The price of Ultrapar Participacoes S.A. ADR (NYSE:UGP) shares last traded on Wall Street rose 0.27% to $3.67.
Based on available information, 11 analysts follow Ultrapar Participacoes S.A. ADR (NYSE:UGP). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $4.50 and a low of $3.42, we find $4.08. Given the previous closing price of $3.66, this indicates a potential upside of 11.48 percent. UGP stock price is now -2.97% away from the 50-day moving average and 16.39% away from the 200-day moving average. The market capitalization of the company currently stands at $4.02B.
Among analysts, 7 rate the stock a hold while 2 rate it a buy. Brokers who have rated the stock have averaged $3.96 as their price target over the next twelve months.
With the price target of $3.30, Jefferies recently initiated with Underperform rating for Ultrapar Participacoes S.A. ADR (NYSE: UGP).
There have been several recent changes in the stakes of large investors in UGP stock. A new stake in Ultrapar Participacoes S.A. ADR shares was purchased by CITIGROUP INC during the first quarter worth $2,491,000. RHUMBLINE ADVISERS invested $1,469,000 in shares of UGP during the first quarter. In the first quarter, POLUNIN CAPITAL PARTNERS LTD acquired a new stake in Ultrapar Participacoes S.A. ADR valued at approximately $362,000. FIRST TRUST DIRECT INDEXING L.P. acquired a new stake in UGP for approximately $168,000. VIRTU FINANCIAL LLC purchased a new stake in UGP valued at around $86,000 in the second quarter. In total, there are 124 active investors with 3.68% ownership of the company’s stock.
A candlestick chart of Ultrapar Participacoes S.A. ADR (NYSE: UGP) showed a price of $3.7000 on Friday morning. During the past 12 months, Ultrapar Participacoes S.A. ADR has had a low of $2.13 and a high of $4.11. As of last week, the company has a debt-to-equity ratio of 1.18, a current ratio of 1.97, and a quick ratio of 1.53. According to the stock market information, the enterprise value for the company is $5.75B, which is based on a 15.30 price-to-earnings ratio, a 0.64 price-to-earnings-growth ratio, and a beta of 1.25. The fifty day moving average price for UGP is $3.7778 and a two-hundred day moving average price translates $3.1598 for the stock.
The latest earnings results from Ultrapar Participacoes S.A. ADR (NYSE: UGP) was released for Jun, 2023. According to the Oil & Gas Refining & Marketing Company, earnings per share came in at $0.04, missing analysts’ expectations of $0.05 by -0.01. This compares to $0.01 EPS in the same period last year. The net profit margin was 1.01% and return on equity was 12.41% for UGP. The company reported revenue of $5.98 billion for the quarter, compared to $7.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.23 percent. For the current quarter, analysts expect UGP to generate $6.03B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 09/05/2023. Investors who held shares on 08/21/2023 were paid a $0.051566 dividend. On an annualized basis, this represents a $0.13 dividend and a 3.53% percent yield. There was an ex-dividend date of 08/18/2023 for this dividend. In terms of dividend payout ratio, UGP is presently at 24.76%.
Ultrapar Participacoes S.A. ADR(UGP) Company Profile
Ultrapar Participações S.A. operates in the energy and infrastructure business in in Brazil, Europe, Singapore, the United States, Canada, other Latin American countries, and internationally. The company distributes liquefied petroleum gas to residential, commercial, and industrial consumers; and renewable electricity and compressed natural gas. It also distributes and markets gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants; holds AmPm convenience stores; and provides lubricant-changing and automotive specialized services. In addition, the company operates liquid bulk storage terminals. Further, it offers digital payments services, combining the abastece aí app and the loyalty program Km de Vantagens. The company was founded in 1937 and is headquartered in São Paulo, Brazil.
