Shares of United Parcel Service, Inc. (NYSE:UPS) have been given a consensus rating of “Hold” by the twenty-eight ratings firms that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation, nine have given a buy recommendation and three have issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $129.17.
Several equities research analysts have weighed in on UPS shares. Standpoint Research cut United Parcel Service from a “buy” rating to a “hold” rating in a research note on Monday, August 3rd. Barclays restated a “sell” rating and set a $120.00 target price on shares of United Parcel Service in a research note on Friday, July 31st. Stephens upped their price target on shares of United Parcel Service from $105.00 to $150.00 and gave the stock an “equal weight” rating in a report on Monday, August 3rd. BMO Capital Markets upped their price target on shares of United Parcel Service from $95.00 to $115.00 and gave the stock an “underperform” rating in a report on Friday, July 31st. They noted that the move was a valuation call. Finally, Berenberg Bank reiterated a “neutral” rating and set a $105.00 price target on shares of United Parcel Service in a report on Tuesday, April 28th.
In other news, CEO Carol B. Tome purchased 10,100 shares of the business’s stock in a transaction on Friday, May 29th. The shares were acquired at an average price of $99.33 per share, with a total value of $1,003,233.00. Following the completion of the transaction, the chief executive officer now owns 13,036 shares of the company’s stock, valued at approximately $1,294,865.88. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Norman M. Brothers, Jr. sold 9,825 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $159.15, for a total transaction of $1,563,648.75. Corporate insiders own 0.57% of the company’s stock.
A number of institutional investors and hedge funds have recently modified their holdings of UPS. TD Capital Management LLC bought a new stake in United Parcel Service during the first quarter worth about $28,000. Ellevest Inc. increased its holdings in United Parcel Service by 69.5% during the second quarter. Ellevest Inc. now owns 300 shares of the transportation company’s stock valued at $33,000 after buying an additional 123 shares during the last quarter. Pinnacle Holdings LLC purchased a new stake in United Parcel Service during the first quarter valued at approximately $34,000. Red Door Wealth Management LLC purchased a new stake in United Parcel Service during the first quarter valued at approximately $38,000. Finally, M&R Capital Management Inc. increased its holdings in United Parcel Service by 104.8% during the second quarter. M&R Capital Management Inc. now owns 342 shares of the transportation company’s stock valued at $38,000 after buying an additional 175 shares during the last quarter. 54.67% of the stock is currently owned by institutional investors and hedge funds.
NYSE UPS traded down $0.56 on Friday, hitting $159.78. 88,682 shares of the company’s stock were exchanged, compared to its average volume of 5,758,646. The stock has a 50-day moving average of $130.98 and a 200-day moving average of $106.96. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 5.86. United Parcel Service has a 52 week low of $82.00 and a 52 week high of $162.70. The stock has a market cap of $138.13 billion, a price-to-earnings ratio of 31.81, a P/E/G ratio of 3.09 and a beta of 0.94.
United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, July 30th. The transportation company reported $2.13 earnings per share for the quarter, topping the consensus estimate of $1.07 by $1.06. United Parcel Service had a return on equity of 156.85% and a net margin of 5.66%. The firm had revenue of $20.46 billion during the quarter, compared to analysts’ expectations of $17.42 billion. During the same period in the prior year, the company earned $1.96 earnings per share. The company’s quarterly revenue was up 13.4% on a year-over-year basis. As a group, analysts predict that United Parcel Service will post 6.67 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Monday, August 24th will be given a dividend of $1.01 per share. The ex-dividend date is Friday, August 21st. This represents a $4.04 dividend on an annualized basis and a yield of 2.53%. United Parcel Service’s dividend payout ratio (DPR) is currently 53.65%.
United Parcel Service Company Profile
United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. 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.
See Also: Limitations of the P/E Growth ratio
Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.com's FREE daily email newsletter.