After finishing at $6.20 in the prior trading day, Ultrapar Participacoes S.A. ADR (NYSE: UGP) closed at $5.92, down -4.52%. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 3102412 shares were traded.
Ratios:
Our goal is to gain a better understanding of UGP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.70. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 0.89.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on September 21, 2023, initiated with a Underperform rating and assigned the stock a target price of $3.30.
On September 13, 2023, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $4.50 to $4.
HSBC Securities Downgraded its Buy to Hold on June 23, 2023, whereas the target price for the stock was revised from $3 to $3.80.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UGP now has a Market Capitalization of 6.74B and an Enterprise Value of 8.30B. As of this moment, Ultrapar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.28, and their Forward P/E ratio for the next fiscal year is 15.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 2.55. Its current Enterprise Value per Revenue stands at 0.06 whereas that against EBITDA is 1.42.
Stock Price History:
Over the past 52 weeks, UGP has reached a high of $6.34, while it has fallen to a 52-week low of $2.41. The 50-Day Moving Average of the stock is 5.69, while the 200-Day Moving Average is calculated to be 4.42.
Shares Statistics:
The stock has traded on average 1.39M shares per day over the past 3-months and 1.8M shares per day over the last 10 days, according to various share statistics. A total of 1.10B shares are outstanding, with a floating share count of 1.10B. Shares short for UGP as of Feb 15, 2024 were 1.52M with a Short Ratio of 1.09, compared to 1.77M on Jan 12, 2024.
Dividends & Splits
In the trailing 12 months, UGP’s forward annual dividend rate was 0.35, compared to 0.05 this year. Against a Trailing Annual Dividend Yield of 5.68%, it implies a Forward Annual Dividend Yield of 1.13%. The stock’s 5-year Average Dividend Yield is 2.99. The current Payout Ratio is 24.76% for UGP, which recently paid a dividend on Sep 05, 2023 with an ex-dividend date of Aug 18, 2023. Stock splits for the company last occurred on Apr 25, 2019 when the company split stock in a 2:1 ratio.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.12 and a low estimate of $0.09, while EPS last year was $0.14. The consensus estimate for the next quarter is $0.09, with high estimates of $0.1 and low estimates of $0.09.
Analysts are recommending an EPS of between $0.37 and $0.34 for the fiscal current year, implying an average EPS of $0.35. EPS for the following year is $0.32, with 3 analysts recommending between $0.43 and $0.19.
Revenue Estimates
2 analysts predict $6.52B in revenue for the current quarter. It ranges from a high estimate of $6.95B to a low estimate of $6.08B. As of the current estimate, Ultrapar Participacoes S.A. ADR’s year-ago sales were $6.84B, an estimated decrease of -4.70% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $6.1B, an increase of 3.80% over than the figure of -$4.70% in the same quarter last year. There is a high estimate of $6.2B for the next quarter, whereas the lowest estimate is $6B.
A total of 3 analysts have provided revenue estimates for UGP’s current fiscal year. The highest revenue estimate was $27.88B, while the lowest revenue estimate was $24.88B, resulting in an average revenue estimate of $26.16B. In the same quarter a year ago, actual revenue was $28.46B, down -8.10% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $25.7B in the next fiscal year. The high estimate is $26.95B and the low estimate is $23.99B. The average revenue growth estimate for next year is down -1.80% from the average revenue estimate for this year.
