United Parcel Service, Inc. (NYSE:UPS)’s traded shares stood at 4.46 million during the latest session, with the company’s beta value hitting 0.98. At the last check today, the stock’s price was $137.15, to imply an increase of 4.37% or $5.74 in intraday trading. The UPS share’s 52-week high remains $163.82, putting it -19.45% down since that peak but still an impressive 10.23% since price per share fell to its 52-week low of $123.12. The company has a valuation of $117.48B, with an average of 3.24 million shares in intraday trading volume over the past 10 days and average of 4.28 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for United Parcel Service, Inc. (UPS), translating to a mean rating of 2.26. Of 18 analyst(s) looking at the stock, 2 analyst(s) give UPS a Sell rating. 1 of those analysts rate the stock as Overweight while 6 advise Hold as 9 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.63.
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United Parcel Service, Inc. (NYSE:UPS) trade information
After registering a 4.37% upside in the latest session, United Parcel Service, Inc. (UPS) has traded red over the past five days. The 5-day price performance for the stock is 1.28%, and 4.29% over 30 days. With these gigs, the year-to-date price performance is -12.77%. Short interest in United Parcel Service, Inc. (NYSE:UPS) saw shorts transact 13.67 million shares and set a 2.99 days time to cover.
The extremes give us $100 and $265 for target low and target high price respectively. As such, UPS has been trading -93.22% off suggested target high and 27.09% from its likely low.
United Parcel Service, Inc. (UPS) estimates and forecasts
Looking at statistics comparing United Parcel Service, Inc. share performance against respective industry, we note that the company has underperformed competitors. United Parcel Service, Inc. (UPS) shares are -6.95% down over the last 6 months, with its year-to-date growth rate lower than industry average at -15.26% against -10.00%. Revenue is forecast to grow 3.80% this quarter before jumping 2.40% for the next one. The rating firms project that company’s revenue will grow 1.00% compared to the previous financial year.
Revenue forecast for the current quarter as set by 20 analysts is 22.14B. Meanwhile, for the current quarter, a total of 19 analyst(s) estimate revenue growth to 26.25B.Earnings reports from the last fiscal year show that sales brought in 21.06B and 24.92B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 5.10% before jumping 5.30% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 7.20% for the past 5-year period. While 2024 is set for a -15.97% return in earnings, projections for the next 5 years are at 3.20% annually.
UPS Dividends
United Parcel Service, Inc. has its next earnings report out on 2024-Oct-24. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. United Parcel Service, Inc. has a forward dividend ratio of 6.51, with the share yield ticking at 4.75% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 3.24%.
United Parcel Service, Inc. (NYSE:UPS)’s Major holders
United Parcel Service, Inc. insiders hold 0.02% of total outstanding shares, with institutional holders owning 72.48% of the shares at 72.49% float percentage. In total, 72.48% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 63.95 million shares (or 7.4706% of shares), all amounting to roughly $8.75 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 55.37 million shares, or about 6.4682% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.58 billion.
We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the United Parcel Service, Inc. (UPS) shares. Going by data provided on Jun 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 23.05 shares. This is just over 3.15% of the total shares, with a market valuation of $3.17 billion. Data from the same date shows that the other fund manager holds a little less at 18.72, or 2.56% of the shares, all valued at about 2.58 billion.
