DHT Holdings Inc (DHT) concluded trading on Thursday at a closing price of $11.44, with 3.51 million shares of worth about $40.15 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 17.82% during that period and on March 21, 2024 the price saw a gain of about 4.67%. Currently the company’s common shares owned by public are about 161.00M shares, out of which, 133.72M shares are available for trading.
Stock saw a price change of 2.42% in past 5 days and over the past one month there was a price change of 5.63%. Year-to-date (YTD), DHT shares are showing a performance of 16.62% which increased to 1.33% 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 $11.90 during that period. The average intraday trading volume for DHT Holdings Inc shares is 1.95 million. The stock is currently trading 4.35% above its 20-day simple moving average (SMA20), while that difference is up 4.24% for SMA50 and it goes to 14.58% higher than SMA200.
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DHT Holdings Inc (NYSE: DHT) currently have 161.00M outstanding shares and institutions hold larger chunk of about 59.76% of that.
The stock has a current market capitalization of $1.84B and its 3Y-monthly beta is at -0.35. PE ratio of stock for trailing 12 months is 11.52, while it has posted earnings per share of $0.99 in the same period. Its PEG reads 2.30 and has Quick Ratio of 2.94 while making debt-to-equity ratio of 0.42. 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 2.35% while standing at 2.16% over the month.
Analysts are in expectations that DHT Holdings Inc (DHT) stock would likely to be making an EPS of $0.33 in the current quarter, while forecast for next quarter EPS is $0.25 and it is $2.06 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.25 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 65.66% while it is estimated to increase by 37.77% in next year.
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 Jefferies on Mar-22-24 offering a Buy rating for the stock and assigned a target price range of between $11 and $14 to it. Coverage by Stifel stated DHT Holdings Inc (DHT) stock as a Hold in their note to investors on October 19, 2023, suggesting a price target of $11 for the stock. On May 04, 2023, Jefferies Downgrade their recommendations, while on July 21, 2022, Jefferies Initiated their ratings for the stock with a price target of $9. Stock get a Buy rating from Jefferies on April 27, 2022.
