UGI (UGI) to Release Quarterly Earnings on Wednesday

UGI (NYSE:UGIGet Free Report) is expected to release its earnings data after the market closes on Wednesday, February 5th. Analysts expect UGI to post earnings of $1.21 per share and revenue of $2.65 billion for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

UGI Stock Performance

UGI stock opened at $30.42 on Wednesday. The firm has a market cap of $6.53 billion, a price-to-earnings ratio of 24.53 and a beta of 1.21. UGI has a twelve month low of $22.01 and a twelve month high of $30.93. The business’s fifty day simple moving average is $28.54 and its two-hundred day simple moving average is $25.79. The company has a quick ratio of 0.60, a current ratio of 0.80 and a debt-to-equity ratio of 1.48.

UGI Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 1st. Shareholders of record on Monday, December 16th were paid a $0.375 dividend. The ex-dividend date was Monday, December 16th. This represents a $1.50 dividend on an annualized basis and a yield of 4.93%. UGI’s dividend payout ratio is currently 120.97%.

Analysts Set New Price Targets

Several research analysts recently issued reports on UGI shares. Mizuho raised UGI from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $27.00 to $30.00 in a research note on Friday, November 15th. Wells Fargo & Company lifted their price objective on UGI from $26.00 to $27.00 and gave the company an “equal weight” rating in a report on Wednesday, October 16th. Finally, Jefferies Financial Group initiated coverage on shares of UGI in a report on Friday, November 22nd. They set a “buy” rating and a $28.00 target price on the stock. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $28.33.

View Our Latest Stock Analysis on UGI

About UGI

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UGI Corporation, together with its subsidiaries, 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 1.3 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,400 propane distribution locations.

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Earnings History for UGI (NYSE:UGI)

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