DHT Holdings Inc. (NYSE: DHT) is -6.98% lower on its value in year-to-date trading and has touched a low of $4.55 and a high of $10.64 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DHT stock was last observed hovering at around $8.55 in the last trading session, with the day’s loss setting it -0.29% off its average median price target of $11.80 for the next 12 months. It is also 42.64% off the consensus price target high of $14.40 offered by 10 analysts, but current levels are 17.4% higher than the price target low of $10.00 for the same period.
Currently trading at $8.26, the stock is -4.92% and -11.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.56 million and changing -3.39% at the moment leaves the stock 8.97% off its SMA200. DHT registered 60.70% gain for a year compared to 6-month gain of 25.15%.
The stock witnessed a -10.31% loss in the last 1 month and extending the period to 3 months gives it a -4.95%, and is -5.28% down 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 3.18% over the week and 3.53% over the month.
DHT Holdings Inc. (DHT) has around 18 employees, a market worth around $1.34B and $370.10M in sales. Fwd P/E is 7.96. Profit margin for the company is -0.90%. Distance from 52-week low is 81.54% and -22.37% 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 1.50, 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.
DHT Holdings Inc. is expected to release its quarterly report on 05/08/2023.The EPS is expected to shrink by -104.40% this year.
DHT Holdings Inc. (DHT) Top Institutional Holders
The shares outstanding are 162.65M, and float is at 134.28M with Short Float at 6.27%.
DHT Holdings Inc. (DHT): Who are the competitors?
The company’s main competitors (and peers) include Ardmore Shipping Corporation (ASC) that is trading 289.79% up over the past 12 months and Frontline Ltd. (FRO) that is 103.38% higher over the same period. Teekay Corporation (TK) is 32.57% up on the 1-year trading charts.