Zacks Investment Research issued a rating of “strong sell” to DHT (NYSE: DHT) stocks during the Wednesday report. DHT operates in the crude oil sector. It was formerly known as Double Hull Tankers Inc.
What Do Stock Market Analysts Say About NYSE: DHT Ratings?
Kepler Capital Markets reissued a rating of “Buy” on DHT (NYSE: DHT) stocks. It also announced a price target of $7.70 on DHT shares during a Monday report. Two stock market analysts issued a rating of “sell”. Meanwhile, the other two stock market analysts issued a rating of “hold” and three issued a rating of “buy” on NYSE: DHT stocks. Currently, the company has an average recommendation of “hold”. Its consensus target price is $6.92.
On Wednesday, NYSE: DHT stock started trading at $0.08. The company also reported a one-year low and high of $4.77 and $8.83 respectively. DHT (NYSE: DHT) Stock’s market cap stands at $740.05 million. The company’s beta and price to earnings ratio are -0.18 and 3.04. The firm’s fifty days moving average and 20” days moving average are $5.31 and $5.85 respectively. It has a quick ratio, current ratio, and debt to equity ratio of 2.22, 2.40, and 0.62 respectively.
On 10th August, during a Monday report, NYSE: DHT last revealed its earnings for the quarter. As per reports, DHT brought in $0.81 EPS. Stock market analysts had predicted that the company would bring in $0.84 EPS. The company’s return on equity and net margin was 28.92 percent and 36.38 percent. The company’s quarterly revenue stands at $202.70 million. The stock market analysts had estimated that the company would bring in $199.23 million. For the same time last year, NYSE: DHT had announced an EPS of $0.07.
The stock market analysts estimate that the company will bring in $2.04 earnings for the quarter this FY.
Which Stock Market Investors Increased Or Decreased Its DHT Shares?
Man Group plc boosted its DHT Holdings by 398.3 percent. They currently own an estimate of $18,623,000, which comes from 3,630,163 company shares. Coatue Management LLC recently acquired NYSE: DHT Holdings worth $9,045,000.
TWC GROUP inc increased its DHT Holdings by 3,995.9 percent. They currently own an estimate of $8,663,000, which comes from 1,688,787 company shares. LSV Asset Management increased its DHT Holdings by 280.6 percent. They currently own an estimate of $3,654,000. Lastly, Globeflex Capital LP increased its DHT Holdings by 532.1 percent.
It should be noted that 56.98 percent of DHT (NYSE: DHT) Stock is under institutional investors.