Danaos Corporation

Company Profile

Danaos Corporation had its IPO on 2006-10-06 under the ticker symbol DAC.

The company operates in the Industrials sector and Marine Shipping industry. Danaos Corporation has a staff strength of 4 employees.

Stock update

Shares of Danaos Corporation opened at $65.42 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $63.92 - $65.8, and closed at $64.25.

This is a -1.34% slip from the previous day's closing price.

A total volume of 107,185 shares were traded at the close of the day’s session.

In the last one week, shares of Danaos Corporation have slipped by -4.66%.

Danaos Corporation's Key Ratios

Danaos Corporation has a market cap of $1.23 billion, indicating a price to book ratio of 0.448 and a price to sales ratio of 1.1787.

In the last 12-months Danaos Corporation’s revenue was $1.01 billion with a gross profit of $787.06 million and an EBITDA of $707.03 million. The EBITDA ratio measures Danaos Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Danaos Corporation’s operating margin was 61.69% while its return on assets stood at 10.51% with a return of equity of 14.68%.

In Q1, Danaos Corporation’s quarterly earnings growth was a negative -55.1% while revenue growth was a positive 5.9%.

Danaos Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

3.1446

PEG

0.52

Its diluted EPS in the last 12-months stands at $19.3 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0.52. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Danaos Corporation’s profitability.

Danaos Corporation stock is trading at a EV to sales ratio of 1.521 and a EV to EBITDA ratio of 1.9918. Its price to sales ratio in the trailing 12-months stood at 1.1787.

Danaos Corporation stock pays annual dividends of $3 per share, indicating a yield of 5.03% and a payout ratio of 9.86%.

Balance sheet and cash flow metrics

Total Assets

$3.48 billion

Total Liabilities

$252.88 million

Operating Cash Flow

$0

Capital Expenditure

$5.74 million

Dividend Payout Ratio

9.86%

Danaos Corporation ended 2024 with $3.48 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.48 billion while shareholder equity stood at $2.69 billion.

Danaos Corporation ended 2024 with $0 in deferred long-term liabilities, $252.88 million in other current liabilities, 203000.00 in common stock, $2.02 billion in retained earnings and $0 in goodwill. Its cash balance stood at $359.58 million and cash and short-term investments were $359.58 million. The company’s total short-term debt was $93,094,000 while long-term debt stood at $396.00 million.

Danaos Corporation’s total current assets stands at $469.79 million while long-term investments were $1.68 million and short-term investments were $0. Its net receivables were $54.56 million compared to accounts payable of $23.47 million and inventory worth $15.69 million.

In 2024, Danaos Corporation's operating cash flow was $0 while its capital expenditure stood at $5.74 million.

Comparatively, Danaos Corporation paid $0.10 in dividends in 2024.

Other key metrics

Current Trading Price

$64.25

52-Week High

$75.4248

52-Week Low

$49.8218

Analyst Target Price

$90.67

Danaos Corporation stock is currently trading at $64.25 per share. It touched a 52-week high of $75.4248 and a 52-week low of $75.4248. Analysts tracking the stock have a 12-month average target price of $90.67.

Its 50-day moving average was $67.23 and 200-day moving average was $59.02 The short ratio stood at 5.25 indicating a short percent outstanding of 0%.

Around 4577.7% of the company’s stock are held by insiders while 2318.6% are held by institutions.