News headlines about UGI (NYSE:UGI) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. UGI earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 46.849806511425 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern’s rankings:
- United General Insurance offers free fleet management solutions (nyasatimes.com)
- Misericordia receives energy efficiency check from UGI (misericordia.edu)
- UGI Corporation Offers Above-Average Utility Earnings Growth From Its Unique Segment Mix (seekingalpha.com)
- Judge hears Reading’s fight with UGI over gas meters (readingeagle.com)
- Why Is UGI (UGI) Up 3% Since Last Earnings Report? (finance.yahoo.com)
Several equities analysts have weighed in on UGI shares. Bank of America lowered shares of UGI from a “buy” rating to a “neutral” rating and set a $53.00 target price on the stock. in a report on Tuesday, June 5th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of UGI from a “buy” rating to a “hold” rating in a report on Saturday, July 7th. Jefferies Financial Group reiterated a “hold” rating and issued a $54.00 target price on shares of UGI in a report on Friday, August 17th. ValuEngine upgraded shares of UGI from a “sell” rating to a “hold” rating in a report on Wednesday, June 20th. Finally, Barclays boosted their target price on shares of UGI from $47.00 to $50.00 and gave the company an “underweight” rating in a report on Wednesday, July 11th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $51.60.
UGI stock opened at $55.14 on Friday. The company has a market capitalization of $9.40 billion, a PE ratio of 24.08, a P/E/G ratio of 2.44 and a beta of 0.49. UGI has a 1 year low of $42.51 and a 1 year high of $55.94. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 0.97.
UGI (NYSE:UGI) last released its quarterly earnings results on Wednesday, August 1st. The utilities provider reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.04). The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.31 billion. UGI had a net margin of 11.09% and a return on equity of 11.89%. UGI’s revenue was up 24.9% on a year-over-year basis. During the same period last year, the firm posted $0.09 earnings per share. research analysts forecast that UGI will post 2.77 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, October 1st. Stockholders of record on Friday, September 14th will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date is Thursday, September 13th. UGI’s dividend payout ratio (DPR) is 45.41%.
In other news, insider Joseph L. Hartz sold 18,000 shares of the business’s stock in a transaction that occurred on Monday, August 20th. The shares were sold at an average price of $55.51, for a total value of $999,180.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO John L. Walsh sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, June 11th. The shares were sold at an average price of $48.62, for a total transaction of $1,215,500.00. Following the completion of the sale, the chief executive officer now directly owns 462,166 shares in the company, valued at $22,470,510.92. The disclosure for this sale can be found here. 2.36% of the stock is currently owned by insiders.
UGI Company Profile
UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. It distributes propane to approximately 1.9 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers in 50 states through 1,900 propane distribution locations; and sells, installs, and services propane appliances, including heating systems.
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