Analysts have placed a $14.85 price target on Dominion Diamond Corporation, suggesting a 10.16% gain from recent close.
DDC has been the topic of several research analyst reports. The analysts estimated EPS for the higher end at 0.4 and lower end at 0.4 while the year ago reported earnings per share was 0.13. Gabelli started coverage on shares of Dominion Diamond Corporation in a research note on Monday, April 3rd. If you are reading this news story on another site, it was stolen and republished in violation of United States and global trademark and copyright law. SELL rating has been given by 0 analyst (s) and 1 analyst (s) given BUY rating to the stock.
The stock shows a Short Ratio of 0.43 with the total number of Shares Short (Previous Month) of 225.46 Million. They issued a "buy" rating on the stock.
Dominion Diamond Corporation (NYSE:DDC) (TSE:DDC) last posted its quarterly earnings results on Monday, June 12th. The firm had revenue of $211 million during the quarter. By watching how many shares are trading hands and looking for any changes in that activity, trading opportunities can be spotted along with a deeper understanding of the reliability of other indicators on the stock. Dominion Diamond Corporation has a 52-week low of $7.92 and a 52-week high of $13.65. The company now has a consensus rating of "Buy" and an average target price of $14.78. The company has a 50-day moving average of $12.84 and a 200 day moving average of $11.22.
5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Dominion Diamond Corporation (DDC) stands at 14.5 while the industry's and the sector's growth for next 5 years ticked at 5.5 and 2.27 respectively. Equities research analysts expect that Dominion Diamond Corporation will post $0.85 earnings per share for the current fiscal year. The lowest price the stock reached in the last trading day was $1.75 and compares with the $1.75 52-week low. Finally, Levin Capital Strategies L.P. bought a new position in Dominion Diamond Corporation during the first quarter valued at $235,000. The market capitalization of the company is at $1.13 Billion. Renaissance Technologies LLC now owns 2,848,898 shares of the basic materials company's stock worth $27,577,000 after buying an additional 522,300 shares during the period. Dominion Diamond Corporation had a negative net margin of 1.07% and a positive return on equity of 1.46%.
Reuters reported on Friday that Dominion was in advanced and friendly talks with Washington Companies. Institutional investors own 56.41% of the company's stock. During the same period a year ago, the company earned ($0.01) earnings per share. The Company's segments include the Ekati Diamond Mine, the Diavik Diamond Mine and the Corporate segment. The company will continue to operate the Ekati Diamond mine, which it controls, as well as the Diavik Diamond mine, in which it has a 40% interest.