United Parcel Service (NYSE:UPS) Trading Down 1.5% – What’s Next?

by · The Cerbat Gem

Shares of United Parcel Service, Inc. (NYSE:UPS – Get Free Report) fell 1.5% during trading on Thursday . The stock traded as low as $90.84 and last traded at $91.00. 7,432,088 shares traded hands during trading, an increase of 8% from the average session volume of 6,893,666 shares. The stock had previously closed at $92.41.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on UPS. Wall Street Zen upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. JPMorgan Chase & Co. raised their price target on shares of United Parcel Service from $85.00 to $97.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of United Parcel Service from $100.00 to $88.00 and set a “hold” rating for the company in a report on Thursday, October 2nd. Truist Financial upped their price objective on United Parcel Service from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of United Parcel Service in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $110.00.

View Our Latest Report on United Parcel Service

United Parcel Service Stock Up 4.0%

The company has a quick ratio of 1.32, a current ratio of 1.30 and a debt-to-equity ratio of 1.50. The company has a market cap of $80.21 billion, a PE ratio of 14.61, a PEG ratio of 2.29 and a beta of 1.11. The company’s fifty day moving average is $88.78 and its 200-day moving average is $92.82.

United Parcel Service (NYSE:UPS – Get Free Report) last announced its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.43. The business had revenue of $21.42 billion during the quarter, compared to analyst estimates of $20.94 billion. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The company’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.76 EPS. United Parcel Service has set its Q4 2025 guidance at EPS. On average, analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, November 17th will be issued a $1.64 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.9%. United Parcel Service’s dividend payout ratio is currently 101.39%.

Institutional Investors Weigh In On United Parcel Service

A number of large investors have recently made changes to their positions in UPS. Capital Square LLC boosted its holdings in shares of United Parcel Service by 30.8% in the third quarter. Capital Square LLC now owns 25,677 shares of the transportation company’s stock worth $2,145,000 after buying an additional 6,044 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in United Parcel Service in the third quarter worth approximately $8,475,000. Centaurus Financial Inc. boosted its stake in shares of United Parcel Service by 27.9% during the 3rd quarter. Centaurus Financial Inc. now owns 11,214 shares of the transportation company’s stock worth $937,000 after acquiring an additional 2,443 shares during the last quarter. Asset Dedication LLC boosted its stake in shares of United Parcel Service by 36.2% during the 3rd quarter. Asset Dedication LLC now owns 3,423 shares of the transportation company’s stock worth $286,000 after acquiring an additional 909 shares during the last quarter. Finally, Tweedy Browne Co LLC bought a new stake in shares of United Parcel Service during the 3rd quarter valued at $714,000. 60.26% of the stock is currently owned by institutional investors.

About United Parcel Service

(Get Free Report)

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 express letters, documents, small packages, and palletized freight through air and ground services in the United States.

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