Delek US Holdings Inc (NYSE: DK) has recently enjoyed extremely meaningful positive changes in investment behavior: its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Delek US Holdings Inc (NYSE: DK) has recently enjoyed minor positive changes in fundamentals. Positive developments: significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2025 increased significantly. Negative development: the consensus estimate for December, 2024 decreased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
DK is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Delek US Holdings has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Delek US Holdings has a slightly negative Appreciation Score of 32 and a neutral Power Rating of 53, and the Negative Value Trend Rating results.
Recent Price Action
Delek US Holdings Inc (NYSE: DK) stock closed at $29.50 on 3/15/24 after a very large increase of 6.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 363% of normal. The stock has risen 13.3% during the last week and has been strong relative to the market over the last nine months.
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