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Dynamic quotes 
OFFON

DANAOS CORPORATION

(DAC)
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Danaos Corporation : Close to an important technical resistance levels

08/19/2021 | 02:46am EDT
long trade
Live
Entry price : 74.23$ | Target : 110$ | Stop-loss : 57$ | Potential : 48.19%
Shares in Danaos Corporation are approaching an important resistance level. The stock's technical chart suggests that this pivot level will be broken.
Investors have an opportunity to buy the stock and target the $ 110.
Danaos Corporation : Danaos Corporation : Close to an important technical resistance levels
Summary
  • Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths
  • Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
  • Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
  • Given the positive cash flows generated by its business, the company's valuation level is an asset.
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
  • For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
  • For several months, analysts have been revising their EPS estimates roughly upwards.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • Over the past four months, analysts' average price target has been revised upwards significantly.
  • Consensus analysts have strongly revised their opinion of the company over the past 12 months.
  • There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
  • Historically, the company has been releasing figures that are above expectations.

Weaknesses
  • The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
Subsector Deep Sea Freight
1st jan.Capitalization (M$)Investor Rating
DANAOS CORPORATION254.60%1 520
EVERGREEN MARINE CORPORATIO..128.01%18 099
ZIM INTEGRATED SHIPPING SER..0.00%5 656
PAO SOVCOMFLOT-3.92%2 923
STAR BULK CARRIERS CORP.137.15%2 141
WALLENIUS WILHELMSEN ASA66.47%1 952
COSCO SHIPPING SPECIALIZED ..18.24%1 863
WISDOM MARINE LINES CO., LI..168.71%1 826
COSTAMARE INC.76.33%1 802
CGN NUCLEAR TECHNOLOGY DEVE..-18.91%1 355
MPC CONTAINER SHIPS ASA236.23%1 128
More Results

ę MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2021 618 M - -
Net income 2021 832 M - -
Net Debt 2021 1 185 M - -
P/E ratio 2021 1,78x
Yield 2021 2,85%
Capitalization 1 520 M 1 520 M -
EV / Sales 2021 4,38x
EV / Sales 2022 2,79x
Nbr of Employees 4
Free-Float 45,4%
Upcoming event on DANAOS CORPORATION
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 73,77 $
Average target price 90,00 $
Spread / Average Target 22,0%
EPS Revisions
Managers and Directors
John Coustas Chairman, President & Chief Executive Officer
Evangelos Chatzis Chief Financial Officer & Secretary
Dimitris Vastarouchas Technical Director & Deputy COO
Iraklis Prokopakis COO, Treasurer, Director & Senior Vice President
Myles R. Itkin Independent Director