DHT Holdings Inc (NYSE: DHT) is -2.65% lower on its value in year-to-date trading and has touched a low of $8.67 and a high of $12.80 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 $9.28 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $9.45, the stock is 1.38% and -6.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.67 million and changing 1.83% at the moment leaves the stock -14.54% off its SMA200. DHT registered -8.96% loss for a year compared to 6-month loss of -19.68%. The firm has a 50-day simple moving average (SMA 50) of $10.1056 and a 200-day simple moving average (SMA200) of $11.06385.
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The stock witnessed a -6.65% gain in the last 1 month and extending the period to 3 months gives it a -9.48%, and is 6.11% 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 3.23% over the week and 3.37% over the month.
DHT Holdings Inc (DHT) has around 1212 employees, a market worth around $1.55B and $579.36M in sales. Current P/E ratio is 9.43 and Fwd P/E is 6.11. Profit margin for the company is 27.93%. Distance from 52-week low is 9.00% and -26.17% from its 52-week high. The company has generated returns on investments over the last 12 months (11.64%).
The EPS is expected to grow by 1.12% this year
The shares outstanding are 161.46M, and float is at 139.12M with Short Float at 3.83%.
The top institutional shareholder in the company is FMR LLC with over 22.0 million shares valued at $254.51 million. The investor’s holdings represent 13.6364 of the DHT Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 12.9 million shares valued at $149.28 million to account for 7.9981 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 7.12 million shares representing 4.4168 and valued at over $82.43 million, while DME CAPITAL MANAGEMENT, LP holds 2.4948 of the shares totaling 4.02 million with a market value of $46.56 million.
