Ultrapar Participações (UGP) Expected to Announce Earnings on Wednesday

Ultrapar Participações (NYSE:UGP - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 14th. Analysts expect Ultrapar Participações to post earnings of $0.07 per share and revenue of $33.05 billion for the quarter.

Ultrapar Participações Trading Up 1.0 %

Shares of NYSE UGP traded up $0.03 during mid-day trading on Friday, reaching $2.91. The company had a trading volume of 2,094,974 shares, compared to its average volume of 1,641,802. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.76. Ultrapar Participações has a 52 week low of $2.53 and a 52 week high of $4.96. The business's 50-day moving average is $3.00 and its 200-day moving average is $2.99. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 6.33, a price-to-earnings-growth ratio of 2.39 and a beta of 1.13.

Ultrapar Participações Cuts Dividend

The company also recently declared a semi-annual dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 10th were given a dividend of $0.0774 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a yield of 3.8%. Ultrapar Participações's dividend payout ratio is currently 33.33%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on UGP shares. Hsbc Global Res upgraded Ultrapar Participações from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 17th. StockNews.com upgraded shares of Ultrapar Participações from a "hold" rating to a "buy" rating in a research note on Friday. The Goldman Sachs Group upgraded Ultrapar Participações from a "neutral" rating to a "buy" rating and decreased their price objective for the company from $4.10 to $3.20 in a research note on Friday, January 31st. Finally, HSBC upgraded shares of Ultrapar Participações from a "hold" rating to a "buy" rating in a research note on Friday, January 17th. One analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $3.20.

About Ultrapar Participações

Ultrapar Participações SA, through its subsidiaries, operates in the energy and infrastructure business in Brazil. The company distributes liquefied petroleum gas to residential, commercial, and industrial consumers, in addition to renewable electricity and compressed natural gas. It also operates in the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants; and holds AmPm convenience stores and provides JetOil lubricant services.