United Parcel Service, Inc. provides letter and package delivery, transportation, logistics, and related services. It operates through two segments, U.S. Domestic Package and International Package. 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. The International Package segment provides guaranteed day and time-definite international shipping services in Europe, the Asia Pacific, Canada and Latin America, the Indian sub-continent, the Middle East, and Africa. This segment offers guaranteed time-definite express options. The company also provides international air and ocean freight forwarding, customs brokerage, distribution and post-sales, and mail and consulting services in approximately 200 countries and territories. In addition, it offers truckload brokerage services; supply chain solutions to the healthcare and life sciences industry; shipping, visibility, and billing technologies; and financial and insurance services. The company operates a fleet of approximately 121,000 package cars, vans, tractors, and motorcycles; and owns 59,000 containers that are used to transport cargo in its aircraft. United Parcel Service, Inc. was founded in 1907 and is headquartered in Atlanta, Georgia.
United Parcel Service Stock Up 0.3 %
Shares of UPS opened at $196.65 on Wednesday. The company has a market capitalization of $171.83 billion, a price-to-earnings ratio of 15.80, a PEG ratio of 1.73 and a beta of 1.08. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.10. The stock's 50-day moving average price is $183.42 and its 200-day moving average price is $194.08. United Parcel Service has a 52 week low of $165.34 and a 52 week high of $233.72.
United Parcel Service (NYSE:UPS - Get Rating) last posted its quarterly earnings results on Tuesday, July 26th. The transportation company reported $3.29 EPS for the quarter, topping the consensus estimate of $3.14 by $0.15. The business had revenue of $24.80 billion for the quarter, compared to analyst estimates of $24.59 billion. United Parcel Service had a return on equity of 76.43% and a net margin of 10.92%. The company's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.06 EPS. On average, sell-side analysts predict that United Parcel Service will post 12.81 EPS for the current year.
United Parcel Service Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Monday, August 15th will be issued a $1.52 dividend. This represents a $6.08 annualized dividend and a yield of 3.09%. The ex-dividend date of this dividend is Friday, August 12th. United Parcel Service's dividend payout ratio (DPR) is 48.84%.
Analyst Upgrades and Downgrades
UPS has been the topic of several research reports. BMO Capital Markets dropped their price objective on shares of United Parcel Service from $225.00 to $200.00 and set a "market perform" rating on the stock in a research note on Wednesday, April 27th. Barclays cut their price objective on United Parcel Service from $220.00 to $200.00 and set an "equal weight" rating for the company in a report on Wednesday, July 27th. Bank of America lowered their target price on United Parcel Service from $204.00 to $199.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 27th. Berenberg Bank set a $200.00 price target on shares of United Parcel Service in a research note on Wednesday, July 27th. Finally, JPMorgan Chase & Co. set a $199.00 target price on shares of United Parcel Service in a report on Wednesday, July 27th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, United Parcel Service has a consensus rating of "Moderate Buy" and a consensus price target of $215.82.
Insider Activity at United Parcel Service
In related news, CMO Kevin M. Warren sold 23,366 shares of the business's stock in a transaction that occurred on Tuesday, August 2nd. The stock was sold at an average price of $193.31, for a total transaction of $4,516,881.46. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.12% of the company's stock.