Diana Transport (NYSE:DSX) Upgraded to “Robust-Purchase” by way of Zacks Funding Analysis

Diana Transport (NYSE:DSXGet Ranking) used to be upgraded by way of Zacks Funding Analysis from a “cling” ranking to a “strong-buy” ranking in a study record issued to purchasers and buyers on Friday, Zacks.com reviews. The company lately has a $7.25 value goal at the transport corporate’s inventory. Zacks Funding Analysis‘s goal value suggests a possible upside of 12.93% from the inventory’s earlier shut.

Consistent with Zacks, “Diana Transport Inc. is an international supplier of transport transportation products and services. They concentrate on transporting dry bulk cargoes, together with such commodities as iron ore, coal, grain and different fabrics alongside international transport routes. “

Various different study companies have additionally just lately weighed in on DSX. StockNews.com reduce Diana Transport from a “purchase” ranking to a “cling” ranking in a study word on Thursday, Might twelfth. Jefferies Monetary Workforce initiated protection on Diana Transport in a study record on Wednesday, April twenty seventh. They set a “cling” ranking at the inventory. After all, TheStreet upgraded Diana Transport from a “d+” ranking to a “c-” ranking in a study word on Tuesday, March 1st. 3 analysts have rated the inventory with a cling ranking, one has given a purchase ranking and one has assigned a robust purchase ranking to the inventory. Consistent with MarketBeat, the corporate has a median ranking of “Purchase” and a consensus value goal of $6.94.

Stocks of DSX traded up $0.17 all through noon buying and selling on Friday, hitting $6.42. The corporate had a buying and selling quantity of one,454,214 stocks, in comparison to its reasonable quantity of 911,347. Diana Transport has a 1 yr low of $3.31 and a 1 yr prime of $6.49. The company has a marketplace capitalization of $587.65 million, a P/E ratio of 10.19 and a beta of one.03. The corporate has a debt-to-equity ratio of 0.97, a snappy ratio of one.84 and a present ratio of one.93. The corporate’s 50-day easy transferring reasonable is $5.21 and its 200-day easy transferring reasonable is $4.54.

Diana Transport (NYSE:DSXGet Ranking) remaining introduced its quarterly profits information on Tuesday, Might twenty fourth. The transport corporate reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by way of $0.03. Diana Transport had a web margin of 26.79% and a go back on fairness of 10.32%. All over the similar length within the prior yr, the company posted ($0.03) EPS. Equities analysts expect that Diana Transport will put up 1.5 profits in step with percentage for the present fiscal yr.

A number of institutional buyers have just lately purchased and offered stocks of DSX. Kestra Advisory Products and services LLC grew its place in stocks of Diana Transport by way of 13.1% all through the primary quarter. Kestra Advisory Products and services LLC now owns 20,456 stocks of the transport corporate’s inventory price $110,000 after obtaining an extra 2,373 stocks all through the remaining quarter. Counterpoint Mutual Finances LLC grew its stake in stocks of Diana Transport by way of 77.2% within the 4th quarter. Counterpoint Mutual Finances LLC now owns 6,764 stocks of the transport corporate’s inventory valued at $26,000 after buying an extra 2,946 stocks all through the remaining quarter. LPL Monetary LLC higher its holdings in stocks of Diana Transport by way of 30.6% within the fourth quarter. LPL Monetary LLC now owns 13,262 stocks of the transport corporate’s inventory valued at $52,000 after buying an extra 3,111 stocks all through the length. Lazard Asset Control LLC raised its stake in stocks of Diana Transport by way of 23.4% all through the primary quarter. Lazard Asset Control LLC now owns 16,467 stocks of the transport corporate’s inventory price $88,000 after buying an extra 3,121 stocks all through the remaining quarter. After all, Navellier & Pals Inc. lifted its holdings in stocks of Diana Transport by way of 5.1% all through the fourth quarter. Navellier & Pals Inc. now owns 71,688 stocks of the transport corporate’s inventory price $279,000 after buying an extra 3,456 stocks all through the length. 36.88% of the inventory is owned by way of institutional buyers and hedge budget.

About Diana Transport (Get Ranking)

Diana Transport Inc supplies transport transportation products and services. The corporate transports a variety of dry bulk cargoes, together with commodities, akin to iron ore, coal, grain, and different fabrics in transport routes international. As of April 13, 2022, it operated a fleet of 35 dry bulk vessels, together with 4 Newcastlemax, 12 Capesize, 5 Put up-Panamax, 6 Kamsarmax, and eight Panamax.

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