Dorian LPG Ltd (NYSE: LPG) has a higher price-to-earnings ratio of 5.45x compared to its average ratio, The 36-month beta value for LPG is at 1.14. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for LPG is 37.58M, and currently, shorts hold a 9.57% of that float. The average trading volume for LPG on April 25, 2024 was 905.06K shares.
LPG) stock’s latest price update
Dorian LPG Ltd (NYSE: LPG) has seen a decline in its stock price by -1.85 in relation to its previous close of 41.81. However, the company has experienced a 3.99% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-24 that Dorian LPG (LPG) reachead $41.81 at the closing of the latest trading day, reflecting a +0.17% change compared to its last close.
LPG’s Market Performance
Dorian LPG Ltd (LPG) has experienced a 3.99% rise in stock performance for the past week, with a 10.88% rise in the past month, and a 2.63% rise in the past quarter. The volatility ratio for the week is 3.39%, and the volatility levels for the past 30 days are at 3.91% for LPG. The simple moving average for the past 20 days is 2.79% for LPG’s stock, with a 21.16% simple moving average for the past 200 days.
Analysts’ Opinion of LPG
Jefferies, on the other hand, stated in their research note that they expect to see LPG reach a price target of $50, previously predicting the price at $37. The rating they have provided for LPG stocks is “Buy” according to the report published on November 20th, 2023.
Pareto gave a rating of “Buy” to LPG, setting the target price at $35 in the report published on October 16th of the previous year.
LPG Trading at 8.22% from the 50-Day Moving Average
After a stumble in the market that brought LPG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.93% of loss for the given period.
Volatility was left at 3.91%, however, over the last 30 days, the volatility rate increased by 3.39%, as shares surge +8.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.49% upper at present.
During the last 5 trading sessions, LPG rose by +2.94%, which changed the moving average for the period of 200-days by +56.65% in comparison to the 20-day moving average, which settled at $40.08. In addition, Dorian LPG Ltd saw -3.94% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LPG starting from HADJIPATERAS JOHN C, who purchase 5,000 shares at the price of $42.58 back on Jan 12 ’24. After this action, HADJIPATERAS JOHN C now owns 1,777,740 shares of Dorian LPG Ltd, valued at $212,900 using the latest closing price.
Tan Christina, the Director of Dorian LPG Ltd, sale 4,371 shares at $44.50 during a trade that took place back on Dec 20 ’23, which means that Tan Christina is holding 0 shares at $194,510 based on the most recent closing price.
Stock Fundamentals for LPG
Current profitability levels for the company are sitting at:
- 0.59 for the present operating margin
- 0.73 for the gross margin
The net margin for Dorian LPG Ltd stands at 0.54. The total capital return value is set at 0.18. Equity return is now at value 33.41, with 18.16 for asset returns.
Based on Dorian LPG Ltd (LPG), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at 0.83. The interest coverage ratio of the stock is 8.08.
Currently, EBITDA for the company is 84.13 million with net debt to EBITDA at 1.64. When we switch over and look at the enterprise to sales, we see a ratio of 4.4. The receivables turnover for the company is 4.57for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.31.
Conclusion
In conclusion, Dorian LPG Ltd (LPG) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
