The stock of United Parcel Service, Inc. (NYSE:UPS) last traded at $128.55, up 1.68% from the previous session.
UPS stock price is now -4.39% away from the 50-day moving average and -11.90% away from the 200-day moving average. The market capitalization of the company currently stands at $110.11B.
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With the price target of $156, Wells Fargo recently initiated with Overweight rating for United Parcel Service, Inc. (NYSE: UPS). On April 25, 2024, HSBC Securities Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $170, while ‘Redburn Atlantic’ rates the stock as ‘Buy’
In other news, JOHNSON WILLIAM R, Director bought 5,000 shares of the company’s stock on Jul 25 ’24. The stock was bought for $643,034 at an average price of $128.61. Upon completion of the transaction, the Director now directly owns 5,160 shares in the company, valued at $0.66 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 02 ’24, Director Boratto Eva C bought 1,400 shares of the business’s stock. A total of $199,220 was incurred on buying the stock at an average price of $142.30. This leaves the insider owning 1,400 shares of the company worth $0.18 million. A total of 14.50% of the company’s stock is owned by insiders.
During the past 12 months, United Parcel Service, Inc. has had a low of $123.12 and a high of $174.56. As of last week, the company has a debt-to-equity ratio of 1.55, a current ratio of 1.25, and a quick ratio of 1.25. According to the stock market information, the enterprise value for the company is $128228564992, which is based on a 20.98 price-to-earnings ratio, a 7.77 price-to-earnings-growth ratio, and a beta of 0.98. The fifty day moving average price for UPS is $134.4582 and a two-hundred day moving average price translates $145.9138 for the stock.
The latest earnings results from United Parcel Service, Inc. (NYSE: UPS) was released for 2024-06-30. The net profit margin was 5.88% and return on equity was 28.36% for UPS. The company reported revenue of $21.82 billion for the quarter, compared to $22.05 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.07 percent. For the current quarter, analysts expect UPS to generate $22.16B in revenue.
