Evercore ISI Issues Positive Forecast for United Parcel Service (NYSE:UPS) Stock Price

United Parcel Service (NYSE:UPS) had its price target boosted by stock analysts at Evercore ISI from $94.00 to $113.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “in-line” rating on the transportation company’s stock. Evercore ISI’s price objective would indicate a potential upside of 4.38% from the stock’s current price.

A number of other equities research analysts also recently issued reports on UPS. Deutsche Bank Aktiengesellschaft cut their price objective on shares of United Parcel Service from $100.00 to $88.00 and set a “hold” rating for the company in a research report on Thursday, October 2nd. Citigroup lifted their target price on United Parcel Service from $120.00 to $126.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Sanford C. Bernstein upped their price target on United Parcel Service from $122.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. Stifel Nicolaus raised their price objective on United Parcel Service from $110.00 to $112.00 and gave the stock a “buy” rating in a research note on Tuesday, December 16th. Finally, Wells Fargo & Company lifted their price objective on United Parcel Service from $91.00 to $96.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $112.21.

United Parcel Service Stock Performance

Shares of NYSE:UPS traded up $1.72 during midday trading on Wednesday, reaching $108.26. 991,626 shares of the company’s stock traded hands, compared to its average volume of 4,888,260. The company has a market cap of $91.85 billion, a price-to-earnings ratio of 16.74, a P/E/G ratio of 2.33 and a beta of 1.11. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.30 and a current ratio of 1.30. United Parcel Service has a one year low of $82.00 and a one year high of $136.99. The stock has a 50 day moving average of $99.71 and a 200 day moving average of $93.19.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.43. The company had revenue of $21.42 billion for the quarter, compared to analysts’ expectations of $20.94 billion. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The firm’s quarterly revenue was down 3.7% on a year-over-year basis. During the same quarter last year, the company posted $1.76 earnings per share. As a group, equities research analysts anticipate that United Parcel Service will post 7.95 EPS for the current fiscal year.

Hedge Funds Weigh In On United Parcel Service

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cornerstone Wealth Group LLC boosted its stake in United Parcel Service by 3.9% during the second quarter. Cornerstone Wealth Group LLC now owns 2,557 shares of the transportation company’s stock worth $258,000 after buying an additional 97 shares during the period. Tema Etfs LLC lifted its holdings in shares of United Parcel Service by 0.8% in the 4th quarter. Tema Etfs LLC now owns 12,999 shares of the transportation company’s stock worth $1,289,000 after acquiring an additional 101 shares during the last quarter. CFS Investment Advisory Services LLC lifted its holdings in shares of United Parcel Service by 2.6% in the 3rd quarter. CFS Investment Advisory Services LLC now owns 4,268 shares of the transportation company’s stock worth $372,000 after acquiring an additional 108 shares during the last quarter. Center for Financial Planning Inc. boosted its stake in shares of United Parcel Service by 4.6% during the 3rd quarter. Center for Financial Planning Inc. now owns 2,558 shares of the transportation company’s stock worth $214,000 after purchasing an additional 112 shares during the period. Finally, Gleason Group Inc. grew its holdings in United Parcel Service by 1.7% during the 2nd quarter. Gleason Group Inc. now owns 6,864 shares of the transportation company’s stock valued at $693,000 after purchasing an additional 113 shares during the last quarter. 60.26% of the stock is owned by institutional investors.

More United Parcel Service News

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: Analyst signal — Susquehanna raised its price target from $105 to $115 (neutral rating), giving the stock near-term upside and lending support to buyers. Article Title
• Positive Sentiment: Bull case narratives emphasize improving network efficiency, higher-margin focus and attractive valuation multiples, which underpin conviction that operational changes could drive longer-term earnings upside. Article Title
• Positive Sentiment: Fundamental improvement themes — commentary highlighting better revenue quality and more efficient delivery operations supports a constructive medium-term outlook. Article Title
• Neutral Sentiment: Valuation/watchlist notes — several outlets point to an attractive yield, buybacks and a discount valuation versus history, making UPS a candidate for income-oriented investors if risks stay contained. Article Title
• Neutral Sentiment: Earnings timing — UPS is expected to report quarterly results soon, a catalyst that could amplify intraday moves as investors reassess volumes, margins and guidance. Article Title
• Negative Sentiment: Near-term headwinds — analysts and previews warn of weak shipment volumes, margin pressure and uncertain free cash flow that could blunt the turnaround narrative if results disappoint. Article Title
• Negative Sentiment: Macro/operational skepticism — deeper critiques argue that lower analyst expectations don’t prove the turnaround is working; risks from weak manufacturing, tariffs on SMBs and execution on automation remain. Article Title

United Parcel Service Company Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.