Brokerages expect Delek US Holdings, Inc. (NYSE:DK) to report sales of $2.12 billion for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Delek US’s earnings. The lowest sales estimate is $2.03 billion and the highest is $2.21 billion. Delek US posted sales of $1.08 billion during the same quarter last year, which would indicate a positive year over year growth rate of 96.3%. The business is scheduled to issue 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 $2.12 billion for the current financial year, with estimates ranging from $6.74 billion to $6.97 billion. For the next year, analysts anticipate that the firm will report sales of $8.88 billion per share, with estimates ranging from $8.16 billion to $9.60 billion. Zacks’ sales calculations are an average based on a survey of research analysts that that provide coverage for Delek US.

Delek US (NYSE:DK) last issued its quarterly earnings data on Wednesday, November 8th. The oil and gas company reported $0.81 earnings per share (EPS) 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%.

DK has been the subject of a number of recent research reports. Zacks Investment Research upgraded Delek US from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a research report on Monday, October 16th. Cowen restated a “buy” rating and set a $30.00 target price on shares of Delek US in a research report on Tuesday, October 17th. Citigroup restated a “hold” rating and set a $27.00 target price (down previously from $29.00) on shares of Delek US in a research report on Wednesday, October 18th. Royal Bank of Canada restated a “buy” rating and set a $35.00 target price on shares of Delek US in a research report on Wednesday, October 18th. Finally, Macquarie upgraded Delek US from a “neutral” rating to an “outperform” rating in a research report on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. Delek US presently has an average rating of “Buy” and an average target price of $35.14.

In related news, COO Frederec Green sold 25,000 shares of Delek US stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $38.00, for a total transaction of $950,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Anthony L. Miller sold 1,155 shares of the business’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $32.79, for a total value of $37,872.45. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 255,631 shares of company stock valued at $8,523,903. 1.61% of the stock is owned by insiders.

Large investors have recently bought and sold shares of the business. Quantbot Technologies LP acquired a new position in Delek US in the third quarter valued at about $114,000. Hanseatic Management Services Inc. grew its stake in Delek US by 18,606.3% in the third quarter. Hanseatic Management Services Inc. now owns 5,986 shares of the oil and gas company’s stock valued at $160,000 after acquiring an additional 5,954 shares during the period. Great West Life Assurance Co. Can grew its stake in Delek US by 51.3% in the third quarter. Great West Life Assurance Co. Can now owns 7,112 shares of the oil and gas company’s stock valued at $188,000 after acquiring an additional 2,412 shares during the period. Amalgamated Bank acquired a new position in Delek US in the second quarter valued at about $207,000. Finally, ETRADE Capital Management LLC acquired a new position in Delek US in the third quarter valued at about $215,000. 93.10% of the stock is owned by hedge funds and other institutional investors.

Shares of Delek US (DK) opened at $37.94 on Friday. The firm has a market capitalization of $3,125.18, a price-to-earnings ratio of 294.85, a PEG ratio of 1.85 and a beta of 2.01. Delek US has a 52-week low of $20.65 and a 52-week high of $39.43. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.76 and a current ratio of 1.09.

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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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