Is DHT Holdings Inc. (DHT) a good stock to buy now?

DHT Holdings Inc. (NYSE: DHT) is 9.56% higher on its value in year-to-date trading and has touched a low of $4.52 and a high of $8.68 in the current 52-week trading range. The DHT stock was last observed hovering at around $5.43 in the last trading session, with the day’s gains setting it 0.3% off its average median price target of $6.00 for the next 12 months. It is also 36.33% off the consensus price target high of $9.00 offered by 9 analysts, but current levels are -21.91% lower than the price target low of $4.70 for the same period.

A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Currently trading at $5.73, the stock is 6.89% and 9.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.22 million and changing 5.52% at the moment leaves the stock 0.00% off its SMA200. DHT registered -30.29% loss for a year compared to 6-month loss of 5.33%. The firm has a 50-day simple moving average (SMA 50) of $5.35 and a 200-day simple moving average (SMA200) of $5.37.

The stock witnessed a 7.10% gain in the last 1 month and extending the period to 3 months gives it a 6.51%, and is 9.56% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.79% over the week and 3.21% over the month.

DHT Holdings Inc. (DHT) has around 17 employees, a market worth around $927.40M and $791.90M in sales. Current P/E ratio is 3.13 and Fwd P/E is 14.40. Profit margin for the company is 42.20%. Distance from 52-week low is 26.77% and -34.01% from its 52-week high. The company has generated returns on investments over the last 12 months (7.80%).

DHT Holdings Inc. (DHT) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for DHT Holdings Inc. (DHT) is a “Overweight”. 9 analysts offering their recommendations for the stock have an average rating of 2.00, where 4 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

DHT Holdings Inc. is expected to release its quarterly report on 05/10/2021 and quarterly earnings per share for the current quarter are estimated at $0.14 with sales reaching $85.9M over the same period.The EPS is expected to grow by 233.90% this year, but quarterly earnings will post 59.60% year-over-year. Quarterly sales are estimated to shrink -39.40% in year-over-year returns.

DHT Holdings Inc. (DHT) Top Institutional Holders

238 institutions hold shares in DHT Holdings Inc. (DHT), with 28.67M shares held by insiders accounting for 16.78% while institutional investors hold 68.21% of the company’s shares. The shares outstanding are 157.77M, and float is at 142.13M with Short Float at 3.79%. Institutions hold 56.76% of the Float.

The top institutional shareholder in the company is FMR, LLC with over 18.89 million shares valued at $97.47 million. The investor’s holdings represent 12.81% of the DHT Shares outstanding. As of Sep 29, 2020, the second largest holder is Dimensional Fund Advisors LP with 11.5 million shares valued at $59.32 million to account for 7.80% of the shares outstanding. The other top investors are Renaissance Technologies, LLC which holds 6.97 million shares representing 4.73% and valued at over $35.98 million, while Blackrock Inc. holds 3.86% of the shares totaling 5.7 million with a market value of $29.4 million.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

DHT Holdings Inc. (DHT): Who are the competitors?

The company’s main competitors (and peers) include Teekay LNG Partners L.P. (TGP) that is trading -18.31% down over the past 12 months. Frontline Ltd. (FRO) is -49.77% down on the 1-year trading charts. Short interest in the company’s stock has fallen -1.86% from the last report on Nov 12, 2020 to stand at a total of 5.49 million short shares sold with a short interest ratio of 2.01.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free