Ultrapar Participações - UGP Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ultrapar Participações in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" UGP shares.
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1 equities research analysts have issued 12 month target prices for Ultrapar Participações' shares. Their UGP share price forecasts range from $3.60 to $3.60. On average, they predict the company's share price to reach $3.60 in the next twelve months. This suggests a possible upside of 41.7% from the stock's current price.
View analysts price targets for UGP or view top-rated stocks among Wall Street analysts.

Ultrapar Participações' stock was trading at $2.42 at the beginning of 2023. Since then, UGP shares have increased by 5.0% and is now trading at $2.54.
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Ultrapar Participações saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 1,810,000 shares, a drop of 38.4% from the December 31st total of 2,940,000 shares. Based on an average daily trading volume, of 1,480,000 shares, the short-interest ratio is presently 1.2 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) issued its quarterly earnings results on Thursday, November, 10th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter. The oil and gas company earned $7.50 billion during the quarter. Ultrapar Participações had a net margin of 0.96% and a trailing twelve-month return on equity of 9.03%.

Ultrapar Participações declared a -- dividend on Monday, May 16th. Stockholders of record on Wednesday, May 25th will be given a dividend of $0.0804 per share on Monday, August 22nd. This represents a yield of 4.6%. The ex-dividend date 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 2.49%. 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 22.22% 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 Robeco Institutional Asset Management B.V. (0.07%), Envestnet Asset Management Inc. (0.01%), Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (0.00%), Brinker Capital Investments LLC (0.00%), Beaumont Financial Advisors LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%).

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 $2.54.

Ultrapar Participações (NYSE:UGP) has a market capitalization of $3.40 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.