Ultrapar Participacoes (NYSE:UGP) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 15th. Analysts expect Ultrapar Participacoes to post earnings of $0.03 per share for the quarter.
Ultrapar Participacoes (NYSE:UGP) last released its quarterly earnings data on Wednesday, February 20th. The oil and gas company reported $0.25 earnings per share for the quarter. The company had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.61 billion. Ultrapar Participacoes had a net margin of 1.23% and a return on equity of 11.47%. On average, analysts expect Ultrapar Participacoes to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Ultrapar Participacoes stock opened at $5.30 on Tuesday. The stock has a market cap of $6.13 billion, a PE ratio of 18.93 and a beta of 0.25. Ultrapar Participacoes has a fifty-two week low of $4.43 and a fifty-two week high of $7.90. The company has a current ratio of 2.56, a quick ratio of 2.03 and a debt-to-equity ratio of 1.32.
Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. restated a “neutral” rating on shares of Ultrapar Participacoes in a research note on Friday, March 22nd. Credit Suisse Group upgraded shares of Ultrapar Participacoes from an “underperform” rating to a “neutral” rating in a research note on Friday, May 3rd. ValuEngine lowered shares of Ultrapar Participacoes from a “hold” rating to a “sell” rating in a research note on Thursday, February 7th. Finally, Zacks Investment Research upgraded shares of Ultrapar Participacoes from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research note on Saturday, February 2nd. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $18.00.
COPYRIGHT VIOLATION WARNING: This news story was first published by American Banking News and is owned by of American Banking News. If you are accessing this news story on another website, it was illegally copied and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be accessed at https://www.americanbankingnews.com/2019/05/14/ultrapar-participacoes-ugp-scheduled-to-post-earnings-on-wednesday.html.
Ultrapar Participacoes Company Profile
Ultrapar Participações SA engages in the gas distribution, fuel distribution, chemicals, storage, and drugstores businesses primarily in Brazil, Mexico, Uruguay, Venezuela, other Latin American countries, the United States, Canada, the Far East, Europe, and internationally. The company's Gas Distribution segment distributes liquefied petroleum gas to residential, commercial, and industrial consumers, as well as independent dealers primarily in the South, Southeast, and Northeast regions of Brazil.
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.