Headlines about Delek US (NYSE:DK) have been trending positive recently, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Delek US earned a news impact score of 0.26 on Accern’s scale. Accern also gave press coverage about the oil and gas company an impact score of 46.3845494348667 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s rankings:
- Delek US Holdings, Inc. (DK) Insider Daniel L. Gordon Sells 2,500 Shares (americanbankingnews.com)
- Delek US Holdings, Inc. (DK) Director David Wiessman Sells 200,000 Shares (americanbankingnews.com)
- Wild stock to watch: Delek US Holdings, Inc. (DK) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Do Analysts Think You Should Buy – Delek US Holdings Inc (NYSE: DK) – Stocks Pen (stockspen.com)
- Hot Stock under Consideration – Delek US Holdings Inc (NYSE: DK) – Alpha Beta Stock (alphabetastock.com)
Delek US (NYSE:DK) opened at $36.58 on Wednesday. The stock has a market capitalization of $3,130.00, a P/E ratio of 8.97, a P/E/G ratio of 1.59 and a beta of 1.63. The company has a current ratio of 0.98, a quick ratio of 0.68 and a debt-to-equity ratio of 0.45. Delek US has a 1 year low of $20.65 and a 1 year high of $39.43.
The business also recently announced a quarterly dividend, which will be paid on Monday, March 26th. Investors of record on Monday, March 12th will be given a dividend of $0.20 per share. This is a boost from Delek US’s previous quarterly dividend of $0.15. The ex-dividend date is Friday, March 9th. This represents a $0.80 annualized dividend and a dividend yield of 2.19%. Delek US’s payout ratio is presently 19.61%.
Delek US declared that its Board of Directors has initiated a stock buyback plan on Monday, February 26th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the oil and gas company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.
A number of equities research analysts have weighed in on the company. Zacks Investment Research upgraded Delek US from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a report on Wednesday, January 17th. Citigroup lifted their target price on Delek US from $35.00 to $41.00 and gave the stock a “neutral” rating in a report on Wednesday, January 24th. JPMorgan Chase & Co. lifted their target price on Delek US from $41.00 to $43.00 and gave the stock a “neutral” rating in a report on Tuesday. Morgan Stanley upgraded Delek US from an “equal weight” rating to an “overweight” rating and set a $44.00 target price for the company in a report on Thursday, January 11th. Finally, Scotiabank reiterated a “buy” rating and issued a $43.00 target price on shares of Delek US in a report on Wednesday, January 10th. One analyst has rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and three have issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $37.43.
In other Delek US news, COO Frederec Green sold 10,000 shares of the business’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $34.00, for a total value of $340,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Avigal Soreq sold 3,091 shares of the business’s stock in a transaction on Wednesday, March 7th. The stock was sold at an average price of $36.00, for a total value of $111,276.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 265,591 shares of company stock worth $9,855,201. 1.61% of the stock is owned by insiders.
TRADEMARK VIOLATION WARNING: “Delek US (DK) Earns News Sentiment Score of 0.26” was posted by BBNS and is the property of of BBNS. If you are reading this story on another domain, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this story can be read at https://baseballnewssource.com/2018/03/14/delek-us-dk-given-media-impact-rating-of-0-26/1970741.html.
Delek US 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.
Receive News & Ratings for Delek US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delek US and related companies with MarketBeat.com's FREE daily email newsletter.