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Tuesday, September 26, 2023

There’s No Need To Panic Or Freeze When It Comes To Dorian LPG Ltd. (NYSE: LPG)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Dorian LPG Ltd. (LPG) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.31, or 1.10%, to $28.39. The Dorian LPG Ltd. has recorded 12,197 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Dorian LPG Ltd. Announces First Quarter Fiscal Year 2024 Financial Results.

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Stocks Info

The company is listed on the NYSE and operates within the Oil & Gas Midstream industry segment. At the end of the last regular session, the stock closed at $28.08 and fluctuated between $28.43 as its day high and $27.60 as its day low. The current market capitalization of Dorian LPG Ltd. is $1.15B. A total of 0.7 million shares were traded on the day, compared to an average of 604.04K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, LPG has seen 6 BUY and 23 SELL insider trades, representing the acquisition of 192,208 and the disposition of 354,028 shares. Over the last 12 months, there were 17 BUYs and 65 SELLs from insiders. Insiders purchased 284,735 shares during that period but sold 2,330,132.

In the most recent transaction, Coleman Thomas Jason sold 40,000 shares of LPG for 25.60 per share on Aug 11. After the transaction, the Director now owns 0 company shares. In a previous transaction on Aug 10, Coleman Thomas Jason sold 40,000 shares at 26.82 per share. LPG shares that Director owns now total 40,000.

Among the insiders who sold shares, Hadjipateras Alexander C. disposed of 5,000 shares on Aug 10 at a per-share price of $27.35. This resulted in the SEVP at Dorian LPG (USA) LLC holding 76,853 shares of LPG after the transaction. In another insider transaction, Coleman Thomas Jason sold 53,000 shares at $27.82 per share on Aug 09. Company shares held by the Director now total 80,000.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. LPG’s most recent ex-dividend date was 8/9/2023 when it declared a $1.00 quarterly dividend that was paid in cash on 9/6/2023. Previously, the company paid the dividend on 5/22/2023 with an ex-dividend date of 5/5/2023. The LPG stock dividend was $1.00 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for LPG in the last 3 months, the mean price target is $27.04 with high estimates of $32.00 and low estimates of $23.00. In terms of 52-week highs and lows, LPG has a high of $29.03 and a low of $10.79.

As of this writing, LPG has an earnings estimate of $1.55 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $2.52 per share and a lower estimate of $0.7. The company reported an EPS of $1.94 in the last quarter, which was 44.80% higher than expectations of $1.34.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LPG’s latest balance sheet shows that the firm has $236.76M in Cash & Short Term Investments as of fiscal 2022. There were $670.84M in debt and $94.84M in liabilities at the time. Its Book Value Per Share was $22.06, while its Total Shareholder’s Equity was $920.15M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LPG is Buy with a score of 3.67.

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