UGI (NYSE:UGI – Get Rating) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, August 3rd. Analysts expect UGI to post earnings of $0.10 per share for the quarter. UGI has set its FY22 guidance at $2.90-3.00 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.
UGI (NYSE:UGI – Get Rating) last posted its quarterly earnings data on Wednesday, May 4th. The utilities provider reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.88 by $0.03. UGI had a net margin of 16.65% and a return on equity of 10.80%. The business had revenue of $3.47 billion during the quarter. On average, analysts expect UGI to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
UGI Price Performance
Shares of NYSE UGI opened at $43.16 on Monday. UGI has a twelve month low of $33.04 and a twelve month high of $48.55. The company has a current ratio of 1.66, a quick ratio of 1.50 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $9.06 billion, a price-to-earnings ratio of 6.17, a PEG ratio of 1.80 and a beta of 0.96. The firm has a 50-day moving average of $40.77 and a two-hundred day moving average of $39.15.
UGI Increases Dividend
Insiders Place Their Bets
In other UGI news, Director John L. Walsh sold 105,000 shares of the business’s stock in a transaction dated Friday, May 27th. The stock was sold at an average price of $42.36, for a total transaction of $4,447,800.00. Following the sale, the director now owns 429,734 shares in the company, valued at approximately $18,203,532.24. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 2.00% of the company’s stock.
Hedge Funds Weigh In On UGI
Large investors have recently made changes to their positions in the business. Worth Asset Management LLC acquired a new position in shares of UGI in the 1st quarter valued at about $81,000. Bridgefront Capital LLC acquired a new position in UGI in the first quarter worth approximately $236,000. Prudential PLC acquired a new position in UGI in the first quarter worth approximately $240,000. Echo Street Capital Management LLC increased its holdings in UGI by 8.9% in the first quarter. Echo Street Capital Management LLC now owns 7,407 shares of the utilities provider’s stock worth $268,000 after buying an additional 603 shares during the last quarter. Finally, Quantamental Technologies LLC increased its holdings in UGI by 6.5% in the first quarter. Quantamental Technologies LLC now owns 7,820 shares of the utilities provider’s stock worth $283,000 after buying an additional 480 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.
Analyst Ratings Changes
Separately, StockNews.com raised shares of UGI from a “sell” rating to a “hold” rating in a report on Saturday, May 14th.
UGI Company Profile
UGI Corporation 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 1.4 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,600 propane distribution location.
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