The stock of UGI Corporation (NYSE:UGI) decreased by -$0.72 on Tuesday to finish at $22.99, down -3.04 percent. The last five days have seen an average of 2,883,520 shares of common stock traded. 8 times new highs were reached in the current year, with a fall of -$14.08. The average number of shares traded over the last 20 days was 2,772,545, while the average volume over the last 50 days totaled 2,353,478.
UGI stock dropped -11.30% since last month. On 08/15/23, the company’s shares reached a one-month low of $22.99. The stock touched a high of $43.19 on 02/02/23, after rallying from a low of $23.26 in 52 weeks. The price of UGI stock has declined by -37.98% or -$14.08 this year, reaching a new high 8 times. Still, the stock price is down -46.77% from the 52-week high.
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Insider Transactions
UGI stock investors should be aware that UGI Corporation (UGI) stock had its last reported insider trading activity 84 days ago on May 24. On May 24, President & CEO Perreault Roger acquired 3,565 shares at $27.98 each. This transaction resulted in the insider spending $99,749. On Dec 01, HERMANCE FRANK S sold 12,750 shares at a price of US$38.84. After the transaction, the insider now owns 465,000 shares. VP, Gen. Counsel & Secretary Gaudiosi Monica M had earlier sold 75,000 shares on Nov 01 for $35.31 a share. The transaction was completed for $2,648,250.
Valuation Metrics
Beta for the stock is 1.09. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.50, the price-to-book (PB) ratio of 1.15.
Company paid $0.3750 per share in dividends, remained unchanged from $0.3750 last year.
Financial Health
For the three months ended June 29, UGI Corporation’s quick ratio was 0.80, while its current ratio was 1.00, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.57, and the total debt to equity ratio is 1.70. As far as profitability goes, gross margin for the trailing twelve months is 22.00% percent. UGI Corporation’s EBITDA margin for the year ended June 29 was 9.55%, whereas its operating margin stood at -14.70% for the same period. Based on annual data, it had gross profit of $1.67 billion and revenue of $10.11 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. UGI’s return on assets (ROA) during the last 12 months has been -8.40%. There was a 10.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -27.60%.
Earnings Surprise
According to UGI Corporation’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.66 billion, while revenues fell by -22.54% to $3.11 billion. It was predicted that UGI Corporation’s quarterly earnings would be $0, but it ended up being $0.02. EBITDA was $50.0 million for the quarter. At the end of UGI Corporation’s most recent quarter ended June 29, its liabilities totaled 10.87 billion, while its total debt was $7.12 billion. Equity owned by shareholders amounts to $209.48 million.
Technical Picture
Here’s a quick look at UGI Corporation’s (UGI) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 27.12%, suggesting the stock is oversold, with a 34.53% historical volatility rate.
The stochastic %K and %D were 10.80% and 12.23% respectively, while the average true range (ATR) was 0.84. Based on the 14-day stochastic reading of 0.00%, the RSI (14) reading is 30.79%. On the 9-day MACD Oscillator, the stock is at -0.52, and the 14-day reading is at -1.41.
Analyst Ratings
In its analyst report released on April 26, 2023, Mizuho began covering UGI Corporation (NYSE: UGI). The stock was rated as a Neutral by the brokerage firm. Analysts have assigned UGI Corporation (UGI) an Hold rating. UGI is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.
What is UGI’s price target for the next 12 months?
The current consensus forecast for the stock is between $24.00 and $60.00, with a median target price of $30.50. In analyzing these forecasts, the average price target given by analysts for UGI Corporation (UGI) is $36.25.
