Shares of Ultrapar Participações S.A. (NYSE:UGP – Get Free Report) have been assigned a consensus recommendation of “Hold” from the six research firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $4.25.
Several analysts have recently issued reports on the stock. StockNews.com lowered shares of Ultrapar Participações from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 10th. HSBC upgraded Ultrapar Participações from a “reduce” rating to a “hold” rating in a report on Friday, July 19th. Hsbc Global Res upgraded Ultrapar Participações from a “strong sell” rating to a “hold” rating in a research report on Friday, July 19th. The Goldman Sachs Group decreased their price objective on Ultrapar Participações from $5.90 to $5.20 and set a “neutral” rating on the stock in a report on Tuesday, July 23rd. Finally, Citigroup upgraded shares of Ultrapar Participações from a “neutral” rating to a “buy” rating in a research report on Friday, June 14th.
View Our Latest Research Report on UGP
Institutional Trading of Ultrapar Participações
Ultrapar Participações Stock Up 1.9 %
Shares of UGP opened at $4.44 on Tuesday. The company has a current ratio of 1.55, a quick ratio of 1.16 and a debt-to-equity ratio of 0.77. The firm has a market cap of $4.95 billion, a P/E ratio of 9.25, a PEG ratio of 3.51 and a beta of 1.64. The stock’s 50 day moving average is $4.09 and its two-hundred day moving average is $4.93. Ultrapar Participações has a 12 month low of $3.39 and a 12 month high of $6.34.
Ultrapar Participações (NYSE:UGP – Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The oil and gas company reported $0.08 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.08. The firm had revenue of $6.21 billion for the quarter. Ultrapar Participações had a net margin of 2.21% and a return on equity of 20.24%. Analysts predict that Ultrapar Participações will post 0.3 earnings per share for the current fiscal year.
Ultrapar Participações Cuts Dividend
The business also recently disclosed a semi-annual dividend, which will be paid on Tuesday, September 3rd. Investors of record on Monday, August 19th will be given a dividend of $0.0446 per share. The ex-dividend date is Monday, August 19th. This represents a yield of 2.7%. Ultrapar Participações’s payout ratio is 16.67%.
About Ultrapar Participações
Ultrapar Participações SA, through its subsidiaries, operates in the energy and infrastructure business in Brazil. The company distributes liquefied petroleum gas to residential, commercial, and industrial consumers, in addition to renewable electricity and compressed natural gas. It also operates in the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants; and holds AmPm convenience stores and provides JetOil lubricant services.
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