United Parcel Service (UPS) Shares Fall As The Market Gets: What You Need To Know


This story originally appeared on Zacks

United Parcel Service (UPS) closed at $ 204.72 in the last trading session, marking a movement of -0.33% from the previous day. This change is smaller than the S&P 500’s 0.31% daily gain. Meanwhile, the Dow Jones gained 0.1% and the tech-heavy Nasdaq added 0.48%.

– Zack

Prior to today, shares in the parcel delivery service had lost 2.18% in the past month, behind the 1.99% loss in the transportation sector and the 0.04% loss in the S&P 500 during this month. period.

United Parcel Service will look to show some strength as the next results release draws near. The company is expected to post EPS of $ 3.05, up 14.66% from the previous year quarter. Meanwhile, Zacks’ consensus estimate for revenue projects net sales of $ 26.97 billion, up 8.35% from the previous year.

For the full year, our Zacks consensus estimates project earnings of $ 11.58 per share and revenue of $ 96.42 billion, which would represent changes of + 40.7% and +13. , 93%, respectively, over the previous year.

Any recent changes in analyst estimates for United Parcel Service should also be noted by investors. These revisions help show the ever-changing nature of short-term business trends. Thus, the positive estimate revisions reflect the optimism of analysts about the business and profitability of the company.

Our research shows that these changes in estimate are directly correlated with short-term stock prices. We have developed the Zacks Rank to capitalize on this phenomenon. Our system takes these rating changes into account and provides a clear and actionable scoring model.

Ranging from # 1 (strong buy) to # 5 (strong sell), the Zacks ranking system has a proven and externally verified track record of outperforming, with # 1 stocks returning an average of + 25% per year since. 1988. The Zacks Consensus EPS estimate fell 0.02% over the past month. United Parcel Service is currently a Zacks Rank # 3 (Hold).

Valuation is also important, so investors should note that United Parcel Service currently has a forward P / E ratio of 17.74. This represents a premium over its sector’s average forward P / E of 16.6.

It should also be noted that UPS currently has a PEG ratio of 1.47. This popular metric is similar to the well-known P / E ratio, except that the PEG ratio also takes into account the expected rate of earnings growth of the company. Transportation – Air Freight and Freight posted an average PEG ratio of 1.47 at yesterday’s closing price.

The Transport industry – Air freight and freight is part of the Transport sector. This group has a Zacks Industry Rank of 49, placing it in the top 20% of 250+ industries.

Zacks Industry Rank measures the strength of our industry groups by measuring the average Zacks Rank of individual stocks within groups. Our research shows that the top 50% of industries top the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to track all of these stock market metrics, and more, over future trading sessions.

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