DHT Holdings Inc (NYSE: DHT) is 11.41% higher 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 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 $10.52 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $10.35, the stock is -5.17% and -2.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.5 million and changing -1.62% at the moment leaves the stock -4.83% off its SMA200. DHT registered -5.99% loss for a year compared to 6-month gain of -4.43%.
The stock witnessed a -9.61% loss in the last 1 month and extending the period to 3 months gives it a 9.87%, and is -2.91% 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 4.36% over the week and 3.76% over the month.
DHT Holdings Inc (DHT) has around 1212 employees, a market worth around $1.67B and $567.84M in sales. Current P/E ratio is 9.22 and Fwd P/E is 5.76. Profit margin for the company is 31.94%. Distance from 52-week low is 19.38% and -19.14% from its 52-week high. The company has generated returns on investments over the last 12 months (13.25%).
The EPS is expected to grow by 19.17% this year
The shares outstanding are 159.98M, and float is at 127.21M with Short Float at 5.28%.
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 2.4939 of the shares totaling 4.02 million with a market value of $46.56 million.
DHT Holdings Inc (DHT): Who are the competitors?
One of the company’s main competitors (and peers) include Ardmore Shipping Corp. (ASC) that is trading -39.03% down over the past 12 months.Frontline PLC (FRO) lies in the list of competitors of the DHT Holdings Inc and is -32.26% lower over the same period from DHTTeekay Corp. Ltd. (TK) is -10.40% down on the 1-year trading charts.
