Ultrapar Participações (UGP) Expected to Announce Quarterly Earnings on Wednesday

Ultrapar Participações (NYSE:UGP - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $33.05 billion for the quarter.

Ultrapar Participações Trading Down 1.9%

Shares of NYSE UGP traded down $0.06 during trading on Monday, hitting $2.87. 911,285 shares of the company traded hands, compared to its average volume of 1,640,481. The company has a 50-day moving average price of $3.00 and a 200-day moving average price of $2.98. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.76. Ultrapar Participações has a 1 year low of $2.53 and a 1 year high of $4.96. The firm has a market capitalization of $3.20 billion, a P/E ratio of 6.23, a P/E/G ratio of 2.39 and a beta of 1.13.

Ultrapar Participações Cuts Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 10th were issued a $0.0774 dividend. 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 36.11%.

Wall Street Analyst Weigh In

UGP has been the topic of a number of recent analyst reports. HSBC upgraded shares of Ultrapar Participações from a "hold" rating to a "buy" rating in a research note on Friday, January 17th. StockNews.com upgraded shares of Ultrapar Participações from a "hold" rating to a "buy" rating in a research report on Friday. The Goldman Sachs Group upgraded shares of 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 report on Friday, January 31st. Finally, Hsbc Global Res upgraded shares of Ultrapar Participações from a "hold" rating to a "strong-buy" rating in a report 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's stock. According to data from MarketBeat, Ultrapar Participações has an average rating of "Buy" and a consensus price target 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.