Home Sectors Industrials Stock Watch: Danaos (NYSE: DAC)

Stock Watch: Danaos (NYSE: DAC)

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Danaos is in the transportation and logistics industry and industrials sector. The company CEO is John Coustas. Danaos owns and operates containerships, chartering its vessels to container shipping companies across the world. It deploys its containership fleet mainly under multi-year charters with liner companies.

Previous Intraday Trading Performance:

The DAC stock showed a previous change of -1.89% with an open at 1.30 and a close of 1.30. It reached an intraday high of 1.35 and a low of 1.25.

SeekingAlpha:  Container Shipping - Split Market, Bullish Potential

Liquidity:

The stock has a market cap of $142.7m with 109.8m shares outstanding, of which the float is 109.8m shares. Trading volume reached 47,310 shares compared to its average volume of 36,507 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Danaos shares returned -3.70% and in the past 30 trading days it returned 18.18%. Over three months, it changed 0.00%. In one year it has changed -7.14% and within that year its 52-week high was 3.20 and its 52-week low was 1.05. DAC stock is 23.81% above its 52 Week Low.

Our calculations show a 200 day moving average of 1.38 and a 50 day moving average of 1.22. Currently DAC stock is trading -6.08% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

PR Newswire:  Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2017

Earnings:

The last annual fiscal EPS for the company was reported at 1.03 that ended on 2017-12-31, which according to the previous close, that is a PE of 1.73. Based on 1 analyst estimates, the consensus EPS for the next quarter is 0.18. The TTM EPS is 1.03, which comes to a TTM PE of 1.26.

The following are the last four quarter reported earnings per share:
12-31-2017:  0.28
09-30-2017:  0.27
06-30-2017:  0.26
03-31-2017:  0.22

Base on our calculations, the intrinsic value per share is 8.64, which means it is possibly undervalued and has a margin of safety of 84.96%

Indicators to Watch:

Based on the latest filings, there is 2.40% of institutional ownership. Short-interest is 61,751, which is 0.06% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.84. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.71

SeekingAlpha:  Midday Gainers / Losers (4/4/2018)

Fundamental Indicators:

Based on last reported financials, the company's return on equity is 16.19%, return on assets is 2.74%, profit margin is 19.16%, price-to-sales is 0.43 and price-to-book is 0.27.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 2  :Past Performance Score
 2  :Financial Strength Score
 0  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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