Bidness Etc expects the stock price to depict healthy growth by the end of the current year.
In 2013, a late surge in e-commerce packages and severe winter weather caught UPS by surprise, leaving more than one million packages stranded on Christmas Eve. Earnings per share outpaced the Zacks Consensus Estimate, while revenues missed the same. The company has a market cap of $70,278 million.
Through its efforts, United Parcel maintained market share at an average of 19.50% between fiscal year 2011 (FY11) and FY13. (NYSE:UPS) at 2.21. Research Analysts at Zacks have ranked the company at 2, suggesting the traders with a rating of buy for the short term. In response it is hiring more staff, buying new vehicles and trailers, using more aircraft, updating its website and investing $1 billion in facility and equipment improvements. The higher and the lower price estimates are $ 115 and $95 respectively.
Wall Street will be paying close attention when United Parcel Service, Inc. reports their next quarterly earnings report on 2015-10-27.
Analysts and investors will watch closely to see how the Atlanta-based company performs this year after two disappointing peak-season performances in a row. The firm now has a three to five year PEG ratio of 1.83. The firm’s revenue for the quarter was down 1.2% compared to the same quarter a year ago .
Most recently United Parcel Service, Inc. reported actual earnings of $1.35 per share for the quarter ending on 2015-06-30. This represents a $2.92 annualized dividend and a yield of 2.90%.
United Parcel Service, Inc. The 52-week low of the share price is at $93.64.
United Parcel Service, Inc. (NYSE:UPS) stock outperformed the Dow Jones Industrial Average Index (DJI) over the past 12 months, with further growth expected in future. (NYSE:UPS): On Thursday heightened volatility was witnessed in United Parcel Service, Inc.
In other news, SVP Kurt P. Kuehn sold 10,338 shares of the stock in a transaction on Monday, August 31st. The deal was valued at $1.8 billion and will be added to UPS’s financials in FY16. Company shares. In the past six months, there is a change of -13.7% in the total insider ownership. The sale was disclosed in a filing with the SEC, which is available at this link.
In taking a quick look at the current valuation of United Parcel Service, Inc. The Company delivers packages each business day for 1.1 million shipping customers to 7.7 million consignees in over 220 countries and territories.