In yesterday’s Wall Street session, United Parcel Service, Inc (NYSE:UPS) shares traded at $114.26, down -0.24% from the previous session.
UPS stock price is now -8.84% away from the 50-day moving average and -13.78% away from the 200-day moving average. The market capitalization of the company currently stands at $97.51B.
With the price target reduced from $160 to $130, Robert W. Baird Downgraded its rating from Outperform to Neutral for United Parcel Service, Inc (NYSE: UPS). On January 22, 2025, Evercore ISI reiterated its ‘In-line’ rating on the stock by increasing its target price from $141 to quote $147, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Cesarone Nando, President, US Operations sold 10,000 shares of the company’s stock on Nov 25 ’24. The stock was sold for $1,371,022 at an average price of $137.10. Upon completion of the transaction, the President, US Operations now directly owns 36,769 shares in the company, valued at $4.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, Chief Legal & Compliance Off Brothers Norman M. Jr sold 7,325 shares of the business’s stock. A total of $1,015,009 was realized by selling the stock at an average price of $138.57. A total of 14.68% of the company’s stock is owned by insiders.
During the past 12 months, United Parcel Service, Inc has had a low of $109.40 and a high of $158.95. As of last week, the company has a debt-to-equity ratio of 1.53, a current ratio of 1.17, and a quick ratio of 1.14. According to the stock market information, the enterprise value for the company is $134372777984, which is based on a 16.92 price-to-earnings ratio, a 2.17 price-to-earnings-growth ratio, and a beta of 0.94. The fifty day moving average price for UPS is $125.768 and a two-hundred day moving average price translates $132.69435 for the stock.
The latest earnings results from United Parcel Service, Inc (NYSE: UPS) was released for 2024-09-30. The net profit margin was 6.36% and return on equity was 33.99% for UPS. The company reported revenue of $22.25 billion for the quarter, compared to $21.06 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.62 percent.
