UGI (UGI) to Release Quarterly Earnings on Wednesday

UGI (NYSE:UGI) will likely be releasing its earnings data after the market closes on Wednesday, February 5th. Analysts expect UGI to post earnings of $1.21 per share and revenue of $2.65 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

UGI Price Performance

UGI stock opened at $30.74 on Monday. The firm has a 50-day moving average of $28.94 and a two-hundred day moving average of $25.97. The firm has a market capitalization of $6.60 billion, a PE ratio of 24.79 and a beta of 1.21. The company has a current ratio of 0.80, a quick ratio of 0.60 and a debt-to-equity ratio of 1.48. UGI has a one year low of $22.01 and a one year high of $31.05.

UGI Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 1st. Investors of record on Monday, December 16th were given a $0.375 dividend. The ex-dividend date was Monday, December 16th. This represents a $1.50 annualized dividend and a dividend yield of 4.88%. UGI’s dividend payout ratio (DPR) is presently 120.97%.

Wall Street Analyst Weigh In

Several analysts have issued reports on UGI shares. Jefferies Financial Group began coverage on shares of UGI in a research note on Friday, November 22nd. They set a “buy” rating and a $28.00 target price on the stock. Mizuho raised UGI from a “neutral” rating to an “outperform” rating and upped their price target for the company from $27.00 to $30.00 in a research report on Friday, November 15th. Finally, Wells Fargo & Company raised their price objective on UGI from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 16th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, UGI has an average rating of “Moderate Buy” and a consensus price target of $28.33.

About UGI

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.