Delek US Holdings (DK) Given Daily Coverage Optimism Score of 0.17
Media coverage about Delek US Holdings (NYSE:DK) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Delek US Holdings earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 44.9175468011099 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s analysis:
- Refiners Face Near-Term Weakness, But 2018′s Outlook Is Upbeat (finance.yahoo.com)
- Delek US Holdings Sees IBD RS Rating Climb To 75 (finance.yahoo.com)
- Insider Selling: Delek US Holdings, Inc. (DK) Insider Sells 1,000 Shares of Stock (americanbankingnews.com)
- Delek US Holdings, Inc. (DK) Insider Sells $39,656.52 in Stock (americanbankingnews.com)
- Delek US Holdings, Inc. (DK) Expected to Post Quarterly Sales of $2.58 Billion (americanbankingnews.com)
Several brokerages recently commented on DK. ValuEngine upgraded Delek US Holdings from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Tudor Pickering reissued a “hold” rating on shares of Delek US Holdings in a research note on Wednesday, July 12th. BidaskClub lowered Delek US Holdings from a “hold” rating to a “sell” rating in a research note on Monday, August 14th. Zacks Investment Research lowered Delek US Holdings from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and issued a $28.00 price target on shares of Delek US Holdings in a research note on Tuesday, July 11th. Eleven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $28.00.
Shares of Delek US Holdings (NYSE:DK) opened at 25.75 on Friday. Delek US Holdings has a one year low of $14.76 and a one year high of $27.85. The company’s market cap is $1.60 billion. The company’s 50-day moving average price is $24.01 and its 200 day moving average price is $24.75.
Delek US Holdings (NYSE:DK) last announced its quarterly earnings data on Wednesday, August 2nd. The oil and gas company reported ($0.40) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.37). The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $944.29 million. Delek US Holdings had a negative net margin of 3.15% and a negative return on equity of 4.60%. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.08) EPS. On average, equities research analysts anticipate that Delek US Holdings will post $0.10 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 13th. Shareholders of record on Wednesday, August 23rd were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date of this dividend was Monday, August 21st. Delek US Holdings’s payout ratio is -25.86%.
In other news, insider Anthony L. Miller sold 1,509 shares of the business’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $26.28, for a total value of $39,656.52. Following the completion of the transaction, the insider now owns 11,370 shares in the company, valued at $298,803.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charles H. Leonard sold 2,500 shares of the business’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $22.10, for a total value of $55,250.00. Following the completion of the transaction, the director now owns 23,035 shares of the company’s stock, valued at approximately $509,073.50. The disclosure for this sale can be found here. Insiders have sold 6,145 shares of company stock valued at $151,511 in the last quarter. 1.61% of the stock is owned by company insiders.
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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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