Dorian LPG Ltd. (LPG) is growing and ready for the future.
The liquified natural gas transporter expanded its fleet and has a strong financial position with $294 million on hand and no debt refinancings in the pipeline until 2026. LPG also reported record net income and declared its eighth straight quarterly dividend of $1 per share.
It’s no surprise LPG shares have gained 15% this year – and there could be more on deck. Based on MAPsignals data, investors are betting heavily on the forward picture of the stock.
Institutional volumes reveal plenty. In the last year, LPG has enjoyed heavy Big Money buying, which we believe to be institutional accumulation.
Each of the green bars signal unusually large volumes in LPG shares, pushing the stock higher:
Plenty of energy names are under accumulation right now. But when you dive into the fundamentals, there’s a special tailwind going on with Dorian LPG.
Institutional support coupled with a healthy fundamental backdrop makes this company worth investigating. As you can see, LPG has had strong sales and EPS growth:
Source: FactSet
The one-year EPS outlook is estimated to increase by +8.2%.
Now it makes sense why the stock has been powering to new heights. LPG is gaining due to its strong financial performance.
Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.
LPG has recently been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s made the rare Top 20 report multiple times in the last year. The blue bars below show when LPG was a top pick…sending the price upward.
Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit. Today’s money flows often reveal tomorrow’s leaders.
The LPG rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no position in LPG at the time of publication.
If you are a Registered Investment Advisor (RIA) or a serious investor looking to take your investing to the next level, learn more about the MAPsignals process here.
Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.