DHT Holdings Inc. (NYSE: DHT) is 77.07% higher on its value in year-to-date trading and has touched a low of $4.55 and a high of $9.31 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 DHT stock was last observed hovering at around $9.26 in the last trading session, with the day’s loss setting it -0.07% off its average median price target of $9.25 for the next 12 months. It is also 23.42% off the consensus price target high of $12.00 offered by 10 analysts, but current levels are -20.92% lower than the price target low of $7.60 for the same period.
Currently trading at $9.19, the stock is 12.91% and 22.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.16 million and changing -0.76% at the moment leaves the stock 50.41% off its SMA200. DHT registered 64.40% gain for a year compared to 6-month gain of 61.23%.
The stock witnessed a 16.77% loss in the last 1 month and extending the period to 3 months gives it a 56.03%, and is 8.12% 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 4.51% over the week and 3.84% over the month.
DHT Holdings Inc. (DHT) has around 18 employees, a market worth around $1.51B and $319.20M in sales. Fwd P/E is 10.60. Profit margin for the company is -9.90%. Distance from 52-week low is 101.98% and -1.29% from its 52-week high. The company has generated returns on investments over the last 12 months (0.00%).
DHT Holdings Inc. (DHT) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for DHT Holdings Inc. (DHT) is a “Buy”. 10 analysts offering their recommendations for the stock have an average rating of 1.80, where 0 rate it as a Hold and 0 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to shrink by -104.40% this year.
DHT Holdings Inc. (DHT) Top Institutional Holders
The shares outstanding are 164.14M, and float is at 134.28M with Short Float at 2.94%.
DHT Holdings Inc. (DHT): Who are the competitors?
The company’s main competitors (and peers) include Ardmore Shipping Corporation (ASC) that is trading 210.91% up over the past 12 months and Frontline Ltd. (FRO) that is 82.38% higher over the same period. Teekay Corporation (TK) is 21.34% up on the 1-year trading charts.