
DHT Holdings (DHT) Stock Forecast & Price Target
DHT Holdings (DHT) Analyst Ratings
Bulls say
DHT Holdings Inc. has adjusted its fourth-quarter earnings per share (EPS) forecast to $0.40, reflecting a slight increase from the previous projection and aligning with consensus estimates, which indicates growing confidence in the company's financial performance. The company benefits from a pure VLCC fleet, strategically poised to leverage tight vessel capacity and increasing cargo flows, particularly given the significant average spot rates exceeding $80,000/day this October and reaching over $120,000/day recently. Additionally, DHT's proactive approach in fixing 68% of its fourth-quarter spot days at attractive rates further underscores a strong operational position that is likely to enhance revenue generation and margins in the upcoming quarter.
Bears say
DHT Holdings Inc. faces significant headwinds from the current high-interest-rate environment, which typically leads to declining ship values and could adversely affect the company's financial position. Additionally, uncertainty regarding oil volumes may create volatility in charter rates, posing further risk to revenue stability from its international fleet operations. Influences from macroeconomic factors such as inflation and pressure on the broader shipping market raise concerns about the long-term viability of DHT Holdings's revenue generation capabilities.
This aggregate rating is based on analysts' research of DHT Holdings and is not a guaranteed prediction by Public.com or investment advice.
DHT Holdings (DHT) Analyst Forecast & Price Prediction
Start investing in DHT Holdings (DHT)
Order type
Buy in
Order amount
Est. shares
0 shares