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The closing price of DHT Holdings Inc (NYSE: DHT) was $9.42 for the day, down -2.18% from the previous closing price of $9.63. In other words, the price has decreased by -$2.18 from its previous closing price. On the day, 1.67 million shares were traded. DHT stock price reached its highest trading level at $9.631 during the session, while it also had its lowest trading level at $9.365.
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 20.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.88. For the most recent quarter (mrq), Quick Ratio is recorded 1.97 and its Current Ratio is at 2.41. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.35.
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 this company, BTIG Research on October 15, 2024, initiated with a Buy rating and assigned the stock a target price of $16.
On March 21, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $11 to $14.
Stifel Downgraded its Buy to Hold on October 19, 2023, while the target price for the stock was maintained at $11.
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 1520990848 and an Enterprise Value of 1859732480. As of this moment, DHT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.40, and their Forward P/E ratio for the next fiscal year is 5.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 3.186 whereas that against EBITDA is 6.28.
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 -12.64%, while the 200-Day Moving Average is calculated to be -15.93%.
Shares Statistics:
DHT traded an average of 1.70M shares per day over the past three months and 1597540 shares per day over the past ten days. A total of 161.00M shares are outstanding, with a floating share count of 139.12M. Insiders hold about 13.84% of the company’s shares, while institutions hold 61.12% stake in the company. Shares short for DHT as of 1731628800 were 5052701 with a Short Ratio of 2.98, compared to 1728950400 on 7361284. Therefore, it implies a Short% of Shares Outstanding of 5052701 and a Short% of Float of 4.37.
Dividends & Splits
With its trailing 12-month dividend rate of 1.0, DHT has a forward annual dividend rate of 1.00. Against a Trailing Annual Dividend Yield of 0.10384216The stock’s 5-year Average Dividend Yield is 8.99.
