Media coverage about Dorian LPG (NYSE:LPG) has been trending somewhat negative on Friday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dorian LPG earned a coverage optimism score of -0.02 on Accern’s scale. Accern also gave press coverage about the shipping company an impact score of 46.4875351565824 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
LPG has been the topic of several research analyst reports. ValuEngine upgraded shares of Dorian LPG from a “sell” rating to a “hold” rating in a research report on Saturday, July 22nd. Pareto Securities upgraded shares of Dorian LPG from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a report on Monday, June 12th. BidaskClub lowered shares of Dorian LPG from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Zacks Investment Research lowered shares of Dorian LPG from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. Finally, UBS AG set a $8.00 price target on shares of Dorian LPG and gave the stock a “buy” rating in a research note on Saturday, June 17th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $10.00.
Shares of Dorian LPG (NYSE:LPG) traded down 0.76% during trading on Friday, hitting $7.88. 44,927 shares of the company’s stock were exchanged. Dorian LPG has a one year low of $5.31 and a one year high of $12.50. The stock’s market cap is $426.12 million. The firm has a 50-day moving average price of $7.04 and a 200-day moving average price of $8.49.
Dorian LPG (NYSE:LPG) last announced its quarterly earnings data on Monday, July 31st. The shipping company reported ($0.16) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.16). The company had revenue of $41.00 million for the quarter, compared to analysts’ expectations of $37.65 million. Dorian LPG had a negative net margin of 4.33% and a negative return on equity of 4.16%. Dorian LPG’s revenue was down 17.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.06 EPS. Equities research analysts expect that Dorian LPG will post ($0.44) EPS for the current fiscal year.
In other Dorian LPG news, insider John C. Hadjipateras sold 250,000 shares of the business’s stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of $7.55, for a total transaction of $1,887,500.00. Following the sale, the insider now directly owns 2,037,020 shares in the company, valued at approximately $15,379,501. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 26.50% of the stock is currently owned by insiders.
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Dorian LPG Company Profile
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.
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