Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Delek US Holdings Inc (NYSE: DK) weakened in the last week. DK's current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 3/18/24, Delek US Holdings Inc (NYSE: DK) stock rose modestly by 0.4%, closing at $29.63. Moreover, above average trading volume at 122% of normal accompanied the advance. The stock has risen 11.8% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, DK is expected to continue to be a modest Value Builder.
Delek US Holdings has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock's attractiveness. Delek US Holdings has a slightly negative Appreciation Score of 32 and a neutral Power Rating of 53, leading to the Negative Value Trend Rating.