Delek US (DK) to Release Earnings on Tuesday

Delek US (NYSE:DK) will likely be announcing its earnings results before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of ($1.53) per share and revenue of $2.58 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Delek US Price Performance

Delek US stock opened at $16.72 on Monday. Delek US has a 12 month low of $15.36 and a 12 month high of $33.60. The company has a debt-to-equity ratio of 3.18, a current ratio of 1.04 and a quick ratio of 0.67. The business has a 50 day simple moving average of $18.22 and a 200-day simple moving average of $18.68. The stock has a market capitalization of $1.06 billion, a PE ratio of -3.44 and a beta of 1.20.

Delek US Announces Dividend

The firm also recently disclosed 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 of this dividend is Monday, March 3rd. Delek US’s payout ratio is -20.99%.

Analysts Set New Price Targets

Several research firms have issued reports on DK. Wolfe Research upgraded Delek US from an “underperform” rating to a “peer perform” rating in a research report on Friday, January 3rd. Mizuho cut their price objective on Delek US from $26.00 to $25.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Wells Fargo & Company cut their price objective on Delek US from $18.00 to $16.00 and set an “underweight” rating for the company in a research report on Monday, December 9th. Finally, JPMorgan Chase & Co. increased their price objective on Delek US from $21.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Five investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $21.00.

About Delek US

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.