Market Update: DHT Holdings Inc (DHT) Sees Negative Movement, Closing at 10.37

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

In the latest session, DHT Holdings Inc (NYSE: DHT) closed at $10.37 down -1.80% from its previous closing price of $10.56. In other words, the price has decreased by -$1.80 from its previous closing price. On the day, 2.96 million shares were traded. DHT stock price reached its highest trading level at $10.54 during the session, while it also had its lowest trading level at $10.24.

Ratios:

For a deeper understanding of DHT Holdings Inc’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 21.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.26. 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 0.40 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 24 ’25 when Rossini Sophie bought 15,000 shares for $10.75 per share.

Kramer Jeremy bought 27,027 shares of DHT for $307,027 on Aug 19 ’24.

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 1664986496 and an Enterprise Value of 2035392256. As of this moment, DHT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.23, and their Forward P/E ratio for the next fiscal year is 5.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.93 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 3.56 whereas that against EBITDA is 7.168.

Stock Price History:

The Beta on a monthly basis for DHT is -0.09, which has changed by -0.12193054 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. 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 -4.38%, while the 200-Day Moving Average is calculated to be -3.37%.

Shares Statistics:

For the past three months, DHT has traded an average of 1.93M shares per day and 1879110 over the past ten days. A total of 159.98M shares are outstanding, with a floating share count of 126.49M. Insiders hold about 21.22% of the company’s shares, while institutions hold 62.32% stake in the company. Shares short for DHT as of 1741910400 were 5996096 with a Short Ratio of 3.11, compared to 1739491200 on 6712098. Therefore, it implies a Short% of Shares Outstanding of 5996096 and a Short% of Float of 5.25.

Dividends & Splits

According to the company, the forward annual dividend rate for DHT is 0.95, from 0.95 in the trailing year. Against a Trailing Annual Dividend Yield of 0.08996212The stock’s 5-year Average Dividend Yield is 9.27. The current Payout Ratio is 88.96% for DHT, which recently paid a dividend on 2025-02-18 with an ex-dividend date of 1739836800. Stock splits for the company last occurred on 2012-07-17 when the company split stock in a 1:12 ratio.

Most Popular