Equities research analysts expect United Parcel Service, Inc. (NYSE:UPS) to post $1.48 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Seven analysts have issued estimates for United Parcel Service’s earnings, with the lowest EPS estimate coming in at $1.41 and the highest estimate coming in at $1.70. United Parcel Service reported earnings per share of $1.55 during the same quarter last year, which would suggest a negative year over year growth rate of 4.5%. The business is scheduled to announce its next earnings report on Thursday, April 25th.
According to Zacks, analysts expect that United Parcel Service will report full year earnings of $7.58 per share for the current year, with EPS estimates ranging from $7.50 to $7.71. For the next year, analysts anticipate that the company will report earnings of $8.16 per share, with EPS estimates ranging from $7.35 to $8.40. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side analysts that follow United Parcel Service.
Get United Parcel Service alerts:United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, January 31st. The transportation company reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.03. The business had revenue of $19.85 billion for the quarter, compared to analyst estimates of $19.92 billion. United Parcel Service had a return on equity of 254.74% and a net margin of 6.67%. During the same quarter last year, the company earned $1.67 earnings per share.
A number of analysts recently commented on the company. Morgan Stanley decreased their price objective on United Parcel Service from $92.00 to $87.00 and set a “sell” rating on the stock in a research note on Tuesday, December 4th. Standpoint Research lowered United Parcel Service from a “buy” rating to a “hold” rating in a research note on Thursday, February 7th. Credit Suisse Group reaffirmed a “neutral” rating and set a $114.00 price objective on shares of United Parcel Service in a research note on Wednesday. Zacks Investment Research lowered United Parcel Service from a “hold” rating to a “sell” rating in a research note on Saturday, January 26th. Finally, Bank of America reaffirmed a “neutral” rating and set a $112.00 price objective (down previously from $116.00) on shares of United Parcel Service in a research note on Friday, February 1st. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. United Parcel Service has an average rating of “Hold” and an average price target of $123.41.
Shares of UPS traded down $1.99 during trading hours on Thursday, reaching $106.86. 3,979,700 shares of the company traded hands, compared to its average volume of 3,231,828. The company has a quick ratio of 1.14, a current ratio of 1.12 and a debt-to-equity ratio of 6.56. The firm has a market cap of $94.82 billion, a P/E ratio of 14.76, a PEG ratio of 1.66 and a beta of 1.18. United Parcel Service has a fifty-two week low of $89.89 and a fifty-two week high of $125.09.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 12th. Shareholders of record on Tuesday, February 26th will be paid a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 3.59%. This is a positive change from United Parcel Service’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Monday, February 25th. United Parcel Service’s dividend payout ratio (DPR) is presently 50.28%.
In other United Parcel Service news, SVP Teri P. Mcclure sold 5,000 shares of the firm’s stock in a transaction dated Monday, February 25th. The stock was sold at an average price of $109.72, for a total value of $548,600.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Richard N. Peretz sold 9,112 shares of the firm’s stock in a transaction dated Wednesday, February 13th. The stock was sold at an average price of $111.18, for a total value of $1,013,072.16. The disclosure for this sale can be found here. 0.56% of the stock is currently owned by company insiders.
Large investors have recently modified their holdings of the business. Investors Asset Management of Georgia Inc. GA ADV raised its holdings in shares of United Parcel Service by 2.2% in the 4th quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 4,585 shares of the transportation company’s stock worth $447,000 after purchasing an additional 100 shares during the period. DeDora Capital Inc. raised its holdings in shares of United Parcel Service by 4.9% in the 4th quarter. DeDora Capital Inc. now owns 2,184 shares of the transportation company’s stock worth $213,000 after purchasing an additional 103 shares during the period. Gemmer Asset Management LLC raised its holdings in shares of United Parcel Service by 30.3% in the 4th quarter. Gemmer Asset Management LLC now owns 499 shares of the transportation company’s stock worth $49,000 after purchasing an additional 116 shares during the period. ZWJ Investment Counsel Inc. raised its holdings in shares of United Parcel Service by 1.9% in the 4th quarter. ZWJ Investment Counsel Inc. now owns 6,573 shares of the transportation company’s stock worth $641,000 after purchasing an additional 122 shares during the period. Finally, Buffington Mohr McNeal raised its holdings in shares of United Parcel Service by 3.0% in the 4th quarter. Buffington Mohr McNeal now owns 4,567 shares of the transportation company’s stock worth $445,000 after purchasing an additional 131 shares during the period. 54.46% of the stock is currently owned by hedge funds and other institutional investors.
About United Parcel Service
United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.
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