Delek US Holdings Inc (NYSE: DK) has reported E.P.S. of $-0.51 for its first fiscal quarter (ending March 31) versus $0.96 for the same period a year ago — a decline of -153%. Relative to the consensus estimate of $0.10, this was a shortfall of $-0.61. For the latest four quarters through March 31, E.P.S. were $-1.23 compared to $4.45 a year ago — a decline of -128%.
Recent Price Action
On 5/7/24, Delek US Holdings Inc (NYSE: DK) stock enjoyed a large increase of 4.6%, closing at $27.92. Moreover, exceptionally high trading volume at 259% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has declined -5.0% during the last week.
Current PriceTarget Research Rating
DK is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Delek US Holdings has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Delek US Holdings has a neutral Power Rating of 51 and a slightly positive Appreciation Score of 63, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment