This summary was created by AI, based on 1 opinions in the last 12 months.
Dorian LPG, Inc. (LPG-N) owns and operates a fleet of 25 large vessel tankers that ship propane, butane and other LPGs worldwide. The company is poised to benefit from the replenishment of inventories as winter approaches and an increase in demand through the petrochemical sector due to economic growth. With a low P/E ratio, strong ROE, growing cash reserves, and debt reduction, the company's financials are looking promising. The stock is recommended with a potential upside of 31% and a 2.9% yield.
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 2024-12-13, Dorian LPG, Inc. (LPG-N) stock closed at a price of $23.86.
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)