United Parcel Service Inc. (NYSE:UPS) shares traded 0.34% higher at $171.51 on Wall Street last session.
In accordance with the data, 31 analysts cover United Parcel Service Inc. (NYSE:UPS). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $230.00 and a low of $100.00, we find $195.00. Given the previous closing price of $170.93, this indicates a potential upside of 14.08 percent. UPS stock price is now -6.51% away from the 50-day moving average and -5.52% away from the 200-day moving average. The market capitalization of the company currently stands at $147.40B.
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It has been rated a hold by 14 analysts and a buy by 13. Brokers who have rated the stock have averaged $192.18 as their price target over the next twelve months.
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In other news, Lane Laura J, CHF Crp Aff, Com & Sustain Off sold 14,617 shares of the company’s stock on Feb 21. The stock was sold for $2,604,143 at an average price of $178.16. Upon completion of the transaction, the CHF Crp Aff, Com & Sustain Off now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 17, Chief Legal & Compliance Off Brothers Norman M. Jr sold 20,724 shares of the business’s stock. A total of $3,777,235 was realized by selling the stock at an average price of $182.26. Insiders disposed of 516,159 shares of company stock worth roughly $88.53 million over the past 1 year.
There have been several recent changes in the stakes of large investors in UPS stock. A new stake in United Parcel Service Inc. shares was purchased by VULCAN VALUE PARTNERS, LLC during the first quarter worth $65,792,000. BRIDGEWATER ASSOCIATES, LP invested $20,131,000 in shares of UPS during the first quarter. In the first quarter, EDGAR LOMAX CO/VA acquired a new stake in United Parcel Service Inc. valued at approximately $8,758,000. CSM ADVISORS, LLC acquired a new stake in UPS for approximately $8,253,000. HOLOCENE ADVISORS, LP purchased a new stake in UPS valued at around $6,874,000 in the second quarter. In total, there are 2,815 active investors with 72.50% ownership of the company’s stock.
United Parcel Service Inc. (NYSE: UPS) opened at $171.61 on Monday. During the past 12 months, United Parcel Service Inc. has had a low of $154.87 and a high of $209.39. As of last week, the company has a debt-to-equity ratio of 1.11, a current ratio of 1.30, and a quick ratio of 1.30. According to the stock market information, the enterprise value for the company is $167.94B, which is based on a 13.86 price-to-earnings ratio, a 3.83 price-to-earnings-growth ratio, and a beta of 1.09. The fifty day moving average price for UPS is $183.25 and a two-hundred day moving average price translates $181.42 for the stock.
The latest earnings results from United Parcel Service Inc. (NYSE: UPS) was released for Mar, 2023. According to the Integrated Freight & Logistics Company, earnings per share came in at $2.2, missing analysts’ expectations of $2.21 by -0.01. This compares to $3.03 EPS in the same period last year. The net profit margin was 10.90% and return on equity was 59.00% for UPS. The company reported revenue of $22.93 billion for the quarter, compared to $24.38 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.96 percent. For the current quarter, analysts expect UPS to generate $23.17B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 06/01/2023. Investors who held shares on 05/15/2023 were paid a $1.62 dividend. On an annualized basis, this represents a $6.48 dividend and a 3.78% percent yield. There was an ex-dividend date of 05/12/2023 for this dividend. In terms of dividend payout ratio, UPS is presently at 49.70%.
United Parcel Service Inc.(UPS) Company Profile
United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite international shipping services comprising guaranteed time-definite express options in Europe, Asia, the Indian sub-continent, the Middle East, Africa, Canada, and Latin America. The company also provides international air and ocean freight forwarding, post-sales, and mail and consulting services. In addition, it offers truckload brokerage services; supply chain solutions to the healthcare and life sciences industries; financial and information services; and fulfillment and transportation management services. United Parcel Service, Inc. was founded in 1907 and is headquartered in Atlanta, Georgia.
