Delek US Holdings (DK) Receives News Impact Rating of 0.07
Press coverage about Delek US Holdings (NYSE:DK) has been trending somewhat positive on Saturday, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Delek US Holdings earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 46.7792211230168 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Share Activity Lifted for Delek US Holdings Inc (DK) and Heron Therapeutics Inc (HRTX) in Session – Bulletin News (orobulletin.com)
- Delek US Holdings Inc (DK) CMF Pushes Into Positive Territory – FLBC News (flbcnews.com)
- Delek US Holdings, Inc. (DK) Holdings Up in Latest Report from Alliancebernstein LP – Highlight Press (highlightpress.com)
- Delek US Holdings Inc (DK) Showing Signs of Potential Bearish … – Sparta Review (spartareview.com)
- Thompson Siegel & Walmsley LLC Modifies Its Investment in Delek US Holdings, Inc. (DK) Last Quarter – First News 24 (firstnewspaper24.com)
DK has been the topic of a number of analyst reports. BidaskClub lowered Delek US Holdings from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 16th. Goldman Sachs Group, Inc. (The) raised Delek US Holdings from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $26.00 to $30.00 in a report on Tuesday, May 16th. Citigroup Inc. reaffirmed a “buy” rating and issued a $29.00 price objective (down previously from $32.00) on shares of Delek US Holdings in a report on Saturday, April 22nd. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $32.00 price objective on shares of Delek US Holdings in a report on Thursday, April 20th. Finally, Zacks Investment Research raised Delek US Holdings from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Friday, July 21st. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and three have given a buy rating to the company. Delek US Holdings presently has an average rating of “Hold” and a consensus price target of $24.02.
Delek US Holdings (DK) remained flat at $22.20 during midday trading on Friday. 968,415 shares of the company were exchanged. Delek US Holdings has a 1-year low of $14.76 and a 1-year high of $27.85. The company’s market capitalization is $1.38 billion. The firm’s 50-day moving average is $25.84 and its 200 day moving average is $24.57.
Delek US Holdings (NYSE:DK) last posted its quarterly earnings data on Wednesday, August 2nd. The oil and gas company reported ($0.40) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by $0.37. Delek US Holdings had a negative return on equity of 4.60% and a negative net margin of 3.15%. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $944.29 million. During the same period in the prior year, the business posted ($0.08) EPS. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. On average, analysts predict that Delek US Holdings will post ($0.22) earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 13th. Investors of record on Wednesday, August 23rd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend is Monday, August 21st. Delek US Holdings’s dividend payout ratio is -25.86%.
In related news, CFO Assi Ginzburg sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $26.00, for a total value of $520,000.00. Following the completion of the transaction, the chief financial officer now owns 103,367 shares of the company’s stock, valued at approximately $2,687,542. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jared Serff sold 1,136 shares of the firm’s stock in a transaction that occurred on Friday, June 30th. The stock was sold at an average price of $26.80, for a total transaction of $30,444.80. Following the completion of the transaction, the insider now directly owns 13,683 shares of the company’s stock, valued at approximately $366,704.40. The disclosure for this sale can be found here. Insiders sold a total of 238,345 shares of company stock valued at $6,072,096 in the last ninety days. Company insiders own 1.42% of the company’s stock.
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Delek US Holdings Company Profile
Delek US Holdings, Inc is a diversified downstream energy company. The Company has a broad platform consisting of refining, logistics, retail and wholesale marketing, renewables and asphalt operations. It operates through five segments: refining, logistics, asphalt, renewable and retail. Its refining assets consist of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day.
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