Delek US Holdings Inc. (DK) Shares Gap Up to $17.38
Delek US Holdings Inc. (NYSE:DK)’s share price gapped up before the market opened on Monday . The stock had previously closed at $17.17, but opened at $17.38. Delek US Holdings shares last traded at $17.85, with a volume of 1,159,899 shares traded.
A number of equities analysts have weighed in on the company. Zacks Investment Research raised Delek US Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, August 16th. Piper Jaffray Cos. upped their target price on Delek US Holdings from $10.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, August 22nd. Vetr downgraded Delek US Holdings from a “hold” rating to a “sell” rating and set a $14.25 target price on the stock. in a research report on Monday, August 15th. JPMorgan Chase & Co. upped their target price on Delek US Holdings from $12.00 to $14.00 and gave the company a “neutral” rating in a research report on Friday, August 5th. Finally, RBC Capital Markets reaffirmed an “outperform” rating and issued a $19.00 target price (up previously from $17.00) on shares of Delek US Holdings in a research report on Friday, August 5th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $19.82.
The stock’s market capitalization is $1.08 billion. The company’s 50-day moving average price is $14.27 and its 200 day moving average price is $14.35.
Delek US Holdings (NYSE:DK) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.08) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.18. On average, equities analysts predict that Delek US Holdings Inc. will post ($1.44) earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 13th. Investors of record on Tuesday, August 23rd will be given a $0.15 dividend. The ex-dividend date is Friday, August 19th. This represents a $0.60 dividend on an annualized basis and a yield of 3.42%.
Delek US Holdings, Inc is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil, intermediate and refined products and convenience store retailing. The Company operates through three segments: Refining, Logistics and Retail. Its Refining Segment operates independent refineries in Tyler, Texas, and El Dorado, Arkansas with a combined design crude distillation capacity of approximately 155,000 barrels per day (bpd).
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.