UGI Corp (UGI) shares are surging 5.04% in Friday's intraday trading, reaching $36.72, as investors react positively to the company's newly announced long-term financial targets. The stock is on track for its biggest single-day gain since November 2024, reflecting the market's enthusiasm for UGI's growth prospects.
According to an SEC filing released earlier today, UGI Corp has set a long-term financial target for earnings per share (EPS) growth rate of 5-7%. This announcement has sparked investor interest, as it provides clarity on the company's future financial goals and suggests confidence in its ability to deliver sustained earnings growth.
The current rally builds on UGI's recent positive momentum. The stock is up 5.41% this week, marking its best weekly performance since mid-January. Year-to-date, UGI has gained an impressive 30.09%, putting it on pace for its strongest annual performance since 2021. Despite these gains, the stock still remains about 1.12% below its 52-week high of $37.14, reached on July 22, 2025, indicating potential room for further growth if the company can deliver on its newly announced targets.
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