Dorian LPG Ltd (NYSE: LPG) closed the day trading at $38.81 down -3.07% from the previous closing price of $40.04. In other words, the price has decreased by -$1.23 from its previous closing price. On the day, 704366 shares were traded.
Ratios:
For a better understanding of LPG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.94. For the most recent quarter (mrq), Quick Ratio is recorded 3.29 and its Current Ratio is at 3.31. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.74.
On November 20, 2023, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $37 to $50.
Pareto Upgraded its Hold to Buy on October 16, 2023, whereas the target price for the stock was revised from $27 to $35.
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 Jan 12 ’24 when HADJIPATERAS JOHN C bought 5,000 shares for $42.58 per share. The transaction valued at 212,900 led to the insider holds 1,777,740 shares of the business.
Tan Christina sold 4,371 shares of LPG for $194,510 on Dec 20 ’23. The Director now owns 0 shares after completing the transaction at $44.50 per share. On Dec 19 ’23, another insider, Tan Christina, who serves as the Director of the company, sold 5,629 shares for $44.50 each. As a result, the insider received 250,490 and left with 4,371 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LPG now has a Market Capitalization of 1.58B and an Enterprise Value of 2.18B. As of this moment, Dorian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.15, and their Forward P/E ratio for the next fiscal year is 8.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.85 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 3.95 whereas that against EBITDA is 5.10.
Stock Price History:
Over the past 52 weeks, LPG has reached a high of $48.24, while it has fallen to a 52-week low of $16.70. The 50-Day Moving Average of the stock is 37.16, while the 200-Day Moving Average is calculated to be 34.09.
Shares Statistics:
Over the past 3-months, LPG traded about 1.02M shares per day on average, while over the past 10 days, LPG traded about 912.77k shares per day. A total of 40.38M shares are outstanding, with a floating share count of 37.58M. Insiders hold about 7.42% of the company’s shares, while institutions hold 63.38% stake in the company. Shares short for LPG as of Mar 15, 2024 were 3.43M with a Short Ratio of 3.37, compared to 3.19M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.45% and a Short% of Float of 11.93%.
Dividends & Splits
LPG’s forward annual dividend rate is 0.00, up from 4.00 a year ago. Against a Trailing Annual Dividend Yield of 9.99%, it implies a Forward Annual Dividend Yield of 10.68%.
Earnings Estimates
Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of $1.9 for the current quarter, with a high estimate of $2.37 and a low estimate of $1.38, while EPS last year was $1.94. The consensus estimate for the next quarter is $0.87, with high estimates of $1.25 and low estimates of $0.5.
Analysts are recommending an EPS of between $8.4 and $7.29 for the fiscal current year, implying an average EPS of $7.84. EPS for the following year is $4.6, with 4 analysts recommending between $5.44 and $3.88.
Revenue Estimates
3 analysts predict $152.73M in revenue for the current quarter. It ranges from a high estimate of $173.4M to a low estimate of $128.78M. As of the current estimate, Dorian LPG Ltd’s year-ago sales were $133.63M, an estimated increase of 14.30% from the year-ago figure.
A total of 4 analysts have provided revenue estimates for LPG’s current fiscal year. The highest revenue estimate was $590.43M, while the lowest revenue estimate was $545.81M, resulting in an average revenue estimate of $573.31M. In the same quarter a year ago, actual revenue was $389.75M, up 47.10% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $435.44M in the next fiscal year. The high estimate is $471.05M and the low estimate is $406.7M. The average revenue growth estimate for next year is down -24.00% from the average revenue estimate for this year.
