Contrasting Double Hull Tankers (NYSE:DHT) & Its Competitors

Double Hull Tankers (NYSE: DHT) is one of 44 publicly-traded companies in the “Deep sea foreign transportation of freight” industry, but how does it weigh in compared to its competitors? We will compare Double Hull Tankers to similar businesses based on the strength of its profitability, dividends, institutional ownership, analyst recommendations, earnings, risk and valuation.

Risk and Volatility

How to Become a New Pot Stock Millionaire

Double Hull Tankers has a beta of 0.66, suggesting that its stock price is 34% less volatile than the S&P 500. Comparatively, Double Hull Tankers’ competitors have a beta of 1.26, suggesting that their average stock price is 26% more volatile than the S&P 500.

Valuation & Earnings

This table compares Double Hull Tankers and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Double Hull Tankers $355.05 million $6.60 million 26.62
Double Hull Tankers Competitors $311.95 million -$36.87 million -6.11

Double Hull Tankers has higher revenue and earnings than its competitors. Double Hull Tankers is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Dividends

Double Hull Tankers pays an annual dividend of $0.08 per share and has a dividend yield of 2.3%. Double Hull Tankers pays out 61.5% of its earnings in the form of a dividend. As a group, “Deep sea foreign transportation of freight” companies pay a dividend yield of 7.4% and pay out 409.4% of their earnings in the form of a dividend.

Institutional and Insider Ownership

35.8% of Double Hull Tankers shares are owned by institutional investors. Comparatively, 45.0% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 23.8% of shares of all “Deep sea foreign transportation of freight” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Double Hull Tankers and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Double Hull Tankers 1.86% 1.61% 0.84%
Double Hull Tankers Competitors -19.92% 2.23% -0.48%

Analyst Recommendations

This is a summary of recent recommendations and price targets for Double Hull Tankers and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Double Hull Tankers 0 1 6 0 2.86
Double Hull Tankers Competitors 333 878 1001 10 2.31

Double Hull Tankers currently has a consensus price target of $5.60, indicating a potential upside of 61.85%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 43.86%. Given Double Hull Tankers’ stronger consensus rating and higher possible upside, equities research analysts clearly believe Double Hull Tankers is more favorable than its competitors.

Summary

Double Hull Tankers beats its competitors on 9 of the 15 factors compared.

Double Hull Tankers Company Profile

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore. As of March 21, 2017, its fleet consisted of 21 crude oil tankers, including 19 very large crude carriers and 2 Aframax tankers. The company was incorporated in 2010 and is headquartered in Hamilton, Bermuda.

Receive News & Ratings for Double Hull Tankers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Double Hull Tankers and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply