Witnessing the stock’s movement on the chart, on May 03, 2021, Danaos Corporation (NYSE: DAC) set off with pace as it heaved 13.50% to $61.62. During the day, the stock rose to $62.76 and sunk to $54.90 before settling in for the price of $54.29 at the close. Taking a more long-term approach, DAC posted a 52-week range of $3.33-$57.64.
It was noted that the giant of the Industrials sector posted annual sales growth of -4.10% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -15.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -20.30%. This publicly-traded company’s shares outstanding now amounts to $20.64 million, simultaneously with a float of $11.39 million. The organization now has a market capitalization sitting at $1.25 billion. At the time of writing, stock’s 50-day Moving Average stood at $49.03, while the 200-day Moving Average is $22.72.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 1296 workers. It has generated 356,168 per worker during the last fiscal year. Meanwhile, its income per employee was 118,480. The stock had 26.28 Receivables turnover and 0.17 Total Asset turnover. For the Profitability, stocks gross margin was +48.49, operating margin was +43.22 and Pretax Margin of +31.90.
Danaos Corporation (DAC) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Marine Shipping industry. Danaos Corporation’s current insider ownership accounts for 58.70%, in contrast to 31.60% institutional ownership.
Danaos Corporation (DAC) Earnings and Revenue Records
As on 12/30/2020, Multinational firm has announced its last quarter scores, in which it reported $2.29 earnings per share (EPS) for the period topping the consensus outlook (set at $2.27) by $0.02. This company achieved a net margin of +33.27 while generating a return on equity of 16.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.36 per share during the current fiscal year.
Danaos Corporation’s EPS decrease for this current 12-month fiscal period is -20.30% and is forecasted to reach 14.60 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.00% through the next 5 years, which can be compared against the -15.40% growth it accomplished over the previous five years trading on the market.
Danaos Corporation (NYSE: DAC) Trading Performance Indicators
Let’s observe the current performance indicators for Danaos Corporation (DAC). It’s Quick Ratio in the last reported quarter now stands at 0.50. The Stock has managed to achieve an average true range (ATR) of 3.64. Alongside those numbers, its PE Ratio stands at $9.45, and its Beta score is 1.86. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.71.
In the same vein, DAC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.52, a figure that is expected to reach 2.90 in the next quarter, and analysts are predicting that it will be 14.60 at the market close of one year from today.
Technical Analysis of Danaos Corporation (DAC)
Going through the that latest performance of [Danaos Corporation, DAC]. Its last 5-days volume of 0.4 million was inferior to the volume of 0.61 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 84.31% While, its Average True Range was 3.64.
Raw Stochastic average of Danaos Corporation (DAC) in the period of the previous 100 days is set at 97.66%, which indicates a major rise in contrast to 92.92% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 72.54% that was lower than 79.59% volatility it exhibited in the past 100-days period.