Why UGI Corporation (NYSE:UGI) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $44.60 on UGI Corporation (NYSE:UGI) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.99 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of UGI Corporation (NYSE:UGI) stands at 19.78.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For UGI Corporation Common Stock, the PEG ratio for coming 3-5 years is 3.01.

Technical Analysis

The technical analysis highlights that UGI Corporation Common Stock current is trading $-0.27 points away or -0.59% from its 50-day moving average of $45.34. Further it is trading $3.18 or +7.59% away its 200-day moving average of $41.89.

The 52-week high of UGI Corporation (NYSE:UGI) was $46.54 while lowest point recorded in 52-week was $31.51. It implies if stock price makes a movement of over $-1.47, it will record a new 52-week high. In the case of +43.03% drop, it will touch a new 52-week low.

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