Shares of United Parcel Service, Inc. (NYSE:UPS) have been given an average rating of “Hold” by the nineteen research firms that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $125.43.
Several analysts recently issued reports on UPS shares. Zacks Investment Research lowered United Parcel Service from a “hold” rating to a “sell” rating in a report on Monday, December 31st. Standpoint Research started coverage on United Parcel Service in a report on Wednesday, December 26th. They set a “buy” rating and a $89.89 target price on the stock. Morgan Stanley dropped their target price on United Parcel Service from $92.00 to $87.00 and set a “sell” rating on the stock in a report on Tuesday, December 4th. Berenberg Bank upgraded United Parcel Service from a “hold” rating to a “buy” rating and upped their target price for the stock from $125.00 to $130.00 in a report on Monday. Finally, Bank of America reiterated a “neutral” rating and set a $112.00 target price (down previously from $116.00) on shares of United Parcel Service in a report on Friday, February 1st.
In other United Parcel Service news, SVP Teri P. Mcclure sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 25th. The stock was sold at an average price of $109.72, for a total transaction of $548,600.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Richard N. Peretz sold 9,112 shares of the business’s stock in a transaction that occurred on Wednesday, February 13th. The stock was sold at an average price of $111.18, for a total value of $1,013,072.16. The disclosure for this sale can be found here. 0.17% of the stock is owned by insiders.
NYSE:UPS traded up $0.67 on Wednesday, reaching $114.35. The company’s stock had a trading volume of 2,556,513 shares, compared to its average volume of 3,319,294. United Parcel Service has a 1-year low of $89.89 and a 1-year high of $125.09. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 6.56. The stock has a market cap of $98.44 billion, a price-to-earnings ratio of 15.79, a PEG ratio of 1.69 and a beta of 1.21.
United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Thursday, January 31st. The transportation company reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.03. The company had revenue of $19.85 billion for the quarter, compared to analyst estimates of $19.92 billion. United Parcel Service had a return on equity of 254.74% and a net margin of 6.67%. During the same period in the previous year, the company posted $1.67 earnings per share. Sell-side analysts forecast that United Parcel Service will post 7.58 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Shareholders of record on Tuesday, February 26th were given a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date of this dividend was Monday, February 25th. This is an increase from United Parcel Service’s previous quarterly dividend of $0.91. United Parcel Service’s payout ratio is 53.04%.
About United Parcel Service
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.
Featured Article: Insider Trading
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.