Equities Analysts Offer Predictions for Delek US Q3 Earnings

Key Points

• Zacks Research raised its Q3 2026 EPS forecast for Delek US to $4.19, up from $2.05, while forecasting $13.80 in full-year 2026 earnings.
• Delek US recently exceeded quarterly expectations, reporting $5.48 EPS versus the $2.67 consensus and $4.09 billion in revenue, up 47.9% year over year.
• Analyst sentiment is broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $70.83; Goldman Sachs and Wells Fargo recently raised their targets to $97 and $95, respectively.

Delek US Holdings, Inc. (NYSE:DK - Free Report) - Equities research analysts at Zacks Research increased their Q3 2026 EPS estimates for Delek US in a report released on Friday, October 23rd. Zacks Research analyst Team now expects that the oil and gas company will post earnings of $4.19 per share for the quarter, up from their prior forecast of $2.05. The consensus estimate for Delek US's current full-year earnings is $18.04 per share. Zacks Research also issued estimates for Delek US's Q4 2026 earnings at $4.05 EPS, FY2026 earnings at $13.80 EPS, Q1 2027 earnings at $3.23 EPS, Q3 2027 earnings at $3.34 EPS, Q4 2027 earnings at $2.91 EPS, FY2027 earnings at $11.18 EPS, Q1 2028 earnings at $0.23 EPS, Q2 2028 earnings at $0.44 EPS, Q3 2028 earnings at $0.77 EPS and FY2028 earnings at $0.29 EPS.

Delek US (NYSE:DK - Get Free Report) last released its earnings results on Wednesday, August 5th. The oil and gas company reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $2.81. Delek US had a net margin of 1.86% and a return on equity of 109.03%. The firm had revenue of $4.09 billion during the quarter, compared to analyst estimates of $3.44 billion. During the same quarter last year, the business earned ($0.56) EPS. The business's revenue was up 47.9% on a year-over-year basis.

A number of other analysts have also weighed in on the stock. The Goldman Sachs Group increased their price objective on shares of Delek US from $83.00 to $97.00 and gave the stock a "buy" rating in a research report on Thursday, October 15th. Mizuho restated a "neutral" rating and set a $83.00 target price (up from $66.00) on shares of Delek US in a research report on Thursday, October 8th. JPMorgan Chase & Co. upped their target price on Delek US from $57.00 to $62.00 and gave the company a "neutral" rating in a research note on Tuesday, July 14th. Wells Fargo & Company upped their target price on Delek US from $82.00 to $95.00 and gave the company an "overweight" rating in a research note on Wednesday, October 14th. Finally, Citigroup reiterated a "neutral" rating on shares of Delek US in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $70.83.

Delek US Price Performance

DK stock opened at $78.24 on Tuesday. The stock has a market cap of $4.79 billion, a PE ratio of 9.89, a P/E/G ratio of 0.56 and a beta of 0.62. Delek US has a 12 month low of $25.85 and a 12 month high of $82.27. The company has a 50-day moving average price of $73.35 and a 200 day moving average price of $51.74. The company has a current ratio of 0.76, a quick ratio of 0.47 and a debt-to-equity ratio of 7.53.

Institutional Trading of Delek US

Several institutional investors and hedge funds have recently modified their holdings of the stock. Carolina Wealth Advisors LLC purchased a new position in Delek US during the 3rd quarter worth $38,000. Sterling Capital Management LLC lifted its holdings in shares of Delek US by 837.7% in the 3rd quarter. Sterling Capital Management LLC now owns 2,016 shares of the oil and gas company's stock worth $144,000 after buying an additional 1,801 shares during the period. Inspire Investing LLC purchased a new stake in shares of Delek US in the 3rd quarter worth $711,000. Yousif Capital Management LLC purchased a new stake in shares of Delek US in the 3rd quarter worth $1,119,000. Finally, Crossmark Global Holdings Inc. bought a new position in shares of Delek US during the 3rd quarter worth $229,000. Institutional investors own 97.01% of the company's stock.

Insider Transactions at Delek US

In related news, Director Gary M. Jr. Sullivan sold 27,688 shares of Delek US stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $69.01, for a total transaction of $1,910,748.88. Following the completion of the sale, the director owned 32,004 shares in the company, valued at $2,208,596.04. This trade represents a 46.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Mark Hobbs sold 20,000 shares of the company's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $64.59, for a total transaction of $1,291,800.00. Following the completion of the transaction, the executive vice president owned 104,326 shares in the company, valued at $6,738,416.34. This represents a 16.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 163,377 shares of company stock valued at $11,082,485. Company insiders own 3.56% of the company's stock.

Delek US Company Profile

Delek US Holdings, Inc is a downstream energy company headquartered in Brentwood, Tennessee. The company operates petroleum refineries and related logistics assets, producing and transporting fuels and other refined petroleum products for markets primarily in the southern United States.

Through its refining operations, Delek processes crude oil into products such as gasoline, diesel, jet fuel and asphalt. Its logistics business, conducted in part through Delek Logistics Partners, owns and operates pipelines, crude oil gathering systems, storage terminals, transportation assets and other infrastructure that supports the movement of crude oil and refined products.

Delek has also operated convenience stores and fuel stations, particularly in Texas and neighboring states, under brands including DK and Alon.

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