Danaos Stock Analysis

DAC Stock  USD 59.38  1.73  2.83%   
The latest indifference towards the small price fluctuations of Danaos could raise concerns from shareholders as the firm is trading at a share price of 59.38 on 153,013 in volume. The company directors and management did not add any value to Danaos investors in May. However, most investors can still diversify their portfolios with Danaos to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.92. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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.
The main objective of Danaos stock analysis is to determine its intrinsic value, which is an estimate of what Danaos is worth, separate from its market price. There are two main types of Danaos' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Danaos' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Danaos' stock to identify patterns and trends that may indicate its future price movements.
The Danaos stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Danaos is usually not traded on Christmas Day, Thanksgiving Day, Christmas Day ( substitute day ), New Year 's Monday, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Veterans Day ( substitute day ). Danaos Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Danaos' ongoing operational relationships across important fundamental and technical indicators.

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.

Danaos Quarterly Cost of Revenue

48.52 Million

Danaos Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Danaos' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Danaos or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Danaos is unlikely to experience financial distress in the next 2 years
About 46.0% of the company shares are held by company insiders
Latest headline from finance.yahoo.com: Are Investors Undervaluing Danaos Right Now

Danaos Upcoming and Recent Events

Earnings reports are used by Danaos to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Danaos previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
7th of August 2023
Upcoming Quarterly Report
6th of November 2023
Next Financial Report
30th of June 2023
Next Fiscal Quarter End
13th of February 2024
Next Fiscal Year End
31st of March 2023
Last Quarter Report
31st of December 2022
Last Financial Announcement

Danaos SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Danaos prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Danaos investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Danaos specific information freely available to individual and institutional investors.to make a timely investment decision.
16th of May 2023
Other Events
23rd of March 2023
Unclassified Corporate Event
11th of January 2023
Unclassified Corporate Event
8th of November 2022
Other Events

Danaos Thematic Classifications

In addition to having Danaos stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Transportation Idea
USA Equities from Transportation industry as classified by Fama & French

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

Danaos' profitability indicators refer to fundamental financial ratios that showcase Danaos' ability to generate income relative to its revenue or operating costs. If, let's say, Danaos is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Danaos' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Danaos' profitability requires more research than a typical breakdown of Danaos' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
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.
Last ReportedProjected for 2023
Return on Average Assets 0.15  0.16 
Return on Average Equity 0.23  0.25 
Return on Invested Capital 0.16  0.17 
Return on Sales 0.64  0.54 

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
Last ReportedProjected for 2023
Book Value per Share 125.01  110.65 
Enterprise Value over EBIT 2.30  2.48 
Enterprise Value over EBITDA 1.84  1.89 
Price to Book Value 0.42  0.46 
Tangible Assets Book Value per Share 166.01  228.09 
Enterprise Value1.4 B1.9 B
Tangible Asset Value3.4 B3.2 B
The analysis of Danaos' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Danaos' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Danaos Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Long Term Debt Total
447 M
Non Current Liabilities Total
611.4 M
Forward Dividend Yield
Short Long Term Debt Total
502 M
Forward Dividend Rate

Technical Drivers

As of the 1st of June, Danaos shows the mean deviation of 1.5, and Coefficient Of Variation of (28,831). Danaos technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Danaos, which can be compared to its rivals. Please confirm Danaos maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Danaos is priced favorably, providing market reflects its regular price of 59.38 per share. Given that Danaos has jensen alpha of 0.04, we urge you to verify Danaos's prevailing market performance to make sure the company can sustain itself at a future point.

Danaos Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two.

Danaos Predictive Daily Indicators

Danaos intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Danaos stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

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.

About Danaos Stock Analysis

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.
Last ReportedProjected for 2023
EBITDA Margin 0.78  0.74 
Gross Margin 0.81  0.74 
Profit Margin 0.56  0.61 

Current Danaos Analysis - Recommendations

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.
Target PriceAdvice# of Analysts
72.5Strong Buy2Odds
Danaos current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Danaos analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Danaos stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Danaos, talking to its executives and customers, or listening to Danaos conference calls.
Danaos Analyst Advice Details

Danaos Stock Analysis Indicators

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.
Begin Period Cash Flow129.8 M
Common Stock Shares Outstanding20.5 M
Total Stockholder Equity2.6 B
Total Cashflows From Investing Activities176.6 M
Tax Provision18.2 M
Quarterly Earnings Growth Y O Y-0.551
Property Plant And Equipment Net2.9 B
Cash And Short Term Investments267.7 M
Cash267.7 M
Accounts Payable24.5 M
Net Debt234.3 M
50 Day M A57.171
Total Current Liabilities228.4 M
Other Operating Expenses377.1 M
Non Current Assets TotalB
Non Currrent Assets Other115.5 M
Stock Based CompensationM
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.

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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.
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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.
Quarterly Earnings Growth
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
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.