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UGI (UGI) Up 4.7% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-09-06 16:37
A month has gone by since the last earnings report for UGI (UGI) . Shares have added about 4.7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is UGI due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. UGI Q3 Earnings Surpass Estimates, Revenues Decline Y/Y UGI Corpora ...
Wall Street Analysts Believe UGI (UGI) Could Rally 25.08%: Here's is How to Trade
ZACKS· 2024-09-06 14:55
Shares of UGI (UGI) have gained 4.7% over the past four weeks to close the last trading session at $24.52, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $30.67 indicates a potential upside of 25.1%. The average comprises three short-term price targets ranging from a low of $27 to a high of $38, with a standard deviation of $6.35. While the lowest estimate indicates an increase ...
Wall Street Analysts See a 30.79% Upside in UGI (UGI): Can the Stock Really Move This High?
ZACKS· 2024-08-12 14:55
Shares of UGI (UGI) have gained 0.1% over the past four weeks to close the last trading session at $23.45, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $30.67 indicates a potential upside of 30.8%. The average comprises three short-term price targets ranging from a low of $27 to a high of $38, with a standard deviation of $6.35. While the lowest estimate indicates an increase ...
UGI Q3 Earnings Surpass Estimates, Revenues Decline Y/Y
ZACKS· 2024-08-08 12:46
Core Insights - UGI Corporation reported fiscal third-quarter 2024 operating earnings of 6 cents per share, exceeding the Zacks Consensus Estimate of a loss of 5 cents per share by 220% and improving from break-even earnings in the same quarter last year [1] Total Revenues - Total revenues for the quarter were $1.38 billion, missing the consensus estimate of $1.67 billion by 17.3% and declining 16.9% from $1.66 billion in the year-ago quarter [2] Segmental Results - **AmeriGas Propane**: Revenues of $445 million, down 13.4% year over year, with retail gallons sold decreasing 12.9% due to warmer weather and customer attrition [3] - **UGI International**: Revenues of approximately $455 million, down 25.5% from the previous year, with retail volume decreasing 3.8% [3] - **Midstream & Marketing**: Revenues of $253 million, down 9.3% year over year [3] - **UGI Utilities**: Sales of $257 million, down 7.6% from the year-ago period [4] - **Corporate & Other**: This segment incurred a loss of $30 million, wider than the prior-year loss of $23 million [4] Highlights of the Release - The company reported strong third-quarter results driven by record earnings from natural gas businesses and improved results from UGI International [5] - Operating and administrative expenses decreased by $38 million year-over-year [5] - Total interest expenses remained flat at $96 million compared to the previous year [5] Debt Management - The company has refinanced over $1 billion of debt this year and reduced approximately $460 million of debt at AmeriGas Propane [6] Guidance - UGI anticipates fiscal 2024 adjusted earnings to be in the range of $2.70-$3.00 per share, with the Zacks Consensus Estimate at $2.92 per share, higher than the midpoint of the company's guidance [7]
Why UGI (UGI) is a Great Dividend Stock Right Now
ZACKS· 2024-07-19 16:46
Based in King Of Prussia, UGI (UGI) is in the Utilities sector, and so far this year, shares have seen a price change of -0.08%. The natural gas and electric utilities operator. Is currently shelling out a dividend of $0.38 per share, with a dividend yield of 6.1%. This compares to the Utility - Gas Distribution industry's yield of 3.69% and the S&P 500's yield of 1.56%. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution ...
Why UGI (UGI) is a Top Growth Stock for the Long-Term
ZACKS· 2024-07-16 14:51
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days ...
Here's Why You Should Add UGI to Your Portfolio Right Now
ZACKS· 2024-07-12 17:01
Core Viewpoint - UGI Corporation is positioned as a strong investment option in the utility sector due to its strategic investments, solid return on equity, and consistent performance in dividend payments [12]. Financial Performance - The Zacks Consensus Estimate for fiscal 2024 earnings per share (EPS) has increased by 0.7% over the past 90 days to $2.92 [2]. - UGI has delivered an average earnings surprise of 19.1% over the last four quarters [3]. - The Zacks Consensus Estimate for fiscal 2025 EPS has also risen by 0.3% in the past 60 days to $3.11 [13]. Return on Equity - UGI's return on equity (ROE) stands at 15.78%, significantly higher than the industry average of 9.7%, indicating effective utilization of funds to generate returns [4]. Solvency and Liquidity - The time-to-interest earned ratio at the end of fiscal Q2 2024 was 1.2, demonstrating the company's ability to meet future interest obligations [5]. - UGI's current ratio is 1.21, surpassing the industry average of 0.69, indicating sufficient short-term assets to cover liabilities [6]. Dividend History - UGI has a long-standing history of paying dividends for 140 years, with a current quarterly dividend of 37.5 cents per share, leading to an annualized dividend of $1.50 [7]. - The company's current dividend yield is 6.51%, which is better than the industry average of 3.47% [7]. Strategic Investments - UGI is making systematic capital investments to upgrade and replace aging infrastructure, with expected capital expenditures ranging from $3.7 billion to $4.1 billion for fiscal years 2024-2027 [8]. - The company recovers nearly 90% of its capital investments within 12 months due to timely rate revisions and approvals [8]. Price Performance - Over the past month, UGI's shares have increased by 1.5%, outperforming the industry's growth of 0.2% [9].
Is UGI (UGI) Stock Undervalued Right Now?
ZACKS· 2024-06-24 14:46
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality val ...
Reasons to Add UGI Corp. (UGI) to Your Portfolio Right Now
ZACKS· 2024-06-13 17:21
Core Viewpoint - UGI Corporation is positioned as a strong investment option in the utility sector due to its expanding customer base, positive earnings outlook, and robust financial metrics [3][8]. Financial Performance - The Zacks Consensus Estimate for UGI's earnings per share (EPS) for fiscal 2024 and 2025 has increased by 2.1% and 4.1% respectively over the past 90 days [4]. - UGI has delivered an average earnings surprise of 19.1% in the last four quarters, indicating strong performance [9]. Growth and Investments - UGI's long-term earnings growth rate is projected at 7%, supported by systematic capital investments aimed at modernizing infrastructure and enhancing safety and reliability in natural gas production and storage [7][10]. - The company plans to invest between $3.7 billion and $4.1 billion in capital expenditures from fiscal 2024 to 2027, with approximately 85% allocated to natural gas businesses [10]. Customer Base Expansion - UGI has added over 3,000 new residential and commercial customers in the second quarter of fiscal 2024, reflecting robust demand for its services [11]. Liquidity and Financial Health - UGI's current ratio at the end of the fiscal second quarter of 2024 was 1.2, which is above the industry average of 0.76, indicating a strong ability to meet near-term debt obligations [12]. Dividend History - UGI has a long-standing history of paying dividends for 140 years, with a current quarterly dividend of 37.5 cents per share, resulting in an annualized dividend of $1.50 and a dividend yield of 6.56%, surpassing the industry average of 3.53% [13]. Return on Equity - UGI's return on equity (ROE) stands at 15.78%, significantly higher than the industry average of 9.01%, demonstrating effective utilization of funds to generate returns [14].
3 Reasons Growth Investors Will Love UGI (UGI)
ZACKS· 2024-06-12 17:45
By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy). Arguably nothing is more important than earnings growth, as surging profit levels is w ...