Zacks Research Upgrades Delek US (NYSE:DK) to Strong-Buy

Delek US (NYSE:DK) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports. Zacks Research also issued estimates for Delek US’s Q1 2026 earnings at ($1.58) EPS, Q2 2026 earnings at $0.61 EPS, Q3 2026 earnings at $0.36 EPS, Q4 2026 earnings at ($0.54) EPS, FY2026 earnings at ($1.15) EPS, Q1 2027 earnings at ($0.26) EPS, Q2 2027 earnings at $0.01 EPS, Q3 2027 earnings at ($0.05) EPS, Q4 2027 earnings at $0.23 EPS, FY2027 earnings at ($0.07) EPS, Q1 2028 earnings at ($0.01) EPS and FY2028 earnings at $0.14 EPS.

Several other brokerages have also issued reports on DK. Mizuho lifted their price target on Delek US from $51.00 to $54.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Wells Fargo & Company lifted their price target on Delek US from $54.00 to $59.00 and gave the company an “overweight” rating in a report on Tuesday, March 31st. Wall Street Zen upgraded Delek US from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Piper Sandler reduced their price target on Delek US from $47.00 to $40.00 and set a “neutral” rating for the company in a report on Thursday, January 8th. Finally, Scotiabank upgraded Delek US to a “hold” rating in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Delek US presently has an average rating of “Hold” and a consensus price target of $44.15.

Delek US Stock Up 0.1%

Shares of Delek US stock opened at $46.71 on Wednesday. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of -51.33, a P/E/G ratio of 0.49 and a beta of 0.68. The company has a debt-to-equity ratio of 5.89, a current ratio of 0.82 and a quick ratio of 0.53. Delek US has a 52-week low of $13.09 and a 52-week high of $48.32. The stock has a 50-day simple moving average of $41.70 and a 200-day simple moving average of $36.70.

Delek US (NYSE:DK) last announced its quarterly earnings results on Wednesday, April 29th. The oil and gas company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.42) by $1.50. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.33 billion. Delek US had a positive return on equity of 21.20% and a negative net margin of 0.48%.The firm’s revenue was up .4% on a year-over-year basis. During the same period in the previous year, the company earned ($2.32) EPS. On average, equities research analysts expect that Delek US will post 3.23 earnings per share for the current fiscal year.

Insider Buying and Selling at Delek US

In other news, EVP Denise Clark Mcwatters sold 11,988 shares of the stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $41.33, for a total transaction of $495,464.04. Following the transaction, the executive vice president owned 74,196 shares of the company’s stock, valued at approximately $3,066,520.68. This represents a 13.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Joseph Israel sold 38,000 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $40.65, for a total value of $1,544,700.00. Following the transaction, the executive vice president directly owned 55,623 shares in the company, valued at approximately $2,261,074.95. This represents a 40.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 172,095 shares of company stock worth $7,257,409 in the last 90 days. Company insiders own 3.56% of the company’s stock.

Institutional Trading of Delek US

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Delek US by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 6,330,858 shares of the oil and gas company’s stock valued at $187,773,000 after buying an additional 38,577 shares during the last quarter. Ion Asset Management Ltd. grew its holdings in Delek US by 1.8% in the 2nd quarter. Ion Asset Management Ltd. now owns 3,743,890 shares of the oil and gas company’s stock valued at $79,296,000 after buying an additional 67,490 shares during the last quarter. State Street Corp grew its holdings in Delek US by 3.4% in the 4th quarter. State Street Corp now owns 2,639,447 shares of the oil and gas company’s stock valued at $78,286,000 after buying an additional 87,846 shares during the last quarter. Morgan Stanley grew its holdings in Delek US by 24.7% in the 4th quarter. Morgan Stanley now owns 2,033,037 shares of the oil and gas company’s stock valued at $60,300,000 after buying an additional 403,059 shares during the last quarter. Finally, Barclays PLC grew its holdings in Delek US by 29.4% in the 3rd quarter. Barclays PLC now owns 1,873,578 shares of the oil and gas company’s stock valued at $60,460,000 after buying an additional 425,896 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Trending Headlines about Delek US

Here are the key news stories impacting Delek US this week:

• Positive Sentiment: Q1 beat and strong revenue — Delek reported $0.08 EPS vs. consensus (~‑$0.60) and revenue of $2.65B vs. ~$2.36B, signaling an operational turnaround that supports cash generation and underpins the stock’s uptick. Delek US Q1 2026 Earnings Call Highlights
• Positive Sentiment: Management targets and EBITDA outlook — Company is targeting at least a $220M EOP run rate and outlined DKL segment 2026 EBITDA of $520M–$560M amid market disruption, giving investors a clear operational objective and improved cash‑flow visibility. Delek targets at least $220M EOP run rate…
• Positive Sentiment: Zacks raised several medium‑term estimates — Analysts increased EPS forecasts for multiple 2026–2027 quarters and lifted FY2026/ FY2027 estimates in recent notes, which supports a more constructive medium‑term earnings outlook (see neutral/negative bullets for caveats on near‑term cuts).
• Neutral Sentiment: Official release and presentation available — Business Wire release and the investor slide deck provide details on quarter drivers (refining margins, EOP execution) for those evaluating fundamentals. Delek US Reports First Quarter 2026 Results
• Neutral Sentiment: Earnings call and transcript — Management commentary and the call transcript/slide deck give detail on margin drivers, asset optimization and capital allocation—useful for assessing sustainability of the beat. Q1 2026 Earnings Call Transcript Q1 Presentation
• Neutral Sentiment: Market commentary and momentum analysis — Coverage (Kalkine, others) highlights recent operational improvements and market drivers; helpful context but not new company guidance. Delek US Stock Forecast: What Is Driving Recent Momentum
• Negative Sentiment: Near‑term estimate cuts — Zacks lowered certain near‑term estimates (e.g., Q1 2026 and Q1 2028 revisions), reflecting continued volatility in margins and signaling potential short‑term headwinds despite the quarter beat.
• Negative Sentiment: Balance‑sheet and profitability metrics — The company has elevated leverage and historically volatile margins; negative ROE/net margin remain risks if market or refining conditions worsen (investors should weigh leverage when sizing positions).

About Delek US

Delek US Holdings, Inc (NYSE: DK) is an independent downstream energy company engaged in the refining, logistics, and marketing of petroleum products. Headquartered in Brentwood, Tennessee, the company operates a network of inland refineries, storage terminals and pipelines, and convenience store locations. Delek US focuses on converting crude oil into a variety of finished products, including gasoline, diesel, jet fuel, asphalt and renewable fuels, serving wholesale and retail customers across the United States.

In its refining segment, Delek US owns and operates four inland refineries located in Texas and Arkansas.