Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Ultrapar Participacoes SA (NYSE: UGP) weakened during the last several trading days. UGP’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Ultrapar Participacoes SA (NYSE: UGP) stock closed at $3.94 on 8/1/24 after being unchanged was unchanged. NORMAL trading volume accompanied the flat performance. The stock has declined -3.0% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, UGP is expected to continue to be an important Value Builder.
Ultrapar Participacoes has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Ultrapar Participacoes has a good Appreciation Score of 70 but a very low Power Rating of 12, resulting in the Negative Value Trend Rating.
Be the first to comment