It’s Time To Focus On The Long Run With Dorian LPG Ltd. (LPG) stock

Dorian LPG Ltd. (NYSE: LPG) closed the day trading at $20.25 up 0.80% from the previous closing price of $20.09. In other words, the price has increased by $+0.16 from its previous closing price. On the day, 591512 shares were traded. LPG stock price reached its highest trading level at $20.41 during the session, while it also had its lowest trading level at $19.30.

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For a better understanding of LPG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.70 and its Current Ratio is at 2.70. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.69.

Upgrades & Downgrades

On July 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $20.

On August 27, 2021, UBS started tracking the stock assigning a Buy rating and target price of $19.UBS initiated its Buy rating on August 27, 2021, with a $19 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 14 when Coleman Thomas Jason sold 60,000 shares for $21.45 per share. The transaction valued at 1,287,000 led to the insider holds 540,000 shares of the business.

Coleman Thomas Jason sold 65,000 shares of LPG for $1,346,800 on Mar 13. The Director now owns 600,000 shares after completing the transaction at $20.72 per share. On Mar 10, another insider, Coleman Thomas Jason, who serves as the Director of the company, sold 57,000 shares for $21.51 each. As a result, the insider received 1,226,082 and left with 665,000 shares of the company.

Valuation Measures:

As of this moment, Dorian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.17, and their Forward P/E ratio for the next fiscal year is 7.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.53 while its Price-to-Book (P/B) ratio in mrq is 0.97.

Stock Price History:

Over the past 52 weeks, LPG has reached a high of $22.77, while it has fallen to a 52-week low of $9.55. The 50-Day Moving Average of the stock is 20.30, while the 200-Day Moving Average is calculated to be 17.39.

Shares Statistics:

Over the past 3-months, LPG traded about 670.33K shares per day on average, while over the past 10 days, LPG traded about 604.57k shares per day. A total of 40.09M shares are outstanding, with a floating share count of 33.79M. Insiders hold about 5.90% of the company’s shares, while institutions hold 67.40% stake in the company. Shares short for LPG as of Jan 30, 2023 were 1.44M with a Short Ratio of 1.33M, compared to 1.27M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.57% and a Short% of Float of 6.88%.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 4.98%, it implies a Forward Annual Dividend Yield of 24.60%.

Earnings Estimates

Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of $0.7 for the current quarter, with a high estimate of $1.37 and a low estimate of -$0.07, while EPS last year was $0.62. The consensus estimate for the next quarter is $0.62, with high estimates of $0.78 and low estimates of $0.38.

Analysts are recommending an EPS of between $4.65 and $1.28 for the fiscal current year, implying an average EPS of $3.16. EPS for the following year is $2.72, with 4 analysts recommending between $3.42 and $1.69.

Revenue Estimates

4 analysts predict $102.9M in revenue for the current quarter. It ranges from a high estimate of $133M to a low estimate of $79.3M. As of the current estimate, Dorian LPG Ltd.’s year-ago sales were $79.58M, an estimated increase of 29.30% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $93.15M, an increase of 21.30% less than the figure of $29.30% in the same quarter last year. There is a high estimate of $111.3M for the next quarter, whereas the lowest estimate is $84M.

A total of 5 analysts have provided revenue estimates for LPG’s current fiscal year. The highest revenue estimate was $402M, while the lowest revenue estimate was $317.2M, resulting in an average revenue estimate of $362.52M. In the same quarter a year ago, actual revenue was $274.22M, up 32.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $332.73M in the next fiscal year. The high estimate is $443.67M and the low estimate is $210M. The average revenue growth estimate for next year is down -8.20% from the average revenue estimate for this year.