That’s why I Feel Comfortable With United Parcel Service, Inc.’s (UPS) Future

At the time of writing, United Parcel Service, Inc. [UPS] stock is trading at $130.58, up 0.16%. 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 gain 2.75% over the last week, with a monthly amount drifted -3.21%, 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 June 07, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $156. Previously, HSBC Securities upgraded its rating to Buy on April 25, 2024, and kept the price target unchanged to $170. On April 03, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $180 on the stock. TD Cowen reiterated its Hold rating and decreased its price target to $140 on March 28, 2024. Robert W. Baird upgraded its rating to a Outperform and raised its price target to $170 on February 16, 2024. UBS upgraded its rating to Buy for this stock on February 06, 2024, and upped its price target to $175. In a note dated January 31, 2024, TD Cowen reiterated an Market Perform rating on this stock and revised its target price from $175 to $147.

For the past year, the stock price of United Parcel Service, Inc. fluctuated between $124.80 and $187.00. Currently, Wall Street analysts expect the stock to reach $174.48 within the next 12 months. United Parcel Service, Inc. [NYSE: UPS] shares were valued at $130.58 at the most recent close of the market. An investor can expect a potential return of 33.62% based on the average UPS price forecast.

Analyzing the UPS fundamentals

According to United Parcel Service, Inc. [NYSE:UPS], the company’s sales were 89.37B for trailing twelve months, which represents an -0.85% plunge. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.3 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.34.

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 129.30 points at the first support level, and at 128.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 132.18, and for the 2nd resistance point, it is at 133.77.

Ratios To Look Out For

It is important to note that United Parcel Service, Inc. [NYSE:UPS] has a current ratio of 1.25. Further, the Quick Ratio stands at 1.04, while the Cash Ratio is 0.42. Considering the valuation of this stock, the price to sales ratio is 1.25, the price to book ratio is 6.60 and price to earnings (TTM) ratio is 21.31.

Transactions by insiders

Recent insider trading involved JOHNSON WILLIAM R, Director, that happened on Jul 25 ’24 when 5000.0 shares were purchased. Director, Boratto Eva C completed a deal on Feb 02 ’24 to buy 1400.0 shares. Meanwhile, President, US Operations Cesarone Nando sold 22825.0 shares on Aug 16 ’23.

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