Press coverage about Delek US Holdings (NYSE:DK) has been trending very positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Delek US Holdings earned a daily sentiment score of 0.69 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s rankings:
- 2 Hot Stocks To Watch: Delek US Holdings, Inc. (DK), Splunk Inc. (SPLK) – StockNewsMagazine (stocknewsmagazine.com)
- Petrobras To Offload Assets In Paraguay And Maromba (benzinga.com)
- Petrobras (PBR) to Offload Assets in Paraguay and Maromba (zacks.com)
- Delek US Holdings, Inc. (DK) Rating Reiterated by Barclays PLC (hoyentv.com)
- Delek US Holdings, Inc. (DK) Insider Jared Serff Sells 1,136 Shares (americanbankingnews.com)
Several brokerages recently commented on DK. J P Morgan Chase & Co assumed coverage on Delek US Holdings in a research report on Tuesday. They set a “neutral” rating for the company. BidaskClub raised Delek US Holdings from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 20th. Barclays PLC reaffirmed an “equal weight” rating and set a $28.00 target price on shares of Delek US Holdings in a research report on Wednesday, July 5th. Scotiabank set a $26.00 price target on Delek US Holdings and gave the stock a “hold” rating in a report on Monday, June 26th. Finally, ValuEngine upgraded Delek US Holdings from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Delek US Holdings presently has an average rating of “Hold” and an average target price of $21.75.
Shares of Delek US Holdings (NYSE:DK) opened at 26.46 on Wednesday. The firm has a 50-day moving average price of $25.63 and a 200-day moving average price of $24.21. Delek US Holdings has a 12 month low of $11.66 and a 12 month high of $27.82. The company’s market capitalization is $1.64 billion.
Delek US Holdings (NYSE:DK) last posted its quarterly earnings results on Monday, May 8th. The oil and gas company reported $0.16 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.33) by $0.49. Delek US Holdings had a negative return on equity of 2.83% and a negative net margin of 2.37%. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $897.24 million. During the same period last year, the company earned ($0.86) earnings per share. The business’s revenue for the quarter was up 33.4% on a year-over-year basis. On average, equities research analysts predict that Delek US Holdings will post ($0.05) EPS for the current year.
In related news, insider Jared Serff sold 1,136 shares of the stock in a transaction on Friday, June 30th. The stock was sold at an average price of $26.80, for a total value of $30,444.80. Following the sale, the insider now owns 13,683 shares in the company, valued at $366,704.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman Ezra Uzi Yemin sold 202,806 shares of the stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $25.41, for a total value of $5,153,300.46. Following the completion of the sale, the chairman now owns 344,890 shares in the company, valued at approximately $8,763,654.90. The disclosure for this sale can be found here. Insiders sold 238,345 shares of company stock valued at $6,072,096 over the last ninety days. Corporate insiders own 1.42% of the company’s stock.
Delek US Holdings Company Profile
Delek US Holdings, Inc is an integrated downstream energy business focused on petroleum refining and the transportation, storage and wholesale of crude oil, intermediate and refined products. The Company operates through two segments: Refining and Logistics. The Company’s refining segment operates independent refineries in Tyler, Texas (the Tyler refinery) and El Dorado, Arkansas (the El Dorado refinery).
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