UGI (UGI) Releases FY 2019 Earnings Guidance

UGI (NYSE:UGI) issued an update on its FY 2019 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $2.75-2.95 for the period, compared to the Thomson Reuters consensus estimate of $2.88.

Shares of UGI stock traded up $0.49 during trading on Monday, hitting $56.52. The company’s stock had a trading volume of 922,658 shares, compared to its average volume of 828,843. The firm has a market cap of $9.74 billion, a PE ratio of 24.83, a P/E/G ratio of 2.42 and a beta of 0.51. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 0.97. UGI has a 52 week low of $42.51 and a 52 week high of $57.17.

Several equities analysts have recently issued reports on UGI shares. Jefferies Financial Group reaffirmed a hold rating and issued a $54.00 target price on shares of UGI in a report on Friday, August 17th. Barclays set a $53.00 price objective on UGI and gave the company a sell rating in a report on Friday, October 12th. Bank of America increased their price objective on UGI from $51.00 to $52.00 and gave the company a neutral rating in a report on Monday, July 30th. ValuEngine raised UGI from a hold rating to a buy rating in a report on Thursday, October 11th. Finally, Zacks Investment Research lowered UGI from a buy rating to a hold rating in a report on Wednesday, October 17th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of $52.60.

In other UGI news, insider Joseph L. Hartz sold 18,000 shares of the stock in a transaction on Monday, August 20th. The stock was sold at an average price of $55.51, for a total transaction of $999,180.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.36% of the stock is currently owned by corporate insiders.

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UGI Company Profile

UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. It distributes propane to approximately 1.9 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers in 50 states through 1,900 propane distribution locations; and sells, installs, and services propane appliances, including heating systems.

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Earnings History and Estimates for UGI (NYSE:UGI)

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