United Parcel Service, Inc. (NYSE: UPS) is -14.39% lower on its value in year-to-date trading and has touched a low of $123.12 and a high of $163.82 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 $132.84 in the last trading session, with the day’s gains setting it 1.76%.
Currently trading at $134.60, the stock is 2.14% and 4.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.34 million and changing 1.32% at the moment leaves the stock -5.07% off its SMA200. UPS registered -13.33% loss for a year compared to 6-month loss of -7.11%. The firm has a 50-day simple moving average (SMA 50) of $129.2008 and a 200-day simple moving average (SMA200) of $141.7867.
The stock witnessed a 4.81% gain in the last 1 month and extending the period to 3 months gives it a -6.63%, and is 2.55% 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 1.20% over the week and 1.54% over the month.
United Parcel Service, Inc. (UPS) has around 500000 employees, a market worth around $115.30B and $89.32B in sales. Current P/E ratio is 21.97 and Fwd P/E is 15.08. Profit margin for the company is 5.88%. Distance from 52-week low is 9.32% and -17.83% from its 52-week high. The company has generated returns on investments over the last 12 months (12.88%).
with sales reaching $22.17B over the same period.The EPS is expected to shrink by -15.27% this year, but quarterly earnings will post 1.20% year-over-year. Quarterly sales are estimated to grow 5.20% in year-over-year returns.
United Parcel Service, Inc. (UPS) Top Institutional Holders
2696.0 institutions hold shares in United Parcel Service, Inc. (UPS), with institutional investors hold 72.30% of the company’s shares. The shares outstanding are 856.58M, and float is at 732.36M with Short Float at 1.87%. Institutions hold 72.29% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 63.95 million shares valued at $8.75 billion. The investor’s holdings represent 7.4706% of the UPS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 55.37 million shares valued at $7.58 billion to account for 6.4682 of the shares outstanding. The other top investors are STATE STREET CORP which holds 28.98 million shares representing 3.386% and valued at over $3.97 billion, while JPMORGAN CHASE & CO holds 2.7728 of the shares totaling 23.74 million with a market value of $3.25 billion.
United Parcel Service, Inc. (UPS) Insider Activity
The most recent transaction is an insider purchase by JOHNSON WILLIAM R, the company’s Director. SEC filings show that JOHNSON WILLIAM R bought 5,000 shares of the company’s common stock on Jul 25 ’24 at a price of $128.61 per share for a total of $0.64 million. Following the purchase, the insider now owns 5160.0 shares.
United Parcel Service, Inc. disclosed in a document filed with the SEC on Feb 02 ’24 that Boratto Eva C (Director) bought a total of 1,400 shares of the company’s common stock. The trade occurred on Feb 02 ’24 and was made at $142.30 per share for $0.2 million. Following the transaction, the insider now directly holds 1400.0 shares of the UPS stock.
