News coverage about United Parcel Service (NYSE:UPS) has trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. United Parcel Service earned a news impact score of 0.14 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 47.0040532550152 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- 3 Bear Market Stock Picks That Can Soar (finance.yahoo.com)
- UPS Pilots Complain About Shortage of Airplanes (finance.yahoo.com)
- Coast Guardsman Faces $31K Price Tag for Shipping Dog Home from Japan (military.com)
- Beta Factor to Watch – United Parcel Service, (NYSE: UPS) (stocksnewstimes.com)
- United Parcel Service’s (UPS) Buy Rating Reaffirmed at Knight Equity (americanbankingnews.com)
Shares of NYSE:UPS traded down $0.82 during midday trading on Monday, reaching $103.84. The company had a trading volume of 4,578,771 shares, compared to its average volume of 4,978,049. The company has a debt-to-equity ratio of 19.69, a quick ratio of 1.22 and a current ratio of 1.22. The company has a market cap of $90,176.41, a P/E ratio of 17.28, a P/E/G ratio of 1.56 and a beta of 1.03. United Parcel Service has a 1-year low of $101.45 and a 1-year high of $135.53.
United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, February 1st. The transportation company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.01. The business had revenue of $18.83 billion for the quarter, compared to the consensus estimate of $18.20 billion. United Parcel Service had a return on equity of 477.77% and a net margin of 7.45%. United Parcel Service’s quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.63 earnings per share. equities analysts predict that United Parcel Service will post 7.23 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, March 7th. Investors of record on Tuesday, February 20th were given a $0.91 dividend. The ex-dividend date of this dividend was Friday, February 16th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.51%. This is an increase from United Parcel Service’s previous quarterly dividend of $0.83. United Parcel Service’s payout ratio is currently 60.57%.
Several analysts have issued reports on UPS shares. Deutsche Bank reissued a “buy” rating and issued a $145.00 price target (up previously from $135.00) on shares of United Parcel Service in a research note on Monday, January 8th. Robert W. Baird reissued a “hold” rating and issued a $130.00 price target on shares of United Parcel Service in a research note on Tuesday, January 9th. Knight Equity reissued a “buy” rating and issued a $135.00 price target (down previously from $145.00) on shares of United Parcel Service in a research note on Monday, January 8th. Vetr raised United Parcel Service from a “sell” rating to a “hold” rating and set a $116.85 price target on the stock in a research note on Tuesday, December 26th. Finally, Morgan Stanley lifted their price target on United Parcel Service from $79.00 to $90.00 and gave the company an “underweight” rating in a research note on Friday, February 2nd. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $125.21.
In related news, SVP Teri P. Mcclure sold 4,500 shares of United Parcel Service stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $106.80, for a total value of $480,600.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.56% of the stock is currently owned by insiders.
About United Parcel Service
United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.
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