Dorian LPG Ltd (LPG) Stock Short-term Performance Analysis

Dorian LPG Ltd [LPG] stock prices are up 1.69% to $44.02 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The LPG shares have gain 4.14% over the last week, with a monthly amount glided 15.45%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Dorian LPG Ltd [NYSE: LPG] stock has seen the most recent analyst activity on January 26, 2024, when DNB Markets downgraded its rating to a Hold. Previously, Jefferies upgraded its rating to Buy on November 20, 2023, and elevated its price target to $50. On October 16, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $35 on the stock. Jefferies downgraded its rating to a Hold but stick to its price target of $30 on August 03, 2023. DNB Markets downgraded its rating to a Hold but $26.90 remained the price target by the analyst firm on July 10, 2023. Evercore ISI upgraded its rating to Outperform for this stock on May 25, 2023, and upped its price target to $32. In a note dated January 05, 2023, UBS downgraded an Neutral rating on this stock but restated the target price of $19.

The stock price of Dorian LPG Ltd [LPG] has been fluctuating between $18.86 and $47.09 over the past year. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Dorian LPG Ltd [NYSE: LPG] shares were valued at $44.02 at the most recent close of the market. An investor can expect a potential drop of -43.21% based on the average LPG price forecast.

Analyzing the LPG fundamentals

The Dorian LPG Ltd [NYSE:LPG] reported sales of 552.96M for trailing twelve months, representing a surge of 57.82%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.59%, Pretax Profit Margin comes in at 0.54%, and Net Profit Margin reading is 0.54%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.31 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.83.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.24 points at the first support level, and at 42.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.50, and for the 2nd resistance point, it is at 44.98.

Dorian LPG Ltd [LPG] reported earnings per share of $2.62 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.71/share, meaning a difference of $0.91 and a surprise factor of 53.20%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $1.85 per share as compared to estimates of $1.48 per share, a difference of $0.37 representing a surprise of 25.00%.

Ratios To Look Out For

It’s worth pointing out that Dorian LPG Ltd [NYSE:LPG]’s Current Ratio is 3.31. On the other hand, the Quick Ratio is 3.29, and the Cash Ratio is 2.03. Considering the valuation of this stock, the price to sales ratio is 3.23, the price to book ratio is 1.82 and price to earnings (TTM) ratio is 5.84.

Transactions by insiders

Recent insider trading involved HADJIPATERAS JOHN C, President and CEO, that happened on Jan 12 ’24 when 5000.0 shares were purchased. Director, Tan Christina completed a deal on Dec 20 ’23 to sell 4371.0 shares. Meanwhile, Director Tan Christina sold 5629.0 shares on Dec 19 ’23.

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