United Parcel Service, Inc. (NYSE: UPS) is -2.46% 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 $153.89 in the last trading session, with the day’s loss setting it -0.52%.
Currently trading at $153.37, the stock is 1.86% and 0.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.81 million and changing -0.34% at the moment leaves the stock -4.51% off its SMA200. UPS registered -16.81% loss for a year compared to 6-month loss of -4.58%. The firm has a 50-day simple moving average (SMA 50) of $1.66 and a 200-day simple moving average (SMA200) of $11.90.
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The stock witnessed a 6.34% gain in the last 1 month and extending the period to 3 months gives it a -2.47%, and is -0.38% down 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 1.72% over the week and 1.65% over the month.
United Parcel Service, Inc. (UPS) has around 500000 employees, a market worth around $130.77B and $90.75B in sales. Current P/E ratio is 19.68 and Fwd P/E is 15.82. Profit margin for the company is 7.39%. Distance from 52-week low is 14.73% and -22.46% 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 $1.57 with sales reaching $22.04B over the same period.The EPS is expected to shrink by -5.82% 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
2,805 institutions hold shares in United Parcel Service, Inc. (UPS), with institutional investors hold 72.30% of the company’s shares. The shares outstanding are 852.65M, and float is at 726.66M with Short Float at 1.51%. Institutions hold 72.29% 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
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 ’24 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 ’23 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 ’23 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.
