Danaos Corporation (DAC): Price and Financial Metrics


Danaos Corporation (DAC): $73.78

3.05 (+4.31%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Shipping


Ranked

of 49

in industry

DAC POWR Grades


  • Quality is the dimension where DAC ranks best; there it ranks ahead of 88.3% of US stocks.
  • DAC's strongest trending metric is Value; it's been moving down over the last 31 weeks.
  • DAC ranks lowest in Sentiment; there it ranks in the 15th percentile.

DAC Stock Summary

  • DAC's current price/earnings ratio is 3.46, which is higher than only 2.25% of US stocks with positive earnings.
  • The ratio of debt to operating expenses for Danaos Corp is higher than it is for about 92.82% of US stocks.
  • In terms of volatility of its share price, DAC is more volatile than 97.71% of stocks we're observing.
  • Stocks that are quantitatively similar to DAC, based on their financial statements, market capitalization, and price volatility, are CIO, BGS, SJW, CDR, and SWX.
  • DAC's SEC filings can be seen here. And to visit Danaos Corp's official web site, go to www.danaos.com.

DAC Valuation Summary


  • DAC's price/sales ratio is 3; this is 14.29% lower than that of the median Industrials stock.
  • Over the past 171 months, DAC's price/sales ratio has gone down $4.1.

Below are key valuation metrics over time for DAC.

Stock Date P/S P/B P/E EV/EBIT
DAC 2016-04-25 0.8 0.5 3.7 16.7
DAC 2016-03-18 0.9 0.6 4.1 17.0
DAC 2014-09-15 1.1 0.9 21.2 31.9
DAC 2014-07-23 1.1 1.0 20.0 30.9
DAC 2008-01-31 6.0 2.2 14.5 17.2
DAC 2007-11-29 6.7 2.5 16.4 18.7

DAC Price Target

For more insight on analysts targets of DAC, see our DAC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $71.75 Average Broker Recommendation 1.38 (Strong Buy)

DAC Stock Price Chart Interactive Chart >

Price chart for DAC

DAC Price/Volume Stats

Current price $73.78 52-week high $75.93
Prev. close $70.73 52-week low $3.33
Day low $70.96 Volume 277,779
Day high $74.98 Avg. volume 579,920
50-day MA $60.01 Dividend yield 2.83%
200-day MA $31.95 Market Cap 1.51B

Danaos Corporation (DAC) Company Bio


Danaos Corporation engages in the ownership and operation of containerships, as well as chartering of its vessels to liner companies in Greece and internationally. The company was founded in 1972 and is based in Piraeus, Greece.

DAC Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$73.78$68.61 10%

We started the process of determining a valid price forecast for Danaos Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Danaos Corp ranked in the 56th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Danaos Corp ended up being:

  • The compound growth rate in the free cash flow of Danaos Corp over the past 5.77 years is -0.02%; that's higher than only 19.26% of free cash flow generating stocks in the Industrials sector.
  • Danaos Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 0.9% of tickers in our DCF set.
  • Danaos Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%8%
1%9%
2%10%
3%11%
4%12%
5%13%

Want more companies with a valuation profile/forecast similar to that of Danaos Corp? See MATX, CLH, MLHR, NSP, and TITN.


DAC Latest News Stream


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Latest DAC News From Around the Web

Below are the latest news stories about Danaos Corp that investors may wish to consider to help them evaluate DAC as an investment opportunity.

Top Shipping Stocks for Q3 2021

The shipping industry includes companies that transport cargo around the world, from grains to apparel to electronics to appliances. In the past year, the shipping industry has underperformed the broader market. The benchmark Dow Jones U.S. Marine Transportation Index has provided a 1-year trailing total return of 21.5% compared with 44.4% for the iShares Russell 1000 ETF (IWB).

Yahoo | June 15, 2021

Danaos: Up 2200% And Still Likely To Go Higher

Photo by Abstract Aerial Art/DigitalVision via Getty Images Thesis Danaos (NYSE:DAC) is a container shipping company. In past years they've struggled with low rates, low expected growth in those rates, and high debt. This caused the company to be valued at a P/E of 5 rather than a higher multiple...

Romil Patel on Seeking Alpha | June 14, 2021

What Is Danaos Corporation's (NYSE:DAC) Share Price Doing?

While Danaos Corporation ( NYSE:DAC ) might not be the most widely known stock at the moment, it saw a significant...

Yahoo | June 14, 2021

Danaos (DAC) Gains As Market Dips: What You Should Know

In the latest trading session, Danaos (DAC) closed at $67.65, marking a +0.55% move from the previous day.

Yahoo | June 9, 2021

Danaos (DAC) Outpaces Stock Market Gains: What You Should Know

Danaos (DAC) closed the most recent trading day at $67.28, moving +0.03% from the previous trading session.

Yahoo | June 8, 2021

Read More 'DAC' Stories Here

DAC Price Returns

1-mo 23.99%
3-mo 51.25%
6-mo 266.24%
1-year 1,679.52%
3-year 293.57%
5-year 68.67%
YTD 247.10%
2020 133.44%
2019 -12.57%
2018 -48.28%
2017 -45.28%
2016 -55.76%

DAC Dividends

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Continue Researching DAC

Want to see what other sources are saying about Danaos Corp's financials and stock price? Try the links below:

Danaos Corp (DAC) Stock Price | Nasdaq
Danaos Corp (DAC) Stock Quote, History and News - Yahoo Finance
Danaos Corp (DAC) Stock Price and Basic Information | MarketWatch

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