Market Highlights: DHT Holdings Inc (DHT) Ends on a Low Note at 10.55

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The price of DHT Holdings Inc (NYSE: DHT) closed at $10.55 in the last session, down -3.83% from day before closing price of $10.97. In other words, the price has decreased by -$3.83 from its previous closing price. On the day, 1.67 million shares were traded. DHT stock price reached its highest trading level at $10.82 during the session, while it also had its lowest trading level at $10.54.

Ratios:

We take a closer look at DHT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.15. For the most recent quarter (mrq), Quick Ratio is recorded 2.33 and its Current Ratio is at 2.87. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.36.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on March 21, 2024, Upgraded its rating to Buy and sets its target price to $14 from $11 previously.

On October 19, 2023, Stifel Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $11.

Jefferies Downgraded its Buy to Hold on May 04, 2023, whereas the target price for the stock was revised from $12 to $10.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1703445248 and an Enterprise Value of 2050154368. As of this moment, DHT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.83, and their Forward P/E ratio for the next fiscal year is 5.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.00 while its Price-to-Book (P/B) ratio in mrq is 1.64. Its current Enterprise Value per Revenue stands at 3.577 whereas that against EBITDA is 6.994.

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 $9.28. The 50-Day Moving Average of the stock is -4.47%, while the 200-Day Moving Average is calculated to be -5.40%.

Shares Statistics:

According to the various share statistics, DHT traded on average about 2.14M shares per day over the past 3-months and 2030170 shares per day over the past 10 days. A total of 161.00M shares are outstanding, with a floating share count of 139.15M. Insiders hold about 13.82% of the company’s shares, while institutions hold 61.90% stake in the company. Shares short for DHT as of 1724976000 were 6898813 with a Short Ratio of 3.61, compared to 1722384000 on 6471993. Therefore, it implies a Short% of Shares Outstanding of 6898813 and a Short% of Float of 5.9699997.

Dividends & Splits

The forward annual dividend rate for DHT is 0.97, which was 0.97 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.08842297The stock’s 5-year Average Dividend Yield is 8.63.

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