DHT stock: buy or sell?
September 20th, 2019
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore.
Should I buy DHT stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, DHT stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is DHT stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 3 ratings published for DHT stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-1-10||Wells Fargo & Co||Outperform||Market Perform|
DHT stock analysis
DHT shares escalated 3.09% to $6.01 today.
Shares of DHT ended today at $6.01 and escalated a cool 3.09%. From a daily perspective, DHT is in a short term uptrend after plotting its last bottom ($5.70, on Sep/11) higher than the previous bottom, and its last top ($6.36, on Monday) also over the previous top. Now trading in between its last bottom and last top DHT might consolidate in a plain range, waiting to break out over $6.36 or down under $5.70. Since SMA100d and SMA200d crossed up on May, DHT price climbed $0.21 per share (3.62%). Since September/4 when DHT stock price broke up the SMA100d line, it gained $0.46 (8.29%).
After boosting an extraordinary 5.60% in a week last week, DHT closed this week at $6.01 and depreciated a lame -0.99%. Late July DHT plummed a scary -7.29% in just one week. This week broke a green streak of 4 weeks.
DHT stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since SMA20d and SMA40w crossed up by mid May, DHT price climbed $0.31 per share (5.44%). By mid March DHT price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
DHT stock price history
DHT stock went public on October 13th, 2005 with a price of $93.881. Since then, DHT stock sliced a -93.60%, with a yearly average of -7.20%.
1: Adjusted price after possible price splits or reverse-splits.
DHT stock historical price chart
DHT stock reached 52-week highs on Monday at $6.36, and all-time highs 2007-07-19 with a price of 149.21.
DHT stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' DHT stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price forecast for DHT stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report on February, DHT . As soon as we get its posted EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a fine growth of 5.88% to $375.94 million dollars. By contrast, its income margin (compared to sales) plunged to -12.48%, that is $-46.93 million.
|2013||$102 M||-||$-4.13 M-4.0%||-|
|2014||$151 M||47.28%||$13 M8.5%||-412.03%|
|2015||$365 M||142.14%||$105 M28.8%||717.12%|
|2016||$356 M||-2.49%||$9.26 M2.6%||-91.21%|
|2017||$355 M||-0.27%||$6.60 M1.9%||-28.70%|
|2018||$376 M||5.88%||$-46.93 M-12.5%||-810.80%|
Quarterly financial resultsDHT reported $138.62 M in revenues for 2018-Q4, a 53.72% improvement compared to previous quarter. Reported quarter earnings marked $11.98 M with a profit margin of 8.64%. Profit margin rocketed a 32.46% compared to previous quarter when profit margin was -23.81%. When comparing turnover to same quarter last year, DHT sales marked an outstanding gain and boosted a 50.28%. Looking back to recent quarterly results, DHT posted 2 positive quarters in a row.
|2017-Q1||$92 M||-||$14.35 M15.6%||-|
|2017-Q2||$86 M||-6.25%||$4.84 M5.6%||-66.27%|
|2017-Q3||$84 M||-2.28%||$-5.07 M-6.0%||-204.69%|
|2017-Q4||$92 M||9.33%||$-7.51 M-8.1%||48.27%|
|2018-Q1||$80 M||-13.37%||$-9.21 M-11.5%||22.63%|
|2018-Q2||$67 M||-15.87%||$-28.22 M-42.0%||206.33%|
|2018-Q3||$90 M||34.13%||$-21.48 M-23.8%||-23.91%|
|2018-Q4||$139 M||53.72%||$11.98 M8.6%||-155.80%|
DHT ownershipWhen you are planning to invest in a company, it's worth to have a look its ownership structure.
DHT shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 43.59% of all shares.
In case of DHT stock, 48.54% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for DHT stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to DHT:
|Market cap||$855.9 M||$222.4 M||$1.7 B||$1.3 B||$849.5 M|
|Total shares||142.4 M||33.1 M||189.2 M||101.3 M||143.5 M|
|Float shares||89.8 M||33.0 M||74.8 M||87.0 M||94.0 M|
|- Institutional holdings (%)||48.5%||95.4%||0.0%||86.6%||29.2%|
|- Insider holdings (%)||43.6%||0.4%||0.0%||7.6%||35.1%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$5.84 - $6.04|
|Average true range||$0.21|
|50d mov avg||$5.67|
|100d mov avg||$5.68|
|200d mov avg||$4.99|
DHT performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For DHT, the benchmark is made against Ardmore Shipping, Frontline, Golar LNG, Golden Ocean, Nordic American Tankers, Ship Finance International, Teekay LNG Partners, Teekay and Teekay Tankers.
|NATNordic American T...||-6.51%||0.00%||-1.95%|
|SFLShip Finance Inte...||17.39%||22.70%||14.07%|
|TGPTeekay LNG Partne...||19.80%||9.76%||9.99%|