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Danaos Corporation is a marine shipping business based in the US. Danaos Corporation shares (DAC) are listed on the NYSE and all prices are listed in US Dollars. Danaos Corporation employs 4 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$81.30|
|52-week range||$5.70 - $89.41|
|50-day moving average||$78.36|
|200-day moving average||$64.58|
|Wall St. target price||$90.00|
|Dividend yield||$1 (1.2%)|
|Earnings per share (TTM)||$34.83|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-09-10)||-4.33%|
|1 month (2021-08-18)||5.91%|
|3 months (2021-06-18)||12.71%|
|6 months (2021-03-18)||65.31%|
|1 year (2020-09-18)||1,053.19%|
|2 years (2019-09-18)||901.08%|
|3 years (2018-09-18)||5,145.16%|
|5 years (2016-09-16)||2,592.05%|
Valuing Danaos Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Danaos Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Danaos Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, Danaos Corporation shares trade at around 2x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Danaos Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.52. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Danaos Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Danaos Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $339.3 million.
The EBITDA is a measure of a Danaos Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$517.1 million|
|Operating margin TTM||45.57%|
|Gross profit TTM||$325.4 million|
|Return on assets TTM||4.99%|
|Return on equity TTM||56.75%|
|Market capitalisation||$1.7 billion|
TTM: trailing 12 months
There are currently 1.1 million Danaos Corporation shares held short by investors – that's known as Danaos Corporation's "short interest". This figure is 273.9% up from 300,413 last month.
There are a few different ways that this level of interest in shorting Danaos Corporation shares can be evaluated.
Danaos Corporation's "short interest ratio" (SIR) is the quantity of Danaos Corporation shares currently shorted divided by the average quantity of Danaos Corporation shares traded daily (recently around 371981.12582781). Danaos Corporation's SIR currently stands at 3.02. In other words for every 100,000 Danaos Corporation shares traded daily on the market, roughly 3020 shares are currently held short.
However Danaos Corporation's short interest can also be evaluated against the total number of Danaos Corporation shares, or, against the total number of tradable Danaos Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Danaos Corporation's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Danaos Corporation shares in existence, roughly 50 shares are currently held short) or 0.1304% of the tradable shares (for every 100,000 tradable Danaos Corporation shares, roughly 130 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Danaos Corporation.
Find out more about how you can short Danaos Corporation stock.
Dividend payout ratio: 9.64% of net profits
Recently Danaos Corporation has paid out, on average, around 9.64% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.38% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Danaos Corporation shareholders could enjoy a 2.38% return on their shares, in the form of dividend payments. In Danaos Corporation's case, that would currently equate to about $1 per share.
While Danaos Corporation's payout ratio might seem low, this can signify that Danaos Corporation is investing more in its future growth.
Danaos Corporation's most recent dividend payout was on 29 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 12 August 2021 (the "ex-dividend date").
Danaos Corporation's shares were split on a 1:14 basis on 1 May 2019. So if you had owned 14 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Danaos Corporation shares – just the quantity. However, indirectly, the new 1300% higher share price could have impacted the market appetite for Danaos Corporation shares which in turn could have impacted Danaos Corporation's share price.
Over the last 12 months, Danaos Corporation's shares have ranged in value from as little as $5.7034 up to $89.41. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Danaos Corporation's is 1.7233. This would suggest that Danaos Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies. As of February 28, 2021, it had a fleet of 65 containerships aggregating 403,793 twenty foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1972 and is based in Piraeus, Greece. .
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