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

Delek US Holdings, Inc. (NYSE:DK) – Scotiabank lowered their FY2025 EPS estimates for shares of Delek US in a note issued to investors on Wednesday, March 19th. Scotiabank analyst P. Cheng now forecasts that the oil and gas company will post earnings per share of ($3.35) for the year, down from their previous forecast 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 issued 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 analyst estimates of $2.58 billion. Delek US had a negative return on equity of 28.21% and a negative net margin of 2.27%. Delek US’s revenue for the quarter was down 39.8% on a year-over-year basis. During the same quarter last year, the firm posted ($1.46) EPS.

A number of other equities analysts have also commented on the company. Piper Sandler cut their price objective on Delek US from $18.00 to $17.00 and set a “neutral” rating on the stock in a research note on Friday, March 7th. Wells Fargo & Company increased their price target on Delek US from $15.00 to $16.00 and gave the stock an “underweight” rating in a report on Friday, March 21st. Mizuho cut their price objective on shares of Delek US from $26.00 to $25.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. JPMorgan Chase & Co. raised their target price on Delek US from $21.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Finally, Wolfe Research raised Delek US from an “underperform” rating to a “peer perform” rating in a research note on Friday, January 3rd. Five investment analysts have rated the stock with a sell rating and six have issued a hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $20.40.

Delek US Stock Down 1.0 %

Shares of DK opened at $15.93 on Monday. The company has a market capitalization of $995.83 million, a PE ratio of -3.28 and a beta of 1.14. The stock’s 50-day moving average price is $17.28 and its two-hundred day moving average price is $17.91. The company has a current ratio of 1.04, a quick ratio of 0.67 and a debt-to-equity ratio of 3.18. Delek US has a 12 month low of $13.40 and a 12 month high of $33.60.

Delek US Announces Dividend

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

Insider Activity

In other news, CFO Mark Wayne Hobbs purchased 2,800 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The shares were acquired at an average cost of $13.70 per share, for a total transaction of $38,360.00. Following the completion of 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 ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have purchased 5,055 shares of company stock worth $70,787 over the last 90 days. 1.80% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Delek US

Several hedge funds have recently modified their holdings of the company. Lansforsakringar Fondforvaltning AB publ purchased a new stake in shares of Delek US during the fourth quarter valued at approximately $3,982,000. Mackenzie Financial Corp increased its position in shares of Delek US by 67.8% during the 4th quarter. Mackenzie Financial Corp now owns 39,617 shares of the oil and gas company’s stock valued at $733,000 after purchasing an additional 16,009 shares during the last quarter. GF Fund Management CO. LTD. bought a new stake in shares of Delek US during the 4th quarter worth $363,000. Public Employees Retirement System of Ohio purchased a new position in shares of Delek US in the 4th quarter worth about $780,000. Finally, GTS Securities LLC bought a new position in Delek US during the fourth quarter valued at about $390,000. Institutional investors own 97.01% of the company’s stock.

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.