The price of DHT Holdings Inc (NYSE:DHT) shares last traded on Wall Street rose 4.03% to $11.35.
DHT stock price is now -0.10% away from the 50-day moving average and 2.30% away from the 200-day moving average. The market capitalization of the company currently stands at $1.83B.
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With the price target enhanced from $11 to $14, Jefferies Upgraded its rating from Hold to Buy for DHT Holdings Inc (NYSE: DHT). On October 19, 2023, Stifel Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $11, while ‘Jefferies’ rates the stock as ‘Hold’
A total of 13.83% of the company’s stock is owned by insiders.
During the past 12 months, DHT Holdings Inc has had a low of $8.60 and a high of $12.80. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 2.87, and a quick ratio of 2.33. According to the stock market information, the enterprise value for the company is $2108281600, which is based on a 11.65 price-to-earnings ratio, a 2.33 price-to-earnings-growth ratio, and a beta of -0.37. The fifty day moving average price for DHT is $11.3612 and a two-hundred day moving average price translates $11.09465 for the stock.
The latest earnings results from DHT Holdings Inc (NYSE: DHT) was released for 2024-06-30. The net profit margin was 27.68% and return on equity was 15.02% for DHT. The company reported revenue of $151.24 million for the quarter, compared to $153.05 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.18 percent. For the current quarter, analysts expect DHT to generate $92.98M in revenue.
