DHT stock: buy or sell?
February 26th, 2020
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore.
Should I buy DHT stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with DHT stock situation right now, hence this is not a suitable entry point.
|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 published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for DHT stock for the last 30 days.
DHT stock analysis
After sliding for 4 days, Wednesday DHT rocketed an impressive 3.80%, closing at $5.19.
After sliding for 4 sessions, Wednesday DHT rocketed an impressive 3.80%, closing at $5.19. Since price and SMA200d lines crossed down on Jan/28, DHT fell $-0.93 per share (-15.20%).
Shares of DHT plummed a chilling -5.81% this week. By mid February DHT skyrocketed a super good 9.48% in just one week.
Since late January, when DHT stock price broke down the 40-weeks moving avarage line, it slid $-1.16 per share (-18.27%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Since SMA20w and SMA40w crossed up by mid May 2019, DHT price slid a -3.17%.
DHT stock price history
DHT stock went public on October 13th, 2005 with a price of $88.211. Since then, DHT stock declined a -94.10%, with a yearly average of -6.70%.
1: Adjusted price after possible price splits or reverse-splits.
DHT stock historical price chart
DHT stock reached 52-week highs on January at $8.35, and all-time highs 2007-07-19 with a price of 140.19.
DHT stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price target for DHT stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, DHT presented its financial report, close to analysts' consensus and published a $0.13 Earnings per Share. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a good growth of 5.88% to $375.94 M USD. In contrary, its income margin (compared to revenues) plummed 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 posted $138.62 M in sales for 2018-Q4, a 53.72% up compared to previous quarter. Reported quarter income marked $11.98 million with a profit margin of 8.64%. Profit margin skyrocketed a 32.46% compared to previous quarter when profit margin was -23.81%. When comparing revenues to same quarter last year, DHT sales marked a dazzling increase and climbed 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 shares of a stock, it's always worth to check its ownership structure.
DHT shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 25.82% of all shares.
In case of DHT stock, 68.31% 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.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$762.0 M|
|Total shares||146.8 M|
|Float shares||100.0 M|
|- Institutional holdings (%)||68.3%|
|- Insider holdings (%)||25.8%|
|Shares in short selling||0.0%|
|Wednesday, February 26th, 2020|
|Day range||$5.01 - $5.37|
|Average true range||$0.33|
|50d mov avg||$6.51|
|100d mov avg||$6.73|
|200d mov avg||$6.06|
DHT performanceTo measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare DHT to :