With 1.5 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.96 million shares. The 52-week range on DHT shows that it touched its highest point at $12.80 and its lowest point at $8.67 during that stretch. It currently has a 1-year price target of $14.00. With its current market cap of 1.67 billion, DHT has annualized dividend of $0.95 while the current yield stands at 9.18%. Beta for the stock currently stands at -0.13.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DHT was down-trending over the past week, with a drop of -2.91%, but this was down by -9.61% over a month. Three-month performance surged to 9.87% while six-month performance fell -4.43%. The stock lost -5.99% in the past year, while it has gained 11.41% so far this year. A look at the trailing 12-month EPS for DHT yields 1.12 with Next year EPS estimates of 1.80. For the next quarter, that number is 0.20. This implies an EPS growth rate of 19.17% for this year and 34.70% for next year. EPS is expected to grow by 30.29% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 16.96%.
Float and Shares Shorts:
At present, 159.98 million DHT shares are outstanding with a float of 127.21 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DHT since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.00629 being high and $0.9379 being low. For DHT, this leads to a yearly average estimate of $0.97698. Based on analyst estimates, the high estimate for the next quarter is $0.42 and the low estimate is $0.1. The average estimate for the next quarter is thus $0.26.
