Zacks Research Has Positive Outlook of Delek US Q1 Earnings

Delek US Holdings, Inc. (NYSE:DK - Free Report) - Analysts at Zacks Research upped their Q1 2025 earnings estimates for Delek US in a report released on Wednesday, April 9th. Zacks Research analyst R. Department now expects that the oil and gas company will earn ($1.82) per share for the quarter, up from their prior forecast of ($1.99). The consensus estimate for Delek US's current full-year earnings is ($5.50) per share. Zacks Research also issued estimates for Delek US's Q2 2025 earnings at ($0.64) EPS, Q3 2025 earnings at ($0.41) EPS, Q4 2025 earnings at ($1.21) EPS, FY2025 earnings at ($4.08) EPS, Q1 2026 earnings at ($0.48) EPS, Q2 2026 earnings at ($1.03) EPS, Q4 2026 earnings at ($0.50) EPS, FY2026 earnings at ($1.55) EPS and FY2027 earnings at $1.05 EPS.

A number of other research firms have also recently issued reports on DK. Piper Sandler lowered their target price on Delek US from $18.00 to $17.00 and set a "neutral" rating for the company in a research note on Friday, March 7th. Morgan Stanley dropped their target price on shares of Delek US from $19.00 to $18.00 and set an "underweight" rating on the stock in a report on Friday, March 14th. Wells Fargo & Company cut their price objective on shares of Delek US from $16.00 to $11.00 and set an "underweight" rating for the company in a research report on Wednesday. Scotiabank decreased their target price on Delek US from $24.00 to $14.00 and set a "sector perform" rating on the stock in a research report on Friday, April 11th. Finally, UBS Group lowered their target price on Delek US from $21.00 to $13.25 and set a "neutral" rating for the company in a report on Wednesday, April 9th. Five equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $17.48.

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Delek US Trading Up 2.9 %

NYSE:DK traded up $0.35 on Friday, hitting $12.49. 276,593 shares of the stock were exchanged, compared to its average volume of 1,205,527. Delek US has a 52 week low of $11.03 and a 52 week high of $30.85. The company has a debt-to-equity ratio of 3.18, a quick ratio of 0.67 and a current ratio of 1.04. The stock has a market capitalization of $780.79 million, a price-to-earnings ratio of -2.57 and a beta of 1.04. The company's 50-day moving average price is $15.45 and its 200 day moving average price is $17.24.

Delek US (NYSE:DK - Get Free Report) last released its earnings results on Tuesday, February 25th. The oil and gas company reported ($2.54) earnings per share for the quarter, missing the consensus estimate of ($1.53) by ($1.01). Delek US had a negative net margin of 2.27% and a negative return on equity of 28.21%. The company had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.58 billion. During the same quarter in the previous year, the business posted ($1.46) EPS. The firm's quarterly revenue was down 39.8% on a year-over-year basis.

Delek US Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.255 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.02 dividend on an annualized basis and a yield of 8.17%. Delek US's dividend payout ratio is presently -11.54%.

Insiders Place Their Bets

In other Delek US news, CFO Mark Wayne Hobbs purchased 2,800 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was purchased at an average price of $13.70 per share, with a total value of $38,360.00. Following the acquisition, the chief financial officer now owns 49,138 shares in the company, valued at approximately $673,190.60. The trade was a 6.04 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have acquired 5,055 shares of company stock worth $70,787. Company insiders own 1.90% of the company's stock.

Institutional Investors Weigh In On Delek US

Hedge funds have recently made changes to their positions in the company. Net Worth Advisory Group purchased a new stake in Delek US during the first quarter valued at approximately $159,000. Farther Finance Advisors LLC grew its stake in shares of Delek US by 77.4% during the 1st quarter. Farther Finance Advisors LLC now owns 7,118 shares of the oil and gas company's stock worth $110,000 after purchasing an additional 3,105 shares during the period. Wedge Capital Management L L P NC raised its holdings in Delek US by 15.1% in the 1st quarter. Wedge Capital Management L L P NC now owns 36,666 shares of the oil and gas company's stock worth $553,000 after purchasing an additional 4,810 shares during the period. Rhumbline Advisers grew its position in shares of Delek US by 3.4% in the first quarter. Rhumbline Advisers now owns 121,201 shares of the oil and gas company's stock valued at $1,826,000 after purchasing an additional 4,031 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of Delek US by 907.0% in the first quarter. GAMMA Investing LLC now owns 4,159 shares of the oil and gas company's stock worth $63,000 after acquiring an additional 3,746 shares during the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

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.