The closing price of DHT Holdings Inc (NYSE: DHT) was $10.82 for the day, down -0.37% from the previous closing price of $10.86. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 1491937 shares were traded. DHT stock price reached its highest trading level at $10.89 during the session, while it also had its lowest trading level at $10.70.
Ratios:
Our analysis of DHT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.14. For the most recent quarter (mrq), Quick Ratio is recorded 2.94 and its Current Ratio is at 3.54. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.39.
On May 04, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $12 to $10.
On July 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $9.Jefferies initiated its Buy rating on July 21, 2022, with a $9 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DHT now has a Market Capitalization of 1.74B and an Enterprise Value of 2.10B. As of this moment, DHT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.89, and their Forward P/E ratio for the next fiscal year is 4.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.13 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 3.74 whereas that against EBITDA is 6.89.
Stock Price History:
Over the past 52 weeks, DHT has reached a high of $11.90, while it has fallen to a 52-week low of $7.30. The 50-Day Moving Average of the stock is 10.89, while the 200-Day Moving Average is calculated to be 9.89.
Shares Statistics:
DHT traded an average of 2.09M shares per day over the past three months and 1.5M shares per day over the past ten days. A total of 161.00M shares are outstanding, with a floating share count of 133.72M. Insiders hold about 16.94% of the company’s shares, while institutions hold 59.74% stake in the company. Shares short for DHT as of Feb 29, 2024 were 2.67M with a Short Ratio of 1.28, compared to 4.3M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.66% and a Short% of Float of 2.44%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.99, DHT has a forward annual dividend rate of 0.99. Against a Trailing Annual Dividend Yield of 9.12%, it implies a Forward Annual Dividend Yield of 9.15%. The stock’s 5-year Average Dividend Yield is 8.03. The current Payout Ratio is 115.59% for DHT, which recently paid a dividend on Feb 28, 2024 with an ex-dividend date of Feb 20, 2024. Stock splits for the company last occurred on Jul 17, 2012 when the company split stock in a 1:12 ratio.
Earnings Estimates
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of $0.33 for the current quarter, with a high estimate of $0.5 and a low estimate of $0.25, while EPS last year was $0.23. The consensus estimate for the next quarter is $0.25, with high estimates of $0.34 and low estimates of $0.19.
Analysts are recommending an EPS of between $2.48 and $0.98 for the fiscal current year, implying an average EPS of $1.57. EPS for the following year is $2.06, with 9 analysts recommending between $3.3 and $1.05.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $168.36M to a low estimate of $100.2M. As of the current estimate, DHT Holdings Inc’s year-ago sales were $93.9M, an estimated increase of 34.50% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $112.45M, an increase of 0.20% less than the figure of $34.50% in the same quarter last year. There is a high estimate of $151.59M for the next quarter, whereas the lowest estimate is $89.9M.
A total of 8 analysts have provided revenue estimates for DHT’s current fiscal year. The highest revenue estimate was $649M, while the lowest revenue estimate was $393.9M, resulting in an average revenue estimate of $495.24M. In the same quarter a year ago, actual revenue was $390.41M, up 26.90% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $558.6M in the next fiscal year. The high estimate is $701M and the low estimate is $435M. The average revenue growth estimate for next year is up 12.80% from the average revenue estimate for this year.
