Dynagas LNG (DLNG) closed at $2.17 within the newest buying and selling session, marking no change
Dynagas LNG (DLNG) closed at $2.17 within the newest buying and selling session, marking no change from the prior day. This transfer was narrower than the S&P 500’s each day lack of 1.21%. In the meantime, the Dow misplaced 0.59%, and the Nasdaq, a tech-heavy index, misplaced 2.45%.
Heading into immediately, shares of the gasoline delivery firm had misplaced 9.96% over the previous month, lagging the Transportation sector’s lack of 3.22% and the S&P 500’s lack of 0.71% in that point.
DLNG shall be seeking to show power because it nears its subsequent earnings launch. In the meantime, the Zacks Consensus Estimate for income is projecting web gross sales of $33.46 million, down 2.63% from the year-ago interval.
DLNG’s full-year Zacks Consensus Estimates are calling for earnings of $0.71 per share and income of $134.49 million. These outcomes would symbolize year-over-year adjustments of +3450% and +2.74%, respectively.
Traders must also observe any current adjustments to analyst estimates for DLNG. These revisions assist to point out the ever-changing nature of near-term enterprise traits. With this in thoughts, we will think about optimistic estimate revisions an indication of optimism in regards to the firm’s enterprise outlook.
Analysis signifies that these estimate revisions are straight correlated with near-term share value momentum. Traders can capitalize on this through the use of the Zacks Rank. This mannequin considers these estimate adjustments and gives a easy, actionable ranking system.
The Zacks Rank system, which ranges from #1 (Sturdy Purchase) to #5 (Sturdy Promote), has a formidable outside-audited observe report of outperformance, with #1 shares producing a mean annual return of +25% since 1988. Throughout the previous 30 days, our consensus EPS projection remained stagnant. DLNG is presently sporting a Zacks Rank of #2 (Purchase).
Taking a look at its valuation, DLNG is holding a Ahead P/E ratio of three.08. Its trade sports activities a mean Ahead P/E of 27.39, so we one may conclude that DLNG is buying and selling at a reduction comparatively.
The Transportation – Providers trade is a part of the Transportation sector. This group has a Zacks Trade Rank of 117, placing it within the prime 47% of all 250+ industries.
The Zacks Trade Rank consists of is listed so as from greatest to worst by way of the common Zacks Rank of the person firms inside every of those sectors. Our analysis exhibits that the highest 50% rated industries outperform the underside half by an element of two to 1.
Make sure that to make the most of Zacks. Com to observe all of those stock-moving metrics, and extra, within the coming buying and selling classes.
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Dynagas LNG Companions LP (DLNG): Free Inventory Evaluation Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.