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NYSE:LPG

Dorian LPG (LPG) Stock Price, News & Analysis

Dorian LPG logo
$23.45 +0.51 (+2.22%)
(As of 10:01 AM ET)

About Dorian LPG Stock (NYSE:LPG)

Key Stats

Today's Range
$23.07
$23.76
50-Day Range
$22.69
$35.28
52-Week Range
$22.46
$51.66
Volume
56,879 shs
Average Volume
750,575 shs
Market Capitalization
$1.00 billion
P/E Ratio
3.97
Dividend Yield
N/A
Price Target
$47.00
Consensus Rating
Buy

Company Overview

Dorian LPG Ltd. is a leading holding company specializing in transporting liquefied petroleum gas (LPG). With a focus on managing gas carriers and providing customer services, the company has established itself as a prominent player in the industry. Headquartered in Stamford, CT, Dorian LPG has served diverse customers since its founding in 2013. 

The company manages a fleet of gas carriers and offers in-house commercial and technical management services to ensure the safe and efficient transportation of LPG. With a mission to be a reliable and innovative partner for LPG transportation, Dorian LPG caters to a global market, serving various industries such as energy, agriculture, and manufacturing.

Under the leadership of Chairman, President, and Chief Executive Officer John Constantine Hadjipateras, Dorian LPG boasts a capable management team with a wealth of experience in the maritime industry. The management team's expertise and strategic vision have been instrumental in Dorian LPG's achievements and milestones.

Dorian LPG has demonstrated strong financial performance over the years, reflected in its revenue, earnings, and profit margins. With healthy profit margins, Dorian LPG has effectively managed its operations and achieved profitability. Furthermore, the company maintains a prudent approach to debt management, with a debt-to-equity ratio lower than the industry average, indicating a balanced capital structure.

Dorian LPG's stock performance has witnessed notable movements, indicating market dynamics and investor sentiment. Recent news or events may have influenced the company's share price, highlighting the importance of monitoring industry developments and market trends. Investors should remain cognizant of potential market fluctuations and stay informed about the factors driving the company's stock performance.

Operating in the deep sea foreign transportation of freight industry, Dorian LPG faces both opportunities and challenges. The industry is characterized by increasing demand for LPG transportation, driven by population growth, industrialization, and changing energy needs. However, the industry is also subject to regulatory and political issues impacting operations and profitability. Dorian LPG maintains a competitive edge through its expertise, efficient fleet management, and customer-centric approach, enabling the company to capitalize on market opportunities and navigate industry challenges.

Dorian LPG has identified several growth opportunities to expand its business further and enhance its market position. Dorian LPG can pursue growth by increasing its fleet of gas carriers. This would allow the company to meet the increasing demand for LPG transportation and serve a broader customer base. By strategically investing in new vessels or acquiring existing ones, Dorian LPG can strengthen its market presence and capture additional market share.

Embracing technological advancements and innovations in the maritime industry can give Dorian LPG a competitive advantage. The company can explore opportunities to optimize vessel operations, improve fuel efficiency and enhance safety measures. Investing in advanced navigation systems, onboard monitoring technologies, and eco-friendly initiatives can position Dorian LPG as an industry leader in terms of operational excellence and environmental stewardship.

As environmental sustainability gains prominence globally, Dorian LPG can leverage its expertise and resources to capitalize on the growing demand for eco-friendly shipping solutions. By adopting cleaner fuels, exploring alternative energy sources, or participating in emission reduction programs, Dorian LPG can position itself as a responsible and sustainable player in the industry. This can attract environmentally conscious customers and enhance the company's reputation.

While Dorian LPG has promising growth opportunities, it also faces several risks and challenges that should be carefully considered. Dorian LPG's performance is susceptible to macroeconomic factors such as global oil price fluctuations, trade policy changes, and geopolitical tensions. Economic downturns or recessions can impact the demand for LPG transportation and affect the company's financial performance.

The maritime industry is subject to extensive international, regional, and local regulations governing vessel operations, safety standards, and environmental compliance. Changes in regulations or introducing new requirements can increase compliance costs and operational challenges for Dorian LPG.

Dorian LPG operates in a competitive industry with several established players and potential new entrants. Intense competition can lead to price pressures, reduced profit margins, and the need for continuous investment in fleet modernization and operational efficiency.

As the focus on sustainability grows, stricter environmental regulations and societal expectations may require Dorian LPG to adopt costly emission control technologies or invest in cleaner energy sources. Failure to meet evolving environmental standards could negatively impact the company's reputation and market position.

Rapid technological advancements, such as autonomous vessels or alternative energy sources, could disrupt the traditional maritime industry. Dorian LPG needs to stay abreast of technological developments and be prepared to adapt and invest in new technologies to remain competitive.

Dorian LPG Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
97th Percentile Overall Score

LPG MarketRank™: 

Dorian LPG scored higher than 97% of companies evaluated by MarketBeat, and ranked 8th out of 129 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Dorian LPG has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Dorian LPG has only been the subject of 1 research reports in the past 90 days.

  • Read more about Dorian LPG's stock forecast and price target.
  • Earnings Growth

    Earnings for Dorian LPG are expected to grow by 26.67% in the coming year, from $3.45 to $4.37 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Dorian LPG is 3.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Dorian LPG is 3.89, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 18.91.

  • Price to Book Value per Share Ratio

    Dorian LPG has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.11% of the float of Dorian LPG has been sold short.
  • Short Interest Ratio / Days to Cover

    Dorian LPG has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Dorian LPG has recently decreased by 3.55%, indicating that investor sentiment is improving.
  • Dividend Yield

    Dorian LPG does not currently pay a dividend.

  • Dividend Growth

    Dorian LPG does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Dorian LPG is 16.95%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Dorian LPG will have a dividend payout ratio of 22.88% next year. This indicates that Dorian LPG will be able to sustain or increase its dividend.

  • Read more about Dorian LPG's dividend.
  • Percentage of Shares Shorted

    4.11% of the float of Dorian LPG has been sold short.
  • Short Interest Ratio / Days to Cover

    Dorian LPG has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Dorian LPG has recently decreased by 3.55%, indicating that investor sentiment is improving.
  • News Sentiment

    Dorian LPG has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Dorian LPG this week, compared to 4 articles on an average week.
  • Search Interest

    Only 20 people have searched for LPG on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.
  • MarketBeat Follows

    26 people have added Dorian LPG to their MarketBeat watchlist in the last 30 days. This is an increase of 225% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Dorian LPG insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    13.40% of the stock of Dorian LPG is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    62.50% of the stock of Dorian LPG is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Dorian LPG's insider trading history.
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LPG Stock Analysis - Frequently Asked Questions

Dorian LPG's stock was trading at $43.87 at the beginning of the year. Since then, LPG stock has decreased by 47.7% and is now trading at $22.94.
View the best growth stocks for 2024 here
.

Dorian LPG Ltd. (NYSE:LPG) issued its earnings results on Thursday, October, 31st. The shipping company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by $0.17. The company's revenue was down 43.1% compared to the same quarter last year.

Top institutional shareholders of Dorian LPG include Pacer Advisors Inc. (7.98%), State Street Corp (3.17%), Geode Capital Management LLC (2.25%) and Two Sigma Advisers LP (1.26%). Insiders that own company stock include John C Hadjipateras, John Lycouris, Tim Truels Hansen, Theodore B Young, Alexander C Hadjipateras, Thomas Jason Coleman and Christina Tan.
View institutional ownership trends
.

Shares of LPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Dorian LPG investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Novo Nordisk A/S (NVO), e.l.f. Beauty (ELF) and ServiceNow (NOW).

Company Calendar

Last Earnings
10/31/2024
Ex-Dividend for 11/25 Dividend
11/05/2024
Dividend Payable
11/25/2024
Today
12/18/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Fax
N/A
Employees
577
Year Founded
2013

Price Target and Rating

Average Stock Price Target
$47.00
High Stock Price Target
$52.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+100.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$307.45 million
Pretax Margin
47.87%

Debt

Sales & Book Value

Annual Sales
$501.24 million
Cash Flow
$9.65 per share
Book Value
$25.21 per share

Miscellaneous

Free Float
37,068,000
Market Cap
$1.00 billion
Optionable
Optionable
Beta
0.93

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This page (NYSE:LPG) was last updated on 12/18/2024 by MarketBeat.com Staff
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