DHT Holdings Inc (NYSE: DHT) is -1.07% 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 $10.75 in the last trading session, with the day’s gains setting it 0.37%.
Currently trading at $11.12, the stock is 0.93% and -2.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 3.44% at the moment leaves the stock 3.91% off its SMA200. DHT registered 19.70% gain for a year compared to 6-month gain of 7.86%. The firm has a 50-day simple moving average (SMA 50) of $11.3516 and a 200-day simple moving average (SMA200) of $10.7015.
The stock witnessed a -4.55% loss in the last 1 month and extending the period to 3 months gives it a 11.53%, and is 1.55% 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 2.14% over the week and 2.07% over the month.
DHT Holdings Inc (DHT) has around 924 employees, a market worth around $1.79B and $540.12M in sales. Current P/E ratio is 10.04 and Fwd P/E is 7.08. Profit margin for the company is 33.07%. Distance from 52-week low is 28.26% and -9.74% 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 -3.11% this year
302.0 institutions hold shares in DHT Holdings Inc (DHT), with institutional investors hold 81.18% of the company’s shares. The shares outstanding are 160.61M, and float is at 129.13M with Short Float at 2.32%. Institutions hold 65.24% 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.
