Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Dorian LPG Ltd (NYSE: LPG) closed at $41.74 up 2.08% from its previous closing price of $40.89. In other words, the price has increased by $2.08 from its previous closing price. On the day, 0.79 million shares were traded. LPG stock price reached its highest trading level at $41.8191 during the session, while it also had its lowest trading level at $39.795.
Ratios:
For a deeper understanding of Dorian LPG Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.38. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1694356096 and an Enterprise Value of 2264380928. As of this moment, Dorian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.54, and their Forward P/E ratio for the next fiscal year is 7.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.06 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 4.098 whereas that against EBITDA is 5.789.
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 $18.24. The 50-Day Moving Average of the stock is 10.83%, while the 200-Day Moving Average is calculated to be 23.90%.
Shares Statistics:
For the past three months, LPG has traded an average of 912.14K shares per day and 565850 over the past ten days. 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 63.25% stake in the company. Shares short for LPG as of 1711584000 were 3311005 with a Short Ratio of 3.63, compared to 1709164800 on 3658365. Therefore, it implies a Short% of Shares Outstanding of 3311005 and a Short% of Float of 11.510000400000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.09782343
