We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Dorian LPG (LPG) Stock Dips While Market Gains: Key Facts
Read MoreHide Full Article
Dorian LPG (LPG - Free Report) closed the most recent trading day at $28.38, moving -1.87% from the previous trading session. This change lagged the S&P 500's daily gain of 0.14%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.27%.
The liquified petroleum gas shipping company's shares have seen an increase of 15.45% over the last month, surpassing the Transportation sector's gain of 3.94% and the S&P 500's gain of 3.97%.
Market participants will be closely following the financial results of Dorian LPG in its upcoming release.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.95 per share and revenue of $346.15 million, indicating changes of +29.96% and -1.07%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Dorian LPG should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 23.43% upward. Right now, Dorian LPG possesses a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, Dorian LPG is holding a Forward P/E ratio of 9.8. This represents a premium compared to its industry average Forward P/E of 9.26.
The Transportation - Shipping industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 27, which puts it in the top 11% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Dorian LPG (LPG) Stock Dips While Market Gains: Key Facts
Dorian LPG (LPG - Free Report) closed the most recent trading day at $28.38, moving -1.87% from the previous trading session. This change lagged the S&P 500's daily gain of 0.14%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.27%.
The liquified petroleum gas shipping company's shares have seen an increase of 15.45% over the last month, surpassing the Transportation sector's gain of 3.94% and the S&P 500's gain of 3.97%.
Market participants will be closely following the financial results of Dorian LPG in its upcoming release.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.95 per share and revenue of $346.15 million, indicating changes of +29.96% and -1.07%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Dorian LPG should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 23.43% upward. Right now, Dorian LPG possesses a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, Dorian LPG is holding a Forward P/E ratio of 9.8. This represents a premium compared to its industry average Forward P/E of 9.26.
The Transportation - Shipping industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 27, which puts it in the top 11% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.