United Parcel Service, Inc. (NYSE:UPS) shares traded -0.18% lower at $146.91 on Wall Street last session.
In accordance with the data, 33 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 $220.00 and a low of $100.00, we find $165.00. Given the previous closing price of $147.17, this indicates a potential upside of 12.12 percent. UPS stock price is now -2.65% away from the 50-day moving average and -14.94% away from the 200-day moving average. The market capitalization of the company currently stands at $125.16B.
It has been rated a hold by 16 analysts and a buy by 12. Brokers who have rated the stock have averaged $166.31 as their price target over the next twelve months.
With the price target of $170, HSBC Securities recently initiated with Hold rating for United Parcel Service, Inc. (NYSE: UPS).
In other news, Cesarone Nando, President, US Operations sold 22,825 shares of the company’s stock on Aug 16. The stock was sold for $3,919,052 at an average price of $171.70. Upon completion of the transaction, the President, US Operations now directly owns 1 shares in the company, valued at $146.91. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 21, CHF Crp Aff, Com & Sustain Off Lane Laura J sold 14,617 shares of the business’s stock. A total of $2,604,143 was realized by selling the stock at an average price of $178.16. Insiders disposed of 497,728 shares of company stock worth roughly $73.12 million over the past 1 year. A total of 15.13% of the company’s stock is owned by insiders.
United Parcel Service, Inc. (NYSE: UPS) opened at $147.27 on Thursday. During the past 12 months, United Parcel Service, Inc. has had a low of $133.68 and a high of $197.80. As of last week, the company has a debt-to-equity ratio of 1.33, a current ratio of 1.22, and a quick ratio of 1.22. The fifty day moving average price for UPS is $150.60 and a two-hundred day moving average price translates $172.52 for the stock.
The latest earnings results from United Parcel Service, Inc. (NYSE: UPS) was released for Sep, 2023. The net profit margin was 9.22% and return on equity was 47.35% for UPS. The company reported revenue of $21.06 billion for the quarter, compared to $24.16 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.83 percent.
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.