Stock Surge: DHT Holdings Inc (DHT) Closes at 10.03, Marking a -0.79 Increase/Decrease

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In the latest session, DHT Holdings Inc (NYSE: DHT) closed at $10.03 down -0.79% from its previous closing price of $10.11. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 1.15 million shares were traded. DHT stock price reached its highest trading level at $10.2 during the session, while it also had its lowest trading level at $9.97.

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 22.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.30. 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 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:

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 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 1619483904 and an Enterprise Value of 1966192768. As of this moment, DHT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.29, and their Forward P/E ratio for the next fiscal year is 5.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.85 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 3.43 whereas that against EBITDA is 6.707.

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 -8.21%, while the 200-Day Moving Average is calculated to be -10.94%.

Shares Statistics:

For the past three months, DHT has traded an average of 1.84M shares per day and 1534950 over the past ten 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 62.05% stake in the company. Shares short for DHT as of 1728950400 were 7361284 with a Short Ratio of 4.00, compared to 1726185600 on 7714240. Therefore, it implies a Short% of Shares Outstanding of 7361284 and a Short% of Float of 6.370000000000001.

Dividends & Splits

According to the company, the forward annual dividend rate for DHT is 0.97, from 0.97 in the trailing year. Against a Trailing Annual Dividend Yield of 0.09594461The stock’s 5-year Average Dividend Yield is 8.86.

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