Dorian LPG (LPG) Given Coverage Optimism Score of -0.03
News articles about Dorian LPG (NYSE:LPG) have been trending somewhat negative this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dorian LPG earned a media sentiment score of -0.03 on Accern’s scale. Accern also gave media coverage about the shipping company an impact score of 46.3702089587937 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
LPG has been the subject of a number of research reports. Pareto Securities upgraded Dorian LPG from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Monday, June 12th. ValuEngine upgraded Dorian LPG from a “sell” rating to a “hold” rating in a report on Saturday, July 22nd. BidaskClub lowered Dorian LPG from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 8th. Zacks Investment Research downgraded Dorian LPG from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th. Finally, UBS AG set a $8.00 price objective on Dorian LPG and gave the company a “buy” rating in a research note on Saturday, June 17th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $10.00.
Shares of Dorian LPG (LPG) traded up 3.01% during mid-day trading on Wednesday, reaching $7.53. The company had a trading volume of 222,916 shares. The stock’s market capitalization is $407.19 million. Dorian LPG has a 12-month low of $5.31 and a 12-month high of $12.50. The firm’s 50 day moving average is $7.12 and its 200-day moving average is $8.57.
Dorian LPG (NYSE:LPG) last posted its quarterly earnings data on Monday, July 31st. The shipping company reported ($0.16) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.16). Dorian LPG had a negative return on equity of 4.16% and a negative net margin of 4.33%. The firm had revenue of $41 million for the quarter, compared to analyst estimates of $37.65 million. During the same quarter last year, the company earned $0.06 EPS. The company’s revenue was down 17.6% on a year-over-year basis. On average, analysts expect that Dorian LPG will post ($0.44) earnings per share for the current fiscal year.
In other Dorian LPG news, insider John C. Hadjipateras sold 250,000 shares of the firm’s stock in a transaction on Wednesday, July 12th. The stock was sold at an average price of $7.55, for a total transaction of $1,887,500.00. Following the transaction, the insider now owns 2,037,020 shares in the company, valued at approximately $15,379,501. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 26.50% of the stock is owned by company insiders.
TRADEMARK VIOLATION NOTICE: “Dorian LPG (LPG) Given Coverage Optimism Score of -0.03” was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another domain, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The legal version of this piece can be read at https://www.thecerbatgem.com/2017/09/06/dorian-lpg-lpg-given-coverage-optimism-score-of-0-03.html.
About Dorian LPG
Dorian LPG Ltd. is a holding company. The Company, through its subsidiaries, is focused on owning and operating very large gas carrier (VLGCs) in the liquefied petroleum gas (LPG) shipping industry. The Company is engaged in the transportation of LPG across the world through its ownership and operation of LPG tankers.
Receive News & Stock Ratings for Dorian LPG Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dorian LPG Ltd. and related stocks with our FREE daily email newsletter.