Ultrapar Participacoes S.A. ADR (NYSE: UGP) is -24.88% lower on its value in year-to-date trading and has touched a low of $2.53 and a high of $4.51 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UGP stock was last observed hovering at around $3.0 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $3.05, the stock is -1.49% and -0.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.83 million and changing 1.67% at the moment leaves the stock -0.22% off its SMA200. UGP registered 15.97% gain for a year compared to 6-month gain of 10.91%. The firm has a 50-day simple moving average (SMA 50) of $3.0642 and a 200-day simple moving average (SMA200) of $3.0566.
The stock witnessed a -1.29% loss in the last 1 month and extending the period to 3 months gives it a -4.69%, and is 7.39% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.21% over the week and 2.83% over the month.
Ultrapar Participacoes S.A. ADR (UGP) has around 9558 employees, a market worth around $3.28B and $24.34B in sales. Current P/E ratio is 8.47 and Fwd P/E is 8.54. Profit margin for the company is 1.65%. Distance from 52-week low is 20.50% and -32.31% from its 52-week high. The company has generated returns on investments over the last 12 months (8.44%).
The EPS is expected to shrink by -27.09% this year.
Ultrapar Participacoes S.A. ADR (UGP) Top Institutional Holders
154.0 institutions hold shares in Ultrapar Participacoes S.A. ADR (UGP), with institutional investors hold 6.09% of the company’s shares. The shares outstanding are 1.08B, and float is at 1.08B with Short Float at 0.62%. Institutions hold 6.09% of the Float.
The top institutional shareholder in the company is BIZMA INVESTIMENTOS LTDA with over 14.08 million shares valued at $55.05 million. The investor’s holdings represent 1.2761% of the UGP Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.97 million shares valued at $19.44 million to account for 0.4507 of the shares outstanding. The other top investors are ARROWSTREET CAPITAL, LIMITED PARTNERSHIP which holds 3.9 million shares representing 0.3535% and valued at over $15.25 million, while ACADIAN ASSET MANAGEMENT LLC holds 0.3411 of the shares totaling 3.76 million with a market value of $14.71 million.
