UGI (UGI) Scheduled to Post Earnings on Wednesday

UGI (NYSE:UGI) is set to release its earnings data after the market closes on Wednesday, May 1st. Analysts expect UGI to post earnings of $1.65 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

UGI (NYSE:UGI) last released its quarterly earnings data on Wednesday, January 31st. The utilities provider reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.08. The business had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.98 billion. UGI had a positive return on equity of 14.09% and a negative net margin of 5.48%. On average, analysts expect UGI to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

UGI Stock Performance

UGI stock opened at $25.53 on Wednesday. The stock has a market capitalization of $5.35 billion, a PE ratio of -11.60 and a beta of 1.16. UGI has a 12-month low of $20.19 and a 12-month high of $35.14. The company has a current ratio of 0.98, a quick ratio of 0.79 and a debt-to-equity ratio of 1.59. The stock’s 50 day simple moving average is $24.46 and its 200 day simple moving average is $23.29.

UGI Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 15th were given a $0.375 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.50 annualized dividend and a yield of 5.88%. UGI’s dividend payout ratio (DPR) is presently -68.18%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Mizuho upped their price objective on UGI from $26.00 to $27.00 and gave the company a “neutral” rating in a research report on Wednesday, April 17th. TheStreet raised UGI from a “d+” rating to a “c-” rating in a report on Wednesday, February 21st. StockNews.com cut UGI from a “buy” rating to a “hold” rating in a report on Thursday, April 18th. Finally, Wells Fargo & Company cut UGI from an “overweight” rating to an “equal weight” rating and increased their price target for the company from $27.00 to $28.00 in a report on Thursday, March 14th.

UGI Company Profile

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.