Delek US (DK) Expected to Announce Quarterly Earnings on Tuesday

Delek US (NYSE:DK) will likely be posting its quarterly earnings results before the market opens on Tuesday, February 25th. Analysts expect Delek US to post earnings of ($1.53) per share and revenue of $2.58 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Delek US Price Performance

Shares of NYSE:DK opened at $16.72 on Friday. The company has a quick ratio of 0.67, a current ratio of 1.04 and a debt-to-equity ratio of 3.18. Delek US has a fifty-two week low of $15.36 and a fifty-two week high of $33.60. The firm has a 50-day simple moving average of $18.22 and a 200 day simple moving average of $18.69. The company has a market cap of $1.06 billion, a PE ratio of -3.44 and a beta of 1.20.

Delek US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Monday, March 3rd will be given a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 6.10%. The ex-dividend date is Monday, March 3rd. Delek US’s dividend payout ratio (DPR) is -20.99%.

Analyst Ratings Changes

A number of analysts have recently weighed in on DK shares. JPMorgan Chase & Co. upped their price target on shares of Delek US from $21.00 to $22.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. Wolfe Research raised shares of Delek US from an “underperform” rating to a “peer perform” rating in a research note on Friday, January 3rd. Mizuho cut their target price on shares of Delek US from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Finally, Wells Fargo & Company cut their target price on shares of Delek US from $18.00 to $16.00 and set an “underweight” rating for the company in a research note on Monday, December 9th. Five analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $21.00.

Delek US Company Profile

Delek US Holdings, Inc engages in the integrated downstream energy business in the United States. The company operates through Refining, Logistics, and Retail segments. The Refining segment processes crude oil and other feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminal.