Danaos Corporation [DAC] stock is trading at $87.75, up 1.45%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DAC shares have gain 2.39% over the last week, with a monthly amount glided 1.05%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Danaos Corporation [NYSE: DAC] stock has seen the most recent analyst activity on July 21, 2022, when Jefferies initiated its Buy rating and assigned the stock a price target of $100. Previously, Citigroup started tracking the stock with Neutral rating on January 30, 2020, and set its price target to $8. On December 03, 2019, upgrade upgraded it’s rating to Buy. Global Hunter Securities started tracking the stock assigning a Neutral rating. In a note dated April 24, 2009, Jefferies & Co downgraded an Hold rating on this stock and revised its target price from $6 to $5.
Danaos Corporation [DAC] stock has fluctuated between $65.40 and $94.63 over the past year. Currently, Wall Street analysts expect the stock to reach $105 within the next 12 months. Danaos Corporation [NYSE: DAC] shares were valued at $87.75 at the most recent close of the market. An investor can expect a potential return of 19.66% based on the average DAC price forecast.
Analyzing the DAC fundamentals
Danaos Corporation [NYSE:DAC] reported sales of 1.01B for the trailing twelve months, which represents a growth of 1.34%. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.53%, Pretax Profit Margin comes in at 0.5%, and Net Profit Margin reading is 0.5%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.15 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
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 86.86 points at the first support level, and at 85.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 88.47, and for the 2nd resistance point, it is at 89.18.
Ratios To Look Out For
For context, Danaos Corporation’s Current Ratio is 4.34. Also, the Quick Ratio is 4.18, while the Cash Ratio stands at 2.68. Considering the valuation of this stock, the price to sales ratio is 1.61, the price to book ratio is 0.47 and price to earnings (TTM) ratio is 3.60.
Transactions by insiders
Recent insider trading involved EVANGELOS CHATZIS, Officer, that happened on Mar 25 ’25 when 7500.0 shares were purchased. Officer, EVANGELOS CHATZIS completed a deal on Mar 24 ’25 to buy 7500.0 shares. Meanwhile, Officer EVANGELOS CHATZIS bought 8000.0 shares on Mar 21 ’25.
