Citigroup Issues Positive Forecast for United Parcel Service (NYSE:UPS) Stock Price

Key Points

• Citigroup raised its UPS price target to $131 from $122 and reiterated a “buy” rating, implying approximately 24.3% upside from the stock’s quoted price of $105.40.
• Analyst sentiment remains mixed: UPS has an average “hold” rating and a consensus price target of $116.25, despite several brokerages recently raising their targets.
• UPS exceeded quarterly expectations, reporting $1.69 in earnings per share versus the $1.62 consensus and $22.9 billion in revenue, up 6.9% year over year; shares nevertheless fell 0.7% in the cited session.

United Parcel Service (NYSE:UPS - Get Free Report) had its target price upped by analysts at Citigroup from $122.00 to $131.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has a "buy" rating on the transportation company's stock. Citigroup's target price would suggest a potential upside of 24.29% from the company's current price.

A number of other equities analysts also recently commented on UPS. Evercore raised their price objective on United Parcel Service from $117.00 to $118.00 in a report on Wednesday, July 29th. Bank of America lifted their price objective on United Parcel Service from $108.00 to $114.00 and gave the company a "neutral" rating in a research note on Wednesday. Susquehanna boosted their target price on United Parcel Service from $118.00 to $120.00 and gave the stock a "neutral" rating in a report on Wednesday, July 29th. Wells Fargo & Company increased their target price on shares of United Parcel Service from $110.00 to $112.00 and gave the stock an "equal weight" rating in a research report on Wednesday. Finally, Truist Financial raised their price target on shares of United Parcel Service from $115.00 to $120.00 and gave the company a "buy" rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, United Parcel Service presently has an average rating of "Hold" and a consensus price target of $116.25.

United Parcel Service Trading Down 0.7%

Shares of UPS stock traded down $0.69 on Wednesday, reaching $105.40. 3,914,989 shares of the stock were exchanged, compared to its average volume of 5,616,545. The stock has a market cap of $89.67 billion, a P/E ratio of 19.59, a price-to-earnings-growth ratio of 1.86 and a beta of 1.07. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.58. The firm has a 50 day moving average of $98.92 and a two-hundred day moving average of $104.64. United Parcel Service has a 1-year low of $90.84 and a 1-year high of $122.41.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its earnings results on Tuesday, October 27th. The transportation company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.07. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%. The business had revenue of $22.90 billion for the quarter, compared to analyst estimates of $22.27 billion. During the same period last year, the company posted $1.74 EPS. The business's quarterly revenue was up 6.9% on a year-over-year basis. On average, research analysts anticipate that United Parcel Service will post 7.19 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Legacy Wealth Managment LLC ID raised its holdings in shares of United Parcel Service by 48.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company's stock valued at $30,000 after buying an additional 101 shares during the period. Markowski Investments acquired a new position in United Parcel Service during the 2nd quarter worth approximately $30,000. Allied Private Wealth LLC purchased a new position in United Parcel Service in the 2nd quarter worth approximately $34,000. Grove Bank & Trust boosted its holdings in United Parcel Service by 49.8% in the 2nd quarter. Grove Bank & Trust now owns 379 shares of the transportation company's stock worth $41,000 after acquiring an additional 126 shares during the period. Finally, Community Financial Services Group LLC boosted its holdings in United Parcel Service by 170.1% in the 2nd quarter. Community Financial Services Group LLC now owns 370 shares of the transportation company's stock worth $41,000 after acquiring an additional 233 shares during the period. Institutional investors and hedge funds own 60.26% of the company's stock.

United Parcel Service News Summary

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: Quarterly beat and raised outlook: UPS reported adjusted third-quarter EPS of $1.69 versus the $1.62 consensus, while revenue increased 6.9% year over year to $22.9 billion. Management raised its 2026 adjusted EPS forecast to $7.28 from $7.22 and projected approximately $92.6 billion in revenue and $8.75 billion in operating profit. UPS beats quarterly expectations, raises full-year guidance again
• Positive Sentiment: Profitability is improving despite lower volume: Higher-margin international air shipments, premium healthcare and data-center logistics, better pricing and network efficiencies helped offset fewer domestic packages and reduced lower-margin Amazon deliveries. Free cash flow also rose 53.8%, supporting the investment case and potentially future capital returns. UPS raises annual forecasts as higher-paying shipments boost margin
• Positive Sentiment: Several analysts lifted targets: Truist raised its target to $120 with a buy rating, while Oppenheimer increased its target to $119 and maintained outperform. Wells Fargo, Bank of America and TD Cowen also raised targets, although their ratings remained equal weight, neutral or hold.
• Neutral Sentiment: Wall Street remains divided: Barclays raised its target from $80 to $95 but retained an underweight rating, implying that the recent rally may have moved the stock ahead of its fundamentals. UPS Stock In Focus As Wall Street Raises Price Targets
• Negative Sentiment: Volume and execution risks remain: Domestic package demand is declining, and UPS is relying on pricing and a more selective customer mix to protect earnings. Investors may also be cautious about elevated fuel surcharges and reported goodwill and asset-impairment charges. United Parcel Service Imposed Record Fuel Surcharges On US Shipping

United Parcel Service Company Profile

United Parcel Service, Inc NYSE: UPS is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.