Analysts predict United Parcel Service, Inc. (UPS) stock to reach $187.78 in the next 12 months

A share price of United Parcel Service, Inc. [UPS] is currently trading at $142.74, up 0.34%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The UPS shares have lost -4.21% over the last week, with a monthly amount drifted -6.83%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

United Parcel Service, Inc. [NYSE: UPS] stock has seen the most recent analyst activity on April 03, 2024, when Redburn Atlantic upgraded its rating to a Buy but kept the price target unchanged to $180 for it. Previously, TD Cowen reaffirmed its Hold rating on March 28, 2024, and dropped its price target to $140. On February 16, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $170 on the stock. UBS upgraded its rating to a Buy and increased its price target to $175 on February 06, 2024. TD Cowen reiterated its recommendation of a Market Perform and reduced its price target to $147 on January 31, 2024. Argus downgraded its rating to Hold for this stock on January 31, 2024. In a note dated December 26, 2023, Daiwa Securities downgraded an Neutral rating on this stock but restated the target price of $155.

United Parcel Service, Inc. experienced fluctuations in its stock price throughout the past year between $133.68 and $197.80. Currently, Wall Street analysts expect the stock to reach $187.78 within the next 12 months. United Parcel Service, Inc. [NYSE: UPS] shares were valued at $142.74 at the most recent close of the market. An investor can expect a potential return of 31.55% based on the average UPS price forecast.

Analyzing the UPS fundamentals

Trailing Twelve Months sales for United Parcel Service, Inc. [NYSE:UPS] were 90.75B which represents -7.68% decline. 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 141.98 points at the first support level, and at 141.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 143.41, and for the 2nd resistance point, it is at 144.07.

Ratios To Look Out For

To put it in perspective, the Current Ratio for United Parcel Service, Inc. [NYSE:UPS] is 1.10. Further, the Quick Ratio stands at 1.05, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.34, the price to book ratio is 7.03 and price to earnings (TTM) ratio is 18.32.

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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