While Ultrapar Participacoes S.A. ADR has underperformed by -0.97%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, UGP rose by 74.57%, with highs and lows ranging from $6.34 to $2.74, whereas the simple moving average jumped by 6.51% in the last 200 days.
On April 02, 2024, Itau BBA Downgraded Ultrapar Participacoes S.A. ADR (NYSE: UGP) to Market Perform. A report published by Jefferies on September 21, 2023, Initiated its previous ‘Underperform’ rating for UGP. Goldman also Downgraded UGP shares as ‘Neutral’, setting a target price of $4 on the company’s shares in a report dated September 13, 2023. HSBC Securities June 23, 2023d the rating to Hold on June 23, 2023, and set its price target from $3 to $3.80. UBS March 28, 2023d its ‘Buy’ rating to ‘Neutral’ for UGP, as published in its report on March 28, 2023. Morgan Stanley also rated the stock as ‘Overweight’.
Analysis of Ultrapar Participacoes S.A. ADR (UGP)
A return on investment can be expected regardless of UGP’s performance over the next quarter with the dividend set at $0.13 per share. Further, the quarter-over-quarter decrease in sales is -1.43%, showing a negative trend in the upcoming months.
To gain a thorough understanding of Ultrapar Participacoes S.A. ADR’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 19.71% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.34, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and UGP is recording an average volume of 1.52M. On a monthly basis, the volatility of the stock is set at 2.67%, whereas on a weekly basis, it is put at 2.66%, with a loss of -7.30% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.72, showing growth from the present price of $5.08, which can serve as yet another indication of whether UGP is worth investing in or should be passed over.
How Do You Analyze Ultrapar Participacoes S.A. ADR Shares?
A leading company in the Oil & Gas Refining & Marketing sector, Ultrapar Participacoes S.A. ADR (UGP) is based in the Brazil. When comparing Ultrapar Participacoes S.A. ADR shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 11.40, there is a growth in quarterly earnings of 41.07%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As opposed to executive stock, institutional ownership accounts for 3.83% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
UGP shares are owned by institutional investors to the tune of 3.83% at present.
