DHT Holdings Inc (NYSE: DHT) is -0.73% lower on its value in year-to-date trading and has touched a low of $8.67 and a high of $12.32 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 $11.14 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $10.87, the stock is -4.45% and -4.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing -2.42% at the moment leaves the stock 1.56% off its SMA200. DHT registered 17.01% gain for a year compared to 6-month gain of 16.26%. The firm has a 50-day simple moving average (SMA 50) of $11.3378 and a 200-day simple moving average (SMA200) of $10.7033.
The stock witnessed a -4.48% loss in the last 1 month and extending the period to 3 months gives it a 6.57%, and is 0.74% 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 2.36% over the week and 2.58% over the month.
DHT Holdings Inc (DHT) has around 924 employees, a market worth around $1.75B and $540.12M in sales. Current P/E ratio is 9.81 and Fwd P/E is 6.94. Profit margin for the company is 33.07%. Distance from 52-week low is 25.37% and -11.77% from its 52-week high. The company has generated returns on investments over the last 12 months (13.31%).
The EPS is expected to shrink by -1.33% this year
294.0 institutions hold shares in DHT Holdings Inc (DHT), with institutional investors hold 80.93% of the company’s shares. The shares outstanding are 160.61M, and float is at 129.16M with Short Float at 3.30%. Institutions hold 65.04% of the Float.
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 13.6315 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 7.9953 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 7.12 million shares representing 4.4152 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.
