Ultrapar Participacoes S.A. (Ne with ticker code (UGP) now have 4 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 3.19 and 3 calculating the average target price we see $3.07. Given that the stocks previous close was at $2.87 this now indicates there is a potential upside of 7.0%. The 50 day moving average now sits at $2.69 and the 200 day MA is $2.56. The market cap for the company is $3,082m. Company Website: https://www.ultra.com.br
The potential market cap would be $3,297m based on the market consensus.
Ultrapar Participações S.A. engages in the gas distribution, fuel distribution, and storage businesses primarily in Brazil, Europe, Singapore, the United States, Canada, other Latin American countries, and internationally. The company’s Gas Distribution segment distributes liquefied petroleum gas to residential, commercial, and industrial consumers primarily in the South, Southeast, and Northeast regions of Brazil. Its Fuel Distribution segment distributes and markets gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants in the Brazilian territory; operates convenience stores; and offers lubricant-changing and automotive specialized services. The company’s Storage segment operates liquid bulk terminals primarily in the Southeast and Northeast regions of Brazil. It also operates Abastece Aí, a digital payments app; and offers Km de Vantagens, a loyalty program. The company was founded in 1937 and is headquartered in São Paulo, Brazil.
The company has a dividend yield of 4.67% with the ex dividend date set at 24-2-2023 (DMY).
Other points of data to note are a P/E ratio of 10.48, revenue per share of 131.54 and a 3.58% return on assets.
