Why United Parcel Service Inc. [UPS] Stock Still Has Countless Sunny Days Ahead

United Parcel Service Inc. [UPS] shares are up more than 42.07% this year and recently decreased -0.0% or -$0.19 to settle at $167.77. Analysts expect UPS to grow earnings at a 9.61% annual rate over the next 5 years. UPS has a short ratio of 1.98. This implies that the market is currently less bearish on the outlook for UPS.

On 30, November 2020, UPS Capital Insurance Agency, Inc. Expands Shipment Insurance Options for Logistics Businesses through AscendTMS Software. According to news published on Yahoo Finance, UPS Capital Insurance Agency, Inc., a subsidiary of UPS (NYSE:UPS), announced today that it will make additional shipping insurance coverage options available to small and mid-size companies using AscendTMS, a product of InMotion Global.

Analyst Birdseye View:

The most recent analyst activity for United Parcel Service Inc. [NYSE:UPS] stock was on September 28, 2020, when it was Upgrade with an Overweight rating from KeyBanc Capital Markets, which also raised its 12-month price target on the stock to $190. Before that, on October 27, 2020, UBS Recapitulated a Buy rating and elevated its amount target to $214. On September 21, 2020, Credit Suisse Upgrade an Outperform rating and boosted its price target on this stock from $147 to $192. On September 03, 2020, Berenberg Downgrade a Sell rating and increased its price target to $130. On August 03, 2020, Standpoint Research Downgrade a Hold rating. On July 27, 2020, Cowen Reiterated a Market perform rating and boosted its amount target on this stock to $114. On April 29, 2020, BMO Capital Markets Downgrade an Underperform rating and decreased its target amount on this stock from $95 to $85. Barclays elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $82.00 and a peak of $178.01. Right now, the middling Wall Street analyst 12-month amount mark is $183.00. At the most recent market close, shares of United Parcel Service Inc. [NYSE:UPS] were valued at $167.77. According to the average price forecast, investors can expect a potential return of 5.77%.

FUNDAMENTAL ANALYSIS

United Parcel Service Inc. [NYSE:UPS] most recently reported quarterly sales of 21.2 billion, which represented growth of 15.90%. This publicly-traded organization’s revenue is $149,327 per employee, while its income is $8,970 per employee. This company’s Gross Margin is currently 78.90%, its Operating Margin is 9.70%, its Pretax Margin is +7.65, and its Net Margin is +6.01. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 8.23, 141.22, 27.53 and 17.61 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 89.61 and the whole liability to whole assets at 48.68. It shows enduring liability to the whole principal at 77.02 and enduring liability to assets at 0.42 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 165.84 points at 1st support level, the second support level is making up to 163.72. But as of 1st resistance point, this stock is sitting at 172.14 and at 176.32 for 2nd resistance point.

United Parcel Service Inc. [UPS] reported its earnings at $2.28 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $1.9/share signifying the difference of 0.38 and 20.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $2.13 calling estimates for $1.07/share with the difference of 1.06 depicting the surprise of 99.10%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for United Parcel Service Inc. [NYSE:UPS] is 1.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.37. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.38, it’s amount to book ratio is 30.69 and showing 31.90 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by ABNEY DAVID P, Director, and it was the sale of 1264.0 shares on Aug 28. ABNEY DAVID P, the Director, completed a sale of 61436.0 shares on Aug 27. On Aug 13, Brothers Norman M. Jr, SVP, General Counsel & Sec, completed a sale of 9825.0 shares.