Double Hull Tankers (NYSE: DHT) is one of 44 public companies in the “Deep sea foreign transportation of freight” industry, but how does it contrast to its competitors? We will compare Double Hull Tankers to similar companies based on the strength of its valuation, analyst recommendations, institutional ownership, earnings, risk, dividends and 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||-19.96%||-4.22%||-1.10%|
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||28.69|
|Double Hull Tankers Competitors||$321.06 million||-$37.09 million||-6.81|
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.
Institutional & 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, large money managers and hedge funds believe a company is poised for long-term growth.
Double Hull Tankers pays an annual dividend of $0.08 per share and has a dividend yield of 2.1%. 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 7.1% and pay out 409.4% of their earnings in the form of a dividend.
This is a breakdown of current ratings and target prices 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||332||880||1002||10||2.31|
Double Hull Tankers presently has a consensus price target of $5.60, suggesting a potential upside of 50.13%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 34.38%. Given Double Hull Tankers’ stronger consensus rating and higher probable upside, analysts plainly believe Double Hull Tankers is more favorable than its competitors.
Risk and Volatility
Double Hull Tankers has a beta of 0.66, suggesting that its share 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 share price is 26% more volatile than the S&P 500.
Double Hull Tankers beats its competitors on 10 of the 15 factors compared.
About Double Hull Tankers
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.
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