UGI (UGI) Scheduled to Post Earnings on Wednesday

UGI (NYSE:UGI) will be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce 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 quarterly earnings results on Wednesday, January 31st. The utilities provider reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.08. The company had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $2.98 billion. UGI had a positive return on equity of 14.09% and a negative net margin of 5.48%. On average, analysts expect UGI to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

UGI Stock Performance

Shares of UGI stock opened at $25.53 on Wednesday. The stock has a market cap of $5.35 billion, a PE ratio of -11.60 and a beta of 1.16. The business has a 50-day simple moving average of $24.46 and a 200-day simple moving average of $23.29. The company has a quick ratio of 0.79, a current ratio of 0.98 and a debt-to-equity ratio of 1.59. UGI has a 52-week low of $20.19 and a 52-week high of $35.14.

UGI Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 15th were paid a $0.375 dividend. The ex-dividend date was Thursday, March 14th. This represents a $1.50 annualized dividend and a dividend yield of 5.88%. UGI’s dividend payout ratio is presently -68.18%.

Wall Street Analyst Weigh In

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

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.