Market Update: UGI Corp. (UGI) Sees Positive Movement, Closing at 24.35

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

In the latest session, UGI Corp. (NYSE: UGI) closed at $24.35 up 0.21% from its previous closing price of $24.30. In other words, the price has increased by $0.21 from its previous closing price. On the day, 2.87 million shares were traded. UGI stock price reached its highest trading level at $24.8 during the session, while it also had its lowest trading level at $24.2.

Ratios:

For a deeper understanding of UGI Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.48 whereas as Long-Term Debt/Eq ratio is at 1.40.

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 the company, Wells Fargo on March 14, 2024, Downgraded its rating to Equal Weight and sets its target price to $28 from $27 previously.

On August 28, 2023, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also lowered its target price recommendation from $28 to $27.

On April 26, 2023, Mizuho started tracking the stock assigning a Neutral rating and target price of $38.Mizuho initiated its Neutral rating on April 26, 2023, with a $38 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 24 ’23 when Perreault Roger bought 3,565 shares for $27.98 per share. The transaction valued at 99,749 led to the insider holds 41,125 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UGI now has a Market Capitalization of 5104295936 and an Enterprise Value of 12134306816. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 1.586 whereas that against EBITDA is 7.341.

Stock Price History:

Over the past 52 weeks, UGI has reached a high of $32.50, while it has fallen to a 52-week low of $20.19. The 50-Day Moving Average of the stock is -1.12%, while the 200-Day Moving Average is calculated to be 3.20%.

Shares Statistics:

For the past three months, UGI has traded an average of 2.09M shares per day and 2632290 over the past ten days. A total of 209.50M shares are outstanding, with a floating share count of 208.65M. Insiders hold about 0.46% of the company’s shares, while institutions hold 83.07% stake in the company. Shares short for UGI as of 1713139200 were 5031130 with a Short Ratio of 2.40, compared to 1710460800 on 4263574. Therefore, it implies a Short% of Shares Outstanding of 5031130 and a Short% of Float of 3.2300000000000004.

Dividends & Splits

According to the company, the forward annual dividend rate for UGI is 1.50, from 1.5 in the trailing year. Against a Trailing Annual Dividend Yield of 0.061728396The stock’s 5-year Average Dividend Yield is 3.91.

Most Popular

[the_ad id="945"]