Will earnings report, end it’s winning streak? Delek US (NYSE:DK)

Earnings results for Delek US (NYSE:DK)

Delek US Holdings, Inc. is expected* to report earnings on 05/04/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $-1.38. The reported EPS for the same quarter last year was $-0.3.

Delek US last announced its quarterly earnings data on February 22nd, 2021. The oil and gas company reported ($2.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.84) by $0.93. The company earned $1.88 billion during the quarter, compared to the consensus estimate of $1.35 billion. Its quarterly revenue was down 17.6% compared to the same quarter last year. Delek US has generated $3.30 earnings per share over the last year. Delek US has confirmed that its next quarterly earnings report will be published on Tuesday, May 4th, 2021. Delek US will be holding an earnings conference call on Tuesday, May 4th. Interested parties can register for or listen to the call using this link.

Analyst Opinion on Delek US (NYSE:DK)

14 Wall Street analysts have issued ratings and price targets for Delek US in the last 12 months. Their average twelve-month price target is $20.92, predicting that the stock has a possible downside of 11.86%. The high price target for DK is $31.00 and the low price target for DK is $13.00. There are currently 3 sell ratings, 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Delek US has received a consensus rating of Hold. The company’s average rating score is 1.93, and is based on 2 buy ratings, 9 hold ratings, and 3 sell ratings. According to analysts’ consensus price target of $20.92, Delek US has a forecasted downside of 11.9% from its current price of $23.73. Delek US has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Delek US (NYSE:DK)

Delek US does not currently pay a dividend. Delek US does not have a long track record of dividend growth.

Insiders buying/selling: Delek US (NYSE:DK)

In the past three months, Delek US insiders have not sold or bought any company stock. Only 1.40% of the stock of Delek US is held by insiders.

Earnings and Valuation of Delek US (NYSE:DK

Earnings for Delek US are expected to grow in the coming year, from ($4.17) to ($1.72) per share. The P/E ratio of Delek US is -6.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Delek US is -6.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Delek US has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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