The Question Is Whether To Buy Or Not To Buy 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. The stock was recently discussed on Yahoo Finance as it revealed that REMINDER – Leading LNG, LPG, Crude & Product Tanker Shipping Companies Participating at Capital Link’s 18th Annual International Shipping Forum Monday, March 11, 2024 in New York City.

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Stocks Info

Dorian LPG Ltd is listed on the NYSE as a member of the Energy sector and is a part of the Oil & Gas Midstream industry. The current market capitalization of Dorian LPG Ltd is $1.66B. A total of 1.11 million shares were traded on the day, compared to an average of 1.03M shares.

In the most recent transaction, HADJIPATERAS JOHN C bought 5,000 shares of LPG for 42.58 per share on Jan 12 ’24. After the transaction, the President and CEO now owns 1,777,740 company shares. In a previous transaction on Dec 20 ’23, Tan Christina sold 4,371 shares at 44.50 per share. LPG shares that Director owns now total 0.

Among the insiders who sold shares, Tan Christina disposed of 5,629 shares on Dec 19 ’23 at a per-share price of $44.50. This resulted in the Director holding 4,371 shares of LPG after the transaction. In another insider transaction, Young Theodore B. sold 5,000 shares at $43.25 per share on Dec 18 ’23. Company shares held by the Chief Financial Officer now total 88,720.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. LPG’s most recent ex-dividend date was 2/2/2024 when it declared a $1.00 quarterly dividend that was paid in cash on 2/27/2024. Previously, the company paid the dividend on 11/2/2023 with an ex-dividend date of 10/19/2023. The LPG stock dividend was $1.00 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, LPG has a high of $48.24 and a low of $16.70.

As of this writing, LPG has an earnings estimate of $1.9 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $2.37 per share and a lower estimate of $1.38. The company reported an EPS of $1.85 in the last quarter, which was 25.00% higher than expectations of $1.48.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. 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 $670.96M in debt and $94.84M in liabilities at the time. Its Book Value Per Share was $24.23, while its Total Shareholder’s Equity was $920.15M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 4.00.

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