United Parcel Service, Inc. (UPS) Stock Could Soon Reward Patient Investors

United Parcel Service, Inc. (NYSE: UPS) is -6.98% lower on its value in year-to-date trading and has touched a low of $133.68 and a high of $197.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UPS stock was last observed hovering at around $147.92 in the last trading session, with the day’s loss setting it -1.66%.

Currently trading at $146.26, the stock is -3.92% and -5.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.83 million and changing -1.12% at the moment leaves the stock -10.48% off its SMA200. UPS registered -21.52% loss for a year compared to 6-month loss of -18.92%. The firm has a 50-day simple moving average (SMA 50) of $1.60 and a 200-day simple moving average (SMA200) of $11.42.

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The stock witnessed a -9.28% gain in the last 1 month and extending the period to 3 months gives it a 3.04%, and is 3.11% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.00% over the week and 1.96% over the month.

United Parcel Service, Inc. (UPS) has around Feb 16 2024 employees, a market worth around $124.60B and $90.80B in sales. Current P/E ratio is 18.77 and Fwd P/E is 14.89. Profit margin for the company is 7.39%. Distance from 52-week low is 9.41% and -26.06% from its 52-week high. The company has generated returns on investments over the last 12 months (16.78%).

United Parcel Service, Inc. quarterly earnings per share for the current quarter are estimated at $1.59 with sales reaching $22.04B over the same period.The EPS is expected to shrink by -4.72% this year, but quarterly earnings will post 2.40% year-over-year. Quarterly sales are estimated to shrink -4.20% in year-over-year returns.

United Parcel Service, Inc. (UPS) Top Institutional Holders

2,750 institutions hold shares in United Parcel Service, Inc. (UPS), with institutional investors hold 71.15% of the company’s shares. The shares outstanding are 724.80M, and float is at 723.08M with Short Float at 1.64%. Institutions hold 71.14% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 67.0 million shares valued at $12.01 billion. The investor’s holdings represent 9.26% of the UPS Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 54.27 million shares valued at $9.73 billion to account for 7.50% of the shares outstanding. The other top investors are State Street Corporation which holds 28.35 million shares representing 3.92% and valued at over $5.08 billion, while JP Morgan Chase & Company holds 3.06% of the shares totaling 22.14 million with a market value of $3.97 billion.

United Parcel Service, Inc. (UPS) Insider Activity

A total of 5 insider transactions have happened at United Parcel Service, Inc. (UPS) in the last six months, with sales accounting for 3 and purchases happening 2 times. The most recent transaction is an insider purchase by Boratto Eva C ,the company’sDirector. SEC filings show that Boratto Eva C bought 1,400 shares of the company’s common stock on Feb 02 at a price of $142.30 per share for a total of $0.2 million. Following the purchase, the insider now owns 1400.0 shares.

United Parcel Service, Inc. disclosed in a document filed with the SEC on Aug 16 that Cesarone Nando (President, US Operations) sold a total of 22,825 shares of the company’s common stock. The trade occurred on Aug 16 and was made at $171.70 per share for $3.92 million. Following the transaction, the insider now directly holds 1.0 shares of the UPS stock.

Still, SEC filings show that on Feb 21, Lane Laura J (CHF Crp Aff, Com & Sustain Off) disposed off 14,617 shares at an average price of $178.16 for $2.6 million. The insider now directly holds 0 shares of United Parcel Service, Inc. (UPS).

United Parcel Service, Inc. (UPS): Who are the competitors?

The company’s main competitors (and peers) include Deutsche Post AG (DHL) that is trading 3.34% up over the past 12 months. FedEx Corp. (FDX) that is 14.63% higher over the same period.