Dorian LPG (LPG) Set to Announce Quarterly Earnings on Friday

Dorian LPG (NYSE:LPG) is scheduled to issue its quarterly earnings data before the market opens on Friday, June 15th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter.

LPG stock traded down $0.03 on Thursday, reaching $8.38. The company’s stock had a trading volume of 924 shares, compared to its average volume of 307,430. Dorian LPG has a 12-month low of $6.20 and a 12-month high of $8.79. The firm has a market capitalization of $479.59 million, a price-to-earnings ratio of -15.56 and a beta of 1.00. The company has a quick ratio of 0.63, a current ratio of 0.65 and a debt-to-equity ratio of 0.62.

LPG has been the subject of a number of research analyst reports. ValuEngine raised Dorian LPG from a “sell” rating to a “hold” rating in a research note on Thursday, May 31st. Zacks Investment Research raised Dorian LPG from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $8.75.

In related news, CEO John Lycouris sold 6,000 shares of the firm’s stock in a transaction on Friday, April 13th. The stock was sold at an average price of $8.00, for a total value of $48,000.00. Following the completion of the sale, the chief executive officer now owns 216,065 shares of the company’s stock, valued at $1,728,520. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 26.50% of the company’s stock.

About Dorian LPG

Dorian LPG Ltd. operates as a liquefied petroleum gas (LPG) shipping company worldwide. The company engages in the transportation of LPG. It primarily serves energy companies and commodity traders through its fleet of 22 very large gas carriers with an aggregate carrying capacity of approximately 1.8 million cubic meters.

Earnings History for Dorian LPG (NYSE:LPG)

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