UGI Corporation (NYSE:UGI) currently has a daily average trading volume of 1.47M but it saw 4521402 shares traded on Wednesday. With a market cap of 5.82B USD, stock’s current market price of $27.82 came falling about -1.45 while comparing to the previous closing price of $28.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.54 and as low as $27.23. In the recent trading on the day, stock has struck highest price mark of $28.29 while lowest mark touched by it was $27.6625.
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Taking a look at 20-day trading activity of UGI Corporation (UGI) gives us an average price of $29.89, while its current price level is -37.54% below from 52-week high level whereas it is 2.17% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $32.63 while that of 200 days or SMA-200 reads an average of $36.38. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.10% during that period while stretching the period over a month that increases to 2.90%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 28.88 which implies that the stock is in oversold territory.
UGI Corporation (UGI)’s stock is currently under the radar of 5 analysts who are in consensus at a 12-month price target range of between $32.00 and $60.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $32.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $60.00. Average price target assigned by them is $40.40 which highlights an upside potential of 31.14% for the stock over that period. And to attain the median price target of $37.00 assigned by those analysts, stock has to add about 24.81% of value to its current levels.
Data by FactSet Research shows that 5 analysts have issued their ratings for the stock. 1 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 2 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Hold.
Over the week, UGI’s stock price is moving -1.42% down while it is -17.94% when we observe its performance for the past one month. Year-to-date it is -24.95% down and over the past year, the stock is showing a downside performance of -31.96%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $1.68 beaten by the consensus estimate of $1.78 for the same. The company is expected to be releasing its next quarterly report in 08/02/2023, for which analysts forecasted an EPS of $0.04 while estimate for next year EPS is $2.85. For UGI, analysts are forecasting an EPS-growth rate of -1.70% for current year and estimate for EPS growth in next year is 13.00%. In next quarter, company is expected to be making quarterly sales of $1.72 billion as analysts are expecting the sales for current fiscal year at $9.53 billion and seeing the company making $10.05 billion in sales next year. Moreover, analysts are in estimates of $1.73 billion for current-quarter revenue.
Currently, UGI Corporation’s total number of outstanding shares is 209.86M with 0.65% of that held by the insiders while 86.85% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 10.40% and return on equity (ROE) at -11.10%. It has a 8.65 of forward P/E ratio. Stock’s beta reads 1.12. Stock has a price to book (P/B) ratio of 1.16 while price to sale or P/S ratio amounts to 0.59. Its return on asset (ROA) is -3.60% on average.
A filing at the U.S. Securities and Exchange Commission revealed that SPDR S&P Dividend ETF came shrinking its share ownership by -0.08% in the UGI Corporation (UGI) decreasing its stake to 4.39% with control over 7566.0 shares in the company. As per SEC documents, SPDR S&P Dividend ETF sought 9,188,954 of company’s common stock of worth $311.32 million as per recent closing price of the stock. SPDR S&P Dividend ETF is not the only institutional holder which restructured its stake in UGI Corporation, as iShares Core S&P Mid Cap ETF picked 6,539,273 shares of worth $221.55 million to bring its holdings to a total of 23362.0 shares. In the most recent quarter, Vanguard Total Stock Market ETF came rising its stake by 0.04% in the company and now holds 6.5 million or 3.10% of the company’s stake having worth of about 220.37 million.
