UGI (UGI) Scheduled to Post Quarterly Earnings on Wednesday

UGI (NYSE:UGI) will be releasing its earnings data after the market closes on Wednesday, May 1st. Analysts expect UGI to post earnings of $1.65 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

UGI (NYSE:UGI) last issued its earnings results on Wednesday, January 31st. The utilities provider reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.08. UGI had a positive return on equity of 14.09% and a negative net margin of 5.48%. The company had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $2.98 billion. On average, analysts expect UGI to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

UGI Stock Up 1.3 %

NYSE UGI opened at $25.72 on Tuesday. The business’s fifty day simple moving average is $24.58 and its 200-day simple moving average is $23.41. The company has a quick ratio of 0.79, a current ratio of 0.98 and a debt-to-equity ratio of 1.59. The firm has a market cap of $5.39 billion, a PE ratio of -11.69 and a beta of 1.16. UGI has a 52 week low of $20.19 and a 52 week high of $34.26.

UGI Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 15th were paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date was Thursday, March 14th. UGI’s dividend payout ratio (DPR) is presently -68.18%.

Analysts Set New Price Targets

Several research firms have issued reports on UGI. Mizuho raised their target price on UGI from $26.00 to $27.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 17th. StockNews.com downgraded shares of UGI from a “buy” rating to a “hold” rating in a report on Thursday, April 18th. Wells Fargo & Company cut UGI from an “overweight” rating to an “equal weight” rating and upped their price target for the stock from $27.00 to $28.00 in a research note on Thursday, March 14th. Finally, TheStreet raised UGI from a “d+” rating to a “c-” rating in a research note on Wednesday, February 21st.

UGI Company Profile

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.