Danaos Stock Analysis

Danaos Stock Analysis Notes

About 46.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.45. Some equities with similar Price to Book (P/B) outperform the market in the long run. Danaos has Price/Earnings To Growth (PEG) ratio of 0.52. The entity recorded earning per share (EPS) of 18.46. The firm last dividend was issued on the 25th of May 2023. Danaos had 1:14 split on the 2nd of May 2019. Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. Danaos Corporation was founded in 1963 and is based in Piraeus, Greece. Danaos Corp operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 4 people. To learn more about Danaos call John Coustas at 30 210 41 96 480 or check out https://www.danaos.com.

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Danaos SEC Filings

Danaos Thematic Classifications

Danaos Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Danaos's market, we take the total number of its shares issued and multiply it by Danaos's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Danaos Profitablity

The company has Net Profit Margin of 0.37 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.62 %, which entails that for every 100 dollars of revenue, it generated $0.62 of operating income.

Management Efficiency

Danaos has Return on Asset of 0.1051 % which means that on every $100 spent on assets, it made $0.1051 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1468 %, implying that it generated $0.1468 on every 100 dollars invested. Danaos' management efficiency ratios could be used to measure how well Danaos manages its routine affairs as well as how well it operates its assets and liabilities. Danaos Return on Average Equity is projected to increase slightly based on the last few years of reporting. The past year's Return on Average Equity was at 0.23. The current year's Return on Invested Capital is expected to grow to 0.17, whereas Return on Sales is forecasted to decline to 0.54. Danaos Tangible Assets Book Value per Share are projected to decrease significantly based on the last few years of reporting. The past year's Tangible Assets Book Value per Share were at 166.01

Technical Drivers

Danaos Price Movement Analysis

Danaos Predictive Daily Indicators

Danaos Forecast Models

Danaos' time-series forecasting models are one of many Danaos' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Danaos' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Danaos prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Danaos shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Danaos. By using and applying Danaos Stock analysis, traders can create a robust methodology for identifying Danaos entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Danaos analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Danaos analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Danaos stock analysis indicators help investors evaluate how Danaos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Danaos shares will generate the highest return on investment. By understating and applying Danaos stock analysis, traders can identify Danaos position entry and exit signals to maximize returns.

Check out Investing Opportunities to better understand how to build diversified portfolios. For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide. Note that the Danaos information on this page should be used as a complementary analysis to other Danaos' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

When running Danaos' price analysis, check to measure Danaos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danaos is operating at the current time. Most of Danaos' value examination focuses on studying past and present price action to predict the probability of Danaos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaos' price. Additionally, you may evaluate how the addition of Danaos to your portfolios can decrease your overall portfolio volatility.

Is Danaos' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danaos. If investors know Danaos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danaos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Danaos is measured differently than its book value, which is the value of Danaos that is recorded on the company's balance sheet. Investors also form their own opinion of Danaos' value that differs from its market value or its book value, called intrinsic value, which is Danaos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Danaos' market value can be influenced by many factors that don't directly affect Danaos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Danaos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party. Check out Investing Opportunities to better understand how to build diversified portfolios. For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.