Alert: Positive Investment/Fundamental Signals (12/6/23)-Ultrapar Participacoes SA (NYSE: UGP)


Ultrapar Participacoes SA (NYSE: UGP) has benefited from exceptional positive changes in investment behavior: the stock rose on very heavy volume, and positive upside/downside volume developed.

Recent important positive changes in fundamentals have benefitted Ultrapar Participacoes SA (NYSE: UGP). Positive developments: the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred. Negative development: significant quarterly sales deceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

UGP’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Ultrapar Participacoes has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Ultrapar Participacoes has a slightly negative Appreciation Score of 36 but a very high Power Rating of 99, and the Positive Value Trend Rating results.

Recent Price Action

Ultrapar Participacoes SA (NYSE: UGP) stock closed at $5.21 on 12/6/23 after a large increase of 2.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 213% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.2% during the last week.

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