Dorian LPG Ltd (LPG) stock hits $23.70: Is it a good time to buy or wait for a dip?

Dorian LPG Ltd [LPG] stock is trading at $23.70, up 2.55%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LPG shares have gain 6.28% over the last week, with a monthly amount glided 2.15%, 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 [LPG] stock has fluctuated between $16.31 and $39.20 over the past year. Currently, Wall Street analysts expect the stock to reach $40.67 within the next 12 months. Dorian LPG Ltd [NYSE: LPG] shares were valued at $23.70 at the most recent close of the market. An investor can expect a potential return of 71.6% based on the average LPG price forecast.

Analyzing the LPG fundamentals

Dorian LPG Ltd [NYSE:LPG] reported sales of 353.34M for the trailing twelve months, which represents a drop of -46.33%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.43%, Pretax Profit Margin comes in at 0.39%, and Net Profit Margin reading is 0.39%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.15 and Total Capital is 0.11. 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.

Ratios To Look Out For

For context, Dorian LPG Ltd’s Current Ratio is 3.54. Also, the Quick Ratio is 3.52, while the Cash Ratio stands at 3.01. Considering the valuation of this stock, the price to sales ratio is 2.86, the price to book ratio is 0.97 and price to earnings (TTM) ratio is 10.97.

Transactions by insiders

Recent insider trading involved HADJIPATERAS JOHN C, President and CEO, that happened on Apr 08 ’25 when 17500.0 shares were purchased. President and CEO, HADJIPATERAS JOHN C completed a deal on Apr 08 ’25 to buy 12500.0 shares. Meanwhile, Director LORENTZEN OIVIND sold 23386.0 shares on Dec 20 ’24.

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