United Parcel Service, Inc. (NYSE:UPS) Receives $113.67 Consensus Price Target from Brokerages

Shares of United Parcel Service, Inc. (NYSE:UPS) have received a consensus rating of “Hold” from the twenty-eight brokerages that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $113.6667.

Several research analysts have recently weighed in on the company. Wolfe Research restated a “peer perform” rating on shares of United Parcel Service in a research note on Thursday, January 8th. Jefferies Financial Group boosted their target price on United Parcel Service from $115.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Oppenheimer upped their target price on shares of United Parcel Service from $107.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. Truist Financial lifted their price target on shares of United Parcel Service from $120.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Finally, Susquehanna boosted their price objective on shares of United Parcel Service from $105.00 to $115.00 and gave the company a “neutral” rating in a report on Tuesday, January 20th.

United Parcel Service Stock Down 2.4%

Shares of United Parcel Service stock opened at $110.52 on Monday. The company has a 50-day simple moving average of $109.98 and a two-hundred day simple moving average of $97.31. The stock has a market capitalization of $93.84 billion, a PE ratio of 16.85, a price-to-earnings-growth ratio of 1.79 and a beta of 1.08. United Parcel Service has a 52-week low of $82.00 and a 52-week high of $123.70. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.22 and a current ratio of 1.22.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.18. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The company had revenue of $24.48 billion during the quarter, compared to the consensus estimate of $23.91 billion. During the same quarter last year, the firm earned $2.75 earnings per share. The firm’s quarterly revenue was down 3.2% compared to the same quarter last year. On average, analysts anticipate that United Parcel Service will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Tuesday, February 17th will be issued a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Tuesday, February 17th. United Parcel Service’s dividend payout ratio is presently 100.00%.

Insider Activity

In related news, insider Norman M. Brothers, Jr. sold 25,014 shares of United Parcel Service stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $106.15, for a total value of $2,655,236.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.13% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Evelyn Partners Investment Management Europe Ltd lifted its stake in shares of United Parcel Service by 110.1% in the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company’s stock worth $25,000 after purchasing an additional 131 shares during the period. University of Texas Texas AM Investment Management Co. purchased a new stake in United Parcel Service during the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. bought a new position in United Parcel Service in the fourth quarter worth approximately $25,000. Coston McIsaac & Partners boosted its stake in shares of United Parcel Service by 77.8% during the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after acquiring an additional 119 shares during the last quarter. Finally, Torren Management LLC purchased a new position in shares of United Parcel Service during the 4th quarter worth $29,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

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.