The stock of DHT Holdings Inc (NYSE:DHT) is a huge mover today! About 3.22 million shares traded hands or 36.44% up from the average. DHT Holdings Inc (NYSE:DHT) has declined 36.13% since April 27, 2016 and is downtrending. It has underperformed by 41.36% the S&P500.
The move comes after 7 months negative chart setup for the $326.37 million company. It was reported on Nov, 30 by Barchart.com. We have $3.28 PT which if reached, will make NYSE:DHT worth $26.11M less.
Analysts await DHT Holdings Inc (NYSE:DHT) to report earnings on February, 1. They expect $0.13 earnings per share, down 58.06% or $0.18 from last year’s $0.31 per share. DHT’s profit will be $11.92 million for 6.85 P/E if the $0.13 EPS becomes a reality. After $0.01 actual earnings per share reported by DHT Holdings Inc for the previous quarter, Wall Street now forecasts 1,200.00% EPS growth.
DHT Holdings Inc (NYSE:DHT) Ratings Coverage
Out of 7 analysts covering DHT Holdings (NYSE:DHT), 3 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 43% are positive. DHT Holdings has been the topic of 11 analyst reports since September 1, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by UBS on Tuesday, July 26. JP Morgan maintained DHT Holdings Inc (NYSE:DHT) on Thursday, April 7 with “Neutral” rating. The firm earned “Market Perform” rating on Monday, September 26 by Wells Fargo. The stock of DHT Holdings Inc (NYSE:DHT) earned “Hold” rating by TheStreet on Tuesday, September 1. The stock has “Buy” rating given by Jefferies on Wednesday, July 27. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Thursday, August 25 report. JP Morgan downgraded DHT Holdings Inc (NYSE:DHT) on Tuesday, January 12 to “Overweight” rating. Seaport Global reinitiated it with “Buy” rating and $8.50 target price in Wednesday, May 4 report. Morgan Stanley initiated DHT Holdings Inc (NYSE:DHT) on Monday, September 14 with “Overweight” rating.
According to Zacks Investment Research, “DHT MARITIME INC., formerly Double Hull Tankers, Inc. operates a fleet of double-hull crude oil tankers on international routes. DHT’s modern fleet consists of three Very Large Crude Carriers, two Suezmax tankers and four Aframax tankers. DHT intends to pursue a strategy of providing shareholders with a stable and visible distribution and also position the Company to use its incremental cash flow to fund future growth opportunities.”
Another recent and important DHT Holdings Inc (NYSE:DHT) news was published by Globenewswire.com which published an article titled: “DHT Holdings, Inc. third quarter 2016 results” on November 01, 2016.
DHT Company Profile
DHT Holdings, Inc. (DHT), incorporated on February 12, 2010, is a holding company. The Company, through its subsidiaries, owns and operates a fleet of crude oil tankers. The Company’s fleet consists of approximately 20 crude oil tankers in operation, all of which are owned by the company. The Company’s fleet in operation consists of over 20 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (DWTs), approximately one Suezmax tanker (Suezmax), which is a tanker ranging in size from 130,000 to 170,000 DWT and over two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 DWT. The Company’s fleet principally operates on international routes and its fleet in operation has a combined carrying capacity of approximately 5,656,937 DWT. The Company’s subsidiaries include DHT Maritime, Inc., DHT Chartering, Inc., Sophie Tanker Corporation, Samco Shipholding Pte. Ltd., DHT Jaguar Limited and Chris Tanker Corporation.
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