
Dorian LPG (LPG) Stock Forecast & Price Target
Dorian LPG (LPG) Analyst Ratings
Bulls say
Dorian LPG Ltd. is anticipated to experience an uptick in financial performance following a period of stable yet improving VLGC spot rates, with projections indicating an increase to an average of $37,000/day and expected profitability reflected in an EPS of $0.56. The company's robust financial positioning is reinforced by its cash balance, providing the flexibility to either expand its fleet or return capital to shareholders, evidenced by its consistent dividend payout of at least $1 per share for twelve consecutive quarters. Furthermore, with historical averages suggesting VLGC spot rates could reach approximately $100,000/day and ongoing developments in capacity and Panama Canal operations, Dorian LPG is strategically positioned to capitalize on future market opportunities.
Bears say
Dorian LPG's financial performance shows a declining trend in key metrics, with realized time charter equivalent (TCE) rates decreasing to $36,071/day from the previous quarter's $37,010/day, indicating pressure from softening market conditions. Additionally, the company's average earning rates for its Helios Pool VLGC, which fell to $33,242/day from $38,109/day, further reflect challenges in the broader shipping market. The irregular dividend announcement, reduced to $0.70/share from $1.00/share, highlights concerns over sustaining cash return to shareholders amidst fluctuating earnings and increased general and administrative expenses.
This aggregate rating is based on analysts' research of Dorian LPG and is not a guaranteed prediction by Public.com or investment advice.
Dorian LPG (LPG) Analyst Forecast & Price Prediction
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