The stock of United Parcel Service Inc. (NYSE:UPS) decreased by -$2.25 on Tuesday to finish at $173.26, down -1.28 percent. The last five days have seen an average of 3,204,500 shares of common stock traded. 12 times new highs were reached in the current year, with a fall of -$0.58. The average number of shares traded over the last 20 days was 3,758,485, while the average volume over the last 50 days totaled 3,709,534.
UPS stock dropped -5.19% since last month. On 08/15/23, the company’s shares reached a one-month low of $172.76. The stock touched a high of $209.39 on 04/20/23, after rallying from a low of $154.87 in 52 weeks. The price of UPS stock has declined by -0.33% or -$0.58 this year, reaching a new high 12 times. Still, the stock price is down -17.25% from the 52-week high.
Insider Transactions
UPS stock investors should be aware that United Parcel Service Inc. (UPS) stock had its last reported insider trading activity 176 days ago on Feb 21. On Feb 21, CHF Crp Aff, Com & Sustain Off Lane Laura J sold 14,617 shares at $178.16 each. This transaction resulted in the insider making $2,604,143. On Feb 17, Brothers Norman M. Jr sold 20,724 shares at a price of US$182.26. After the transaction, the insider now owns 0 shares. Chief Financial Officer Newman Brian had earlier sold 19,000 shares on Feb 17 for $182.46 a share. The transaction was completed for $3,466,770.
Valuation Metrics
United Parcel Service Inc. (UPS) has a trailing price-to-earnings (P/E) ratio of 15.02. Beta for the stock is 1.08. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.58, the price-to-book (PB) ratio of 7.45, and the price-to-cash flow ratio of 16.28.
Company paid $1.62 per share in dividends, remained unchanged from $1.62 last year. A $0.10 dividend increase was reported on Tuesday January 31 2023.
Financial Health
For the three months ended June 29, United Parcel Service Inc.’s quick ratio was 1.30, while its current ratio was 1.30, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.99, and the total debt to equity ratio is 1.11. As far as profitability goes, gross margin for the trailing twelve months is 78.30% percent. United Parcel Service Inc.’s EBITDA margin for the year ended June 29 was 16.15%, whereas its operating margin stood at 13.60% for the same period. Based on annual data, it had gross profit of $74.15 billion and revenue of $100.34 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 16.30%. There was a 24.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 63.20%.
Earnings Surprise
According to United Parcel Service Inc.’s quarterly financial report for the quarter that ended June 29, it had $19.35 billion in total debt versus $3.07 billion 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 $22.05 billion, while revenues fell by -12.29% to $22.93 billion. It was predicted that United Parcel Service Inc.’s quarterly earnings would be $2.54, but it ended up being $2.5, beating the consensus by 1.60%. EBITDA was $3.61 billion for the quarter. At the end of United Parcel Service Inc.’s most recent quarter ended June 29, its liabilities totaled 50.31 billion, while its total debt was $25.12 billion. Equity owned by shareholders amounts to $854.45 million.
Technical Picture
Here’s a quick look at United Parcel Service Inc.’s (UPS) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 23.55%, suggesting the stock is oversold, with a 11.93% historical volatility rate.
The stochastic %K and %D were 4.49% and 11.04% respectively, while the average true range (ATR) was 3.38. Based on the 14-day stochastic reading of 2.96%, the RSI (14) reading is 32.70%. On the 9-day MACD Oscillator, the stock is at -3.79, and the 14-day reading is at -6.35.
Analyst Ratings
United Parcel Service Inc. (NYSE: UPS) was downgraded by UBS to a a Neutral rating in its latest research report. The stock was previously rated as a a Buy. 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 14 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 11 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 $230.00, with a median target price of $195.00. In analyzing these forecasts, the average price target given by analysts for United Parcel Service Inc. (UPS) is $192.12.
