What is Scotiabank’s Forecast for Delek US FY2025 Earnings?

Delek US Holdings, Inc. (NYSE:DK) – Investment analysts at Scotiabank reduced their FY2025 EPS estimates for Delek US in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst P. Cheng now anticipates that the oil and gas company will earn ($3.35) per share for the year, down from their previous estimate of ($3.00). The consensus estimate for Delek US’s current full-year earnings is ($5.50) per share. Scotiabank also issued estimates for Delek US’s FY2026 earnings at ($1.40) EPS.

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

A number of other research firms have also recently commented on DK. Mizuho reduced their price objective on shares of Delek US from $26.00 to $25.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Morgan Stanley decreased their price target on shares of Delek US from $19.00 to $18.00 and set an “underweight” rating on the stock in a research note on Friday, March 14th. Piper Sandler cut their price objective on shares of Delek US from $18.00 to $17.00 and set a “neutral” rating for the company in a research report on Friday, March 7th. Wells Fargo & Company upped their target price on Delek US from $15.00 to $16.00 and gave the company an “underweight” rating in a research report on Friday, March 21st. Finally, Wolfe Research raised Delek US from an “underperform” rating to a “peer perform” rating in a report on Friday, January 3rd. Five research analysts have rated the stock with a sell rating and six have given a hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $20.40.

Delek US Stock Performance

Shares of NYSE DK opened at $15.93 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.67 and a debt-to-equity ratio of 3.18. The company has a market capitalization of $995.83 million, a P/E ratio of -3.28 and a beta of 1.14. Delek US has a 12 month low of $13.40 and a 12 month high of $33.60. The stock has a 50 day moving average of $17.28 and a 200-day moving average of $17.91.

Institutional Trading of Delek US

Several large investors have recently bought and sold shares of the business. Sterling Capital Management LLC lifted its holdings in shares of Delek US by 728.3% in the fourth quarter. Sterling Capital Management LLC now owns 1,491 shares of the oil and gas company’s stock worth $28,000 after acquiring an additional 1,311 shares during the last quarter. KBC Group NV lifted its stake in Delek US by 66.3% in the 4th quarter. KBC Group NV now owns 3,859 shares of the oil and gas company’s stock valued at $71,000 after purchasing an additional 1,538 shares during the last quarter. ARS Investment Partners LLC acquired a new stake in Delek US in the fourth quarter valued at approximately $185,000. Capstone Investment Advisors LLC bought a new stake in shares of Delek US during the third quarter worth $193,000. Finally, Abel Hall LLC bought a new stake in shares of Delek US during the fourth quarter worth $196,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Delek US

In other Delek US news, CFO Mark Wayne Hobbs bought 2,800 shares of Delek US stock in a transaction on Tuesday, March 11th. The shares were 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 $673,190.60. This trade represents a 6.04 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last three months, insiders have purchased 5,055 shares of company stock valued at $70,787. 1.80% of the stock is owned by corporate insiders.

Delek US Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 6.40%. The ex-dividend date was Monday, March 3rd. Delek US’s dividend payout ratio (DPR) is currently -11.54%.

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.