Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of DHT Holdings Inc (NYSE: DHT) was $11.07 for the day, down -2.04% from the previous closing price of $11.30. In other words, the price has decreased by -$2.04 from its previous closing price. On the day, 1.38 million shares were traded. DHT stock price reached its highest trading level at $11.285 during the session, while it also had its lowest trading level at $11.03.
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 22.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.32.
On October 15, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $16.
Jefferies Upgraded its Hold to Buy on March 21, 2024, whereas the target price for the stock was revised from $11 to $14.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 19 ’24 when Kramer Jeremy bought 27,027 shares for $11.36 per share.
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 1771011840 and an Enterprise Value of 2244017920. As of this moment, DHT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.86, and their Forward P/E ratio for the next fiscal year is 6.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.15 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at 3.844 whereas that against EBITDA is 7.578.
Stock Price History:
Over the past 52 weeks, DHT has reached a high of $12.80, while it has fallen to a 52-week low of $8.67. The 50-Day Moving Average of the stock is 9.17%, while the 200-Day Moving Average is calculated to be 1.07%.
Shares Statistics:
DHT traded an average of 1.96M shares per day over the past three months and 2210890 shares per day over the past ten days. A total of 159.98M shares are outstanding, with a floating share count of 126.76M. Insiders hold about 21.49% of the company’s shares, while institutions hold 61.18% stake in the company. Shares short for DHT as of 1736899200 were 5395487 with a Short Ratio of 2.75, compared to 1734048000 on 5326237. Therefore, it implies a Short% of Shares Outstanding of 5395487 and a Short% of Float of 4.67.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 9.21. The current Payout Ratio is 88.96% for DHT, which recently paid a dividend on 2024-08-23 with an ex-dividend date of 1732233600. Stock splits for the company last occurred on 2012-07-17 when the company split stock in a 1:12 ratio.
