DHT Holdings, Inc. (NYSE:DHT) posted its earnings results on Monday. The shipping company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.04, Briefing.com reports. The business had revenue of $54.80 million for the quarter, compared to analyst estimates of $50.43 million. DHT Holdings had a positive return on equity of 6.07% and a negative net margin of 12.48%. The firm’s revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.81) EPS.
DHT Holdings (NYSE DHT) opened at $3.87 on Tuesday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.82. DHT Holdings has a 1-year low of $3.44 and a 1-year high of $5.20. The company has a market capitalization of $565.12, a price-to-earnings ratio of 8.63, a price-to-earnings-growth ratio of 4.86 and a beta of 0.95.
A number of research firms recently weighed in on DHT. Stifel Nicolaus set a $5.00 target price on DHT Holdings and gave the stock a “hold” rating in a report on Wednesday, August 9th. Jefferies Group LLC reissued a “buy” rating on shares of DHT Holdings in a report on Thursday, October 19th. Zacks Investment Research raised DHT Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Maxim Group set a $7.00 target price on DHT Holdings and gave the stock a “buy” rating in a report on Thursday, August 3rd. Finally, ValuEngine raised DHT Holdings from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. DHT Holdings currently has an average rating of “Hold” and an average target price of $6.00.
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DHT Holdings Company Profile
DHT Holdings, Inc operates a fleet of crude oil tankers. As of March 21, 2017, the Company’s fleet consisted of 21 crude oil tankers in operation. As of March 21, 2017, the Company’s fleet consisted of 19 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt), and two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 dwt.
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