At the time of writing, DHT Holdings Inc [DHT] stock is trading at $11.04, up 1.75%. An important factor to consider is whether the stock is rising or falling in short-term value. The DHT shares have gain 7.08% over the last week, with a monthly amount glided 16.83%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
DHT Holdings Inc [NYSE: DHT] stock has seen the most recent analyst activity on December 12, 2024, when Kepler downgraded its rating to a Hold but kept the price target unchanged to $9.70 for it. Previously, BTIG Research started tracking the stock with Buy rating on October 15, 2024, and set its price target to $16. On March 21, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $14 on the stock. Stifel downgraded its rating to a Hold but stick to its price target of $11 on October 19, 2023. Jefferies downgraded its rating to a Hold and reduced its price target to $10 on May 04, 2023. Jefferies started tracking with a Buy rating for this stock on July 21, 2022, and assigned it a price target of $9.
For the past year, the stock price of DHT Holdings Inc fluctuated between $8.67 and $12.80. Currently, Wall Street analysts expect the stock to reach $14.5 within the next 12 months. DHT Holdings Inc [NYSE: DHT] shares were valued at $11.04 at the most recent close of the market. An investor can expect a potential return of 31.34% based on the average DHT price forecast.
Analyzing the DHT fundamentals
According to DHT Holdings Inc [NYSE:DHT], the company’s sales were 579.36M for trailing twelve months, which represents an 8.29% jump. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.33%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.16 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.4.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.90 points at the first support level, and at 10.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.13, and for the 2nd resistance point, it is at 11.22.
Ratios To Look Out For
It is important to note that DHT Holdings Inc [NYSE:DHT] has a current ratio of 2.41. On the other hand, the Quick Ratio is 1.97, and the Cash Ratio is 0.98. Considering the valuation of this stock, the price to sales ratio is 3.08, the price to book ratio is 1.73 and price to earnings (TTM) ratio is 11.01.
Transactions by insiders
Recent insider trading involved Kramer Jeremy, Director, that happened on Aug 19 ’24 when 27027.0 shares were purchased.
