Stock To Watch: Delek Logistics Partners, L.P. (NYSE:DKL)


The leading market experts have placed a mean price target of $32.00 on Delek Logistics Partners, L.P. (NYSE:DKL) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.62 a share for the upcoming quarter and $2.38 for the current fiscal.

Technical View

The technical analysis of Delek Logistics Partners, L.P. plainly substantiates that the 50-day moving average of Delek Logistics Partners, L.P. is $26.64, and stock is trading $1.78 points away or +6.70% from its 50-day moving average of $26.64. Further it is trading $0.44 or +1.56% away its 200-day moving average of $27.98. Delek Logistics Partners, L.P. (NYSE:DKL) 52-week high is $40.49 and the 52-week low is $21.84.

This explains if the stock moves $-12.07, it will post a 52-week high. In event of +30.13% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Delek Logistics Partners, L.P. , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Delek Logistics Partners, L.P. (NYSE:DKL) ratio came in at 11.53.

The stock last ended the trading session at $28.42 and registered a market cap of $690.66M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Delek Logistics Partners, L.P. (NYSE:DKL) PEG ratio is at 1.84.

1 Chart Pattern Every Investor Should Know

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