Does Wall Street Rate UGI Corporation (UGI) Shares A Buy?

As of Friday close, UGI Corporation’s (NYSE:UGI) stock was down -$0.13, moving down -0.54 percent to $24.15. The average number of shares traded per day over the past five days has been 2,393,840 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.28 fall in that time frame. In the last twenty days, the average volume was 3,627,605, while in the previous 50 days, it was 2,988,648.

Since last month, UGI stock rose 5.64%. Shares of the company fell to $22.44 on 08/25/23, the lowest level in the past month. A 52-week high of $43.19 was reached on 02/02/23 after having rallying from a 52-week low of $22.44. Since the beginning of this year, UGI’s stock price has dropped by -34.85% or -$12.92, and marked a new high 8 times. However, the stock has declined by -44.08% since its 52-week high.

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Sponsored

UGI stock investors should be aware that UGI Corporation (UGI) stock had its last reported insider trading activity 122 days ago on May 24. Perreault Roger, the President & CEO of the company, purchased of 3,565 shares for $27.98 on May 24. It resulted in a $99,749 investment by the insider. HERMANCE FRANK S sold 12,750 shares at an average price of $38.84 on Dec 01. The insider now owns 465,000 shares following the transaction. On Nov 01, VP, Gen. Counsel & Secretary Gaudiosi Monica M sold 75,000 shares at $35.31 apiece. The transaction was valued at $2,648,250.

Valuation Metrics

The stock’s beta is 1.07. Besides these, the trailing price-to-sales (P/S) ratio of 0.53, the price-to-book (PB) ratio of 1.21.

The latest dividend of $0.3750 per share was paid out, remained unchanged from last year’s $0.3750. On Wednesday May 3 2023, a $0.0150 dividend increase was announced.

Financial Health

In the three months ended June 29, UGI Corporation’s quick ratio stood at 0.80, while its current ratio was 1.00, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.57, and the total debt-to-equity ratio was 1.70. On the profitability front, the trailing twelve-month gross margin is 22.00% percent. In the year ended June 29, EBITDA margin amounted to 9.55%, whereas operating margins totaled -14.70%. Based on annual data, UGI earned $1.67 billion in gross profit and brought in $10.11 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 10.40%. Return on equity (ROE) for the past 12 months was -27.60%.

In UGI Corporation’s quarter-end financial report for June 29, it reported total debt of $6.58 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. UGI’s revenue fell -22.54% to $3.11 billion during the quarter, while net income inched up to $1.66 billion. While analysts expected UGI Corporation to report $0.02 quarterly earnings, the actual figure was $0 per share. During the quarter, the company generated $50.0 million in EBITDA. The liabilities of UGI Corporation were 10.87 billion at the end of its most recent quarter ended June 29, and its total debt was $7.12 billion. The value of shareholders’ equity is $209.48 million.

Technical Picture

This quick technical analysis looks at UGI Corporation’s (UGI) price momentum. With a historical volatility rate of 19.26%, the RSI 9-day stood at 49.12% on 22 September.

With respect to its five-day moving average, the current UGI Corporation price is down by -1.15% percent or -$0.28. At present, UGI shares trade +6.53% above its 20-day simple moving average and -28.59% percent below its 100-day simple moving average. However, the stock is currently trading approximately -10.82% below its SMA50 and -37.44% below its SMA200.

Stochastic coefficient K was 43.59% and Stochastic coefficient D was 47.61%, while ATR was 0.58. Given the Stochastic reading of 36.55% for the 14-day period, the RSI (14) reading has been calculated as 48.63%. As of today, the MACD Oscillator reading stands at 0.19, while the 14-day reading stands at 0.12.

Analyst Ratings

Wells Fargo upgraded its rating on UGI Corporation (NYSE: UGI) to an Overweight in a note to investors on August 28, 2023. The analysts firm previously had an Equal weight rating on the stock.UGI Corporation (UGI) has been rated Overweight by analysts. According to 0 brokerage firms, UGI is a sell, and 1 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate UGI Corporation stock as buy, with 2 recommending it as overweight.

With a median target price of $28.00, the current consensus forecast for the stock is $25.00 – $60.00. Based on these forecasts, analysts predict UGI Corporation (UGI) will achieve an average price target of $35.25.

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