A Combo of Indicators for Delek US Holdings, Inc. (DK)

On the technicals front, Delek US Holdings, Inc. (NYSE:DK) overall has 40% Sell rating. The stock is also flashing a Sell from the Barchart TrendSpotter trading system. Traders hoping to speculate on the DK’s short-term trajectory should know that short terms indicators for the stock averaged 20% Buy with an average daily trading volume over the past 20 days at 1866060 shares. DK stock has overall a 0.75% Sell signal considering medium term indicators and the 50-day average daily volume remained almost 1952444 shares. It’s also worth noting that the stock, whose average daily volume over the 100 days prior to this writing was 1758866 shares, is 67% Sell on the basis of long term indicators.

The share price is currently staying around the first support level of $38.48. Below this, the next support is placed in the zone of $38.06. Till the time, the DK stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 51.8 on daily chart, which may remain a cause for concern. If the price breaks below $38.06 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $39.69 mark may result into a pull-back move towards $40.48 level.

Delek US Holdings, Inc. (DK) is projected to climb by 46.49 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $66-month high price target. This represents a whopping 69.62 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $58, which represents a return potential of 49.06 percent when compared to the closing price of the stock of $38.91 on Monday, November 19. The lowest price target for the stock is $44 — slightly more than 13.08 percent from DK’s current share price.

Here’s a rundown of insider trading activity for sense of Delek US Holdings, Inc. (NYSE:DK). The earliest insider trade took place on 08/27/2018. Wiessman David parted with a total of 60 thousand shares of company at average share price of $54.1. The total for the sales was set at $3.25 million. After this transaction, the Director account balance stood at 51.32 thousand shares. The stock lost -28.08 percent since that insider sale. On 07/05/2018, Serff Jared, Executive Vice President, sold 1.79 thousand shares at a price per share of $50.3. This removed 89.89 thousand shares from the insider’s fortune and the stock saw a -22.64 percent retreat in value since the news became public. This transaction left 13.07 thousand shares in the Executive Vice President account. On 06/15/2018, EVP / CCO Soreq Avigal performed a sale transaction worth $85.11 thousand. This sale at $51.46 each has eliminated 1.65 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -24.39 percent decrease since the transaction was reported. The insider now is left with 20.52 thousand shares remaining in the account. Page Mark T., who performs the Executive Vice President job, sold 2 thousand shares for $107.12 thousand. The disposal occurred on 06/14/2018 was priced at $53.56 per share. The share price plunged -27.35 percent since the reporting date. Page Mark T. now left with a stake of 16.16 thousand DK stock worth $628.63 thousand after the insider selling.

DK shares dropped -0.5 points or -1.27 percent on Monday to $38.91 with a heavy trade volume of 3.675 million shares. After opening the session at $39.28, the shares went as high as $40.05 and as low as $38.84, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $3.19 billion and now has 81.95 million shares outstanding. Delek US Holdings, Inc. (DK) stock has gained 3.29 percent of market value in 21 trading days.

Analysts at Mizuho, assumed coverage of Delek US Holdings, Inc. (NYSE:DK) with Buy recommendation, according to their opinion released on August 02. JP Morgan analysts bumped their recommendation on DK stock from Neutral to Overweight in a separate flash note to investors on May 14.

DK stock has a trailing 3-year beta of 1.29, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $3.15 a share in the trailing twelve months. The stock’s value has surged 11.36 percent year to date (YTD) against a rise of 30.97 percent in 12 month’s time. The company’s shares still trade -36.8 percent away from its 1-year high of $61.57 and 35.29 percent up from 52-week low of $28.76. The average consensus rating on the company is 1.7, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.

Shares of Delek US Holdings, Inc. (DK) are trading at a P/E ratio of 11.75 times earnings reported for the past 12 months. The industry DK operates in has an average P/E of 15.1. Its P/E ratio went as low as 8.12X and as high as 116.89 over the 5-year span. Further, it is sporting a 0.32 on the Price-to-Sales ratio. Compare this with the industry average P/S of 0.76. 15.5 percent is the gross profit margin for Delek US Holdings, Inc. and operating margin sits at 5.2 percent. Along with this, the net profit margin is 4.4 percent.

DK will be declaring its Q4 financial results on March 04. Analysts are forecasting revenue to climb 0.1 percent to $2.49B in the next fiscal quarter, while earnings are seen soaring by nearly 208 percent to $1.54 per share. History has shown that shares in Delek US Holdings, Inc. have gone up on 18 different earnings reaction days and are predicted to add 0.03 percent when the company reports upcoming earnings. In last reported earnings results, it earned $2.02 per share, better than the $2, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $2.5B, worse than the $2.57B analysts expected. Earnings are estimated to increase by 145.6 percent this year, 46.37 percent next year and continue to increase by 64.2 percent annually for the next 5 years.