UGI (UGI) Projected to Post Quarterly Earnings on Wednesday

UGI (NYSE:UGI) will likely be issuing its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $1.21 per share and revenue of $2.65 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

UGI Stock Up 1.0 %

UGI stock opened at $31.03 on Tuesday. The company has a current ratio of 0.80, a quick ratio of 0.60 and a debt-to-equity ratio of 1.48. UGI has a 1 year low of $22.01 and a 1 year high of $31.21. The company has a fifty day simple moving average of $28.94 and a 200 day simple moving average of $25.98. The firm has a market cap of $6.66 billion, a PE ratio of 25.03 and a beta of 1.21.

UGI Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 1st. Investors of record on Monday, December 16th were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 4.83%. The ex-dividend date was Monday, December 16th. UGI’s payout ratio is presently 120.97%.

Wall Street Analyst Weigh In

UGI has been the subject of several analyst reports. Jefferies Financial Group initiated coverage on shares of UGI in a research note on Friday, November 22nd. They issued a “buy” rating and a $28.00 price objective for the company. Wells Fargo & Company boosted their target price on shares of UGI from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 16th. Finally, Mizuho raised shares of UGI from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $27.00 to $30.00 in a research report on Friday, November 15th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, UGI has a consensus rating of “Moderate Buy” and a consensus target price of $28.33.

About UGI

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.