Ultrapar Participações Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for UGP stock have an average target of 4.37, with a low estimate of 3.30 and a high estimate of 6.00. The average target predicts a decrease of -15.15% from the current stock price of 5.15.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$3.30	$4.37	$3.80	$6.00
Change	-35.92%	-15.15%	-26.21%	+16.50%

* Price targets were last updated on Mar 20, 2024.

Analyst Ratings

The average analyst rating for UGP stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bruno Amorim Goldman Sachs	Goldman Sachs	Hold Maintains $5.3 → $6	Hold	Maintains	$5.3 → $6	+16.50%	Mar 20, 2024
Bruno Amorim Goldman Sachs	Goldman Sachs	Hold Maintains $4.6 → $5.3	Hold	Maintains	$4.6 → $5.3	+2.91%	Dec 13, 2023
Bruno Amorim Goldman Sachs	Goldman Sachs	Hold Maintains $4 → $4.6	Hold	Maintains	$4 → $4.6	-10.68%	Nov 13, 2023
Alejandro Demichelis Jefferies	Jefferies	Sell Initiates $3.3	Sell	Initiates	$3.3	-35.92%	Sep 21, 2023
Bruno Amorim Goldman Sachs	Goldman Sachs	Strong Buy → Hold Downgrades $4.5 → $4	Strong Buy → Hold	Downgrades	$4.5 → $4	-22.33%	Sep 13, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

132.49B

from 143.63B

-7.76%

from 143.63B

Revenue Next Year

135.05B

from 132.49B

1.94%

from 132.49B

EPS This Year

1.67

from 1.64

1.91%

from 1.64

EPS Next Year

1.90

from 1.67

13.83%

from 1.67

Year	2018	2019	2020	2021	2022	2023	2024	2025	2026
Revenue	90.70B	83.00B	74.06B	109.73B	143.63B	132.49B	135.05B	136.60B	139.89B
Revenue Growth	14.47%	-8.48%	-10.78%	48.17%	30.89%	-7.76%	1.94%	1.14%	2.41%
EPS	1.05	0.34	0.82	0.78	1.64	1.67	1.90	2.06	2.35
EPS Growth	-24.68%	-67.52%	138.30%	-4.91%	111.48%	1.91%	13.83%	8.40%	13.85%
No. Analysts	-	-	-	-	-	14	15	14	9

Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2023	2024	2025	2026
High	153.8B	158.2B	153.6B	157.6B
Avg	132.5B	135.1B	136.6B	139.9B
Low	120.1B	120.2B	111.5B	113.8B

Revenue Growth

Revenue Growth	2023	2024	2025	2026
High	7.1%	19.4%	13.7%	15.4%
Avg	-7.8%	1.9%	1.1%	2.4%
Low	-16.4%	-9.3%	-17.4%	-16.7%

EPS Forecast

EPS	2023	2024	2025	2026
High	2.05	2.65	2.90	2.75
Avg	1.67	1.90	2.06	2.35
Low	0.97	1.01	0.95	1.93

EPS Growth

EPS Growth	2023	2024	2025	2026
High	25.2%	58.4%	52.4%	33.5%
Avg	1.9%	13.8%	8.4%	13.9%
Low	-40.8%	-39.6%	-50.0%	-6.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.