Ultrapar Participacoes (UGP) Set to Announce Quarterly Earnings on Wednesday

Ultrapar Participacoes (NYSE:UGP) will announce its earnings results after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.23 per share for the quarter.

Shares of Ultrapar Participacoes (NYSE:UGP) opened at $24.09 on Wednesday. Ultrapar Participacoes has a 12 month low of $20.09 and a 12 month high of $26.48. The stock has a market cap of $13,170.11, a price-to-earnings ratio of 26.47 and a beta of 1.10. The company has a quick ratio of 1.98, a current ratio of 2.51 and a debt-to-equity ratio of 1.11.

Separately, Zacks Investment Research cut shares of Ultrapar Participacoes from a “buy” rating to a “hold” rating in a research note on Tuesday, December 19th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. Ultrapar Participacoes presently has an average rating of “Hold” and an average target price of $25.00.

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About Ultrapar Participacoes

Ultrapar Participacoes SA is a Brazil-based company primarily engaged in the automotive fuel retail. The Company operates in five segments: Gas distribution (Ultragaz), which distributes liquefied petroleum gas (LPG) to residential, commercial and industrial consumers in the South, Southeast and Northeast regions of Brazil; Fuel distribution (Ipiranga), which operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles and lubricants, as well as provides related activities across the Brazilian territory; Chemicals (Oxiteno), which produces ethylene oxide, as well as its primary derivatives and fatty alcohols; Storage (Ultracargo), which operates liquid bulk terminals, primarily in the Southeast and Northeast regions of Brazil, and Drugstores (Extrafarma), which trades pharmaceutical, hygiene and beauty products through its drugstore chain in the states of Para and Piaui, among others.

Earnings History for Ultrapar Participacoes (NYSE:UGP)

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