UGI Corp (NYSE:UGI) Receives $58.00 Consensus PT from Analysts
Shares of UGI Corp (NYSE:UGI) have been assigned a consensus rating of “Hold” from the six ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $58.25.
A number of equities research analysts have weighed in on UGI shares. Barclays set a €81.00 ($94.19) target price on shares of Fresenius Medical Care AG & Co. KGaA and gave the company a “buy” rating in a research note on Thursday. Zacks Investment Research lowered shares of Wix.Com from a “hold” rating to a “sell” rating in a research note on Monday, April 8th. Bank of America boosted their target price on shares of Stagecoach Group from GBX 160 ($2.09) to GBX 190 ($2.48) and gave the company an “outperform” rating in a research note on Wednesday, April 3rd. Jefferies Financial Group reiterated a “hold” rating and set a GBX 4,380 ($57.23) target price on shares of Unilever in a research note on Friday, April 5th. Finally, ValuEngine upgraded shares of Xylem from a “hold” rating to a “buy” rating in a research note on Friday, June 21st.
In other news, CEO John L. Walsh sold 50,000 shares of the company’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of $54.19, for a total value of $2,709,500.00. Following the completion of the sale, the chief executive officer now directly owns 502,226 shares in the company, valued at approximately $27,215,626.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frank S. Hermance acquired 100,000 shares of UGI stock in a transaction dated Friday, May 10th. The stock was bought at an average price of $54.10 per share, with a total value of $5,410,000.00. Following the completion of the purchase, the director now directly owns 250,000 shares in the company, valued at $13,525,000. The disclosure for this purchase can be found here. Insiders sold a total of 84,671 shares of company stock valued at $4,545,613 over the last 90 days. 2.40% of the stock is currently owned by company insiders.
UGI stock traded down $0.29 during midday trading on Monday, hitting $49.99. The company’s stock had a trading volume of 889,374 shares, compared to its average volume of 1,148,318. The stock has a market capitalization of $8.76 billion, a P/E ratio of 18.24, a PEG ratio of 2.68 and a beta of 0.61. UGI has a 12 month low of $49.87 and a 12 month high of $59.31. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.10 and a current ratio of 1.23. The business has a 50-day simple moving average of $52.77.
UGI (NYSE:UGI) last released its quarterly earnings data on Monday, May 6th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.56 by ($0.13). The business had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.59 billion. UGI had a net margin of 5.14% and a return on equity of 10.31%. On average, equities analysts predict that UGI will post 2.35 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Friday, June 14th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.40%. This is a positive change from UGI’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Thursday, June 13th. UGI’s dividend payout ratio is 43.80%.
UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.7 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,900 propane distribution locations; and sells, installs, and services propane appliances, including heating systems and propane-powered generators.
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