Ultrapar Participacoes S.A. ADR (UGP) Shares Soar Above 1-Year High

The stock of Ultrapar Participacoes S.A. ADR (NYSE: UGP) has increased by 4.13 when compared to last closing price of 3.17. Despite this, the company has experienced a 2.52% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-14 that Ultrapar Participações S.A. (NYSE:UGP ) Q3 2024 Earnings Call November 14, 2024 9:00 AM ET Company Participants Rodrigo Pizzinatto – Chief Financial and Investor Relations Officer Marcos Lutz – Chief Executive Officer Tabajara Bertelli – Chief Executive Officer, Ultragaz Decio Amaral – Chief Executive Officer, Ultracargo Leonardo Linden – Chief Executive Officer, Ipiranga Conference Call Participants Monique Greco – Itaú BBA Pedro Gama – Citi Matheus Enfeldt – UBS Pedro Soares – BTG Eduardo Muniz – Santander Leonardo Marcondes – Bank of America Bruno Montanari – Morgan Stanley Operator Welcome to Ultrapar’s Third Quarter ‘24 Results Conference Call.

Is It Worth Investing in Ultrapar Participacoes S.A. ADR (NYSE: UGP) Right Now?

The price-to-earnings ratio for Ultrapar Participacoes S.A. ADR (NYSE: UGP) is above average at 7.19x, Company’s 36-month beta value is 1.56.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 6 as “hold,” and 1 as “sell.”

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The public float for UGP is 1.09B, and currently, short sellers hold a 0.10% ratio of that floaft. The average trading volume of UGP on November 26, 2024 was 1.50M shares.

UGP’s Market Performance

The stock of Ultrapar Participacoes S.A. ADR (UGP) has seen a 2.52% increase in the past week, with a -10.30% drop in the past month, and a -22.33% fall in the past quarter. The volatility ratio for the week is 2.21%, and the volatility levels for the past 30 days are at 2.83% for UGP. The simple moving average for the last 20 days is -4.68% for UGP stock, with a simple moving average of -26.79% for the last 200 days.

Analysts’ Opinion of UGP

Jefferies gave a rating of “Underperform” to UGP, setting the target price at $3.30 in the report published on September 21st of the previous year.

UGP Trading at -9.69% from the 50-Day Moving Average

After a stumble in the market that brought UGP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -47.97% of loss for the given period.

Volatility was left at 2.83%, however, over the last 30 days, the volatility rate increased by 2.21%, as shares sank -9.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.00% lower at present.

During the last 5 trading sessions, UGP rose by +2.80%, which changed the moving average for the period of 200-days by -44.65% in comparison to the 20-day moving average, which settled at $3.46. In addition, Ultrapar Participacoes S.A. ADR saw -39.10% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for UGP

Current profitability levels for the company are sitting at:

  • 0.03 for the present operating margin
  • 0.07 for the gross margin

The net margin for Ultrapar Participacoes S.A. ADR stands at 0.02. The total capital return value is set at 0.13. Equity return is now at value 19.49, with 6.97 for asset returns.

Based on Ultrapar Participacoes S.A. ADR (UGP), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 0.94. The interest coverage ratio of the stock is 2.5.

Currently, EBITDA for the company is 6.36 billion with net debt to EBITDA at 1.73. When we switch over and look at the enterprise to sales, we see a ratio of 0.25. The receivables turnover for the company is 18.99for trailing twelve months and the total asset turnover is 3.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.

Conclusion

In a nutshell, Ultrapar Participacoes S.A. ADR (UGP) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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