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Thursday, December 3, 2020

NYSE: DHT Receives A Rating Of “Strong Sell” From Stock Market Analysts

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. 

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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? 

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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. 

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