DHT Holdings Inc (NYSE:DHT) currently has a daily average trading volume of 1.69M but it saw 1033799 shares traded in last market. With a market cap of 1.82B USD, the company’s current market price of $11.28 came falling about -0.44 while comparing to the previous closing price of $11.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.95 and as low as $7.30.
Taking a look at 20-day trading activity of DHT Holdings Inc (DHT) gives us an average price of $11.44, while its current price level is -5.65% below from 52-week high level whereas it is 54.52% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $11.22 while that of 200 days or SMA-200 reads an average of $10.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.23% during that period while stretching the period over a month that decreases to 2.20%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.28 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Jefferies which upgraded the stock as “Buy” in its note to investors issued on March 21, 2024, recommending a price target of between $11 and $14 for it. Stifel downgraded its recommendation for the stock as a “Hold” from “Buy” on October 19, 2023 while assigning a price target of $11. Jefferies issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $12 and $10.
Year-to-date it is 14.98% up and over the past year, the stock is showing an upside performance of 10.05%.
The latest quarterly earnings report issued by the company was for quarter ended 12/31/2023, when its quarterly earnings per share (EPS) of $0.22 beaten by the consensus estimate of $0.23 for the same. For DHT, analysts are forecasting an EPS-growth rate of 62.60% for current year and estimate for EPS growth in next year is 28.60%. In next quarter, company is expected to be making quarterly sales of $103.74 million as analysts are expecting the sales for current fiscal year at $469.46 million and seeing the company making $536.57 million in sales next year. Moreover, analysts are in estimates of $116.79 million for current-quarter revenue.
Currently, DHT Holdings Inc’s total number of outstanding shares is 161.00M. Company’s return on investment (ROI) stands at 11.28% and return on equity (ROE) at 15.40%. It has a price to earnings ratio (P/E ratio) of 11.36 while having a 4.98 of forward P/E ratio. Stock’s beta reads -0.36. Stock has a price to book (P/B) ratio of 1.77 while price to sale or P/S ratio amounts to 3.27. Its return on asset (ROA) is 10.75% on average.
