UGI (UGI) to Release Quarterly Earnings on Wednesday

UGI (NYSE:UGIGet Rating) will be announcing its earnings results after the market closes on Wednesday, May 4th. Analysts expect the company to announce earnings of $2.20 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

UGI (NYSE:UGIGet Rating) last released its quarterly earnings data on Wednesday, February 2nd. The utilities provider reported $0.93 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.23 by ($0.30). UGI had a return on equity of 11.55% and a net margin of 13.03%. The business had revenue of $2.67 billion during the quarter, compared to analysts’ expectations of $2.23 billion. During the same period last year, the company earned $1.18 earnings per share. On average, analysts expect UGI to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NYSE:UGI opened at $35.68 on Wednesday. UGI has a 1-year low of $33.04 and a 1-year high of $48.55. The company has a 50-day moving average of $36.20 and a 200 day moving average of $41.43. The firm has a market cap of $7.49 billion, a PE ratio of 7.12, a price-to-earnings-growth ratio of 1.69 and a beta of 1.02. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.33 and a quick ratio of 1.12.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 1st. Investors of record on Tuesday, March 15th were paid a $0.345 dividend. This represents a $1.38 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date was Monday, March 14th. UGI’s dividend payout ratio (DPR) is presently 27.54%.

Several analysts have commented on UGI shares. TheStreet lowered shares of UGI from a “b” rating to a “c+” rating in a research report on Monday, February 7th. Bank of America lowered shares of UGI from a “buy” rating to a “neutral” rating and decreased their price target for the company from $46.00 to $38.00 in a research report on Monday, March 7th. StockNews.com started coverage on shares of UGI in a research report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Barclays decreased their price target on shares of UGI from $45.00 to $40.00 in a research report on Tuesday, March 22nd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $42.25.

In related news, Director Frank S. Hermance acquired 65,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 16th. The stock was purchased at an average cost of $38.15 per share, with a total value of $2,479,750.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 2.00% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Allstate Corp increased its holdings in UGI by 2.5% in the 4th quarter. Allstate Corp now owns 16,157 shares of the utilities provider’s stock worth $742,000 after buying an additional 389 shares during the period. LPL Financial LLC increased its holdings in UGI by 1.7% in the 4th quarter. LPL Financial LLC now owns 50,316 shares of the utilities provider’s stock worth $2,310,000 after buying an additional 858 shares during the period. Neo Ivy Capital Management acquired a new position in UGI in the 4th quarter worth approximately $69,000. Vident Investment Advisory LLC grew its stake in shares of UGI by 4.1% during the 4th quarter. Vident Investment Advisory LLC now owns 48,511 shares of the utilities provider’s stock worth $2,229,000 after purchasing an additional 1,929 shares during the period. Finally, Advisors Asset Management Inc. grew its stake in shares of UGI by 6.7% during the 4th quarter. Advisors Asset Management Inc. now owns 30,904 shares of the utilities provider’s stock worth $1,419,000 after purchasing an additional 1,946 shares during the period. Institutional investors own 77.45% of the company’s stock.

About UGI (Get Rating)

UGI Corporation 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 1.4 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,600 propane distribution location.

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Earnings History for UGI (NYSE:UGI)

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