Dorian LPG Ltd (NYSE: LPG) has reported earnings for its fourth fiscal quarter (ending March 31) of $1.96 versus $1.90 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $7.63 versus $4.31 for the same period a year ago.
Recent Price Action
Dorian LPG Ltd (NYSE: LPG) stock rose modestly by 0.6% on 5/22/24. The stock closed at $45.10. Moreover, unusually high trading volume at 170% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.5% during the last week.
Current PriceTarget Research Rating
LPG’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be an important Value Builder.
Dorian LPG has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Dorian LPG has a good Appreciation Score of 70 and a very high Power Rating of 89, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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