Delek US Q4 EPS $1.26, Consensus Price Targets Cut to $38
Delek US Holdings reported Q4 EPS of $1.26, reversing a $2.54-per-share loss year-over-year on $2.43 billion revenue, and declared a $0.255 dividend. Analysts cut consensus price targets to $38 from $40.75, with Wells Fargo at $34 and JP Morgan retaining a Neutral rating at a $38 target.
1. Q4 Financial Performance
Delek US Holdings delivered Q4 EPS of $1.26, reversing a $2.54-per-share loss from a year earlier, on $2.43 billion revenue that trailed estimates by about $120 million.
2. Dividend Declaration
The company declared a quarterly dividend of $0.255 per share, supporting yield-focused investors following the earnings beat.
3. Analyst Target Adjustments
Wall Street consensus price target fell to $38 from $40.75, with Wells Fargo setting $34 and JP Morgan maintaining a Neutral rating while trimming its target to $38.
4. Balance Sheet and Valuation
Leverage remained low with a debt-to-equity ratio of 0.15, but a current ratio of 0.82 highlights potential short-term liquidity constraints; the enterprise value to operating cash flow ratio stood at 3.26.