Delek US (NYSE:DK) Raised to “Strong-Buy” at Zacks Research

Delek US (NYSE:DK) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports. Zacks Research also issued estimates for Delek US’s Q1 2026 earnings at ($1.58) EPS, Q2 2026 earnings at $0.61 EPS, Q3 2026 earnings at $0.36 EPS, Q4 2026 earnings at ($0.54) EPS, FY2026 earnings at ($1.15) EPS, Q1 2027 earnings at ($0.26) EPS, Q2 2027 earnings at $0.01 EPS, Q3 2027 earnings at ($0.05) EPS, Q4 2027 earnings at $0.23 EPS, FY2027 earnings at ($0.07) EPS, Q1 2028 earnings at ($0.01) EPS and FY2028 earnings at $0.14 EPS.

A number of other analysts have also recently issued reports on DK. Morgan Stanley increased their price objective on shares of Delek US from $38.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Weiss Ratings raised shares of Delek US from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. The Goldman Sachs Group raised shares of Delek US from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $43.00 to $55.00 in a research note on Friday, April 10th. Mizuho increased their price objective on shares of Delek US from $51.00 to $54.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. Finally, Scotiabank raised shares of Delek US to a “hold” rating in a research note on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $44.15.

Delek US Stock Performance

Shares of NYSE DK opened at $46.71 on Wednesday. The firm has a fifty day moving average price of $41.70 and a 200-day moving average price of $36.70. The company has a debt-to-equity ratio of 5.89, a current ratio of 0.82 and a quick ratio of 0.53. The stock has a market cap of $2.79 billion, a PE ratio of -51.33, a price-to-earnings-growth ratio of 0.49 and a beta of 0.68. Delek US has a 1 year low of $13.09 and a 1 year high of $48.32.

Delek US (NYSE:DK) last announced its quarterly earnings data on Wednesday, April 29th. The oil and gas company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.42) by $1.50. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Delek US had a negative net margin of 0.48% and a positive return on equity of 21.20%. The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the prior year, the company posted ($2.32) earnings per share. Equities analysts anticipate that Delek US will post 3.23 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Reuven Spiegel sold 20,000 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $42.84, for a total transaction of $856,800.00. Following the completion of the transaction, the executive vice president owned 48,530 shares in the company, valued at approximately $2,079,025.20. This represents a 29.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Joseph Israel sold 38,000 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $40.65, for a total transaction of $1,544,700.00. Following the transaction, the executive vice president owned 55,623 shares of the company’s stock, valued at approximately $2,261,074.95. This represents a 40.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 172,095 shares of company stock valued at $7,257,409 in the last quarter. Company insiders own 3.56% of the company’s stock.

Hedge Funds Weigh In On Delek US

Hedge funds and other institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd boosted its position in shares of Delek US by 95.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the oil and gas company’s stock worth $26,000 after acquiring an additional 432 shares during the last quarter. Brown Brothers Harriman & Co. bought a new position in Delek US during the third quarter valued at $27,000. EverSource Wealth Advisors LLC lifted its position in Delek US by 173.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 968 shares of the oil and gas company’s stock valued at $29,000 after purchasing an additional 614 shares during the last quarter. Torren Management LLC bought a new position in Delek US during the fourth quarter valued at $40,000. Finally, Focus Partners Wealth bought a new position in Delek US during the third quarter valued at $44,000. Institutional investors own 97.01% of the company’s stock.

Key Headlines Impacting Delek US

Here are the key news stories impacting Delek US this week:

• Positive Sentiment: Zacks Research upgraded Delek US from “hold” to “strong?buy”, signaling improved analyst conviction that may attract buyers. Zacks Upgrade
• Positive Sentiment: Management laid out operational targets and EBITDA guidance for DKL (Delek Logistics) — targeting at least a $220M EOP run?rate and $520M–$560M 2026 DKL EBITDA — which supports the thesis of improving cash flow and de?leveraging. Management Targets & DKL Guidance
• Positive Sentiment: Zacks raised several forward?period estimates (notably Q2 2026 and parts of FY2026–FY2027), reflecting expectations for recovery in refining/logistics results — a sign analysts see improving earnings power over the next 12–24 months.
• Neutral Sentiment: Q1 2026 earnings call and transcript highlight a beat on EPS and revenue (company reported stronger-than-expected Q1 results and discussed margin dynamics and Iran-related market impacts). These details provide context but much of the beat may already be priced in. Q1 2026 Earnings Call Highlights
• Neutral Sentiment: Earnings transcript and investor presentation are available for deeper review — useful for investors who want line?item detail on refining margins, logistics outlook and capital allocation. Q1 2026 Earnings Transcript Q1 Presentation
• Negative Sentiment: Zacks trimmed its Q1 2026 EPS estimate (wider near?term loss forecast) and left FY2026 still negative in some scenarios — highlighting earnings volatility and near?term downside risk if margins or volumes weaken.
• Negative Sentiment: Financial leverage remains elevated (high debt-to-equity) and liquidity ratios are tight, so operational or market shocks could weigh on the stock despite better guidance.

Delek US Company Profile

Delek US Holdings, Inc (NYSE: DK) is an independent downstream energy company engaged in the refining, logistics, and marketing of petroleum products. Headquartered in Brentwood, Tennessee, the company operates a network of inland refineries, storage terminals and pipelines, and convenience store locations. Delek US focuses on converting crude oil into a variety of finished products, including gasoline, diesel, jet fuel, asphalt and renewable fuels, serving wholesale and retail customers across the United States.

In its refining segment, Delek US owns and operates four inland refineries located in Texas and Arkansas.