DHT Holdings Inc (DHT) concluded trading on Wednesday at a closing price of $11.00, with 4.26 million shares of worth about $46.83 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.24% during that period and on Wednesday February 7 the price saw a gain of about 4.66%. Currently the company’s common shares owned by public are about 162.65M shares, out of which, 135.38M shares are available for trading.
However, the stock later moved at a day high price of 11.14, or with a gain of 4.66%. Stock saw a price change of -1.08% in past 5 days and over the past one month there was a price change of 3.09%. Year-to-date (YTD), DHT shares are showing a performance of 12.13% which increased to 27.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.30 but also hit the highest price of $12.13 during that period. The average intraday trading volume for DHT Holdings Inc shares is 2.25 million. The stock is currently trading 1.21% above its 20-day simple moving average (SMA20), while that difference is up 5.89% for SMA50 and it goes to 14.41% higher than SMA200.
DHT Holdings Inc (NYSE: DHT) currently have 162.65M outstanding shares and institutions hold larger chunk of about 60.32% of that.
The stock has a current market capitalization of $1.79B and its 3Y-monthly beta is at -0.35. PE ratio of stock for trailing 12 months is 9.53, while it has posted earnings per share of $1.15 in the same period. Its PEG reads 1.91 and has Quick Ratio of 1.80 while making debt-to-equity ratio of 0.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DHT, volatility over the week remained 4.77% while standing at 3.24% over the month.
Analysts are in expectations that DHT Holdings Inc (DHT) stock would likely to be making an EPS of $0.34 in the current quarter, while forecast for next quarter EPS is $0.28 and it is $2.14 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.2 which is $0.5 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.23 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 70.74% while it is estimated to increase by 35.40% in next year. EPS is likely to shrink at an annualized rate of 5.00% for next 5-years, compared to annual growth of 49.51% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on October 19, 2023 offering a Hold rating for the stock and assigned a target price of $11 to it.
