Delek US Holdings Receives a Hold from Barclays

Barclays analyst Paul Cheng maintained a Hold rating on Delek US Holdings (NYSE: DK) today and set a price target of $19. The company’s shares closed last Friday at $17.34.

According to, Cheng is a 4-star analyst with an average return of 5.9% and a 65.1% success rate. Cheng covers the Basic Materials sector, focusing on stocks such as Petrobras Argentina S.A., Imperial Oil Limited, and Petroleo Brasileiro.

Delek US Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $19.

Based on Delek US Holdings’ latest earnings report from June 30, the company posted quarterly revenue of $1.43B and quarterly net profit of -$7M. In comparison, last year the company earned revenue of $1.55B and had a net profit of $18.7M.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is neutral on the stock. Most recently, in March 2016, Charles H. Leonard, a a Director at DK sold 6,675 shares for a total of $104,130.

Delek US Holdings, Inc. is an energy company, which engages in the petroleum refining; wholesale distribution of refined products; and convenience store retailing. It operates through the following segments: Refining, Logistics, and Retailing. The Refining segment involves in processing crude oil and manufacturing refined products, such as gasoline and distillate fuel. The Logistics segment focuses on owning and operating midstream energy infrastructure assets. The Retail segment operates under the MAPCO Express, MAPCO Mart, East Coast, Fast Food and Fuel, Favorite Markets, Delta Express and Discount Food Mart. The company was founded in April 2001 and is headquartered in Brentwood, TN.