UGI (UGI) Projected to Post Quarterly Earnings on Wednesday

UGI (NYSE:UGI) will likely be announcing its earnings results 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. Investors that wish to register for the company’s conference call can do so using this link.

UGI Stock Performance

UGI opened at $31.03 on Tuesday. The business’s 50 day moving average is $28.94 and its 200-day moving average is $25.98. The stock has a market cap of $6.66 billion, a PE ratio of 25.03 and a beta of 1.21. 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 twelve month low of $22.01 and a twelve month high of $31.21.

UGI Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Wells Fargo & Company boosted their target price on UGI from $26.00 to $27.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 16th. Mizuho raised 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 report on Friday, November 15th. Finally, Jefferies Financial Group assumed coverage on UGI in a report on Friday, November 22nd. They set a “buy” rating and a $28.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average 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.