DHT Holdings Inc [NYSE: DHT] jumped around 0.09 points on Thursday, while shares priced at $10.43 at the close of the session, up 0.87%.
Compared to the average trading volume of 1.97M shares, DHT reached a trading volume of 2849161 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about DHT Holdings Inc [DHT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DHT shares is $14.72 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DHT stock is a recommendation set at 1.18. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for DHT Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 21, 2024. The new note on the price target was released on October 19, 2023, representing the official price target for DHT Holdings Inc stock. Previously, the target price had yet another drop from $12 to $10, while Jefferies kept a Hold rating on DHT stock.
The Average True Range (ATR) for DHT Holdings Inc is set at 0.29, with the Price to Sales ratio for DHT stock in the period of the last 12 months amounting to 2.96. The Price to Book ratio for the last quarter was 1.62, with the Price to Cash per share for the same quarter was set at 0.45. Price to Free Cash Flow for DHT in the course of the last twelve months was 16.95 with Quick ratio for the last quarter at 2.33.
How has DHT stock performed recently?
DHT Holdings Inc [DHT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.14. With this latest performance, DHT shares dropped by -6.04% in over the last four-week period, additionally sinking by -6.12% over the last 6 months – not to mention a rise of 17.72% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DHT stock in for the last two-week period is set at 38.70, with the RSI for the last a single of trading hit 36.71, and the three-weeks RSI is set at 40.41 for DHT Holdings Inc [DHT]. The present Moving Average for the last 50 days of trading for this stock 11.14, while it was recorded at 10.53 for the last single week of trading, and 11.10 for the last 200 days.
DHT Holdings Inc [DHT]: Deeper insight into the fundamentals
DHT Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.33 and a Current Ratio set at 2.87.
Earnings analysis for DHT Holdings Inc [DHT]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DHT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for DHT Holdings Inc go to 5.00%.
Insider trade positions for DHT Holdings Inc [DHT]
The top three institutional holders of DHT stocks are: FMR LLC with ownership of 22.0 million shares, which is approximately 13.6364%. DIMENSIONAL FUND ADVISORS LP, holding 12.9 million shares of the stock with an approximate value of $$149.28 million in DHT stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $$82.43 million in DHT stock with ownership which is approximately 4.4168%.
