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Stock impact report

Danaos Corporation (DAC): A Bull Case Theory [Yahoo! Finance]

Danaos Corporation (DAC) 
Last danaos corporation earnings: 2/10 05:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Danaos Corporation's share was trading at $100.17 as of January 13th. DAC's trailing P/E was 4.00 according to Yahoo Finance. Danaos Corporation, through its subsidiaries, owns and operates containerships and drybulk vessels in Australia, Europe, and the United States. DAC is a financially robust containership company trading at a deeply discounted valuation, offering resilience and upside potential even in an economic slowdown. The stock, which traded around $18 in 2020, has risen to approximately $92, supported by a surge in earnings per share to about $26, up from $6.50 in 2020, marking a dramatic turnaround from a $46 per-share loss in 2016. Despite this strong profitability, Danaos trades at a low price-to-earnings ratio of roughly 3.5 and at only 0.49x its book value, reflecting continued market skepticism that appears disconnected from its improved fundamentals. The company has significantly strengthened its balance sheet, reducing total liabilities from $2.4 billion in 201 Show less Read more
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