United Parcel Service, Inc. (UPS) stock price forecast predicts $194.5 value

United Parcel Service, Inc. [UPS] stock prices are up 1.70% to $157.38 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The UPS shares have gain 5.16% over the last week, with a monthly amount glided 7.60%, and seem to be holding up well over a long-time horizon.

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On 21, February 2024, UPS SPEEDS UP DELIVERY TIMES FROM MALAYSIA TO OVER 50 COUNTRIES ACROSS THE AMERICAS. In a post published today on Yahoo Finance, UPS (NYSE: UPS) customers in southern Malaysia can now have deliveries to over 50 countries and territories in the Americas – including the United States, Canada and Mexico – completed in as little as two business days.

From an analyst’s perspective:

United Parcel Service, Inc. [NYSE: UPS] stock has seen the most recent analyst activity on February 16, 2024, when Robert W. Baird upgraded its rating to a Outperform and also boosted its price target to $170 from $165. Previously, UBS upgraded its rating to Buy on February 06, 2024, and elevated its price target to $175. On January 31, 2024, TD Cowen reiterated its Market Perform rating and revised its price target to $147 on the stock. Argus downgraded its rating to a Hold. Daiwa Securities downgraded its rating to a Neutral but $155 remained the price target by the analyst firm on December 26, 2023. HSBC Securities started tracking with a Hold rating for this stock on September 29, 2023, and assigned it a price target of $170. In a note dated September 18, 2023, Oppenheimer reiterated an Outperform rating on this stock and revised its target price from $195 to $184.

The stock price of United Parcel Service, Inc. [UPS] has been fluctuating between $133.68 and $197.80 over the past year. Currently, Wall Street analysts expect the stock to reach $194.5 within the next 12 months. United Parcel Service, Inc. [NYSE: UPS] shares were valued at $157.38 at the most recent close of the market. An investor can expect a potential return of 23.59% based on the average UPS price forecast.

Analyzing the UPS fundamentals

The United Parcel Service, Inc. [NYSE:UPS] reported sales of 90.75B for trailing twelve months, representing a drop of -7.68%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.35 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.33.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 155.27 points at the first support level, and at 153.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 158.57, and for the 2nd resistance point, it is at 159.77.

United Parcel Service, Inc. [UPS] reported earnings per share of $2.47 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.46/share, meaning a difference of $0.01 and a surprise factor of 0.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.57 per share as compared to estimates of $1.52 per share, a difference of $0.05 representing a surprise of 3.30%.

Ratios To Look Out For

It’s worth pointing out that United Parcel Service, Inc. [NYSE:UPS]’s Current Ratio is 1.10. In addition, the Quick Ratio stands at 1.05 and the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 1.48, the price to book ratio is 7.76 and price to earnings (TTM) ratio is 20.20.

Transactions by insiders

Recent insider trading involved Boratto Eva C, Director, that happened on Feb 02 ’24 when 1400.0 shares were purchased. President, US Operations, Cesarone Nando completed a deal on Aug 16 ’23 to sell 22825.0 shares.

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