Delek US Holdings Inc. Stock Upgraded (DK)

NEW YORK ( TheStreet) -- Delek US Holdings (NYSE: DK) has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

Highlights from the ratings report include:
  • DK's very impressive revenue growth greatly exceeded the industry average of 34.1%. Since the same quarter one year prior, revenues leaped by 151.8%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Powered by its strong earnings growth of 977.77% and other important driving factors, this stock has surged by 111.67% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, DK should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income increased by 1034.3% when compared to the same quarter one year prior, rising from -$9.90 million to $92.50 million.
  • Net operating cash flow has significantly increased by 3785.14% to $372.20 million when compared to the same quarter last year. In addition, DELEK US HOLDINGS INC has also vastly surpassed the industry average cash flow growth rate of 29.81%.

Delek US Holdings, Inc. engages in refining, wholesaling, and marketing petroleum products in the United States. The company operates through three segments: Refining, Marketing, and Retail. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 17.7. Delek US has a market cap of $862.8 million and is part of the basic materials sector and energy industry. Shares are up 110.9% year to date as of the close of trading on Monday.

You can view the full Delek US Ratings Report or get investment ideas from our investment research center.

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