United Parcel Service Inc. (UPS): Technical Analysis Suggests You Should Hold

0
11
KOSK
KOSK

The stock of United Parcel Service Inc. (NYSE:UPS) increased by $2.13 on Tuesday to finish at $182.74, up 1.18 percent. The last five days have seen an average of 2,581,960 shares of common stock traded. 4 times new highs were reached in the current year, with a fall of -$31.60. The average number of shares traded over the last 20 days was 3,024,655, while the average volume over the last 50 days totaled 3,330,008.

UPS stock appreciated 9.07% since last month. On 11/03/22, the company’s shares reached a one-month low of $160.07. The stock touched a high of $233.72 on 02/01/22, after rallying from a low of $154.87 in 52 weeks. The price of UPS stock has declined by -14.74% or -$31.60 this year, reaching a new high 4 times. Still, the stock price is down -21.81% from the 52-week high.


Do You Own These 7 Inflation-Survival Stocks?

Inflation is still near 40-year highs and rising prices are putting a big dent in our wallets. Unless you find out how to protect your portfolio and outpace inflation, you'll keep being at the mercy of economic factors out of your control. Especially since the price of electricity, food, and shelter are creeping up higher than ever. In this special report, I detail 7 stocks to help you survive and thrive in today's market. They're backed by solid companies, positioned to profit during tough economic times, and offer out-sized dividends to help you outpace inflation.

Click here to get your free copy of the report

Sponsored


Insider Transactions

UPS stock investors should be aware that United Parcel Service Inc. (UPS) stock had its last reported insider trading activity 104 days ago on Aug 11. On Aug 11, Pres Intl, Healthcare and SCS Gutmann Kathleen M. sold 21,307 shares at $204.51 each. This transaction resulted in the insider making $4,357,435. On Aug 02, WARREN KEVIN M sold 23,366 shares at a price of US$193.31. After the transaction, the insider now owns 0 shares. President, US Operations Cesarone Nando had earlier sold 19,292 shares on May 18 for $179.23 a share. The transaction was completed for $3,457,697.

Valuation Metrics

United Parcel Service Inc. (UPS) has a trailing price-to-earnings (P/E) ratio of 14.31. Beta for the stock is 1.10. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.54, the price-to-book (PB) ratio of 9.34, and the price-to-cash flow ratio of 28.71.

Company paid $1.52 per share in dividends, remained unchanged from $1.52 last year. A $0.50 dividend increase was reported on Wednesday February 2 2022.

Financial Health

For the three months ended September 29, United Parcel Service Inc.’s quick ratio was 1.40, while its current ratio was 1.40, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending September 29 is 1.05, and the total debt to equity ratio is 1.20. As far as profitability goes, gross margin for the trailing twelve months is 75.70% percent. United Parcel Service Inc.’s operating margin stood at 13.60% for the same period. Based on annual data, it had gross profit of $71.94 billion and revenue of $97.29 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. UPS’s return on assets (ROA) during the last 12 months has been 16.00%. There was a 25.20% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 71.10%.

Earnings Surprise

According to United Parcel Service Inc.’s quarterly financial report for the quarter that ended September 29, it had $17.77 billion in total debt versus $331.0 million in cash and short-term investments. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $24.16 billion, while revenues rose by 4.04% to $24.77 billion. It was predicted that United Parcel Service Inc.’s quarterly earnings would be $2.99, but it ended up being $2.84, beating the consensus by 5.30%. EBITDA was $3.89 billion for the quarter. At the end of United Parcel Service Inc.’s most recent quarter ended September 29, its liabilities totaled 52.56 billion, while its total debt was $23.87 billion. Equity owned by shareholders amounts to $864.92 million.

Technical Picture

Here’s a quick look at United Parcel Service Inc.’s (UPS) price momentum from a technical perspective. As of 22 November, the RSI 9-day stood at 69.01%, suggesting the stock is Neutral, with a 31.18% historical volatility rate.

The stochastic %K and %D were 94.29% and 86.91% respectively, while the average true range (ATR) was 4.43. Based on the 14-day stochastic reading of 99.34%, the RSI (14) reading is 64.11%. On the 9-day MACD Oscillator, the stock is at 2.42, and the 14-day reading is at 6.71.

Analyst Ratings

Analysts have assigned United Parcel Service Inc. (UPS) an Overweight rating. UPS is a stock that is recommended for selling by 2 brokerage firms, while 12 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 13 others recommend it as a buy.

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

The current consensus forecast for the stock is between $100.00 and $251.00, with a median target price of $196.00. In analyzing these forecasts, the average price target given by analysts for United Parcel Service Inc. (UPS) is $192.52.

LEAVE A REPLY

Please enter your comment!
Please enter your name here