Wall Street analysts expect Delek US Holdings, Inc. (NYSE:DK) to report $2.10 billion in sales for the current quarter, according to Zacks. Two analysts have made estimates for Delek US’s earnings, with the lowest sales estimate coming in at $2.03 billion and the highest estimate coming in at $2.17 billion. Delek US posted sales of $1.08 billion in the same quarter last year, which would indicate a positive year over year growth rate of 94.4%. The business is expected to announce its next earnings report after the market closes on Monday, February 26th.

According to Zacks, analysts expect that Delek US will report full year sales of $2.10 billion for the current fiscal year, with estimates ranging from $6.74 billion to $6.92 billion. For the next year, analysts anticipate that the firm will report sales of $8.89 billion per share, with estimates ranging from $8.16 billion to $9.62 billion. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for Delek US.

Delek US (NYSE:DK) last released its quarterly earnings results on Wednesday, November 8th. The oil and gas company reported $0.81 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.13. Delek US had a return on equity of 1.71% and a net margin of 2.09%. The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.64 billion.

Several equities research analysts recently weighed in on the company. Zacks Investment Research lowered Delek US from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Royal Bank of Canada restated a “buy” rating and set a $35.00 price target on shares of Delek US in a research report on Wednesday, October 18th. Scotiabank restated a “buy” rating and set a $43.00 price target on shares of Delek US in a research report on Wednesday, January 10th. Citigroup lifted their price target on Delek US from $35.00 to $41.00 and gave the company a “neutral” rating in a research report on Wednesday, January 24th. Finally, Cowen restated a “buy” rating and set a $30.00 price target on shares of Delek US in a research report on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $36.21.

In other news, insider Anthony L. Miller sold 1,155 shares of the business’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $32.79, for a total value of $37,872.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, COO Frederec Green sold 10,000 shares of the business’s stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $32.00, for a total value of $320,000.00. The disclosure for this sale can be found here. Insiders have sold 225,631 shares of company stock valued at $7,683,903 in the last quarter. 1.61% of the stock is owned by company insiders.

Several hedge funds have recently bought and sold shares of DK. Point72 Asset Management L.P. raised its stake in shares of Delek US by 315.5% in the third quarter. Point72 Asset Management L.P. now owns 2,790,717 shares of the oil and gas company’s stock worth $74,596,000 after purchasing an additional 2,119,017 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Delek US by 35.1% in the third quarter. Dimensional Fund Advisors LP now owns 7,058,494 shares of the oil and gas company’s stock worth $188,672,000 after purchasing an additional 1,833,630 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Delek US by 33.7% in the second quarter. Vanguard Group Inc. now owns 6,958,487 shares of the oil and gas company’s stock worth $183,982,000 after purchasing an additional 1,753,373 shares during the last quarter. FMR LLC raised its stake in shares of Delek US by 24.9% in the second quarter. FMR LLC now owns 4,248,836 shares of the oil and gas company’s stock worth $112,339,000 after purchasing an additional 846,855 shares during the last quarter. Finally, Janus Henderson Group PLC purchased a new position in shares of Delek US in the second quarter worth $13,991,000. Hedge funds and other institutional investors own 90.97% of the company’s stock.

Delek US (NYSE DK) traded up $0.04 during midday trading on Tuesday, hitting $31.08. The company had a trading volume of 1,430,000 shares, compared to its average volume of 1,170,000. The company has a quick ratio of 0.76, a current ratio of 1.09 and a debt-to-equity ratio of 0.60. Delek US has a one year low of $20.65 and a one year high of $39.43. The company has a market capitalization of $2,610.00, a price-to-earnings ratio of 3.72, a PEG ratio of 1.37 and a beta of 1.69.

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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.

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