Press coverage about UGI (NYSE:UGI) has trended somewhat positive on Monday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. UGI earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave press coverage about the utilities provider an impact score of 47.4234117663337 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- Free Research Report as UGI’s Q1 Earnings Beat Expectations (finance.yahoo.com)
- Blucora Names Davinder Athwal Chief Financial OfficerAthwal Brings Blend of Financial Expertise and Technology Industry Experience to Role (markets.businessinsider.com)
- Short Interest in UGI Corp (UGI) Rises By 60.8% (americanbankingnews.com)
- Bag This Bargain Energy Stock Even Cheaper Than President of Subsidiary Perreault Did (nasdaq.com)
A number of brokerages have recently weighed in on UGI. Barclays cut their price objective on UGI from $48.00 to $47.00 and set an “underweight” rating on the stock in a report on Friday, November 10th. Zacks Investment Research raised UGI from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a report on Thursday, January 25th.
UGI (NYSE:UGI) last announced its quarterly earnings data on Wednesday, January 31st. The utilities provider reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.08. The business had revenue of $2.15 billion for the quarter, compared to analyst estimates of $1.87 billion. UGI had a return on equity of 10.88% and a net margin of 8.71%. The company’s revenue was up 28.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.91 earnings per share. equities analysts expect that UGI will post 2.62 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Sunday, April 1st. Stockholders of record on Thursday, March 15th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend is Wednesday, March 14th. UGI’s dividend payout ratio is presently 30.96%.
In other news, insider Roger Perreault acquired 2,270 shares of the business’s stock in a transaction dated Wednesday, February 7th. The shares were acquired at an average cost of $43.97 per share, with a total value of $99,811.90. Following the completion of the acquisition, the insider now owns 21,049 shares of the company’s stock, valued at $925,524.53. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.36% of the stock is currently owned by corporate insiders.
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UGI Company Profile
UGI Corporation is a holding company. The Company distributes, stores, transports and markets energy products and related services. It operates through six segments. The AmeriGas Propane segment consists of the propane distribution business of AmeriGas Partners, L.P. The UGI France segment consists of the French LPG distribution business of its subsidiaries, Antargaz, Finagaz and its liquefied petroleum gases (LPG) distribution businesses.
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