United Parcel Service Inc. (UPS) Price Target: Is It Set To Rise Or Fall In Price?

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United Parcel Service Inc. (NYSE:UPS) finished Wednesday with a subtraction of -$1.85 to close at $173.83, a downside of -1.05 percent. An average of 5,122,380 shares of common stock have been traded in the last five days. There was a fall of -$17.13 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 3,078,850 shares traded, while the 50-day average volume stands at 2,737,758.

UPS stock has decreased by -15.78% in the last month. The company shares reached their 1-month lowest point of $173.20 on 09/16/22. With the stock rallying to its 52-week high on 02/01/22, shares of the company touched a low of $165.34 and a high of $233.72 in 52 weeks. It has reached a new high 4 times so far this year and lost -18.90% or -$40.51 in price. In spite of this, the price is down -25.62% from the 52-week high.


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Insider Transactions

42 days have passed since United Parcel Service Inc. (UPS) last reported insider trading activity. Gutmann Kathleen M., who is Pres Intl, Healthcare and SCS, most recently acquired $21,307 shares at $204.51 per share on Aug 11. In this transaction, the insider spent $4,357,435. Chief Marketing Officer, WARREN KEVIN M, disposed of 23,366 shares at a price of $193.31 on Aug 02. The insider now owns more than $4,516,904 worth of shares. Prior to that, President, US Operations Cesarone Nando went on to Sale 19,292 shares at $179.23 each on May 18. An amount of $3,457,697 was transacted.

Valuation Metrics

United Parcel Service Inc. (UPS) has a trailing price-to-earnings (P/E) ratio of 13.95. The stock’s beta is 1.07. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.58, the price-to-book (PB) ratio at 9.33, and the price-to-cash flow ratio at 23.78.

The company has a payout ratio of 40.60%. The company’s most recent quarterly dividend payment was $1.52 a share, without any change from last year. Its latest increase dividend $0.50 reported on Wednesday February 2 2022.

Financial Health

The quick ratio of United Parcel Service Inc. for the three months ended June 29 was 1.50, and the current ratio was 1.50, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.10 and a total debt to equity ratio of 1.26 for the quarter ending June 29. Its gross profit as reported stood at $71.94 billion compared to revenue of $97.29 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, United Parcel Service Inc.’s return on assets was 15.90%.

Earnings Surprise

For the three-month period that ended June 29, United Parcel Service Inc. had $336.0 million in cash and short-term investments compared to $18.0 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $2.85 billion in the quarter, while revenues of $2.66 billion were grew 6.07%. The analyst consensus anticipated United Parcel Service Inc.’s latest quarter earnings to come in at $3.16 per share, but it turned out to be $3.29, a 4.10% surprise. For the quarter, EBITDA amounted to $4.3 billion. Shareholders own equity worth $868.67 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at United Parcel Service Inc. (UPS) price momentum. RSI 9-day as of the close on 21 September was 21.06%, suggesting the stock is oversold, with historical volatility in this time frame at 32.89%.

As of today, UPS’s price is $178.25 -8.97% or -$17.13 from its 5-day moving average. UPS is currently trading -15.32% lower than its 20-day SMA and -8.59% lower than its 100-day SMA. However, the stock’s current price level is -3.09% below the SMA50 and -13.40% below the SMA200.

The stochastic %K and %D were 11.94% and 13.47%, respectively, and the average true range (ATR) was 5.22. With the 14-day stochastic at 2.27% and the average true range at 4.85, the RSI (14) stands at 26.54%. The stock has reached -9.46 on the 9-day MACD Oscillator while the 14-day reading was at -13.12.

Analyst Ratings

Evercore ISI downgraded United Parcel Service Inc. (NYSE: UPS) to a an In-line rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for United Parcel Service Inc. (UPS) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell UPS, while 13 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 12 others rate it as a “buy”.

What is UPS’s price target for the next 12 months?

Analysts predict a range of price targets between $148.00 and $251.00, with a median target of $210.00. Taking a look at these predictions, the average price target given by analysts for United Parcel Service Inc. (UPS) stock is $211.63.

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