This summary was created by AI, based on 1 opinions in the last 12 months.
Based on the reviews from different experts, Dorian LPG, Inc. (LPG-N) is a strong investment opportunity with a positive outlook. The company owns and operates a sizable fleet of tankers, positioning itself to benefit from the replenishment of inventories worldwide as winter approaches. Additionally, economic growth is expected to drive demand through the petrochemical sector. With a low earnings multiple, solid return on equity, and a growing cash reserve, Dorian LPG shows potential for upside growth. Analysts also recommend setting a stop-loss at $23 and aim for a $45 target, indicating an upside potential of 31%.
Dorian LPG, Inc. is a American stock, trading under the symbol LPG-N on the New York Stock Exchange (LPG). It is usually referred to as NYSE:LPG or LPG-N
In the last year, there was no coverage of Dorian LPG, Inc. published on Stockchase.
Dorian LPG, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Dorian LPG, Inc..
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0 stock analysts on Stockchase covered Dorian LPG, Inc. In the last year. It is a trending stock that is worth watching.
On 2024-12-06, Dorian LPG, Inc. (LPG-N) stock closed at a price of $22.69.
LPG owns and operates 25 large vessel tankers that ship propane, butane and other LPGs worldwide. As winter approaches inventories globally are replenished -- usually via tanker -- to major global markets. Economic growth also drives demand thru the petrochemical sector. It trades at 10x earnings, 1.3x book and supports a 30% ROE. We like that cash reserves are growing, while debt is retired and shares bought back. We recommend setting a stop-loss at $23, looking to achieve $45 -- upside potential of 31%. Yield 2.9%
(Analysts’ price target is $44.83)