Ultrapar Participacoes S.A. (NYSE: UGP) stock jumped 1.16% on Wednesday to $3.48 against a previous-day closing price of $3.44. With 0.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.53 million shares. During the session, the Oil & Gas Refining & Marketing company that operates in wider Energy sector, reached to the highest price of $3.5250 whereas the lowest price it dropped to was $3.4400. The 52-week range on UGP shows that it touched its highest point at $3.52 and its lowest point at $2.13 during that stretch. It currently has a 1-year price target of $3.17. With its current market cap of 3.96 billion, UGP has annualized dividend of $0.13 while the current yield stands at 3.85%. Beta for the stock currently stands at 1.18.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UGP was up-trending over the past week, with a rise of 0.87%, but this was up by 22.11% over a month. Three-month performance surged to 29.85% while six-month performance rose 37.55%. The stock gained 23.89% in the past year, while it has gained 43.80% so far this year. A look at the trailing 12-month EPS for UGP yields 0.30 with Next year EPS estimates of 0.29. For the next quarter, that number is 0.04. This implies an EPS growth rate of 90.60% for this year and 38.10% for next year. EPS is expected to grow by 24.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.50%.
Float and Shares Shorts:
At present, 1.10 billion UGP shares are outstanding with a float of 751.88 million shares on hand for trading. On Apr 27, 2023, short shares totaled 2.29 million, which was 0.21% higher than short shares on Mar 30, 2023. In addition to Mr. Marcos Marinho Lutz as the firm’s CEO, Vice Chairman & Member of the Exec. Board, Mr. Rodrigo de Almeida Pizzinatto serves as its CFO & Member of Exec. Board.
Institutional Ownership:
Through their ownership of 4.00% of UGP’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 2.88% of UGP, in contrast to 0.96% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in UGP with 1.50% of the stake, Bizma Investimentos Ltda. holds 16,708,667 shares worth 16,708,667. A second-largest stockholder of UGP, Arrowstreet Capital LP, holds 2,746,762 shares, controlling over 0.25% of the firm’s shares. BlackRock Fund Advisors is the third largest shareholder in UGP, holding 2,474,763 shares or 0.22% stake. With a 0.14% stake in UGP, the Genesis Emerging Markets Investme is the largest stakeholder. A total of 1,562,630 shares are owned by the mutual fund manager. The ICON Natural Resources and Infras, which owns about 0.14% of UGP stock, is the second-largest Mutual Fund holder. It holds 1,500,000 shares valued at 4.3 million. Polunin Funds – Developing Countr holds 0.10% of the stake in UGP, owning 1,101,948 shares worth 3.16 million.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, UGP reported revenue of $36.88B and operating income of $760.17M. The EBITDA in the recently reported quarter was $1.16B and diluted EPS was $0.41.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UGP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With UGP analysts setting a high price target of $4.63 and a low target of $2.79, the average target price over the next 12 months is $3.34. Based on these targets, UGP could surge 33.05% to reach the target high and fall by -19.83% to reach the target low. Reaching the average price target will result in a decline of -4.02% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
