Why Delek US Holdings, Inc. (NYSE:DK) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $20.64 on Delek US Holdings, Inc. (NYSE:DK) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $-0.94 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Delek US Holdings, Inc. (NYSE:DK) stands at 123.14. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Delek US Holdings, Inc. Common , the PEG ratio for coming 3-5 years is 0.61. Technical Analysis The technical analysis highlights that Delek US Holdings, Inc. Common current price is trading $-1.19 points away -8.65% from $13.75, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $16.63 and, for now, the stock price is trading $-4.07 or -24.48% away from that point. The 52-week high of Delek US Holdings, Inc. (NYSE:DK) was $40.47 while lowest point recorded in 52-week was $11.85. It implies if stock price makes a movement of over $-27.91, it will record a new 52-week high. In the case of $+5.99% points drop, it will touch a new 52-week low.

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