In recent trading session, United Parcel Service Inc. (NYSE:UPS) saw 1.19 million shares changing hands at last check today with its beta currently measuring 1.07. Company’s recent per share price level of $169.70 trading at -$4.13 or -2.38% at last check today assigns it a market valuation of $158.08B. That most recent trading price of UPS’s stock is at a discount of -37.73% from its 52-week high price of $233.72 and is indicating a premium of 2.57% from its 52-week low price of $165.34. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.69 million shares which gives us an average trading volume of 2.75 million if we extend that period to 3-months.
United Parcel Service Inc. (NYSE:UPS) trade information
Upright in the red during last session for losing -2.38%, in the last five days UPS remained trading in the red while hitting it’s week-highest on Monday, 09/19/22 when the stock touched $169.70 price level, adding 5.93% to its value on the day. United Parcel Service Inc.’s shares saw a change of -18.90% in year-to-date performance and have moved -8.97% in past 5-day. United Parcel Service Inc. (NYSE:UPS) showed a performance of -15.78% in past 30-days. Number of shares sold short was 11.93 million shares which calculate 3.77 days to cover the short interests.
United Parcel Service Inc. (UPS) estimates and forecasts
Statistics highlight that United Parcel Service Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -20.41% of value to its shares in past 6 months, showing an annual growth rate of 5.94% while that of industry is 10.80. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 11.40% in the current quarter and calculating -1.10% decrease in the next quarter. This year revenue growth is estimated to rise 4.70% from the last financial year’s standing.
20 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $24.42 billion for the same. And 19 analysts are in estimates of company making revenue of $28.61 billion in the next quarter that will end on Dec 2022. Company posted $23.18 billion and $27.77 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 5.30% while estimating it to be 3.00% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 30.60% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 852.10% while estimates for its earnings growth in next 5 years are of 5.61%.
United Parcel Service Inc. is more likely to be releasing its next quarterly report between April 25 and April 29 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
United Parcel Service Inc. (NYSE:UPS)’s Major holders
Insiders are in possession of 0.05% of company’s total shares while institution are holding 71.43 percent of that, with stock having share float percentage of 71.46%. Investors also watch the number of corporate investors in a company very closely, which is 71.43% institutions for United Parcel Service Inc. that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at UPS for having 65.25 million shares of worth $13.99 billion. And as of Mar 30, 2022, it was holding 8.88% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 53.87 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 7.34% of outstanding shares, having a total worth of $11.55 billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 30, 2022, the former fund manager was holding 21.15 million shares of worth $4.53 billion or 2.88% of the total outstanding shares. The later fund manager was in possession of 15.96 million shares on Mar 30, 2022, making its stake of worth around $3.42 billion in the company or a holder of 2.17% of company’s stock.