United Parcel Service (UPS) Expected to Announce Earnings on Thursday

United Parcel Service (NYSE:UPS) is projected to post its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect United Parcel Service to post earnings of $2.52 per share and revenue of $25,413,524.77 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

United Parcel Service Stock Performance

NYSE UPS opened at $136.23 on Tuesday. United Parcel Service has a fifty-two week low of $121.56 and a fifty-two week high of $158.95. The stock has a market cap of $116.26 billion, a price-to-earnings ratio of 20.58, a price-to-earnings-growth ratio of 1.86 and a beta of 1.00. The business has a fifty day moving average of $128.95 and a 200-day moving average of $130.76. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.20.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were issued a $1.63 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 4.79%. United Parcel Service’s dividend payout ratio (DPR) is 98.49%.

Insider Transactions at United Parcel Service

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $138.57, for a total value of $1,015,025.25. Following the transaction, the insider now owns 45,098 shares in the company, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company cut their price target on United Parcel Service from $155.00 to $150.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Argus upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. upped their target price on United Parcel Service from $134.00 to $135.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. The Goldman Sachs Group dropped their target price on United Parcel Service from $165.00 to $162.00 and set a “buy” rating for the company in a research note on Wednesday, October 9th. Finally, Bank of America upgraded United Parcel Service from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a research note on Thursday, January 16th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $151.24.

United Parcel Service Company Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.