Several analysts have recently updated their ratings and price targets for United Parcel Service (NYSE: UPS):

  • 8/8/2017 – United Parcel Service was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating. They now have a $128.00 price target on the stock, up previously from $115.00.
  • 8/5/2017 – United Parcel Service was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 7/28/2017 – United Parcel Service was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/27/2017 – United Parcel Service was upgraded by analysts at TheStreet from a “c” rating to a “b” rating.
  • 7/19/2017 – United Parcel Service had its “hold” rating reaffirmed by analysts at Cowen and Company.
  • 7/17/2017 – United Parcel Service was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Shares of United Parcel Service have underperformed the Zacks-categorized Transportation-Air Freight industry over the last one year. The company is being troubled by headwinds like higher costs and foreign exchange-related issues. Foreign currency-related headwinds are expected to hurt results in the second quarter of 2017, scheduled to be revealed on Jul 27. The negative sentiment surrounding the stock can be gauged from the 0.7% decline in the Zacks Consensus Estimate to $1.46 per share over the last two months. United Parcel's efforts to reward its shareholders are, however, impressive. The company hiked quarterly dividend by 6.4% earlier this year. Its expansion efforts also raise optimism.”
  • 7/4/2017 – United Parcel Service was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “United Parcel Service's efforts to reward its shareholders is impressive. The company hiked quarterly dividend by 6.4% earlier this year. Moreover, United Parcel's expansion initiatives are encouraging. The company's recent efforts to expand in China, through the proposed joint venture with SF Holding, are in sync with this objective. Moreover, it recently acquired Freightex Ltd. to establish its presence in UK. However the company is still troubled by headwinds like higher costs and foreign exchange-related issues. Foreign currency-related headwinds are expected to hurt 2017 results. Shares of United Parcel Service have underperformed the Zacks-categorized Transportation-Air Freight industry over the last one year.”
  • 7/3/2017 – United Parcel Service had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $127.00 price target on the stock.
  • 6/28/2017 – United Parcel Service was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 6/20/2017 – United Parcel Service was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

United Parcel Service, Inc. (NYSE:UPS) opened at 110.92 on Friday. United Parcel Service, Inc. has a 12-month low of $102.12 and a 12-month high of $120.44. The stock has a 50 day moving average price of $111.01 and a 200-day moving average price of $108.09. The stock has a market cap of $96.05 billion, a P/E ratio of 27.27 and a beta of 0.88.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, July 27th. The transportation company reported $1.58 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.46 by $0.12. The business had revenue of $15.75 billion for the quarter, compared to analyst estimates of $15.49 billion. United Parcel Service had a return on equity of 417.18% and a net margin of 5.68%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.43 earnings per share. On average, equities analysts expect that United Parcel Service, Inc. will post $6.01 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Monday, August 14th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 2.99%. The ex-dividend date is Thursday, August 10th. United Parcel Service’s dividend payout ratio is currently 81.57%.

In related news, SVP Kathleen M. Gutmann sold 2,000 shares of the business’s stock in a transaction dated Monday, June 5th. The stock was sold at an average price of $107.49, for a total value of $214,980.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider James J. Barber sold 3,556 shares of the business’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $110.85, for a total value of $394,182.60. The disclosure for this sale can be found here. 0.59% of the stock is owned by insiders.

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.

Receive News & Ratings for United Parcel Service Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service Inc and related companies with MarketBeat.com's FREE daily email newsletter.