150 institutions hold shares in Diamond S Shipping Inc. (DSSI), with 3.61M shares held by insiders accounting for 8.96% while institutional investors hold 85.96% of the company’s shares. The shares outstanding are 39.95M, and float is at 25.56M with Short Float at 3.45%. Institutions hold 78.26% of the Float.
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The top institutional shareholder in the company is Smith (Donald) & Company Inc. with over 3.45 million shares valued at $23.01 million. The investor’s holdings represent 8.54% of the DSSI Shares outstanding. As of Dec 30, 2020, the second largest holder is First Reserve GP XII Ltd with 2.43 million shares valued at $16.16 million to account for 6.00% of the shares outstanding. The other top investors are Blackrock Inc. which holds 1.86 million shares representing 4.59% and valued at over $12.36 million, while Siguler Guff Advisers, LLC holds 3.77% of the shares totaling 1.52 million with a market value of $10.15 million.
Diamond S Shipping Inc. (NYSE: DSSI) is 59.76% higher on its value in year-to-date trading and has touched a low of $5.31 and a high of $15.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DSSI stock was last observed hovering at around $10.77 in the last trading session, with the day’s loss setting it -0.13% off its average median price target of $16.00 for the next 12 months. It is also 37.41% off the consensus price target high of $17.00 offered by 5 analysts, but current levels are -6.4% lower than the price target low of $10.00 for the same period.
Currently trading at $10.64, the stock is 12.08% and 25.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.75 million and changing -1.21% at the moment leaves the stock 38.28% off its SMA200. DSSI registered 16.28% gain for a year compared to 6-month gain of 46.96%. The firm has a 50-day simple moving average (SMA 50) of $8.99 and a 200-day simple moving average (SMA200) of $7.38.
The stock witnessed a 21.46% loss in the last 1 month and extending the period to 3 months gives it a 56.47%, and is 13.19% 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 6.47% over the week and 6.68% over the month.
Diamond S Shipping Inc. (DSSI) has around 1465 employees, a market worth around $420.17M and $595.90M in sales. Current P/E ratio is 18.57 and Fwd P/E is 4.30. Profit margin for the company is 3.90%. Distance from 52-week low is 100.38% and -31.35% from its 52-week high. The company has generated returns on investments over the last 12 months (3.20%).
Diamond S Shipping Inc. (DSSI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Diamond S Shipping Inc. (DSSI) is a “Buy”. 5 analysts offering their recommendations for the stock have an average rating of 1.90, where 1 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Diamond S Shipping Inc. is expected to release its quarterly report on 08/11/2021 and quarterly earnings per share for the current quarter are estimated at -$0.63 with sales reaching $69.9M over the same period.The EPS is expected to grow by 330.20% this year, but quarterly earnings will post -39.60% year-over-year. Quarterly sales are estimated to shrink -66.70% in year-over-year returns.