Dorian LPG (LPG) to Release Earnings on Tuesday

Dorian LPG (NYSE:LPG) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, August 4th. Individual that wish to register for the company’s earnings conference call can do so using this link.

Dorian LPG (NYSE:LPG) last issued its quarterly earnings data on Wednesday, May 27th. The shipping company reported $0.81 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.18. Dorian LPG had a net margin of 33.54% and a return on equity of 13.57%. The business had revenue of $95.20 million during the quarter.

Shares of LPG stock opened at $8.54 on Friday. Dorian LPG has a 52-week low of $6.08 and a 52-week high of $16.68. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.62 and a current ratio of 1.64. The company has a 50-day simple moving average of $7.83 and a two-hundred day simple moving average of $9.50. The company has a market capitalization of $434.09 million, a price-to-earnings ratio of 4.13 and a beta of 1.26.

A number of research firms have weighed in on LPG. DNB Markets upgraded shares of Dorian LPG from a “hold” rating to a “buy” rating and set a $9.00 target price on the stock in a research note on Wednesday, April 8th. TheStreet cut shares of Dorian LPG from a “b-” rating to a “c+” rating in a research note on Thursday, June 25th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $13.33.

Dorian LPG Company Profile

Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. It owns and operates very large gas carriers (VLGCs). As of June 26, 2018, its fleet consisted of 22 VLGCs with carrying capacity of approximately 1.8 million cubic meters.

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Earnings History for Dorian LPG (NYSE:LPG)

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