Ultrapar Participacoes S.A. ADR (NYSE: UGP) stock jumped 3.22% on Monday to $5.13 against a previous-day closing price of $4.97. With 1.39 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.3 million shares. During the session, the Oil & Gas Refining & Marketing company that operates in wider Energy sector, reached to the highest price of $5.16 whereas the lowest price it dropped to was $4.96. The 52-week range on UGP shows that it touched its highest point at $5.07 and its lowest point at $2.18 during that stretch. It currently has a 1-year price target of $4.45. With its current market cap of 5.62 billion, UGP has annualized dividend of $0.12 while the current yield stands at 2.42%. Beta for the stock currently stands at 1.44.
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 6.88%, but this was up by 31.20% over a month. Three-month performance surged to 38.27% while six-month performance rose 48.70%. The stock gained 110.25% in the past year, while it has gained 111.98% so far this year. A look at the trailing 12-month EPS for UGP yields 0.39 with Next year EPS estimates of 0.27. For the next quarter, that number is 0.08. This implies an EPS growth rate of -6.91% for this year and 6.10% 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 -6.26%.
Float and Shares Shorts:
At present, 1.10 billion UGP shares are outstanding with a float of 1.10 billion shares on hand for trading. On Oct 30, 2023, short shares totaled 1.04 million, which was 0.07% higher than short shares on Sep 28, 2023. In addition to UNP as the firm’s Union Pacific Corporation, UGI serves as its UGI Corporation.
Through their ownership of 4.15% of UGP’s outstanding shares, institutional investors have minority control over the company.
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 $5.97 and a low target of $3.24, the average target price over the next 12 months is $4.45. Based on these targets, UGP could surge 16.37% to reach the target high and fall by -36.84% to reach the target low. Reaching the average price target will result in a decline of -13.26% from current levels.