Ultrapar Participacoes S.A. (NYSE:UGP – Get Free Report) has earned an average rating of “Moderate Buy” from the seven analysts that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $6.05.
A number of research analysts have issued reports on UGP shares. Jefferies Financial Group upgraded Ultrapar Participacoes from an “underperform” rating to a “hold” rating and upped their price objective for the company from $3.10 to $5.60 in a research note on Friday, March 13th. Weiss Ratings restated a “hold (c+)” rating on shares of Ultrapar Participacoes in a research note on Monday, June 8th. Wall Street Zen upgraded Ultrapar Participacoes from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. UBS Group upped their price objective on Ultrapar Participacoes from $7.00 to $7.20 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Finally, HSBC downgraded Ultrapar Participacoes from a “buy” rating to a “hold” rating and upped their price objective for the company from $4.90 to $6.00 in a research note on Wednesday, April 8th.
Get Our Latest Stock Report on UGP
Institutional Inflows and Outflows
Ultrapar Participacoes Stock Down 0.3%
Shares of NYSE:UGP opened at $4.87 on Friday. The company has a market capitalization of $5.43 billion, a PE ratio of 9.73, a price-to-earnings-growth ratio of 0.97 and a beta of 0.71. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.67 and a quick ratio of 1.30. The business has a fifty day moving average price of $5.45 and a two-hundred day moving average price of $4.98. Ultrapar Participacoes has a 1 year low of $2.80 and a 1 year high of $6.20.
Ultrapar Participacoes (NYSE:UGP – Get Free Report) last announced its quarterly earnings data on Saturday, February 14th. The oil and gas company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $6.19 billion during the quarter. Ultrapar Participacoes had a return on equity of 16.54% and a net margin of 2.04%. Analysts forecast that Ultrapar Participacoes will post 0.55 earnings per share for the current year.
About Ultrapar Participacoes
Ultrapar Participações SA is a Brazilian diversified holding company operating in the downstream energy and chemical sectors. Its Ipiranga unit runs one of Brazil’s largest networks of fuel stations, supplying gasoline, ethanol, diesel and convenience-store products to retail and wholesale customers. Through Ultragaz, the company is a leading distributor of liquefied petroleum gas (LPG), offering cylinder and bulk gas solutions for residential, commercial and industrial use across urban and rural regions.
In the specialty chemicals arena, Ultrapar controls Oxiteno, which produces surfactants and specialty chemical formulations for industries such as personal care, oil and gas, agrochemicals and coatings.
Read More
- Five stocks we like better than Ultrapar Participacoes
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for Ultrapar Participacoes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultrapar Participacoes and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
