Daily Progress: Hafnia Ltd (HAFN) Drop -1.30%, Closing at $5.31

Nora Barnes

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

In the latest session, Hafnia Ltd (NYSE: HAFN) closed at $5.31 down -1.30% from its previous closing price of $5.38. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 0.92 million shares were traded. HAFN stock price reached its highest trading level at $5.39 during the session, while it also had its lowest trading level at $5.29.

Ratios:

For a deeper understanding of Hafnia Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.75. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 1.52. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.29.

Upgrades & Downgrades

In the most recent recommendation for this company, BTIG Research on April 12, 2024, initiated with a Buy rating and assigned the stock a target price of $10.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HAFN now has a Market Capitalization of 2662098944 and an Enterprise Value of 3407696896. As of this moment, Hafnia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.69, and their Forward P/E ratio for the next fiscal year is 7.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 1.534 whereas that against EBITDA is 7.313.

Stock Price History:

The Beta on a monthly basis for HAFN is 0.31, which has changed by -0.04099822 over the last 52 weeks, in comparison to a change of 0.13153219 over the same period for the S&P500. Over the past 52 weeks, HAFN has reached a high of $6.64, while it has fallen to a 52-week low of $3.61. The 50-Day Moving Average of the stock is -11.81%, while the 200-Day Moving Average is calculated to be -2.22%.

Shares Statistics:

For the past three months, HAFN has traded an average of 1.09M shares per day and 1138260 over the past ten days. A total of 497.99M shares are outstanding, with a floating share count of 241.12M. Insiders hold about 51.58% of the company’s shares, while institutions hold 30.03% stake in the company. Shares short for HAFN as of 1764288000 were 2969902 with a Short Ratio of 2.72, compared to 1761868800 on 3208319. Therefore, it implies a Short% of Shares Outstanding of 2969902 and a Short% of Float of 1.0999999999999999.

Earnings Estimates

The consensus estimate for the next quarter is $0.21, with high estimates of $0.21 and low estimates of $0.21.

EPS for the following year is $0.81, with 1 analysts recommending between $0.81 and $0.81.

Revenue Estimates

A total of 2 analysts believe the company’s revenue will be $285.64M this quarter.It ranges from a high estimate of $292M to a low estimate of $279.28M. As of. The current estimate, Hafnia Ltd’s year-ago sales were $240.45MFor the next quarter, 2 analysts are estimating revenue of $285M. There is a high estimate of $285M for the next quarter, whereas the lowest estimate is $285M.

A total of 2 analysts have provided revenue estimates for HAFN’s current fiscal year. The highest revenue estimate was $1.01B, while the lowest revenue estimate was $1B, resulting in an average revenue estimate of $1.01B. In the same quarter a year ago, actual revenue was $1.43BBased on 3 analysts’ estimates, the company’s revenue will be $1B in the next fiscal year. The high estimate is $1.13B and the low estimate is $883M.

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