DHT stock: buy or sell?

DHT stock price: $6.01 3.09% At close on September 20th, 2019

Updated on:
September 20th, 2019

1

DHT shares escalated 3.09% to $6.01 today.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.

Is DHT a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-8Evercore ISIn/aBuy
2019-2-12DNB MarketsHoldBuy
2019-1-10Wells Fargo & CoOutperformMarket Perform

DHT stock analysis

Daily outlook

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%).

DHT stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

Nobody 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 Share

After 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.
DHT earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.19n/a
2017-Q2-n/a0.04n/a
2017-Q32017-11-13-0.08-0.04n/a
2017-Q42018-02-06-0.01-0.02n/a
2018-Q12018-05-07-0.11-0.06n/a
2018-Q22018-08-07-0.17-0.17n/a
2018-Q32018-11-01-0.1-0.15n/a
2018-Q42019-02-060.130.130.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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.

DHT annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$102 M-$-4.13 M-4.0%-
2014$151 M47.28%$13 M8.5%-412.03%
2015$365 M142.14%$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$376 M5.88%$-46.93 M-12.5%-810.80%

Quarterly financial results

DHT 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.
DHT quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
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$92 M9.33%$-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$90 M34.13%$-21.48 M-23.8%-23.91%
2018-Q4$139 M53.72%$11.98 M8.6%-155.80%

DHT ownership

When 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:

DHTASCFROGLNGGOGL
Market cap$855.9 M$222.4 M$1.7 B$1.3 B$849.5 M
Total shares142.4 M33.1 M189.2 M101.3 M143.5 M
Float shares89.8 M33.0 M74.8 M87.0 M94.0 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 selling0.0%0.0%0.0%0.0%0.0%

DHT summary

Friday, September 20th, 2019
Open$5.84
Close$6.01
Day range$5.84 - $6.04
Previous close$5.83
Session gain3.09%
Average true range$0.21
50d mov avg$5.67
100d mov avg$5.68
200d mov avg$4.99
Daily patternlt06a
Weekly pattern lt06a

DHT performance

Performance 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.
Stock3m6m12m
DHT 8.88%35.06%35.06%
ASCArdmore Shipping4.02%22.63%-3.31%
FROFrontline7.90%31.34%65.02%
GLNGGolar LNG-21.13%-38.25%-52.60%
GOGLGolden Ocean11.28%18.16%-32.65%
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%
TKTeekay47.19%10.40%-29.21%
TNKTeekay Tankers9.48%32.29%23.30%

DHT competitors

One check before trading any stock is to have a look a list of its competitors, in this case for DHT. We chose 9 companies as DHT competitors as they are in the same industry or have similar market objectives.