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.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

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.