Alert: Positive Investment/Fundamental Signals (11/22/23)-Dorian LPG Ltd (NYSE: LPG)


Recent significant positive changes in fundamentals have benefitted Dorian LPG Ltd (NYSE: LPG): the consensus estimate for March, 2024 increased significantly, the consensus estimate for March, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

Recent meaningful positive changes in investment behavior have benefitted Dorian LPG Ltd (NYSE: LPG): positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, LPG 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 77 and a very high Power Rating of 100, with the Highest Value Trend Rating the result.

Recent Price Action

On 11/22/23, Dorian LPG Ltd (NYSE: LPG) stock rose modestly by 0.7%, closing at $42.30. The stock has been exceptionally strong relative to the market over the last nine months and has risen 14.3% during the last week.

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