Ultrapar Participações - UGP Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ultrapar Participações in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" UGP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UGP, but not buy additional shares or sell existing shares.
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3 analysts have issued 1-year price targets for Ultrapar Participações' shares. Their UGP share price forecasts range from $3.00 to $3.60. On average, they predict the company's stock price to reach $3.20 in the next year. This suggests a possible upside of 28.0% from the stock's current price.
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Ultrapar Participações' stock was trading at $2.64 at the beginning of 2022. Since then, UGP stock has decreased by 5.3% and is now trading at $2.50.
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Ultrapar Participações saw a decline in short interest during the month of October. As of October 31st, there was short interest totaling 2,790,000 shares, a decline of 43.5% from the October 15th total of 4,940,000 shares. Based on an average trading volume of 1,290,000 shares, the days-to-cover ratio is currently 2.2 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our UGP earnings forecast.

Ultrapar Participações S.A. (NYSE:UGP) posted its quarterly earnings data on Thursday, May, 14th. The oil and gas company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.01. The oil and gas company earned $4.83 billion during the quarter. Ultrapar Participações had a trailing twelve-month return on equity of 9.03% and a net margin of 0.96%.
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Ultrapar Participações announced a -- dividend on Monday, May 16th. Shareholders of record on Wednesday, May 25th will be given a dividend of $0.0804 per share on Monday, August 22nd. This represents a dividend yield of 4.6%. The ex-dividend date of this dividend is Tuesday, May 24th.
Read our dividend analysis for UGP.

Ultrapar Participações (NYSE:UGP) pays an annual dividend of $0.06 per share and currently has a dividend yield of 2.48%. The dividend payout ratio is 26.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UGP will have a dividend payout ratio of 24.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UGP.

2 employees have rated Ultrapar Participações Chief Executive Officer Pedro Wongtschowski on Glassdoor.com. Pedro Wongtschowski has an approval rating of 58% among the company's employees. This puts Pedro Wongtschowski in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ultrapar Participações investors own include Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), Banco Bradesco (BBD), Itaú Unibanco (ITUB), General Electric (GE), Gerdau (GGB), Pfizer (PFE), Vale (VALE) and Ambev (ABEV).

Ultrapar Participações trades on the New York Stock Exchange (NYSE) under the ticker symbol "UGP."

Ultrapar Participações' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.49%), State Street Corp (0.16%), Renaissance Technologies LLC (0.12%), Marshall Wace LLP (0.10%), Credit Suisse AG (0.10%) and Citadel Advisors LLC (0.06%).

Shares of UGP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of UGP stock can currently be purchased for approximately $2.50.

Ultrapar Participações (NYSE:UGP) has a market capitalization of $3.35 billion and generates $22.02 billion in revenue each year. The oil and gas company earns $157.59 million in net income (profit) each year or $0.23 on an earnings per share basis.

The company employs 16,442 workers across the globe.

Ultrapar Participações' mailing address is AV. BRIGADEIRO LUIS ANTONIO 1343 9 ANDAR, SAO PAULO D5, 10019. The official website for the company is www.ultra.com.br. The oil and gas company can be reached via phone at 551131776695, via email at invest@ultra.com, or via fax at 55-11-3177-6107.