Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Delek US Holdings ( (DK) ) has provided an update.
On April 29, 2025, Delek US Holdings, Inc. held its Annual Meeting of Stockholders, where the stockholders approved the Sixth Amendment to the 2016 Long-Term Incentive Plan. This amendment increases the number of shares reserved for issuance by 1,900,000, bringing the total to 18,910,000 shares. Additionally, all ten nominees for the board of directors were elected, and the company’s executive compensation program was approved on an advisory basis. The appointment of Ernst & Young LLP as the independent registered public accounting firm for 2025 was also ratified.
Spark’s Take on DK Stock
According to Spark, TipRanks’ AI Analyst, DK is a Neutral.
Delek US Holdings’ overall stock score reflects the company’s financial instability and bearish technical outlook, which are significant concerns. However, the positive sentiment from recent earnings calls and corporate events, along with a high dividend yield, provide some supportive factors. Strategic efforts to improve profitability and cash flow are crucial for future performance.
To see Spark’s full report on DK stock, click here.
More about Delek US Holdings
YTD Price Performance: -28.50%
Average Trading Volume: 1,621,123
Technical Sentiment Signal: Buy
Current Market Cap: $805.5M
For an in-depth examination of DK stock, go to TipRanks’ Stock Analysis page.