DHT stock: buy or sell?

DHT stock price: $5.19 3.80% At close on February 26th, 2020

Updated on:
February 26th, 2020

1

After sliding for 4 days, Wednesday DHT rocketed an impressive 3.80%, closing at $5.19. On Feb/24 DHT plummed a spooky -7.62%. Last session broke a streak of 4 red days in a row.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean DHT will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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

Daily outlook

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%).

DHT stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

How 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.
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 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.

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 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.
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 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:

DHT
Market cap$762.0 M
Total shares146.8 M
Float shares100.0 M
  - Institutional holdings (%)68.3%
  - Insider holdings (%)25.8%
Shares in short selling0.0%

DHT summary

Wednesday, February 26th, 2020
Open$5.04
Close$5.19
Day range$5.01 - $5.37
Previous close$5.00
Session gain3.80%
Average true range$0.33
50d mov avg$6.51
100d mov avg$6.73
200d mov avg$6.06
Daily pattern
Weekly pattern

DHT performance

To measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare DHT to :
Stock3m6m12m
DHT -25.22%-1.70%27.21%

DHT competitors

Unfortunately, we could not find any public company that could be defined as DHT competitor. This doesn't mean DHT does not have any competitor in the market, it's just we could not detected it.