This is why UGI Corp. (UGI) Stock is one of the options for the Longer run

A share price of UGI Corp. [UGI] is currently trading at $24.79, down -1.24%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The UGI shares have gain 3.25% over the last week, with a monthly amount drifted -0.44%, and not seem to be holding up well over a long-time horizon.

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On 3, April 2024, UGI Corporation to Hold 2QFY24 Earnings Conference Call and Webcast on Thursday, May 2. In a post published today on Yahoo Finance, UGI Corporation (NYSE: UGI) will announce the results of its second fiscal quarter earnings after the market closes on May 1, 2024. The company will hold a live internet audio webcast of its conference call to discuss results and other current activities at 9:00 AM ET on Thursday, May 2.

From an analyst’s perspective:

UGI Corp. [NYSE: UGI] stock has seen the most recent analyst activity on March 14, 2024, when Wells Fargo downgraded its rating to a Equal Weight and also boosted its price target to $28 from $27. Previously, Wells Fargo upgraded its rating to Overweight on August 28, 2023, and dropped its price target to $27. On April 26, 2023, Mizuho initiated with a Neutral rating and assigned a price target of $38 on the stock. Barclays downgraded its rating to a Underweight and increased its price target to $39 on January 18, 2023. BofA Securities downgraded its rating to a Underperform and reduced its price target to $41 on November 23, 2022. BofA Securities downgraded its rating to Neutral for this stock on March 07, 2022, and downed its price target to $38. In a note dated October 20, 2021, Wells Fargo initiated an Equal Weight rating and provided a target price of $46 on this stock.

UGI Corp. experienced fluctuations in its stock price throughout the past year between $20.19 and $35.47. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. UGI Corp. [NYSE: UGI] shares were valued at $24.79 at the most recent close of the market. An investor can expect a potential return of 61.36% based on the average UGI price forecast.

Analyzing the UGI fundamentals

Trailing Twelve Months sales for UGI Corp. [NYSE:UGI] were 8.28B which represents -48.44% decline. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.1 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.67.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.45 points at the first support level, and at 24.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.42, and for the 2nd resistance point, it is at 26.05.

UGI Corp. [UGI] reported earnings per share of $1.2 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.05/share, meaning a difference of $0.15 and a surprise factor of 14.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.03 per share as compared to estimates of -$0.06 per share, a difference of $0.09 representing a surprise of 150.00%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for UGI Corp. [NYSE:UGI] is 0.98. In addition, the Quick Ratio stands at 0.79 and the Cash Ratio stands at 0.09. Considering the valuation of this stock, the price to sales ratio is 0.63, the price to book ratio is 1.23.

Transactions by insiders

Recent insider trading involved Perreault Roger, President & CEO, that happened on May 24 ’23 when 3565.0 shares were purchased.

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