A share price of Dorian LPG Ltd [LPG] is currently trading at $26.47, up 1.93%. An important factor to consider is whether the stock is rising or falling in short-term value. The LPG shares have gain 6.26% over the last week, with a monthly amount glided 10.06%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Dorian LPG Ltd [NYSE: LPG] stock has seen the most recent analyst activity on July 03, 2024, when DNB Markets upgraded its rating to a Buy but kept the price target unchanged to $52 for it. Previously, DNB Markets downgraded its rating to Hold on January 26, 2024. On November 20, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $50 on the stock. Pareto upgraded its rating to a Buy and increased its price target to $35 on October 16, 2023. Jefferies downgraded its rating to a Hold but $30 remained the price target by the analyst firm on August 03, 2023. DNB Markets downgraded its rating to Hold for this stock on July 10, 2023, but kept the price target unchanged to $26.90. In a note dated May 25, 2023, Evercore ISI upgraded an Outperform rating on this stock and boosted its target price from $25 to $32.
Dorian LPG Ltd experienced fluctuations in its stock price throughout the past year between $22.46 and $48.53. Currently, Wall Street analysts expect the stock to reach $45 within the next 12 months. Dorian LPG Ltd [NYSE: LPG] shares were valued at $26.47 at the most recent close of the market. An investor can expect a potential return of 70.0% based on the average LPG price forecast.
Analyzing the LPG fundamentals
Trailing Twelve Months sales for Dorian LPG Ltd [NYSE:LPG] were 501.24M which represents -43.03% decline. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at 0.53%, Pretax Profit Margin comes in at 0.48%, and Net Profit Margin reading is 0.48%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.23 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.69.
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 25.93 points at the first support level, and at 25.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.80, and for the 2nd resistance point, it is at 27.13.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Dorian LPG Ltd [NYSE:LPG] is 4.22. On the other hand, the Quick Ratio is 4.20, and the Cash Ratio is 3.35. Considering the valuation of this stock, the price to sales ratio is 2.26, the price to book ratio is 1.04 and price to earnings (TTM) ratio is 4.50.
Transactions by insiders
Recent insider trading involved LORENTZEN OIVIND, Director, that happened on Dec 20 ’24 when 23386.0 shares were purchased. Chief Operating Officer, Hadjipateras Alexander C. completed a deal on Aug 05 ’24 to sell 2500.0 shares.
