The price of Dorian LPG Ltd (NYSE: LPG) closed at $37.39 in the last session, down -1.32% from day before closing price of $37.89. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 558222 shares were traded.
Ratios:
We take a closer look at LPG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.72. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1.52B and an Enterprise Value of 2.13B. As of this moment, Dorian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.96, and their Forward P/E ratio for the next fiscal year is 7.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.74 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 3.85 whereas that against EBITDA is 4.97.
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 $16.65. The 50-Day Moving Average of the stock is 38.62, while the 200-Day Moving Average is calculated to be 32.83.
Shares Statistics:
According to the various share statistics, LPG traded on average about 1.04M shares per day over the past 3-months and 730.56k shares per day over the past 10 days. A total of 40.38M shares are outstanding, with a floating share count of 37.68M. Insiders hold about 7.17% of the company’s shares, while institutions hold 63.32% stake in the company. Shares short for LPG as of Feb 29, 2024 were 3.66M with a Short Ratio of 3.53, compared to 3.15M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.01% and a Short% of Float of 12.72%.
Dividends & Splits
The forward annual dividend rate for LPG is 0.00, which was 4.00 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 10.56%, it implies a Forward Annual Dividend Yield of 10.70%.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. 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
According to 3 analysts, the current quarter’s revenue is expected to be $152.73M. 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.
