United Parcel Service (UPS) closed the latest buying and selling day at $198.05, transferring -1.18% from the earlier buying and selling session. This variation lagged the S&P 500’s 0.04% loss on the day.
Previous to immediately’s buying and selling, shares of the bundle supply service had misplaced 6.5% over the previous month. This has lagged the Transportation sector’s lack of 3.16% and the S&P 500’s achieve of 1.35% in that point.
Wall Road will likely be in search of positivity from UPS because it approaches its subsequent earnings report date. That is anticipated to be July 27, 2021. The corporate is predicted to report EPS of $2.67, up 25.35% from the prior-year quarter. Our most up-to-date consensus estimate is looking for quarterly income of $22.88 billion, up 11.81% from the year-ago interval.
UPS’s full-year Zacks Consensus Estimates are calling for earnings of $10.81 per share and income of $92.59 billion. These outcomes would characterize year-over-year modifications of +31.35% and +9.4%, respectively.
Any current modifications to analyst estimates for UPS must also be famous by traders. These revisions sometimes replicate the newest short-term enterprise tendencies, which might change incessantly. With this in thoughts, we will take into account constructive estimate revisions an indication of optimism in regards to the firm’s enterprise outlook.
Our analysis exhibits that these estimate modifications are straight correlated with near-term inventory costs. Buyers can capitalize on this by utilizing the Zacks Rank. This mannequin considers these estimate modifications and gives a easy, actionable ranking system.
The Zacks Rank system, which ranges from #1 (Sturdy Purchase) to #5 (Sturdy Promote), has a powerful outside-audited monitor file of outperformance, with #1 shares producing a mean annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.94% greater inside the previous month. UPS at the moment has a Zacks Rank of #2 (Purchase).
Digging into valuation, UPS at the moment has a Ahead P/E ratio of 18.55. This represents a premium in comparison with its business’s common Ahead P/E of 14.35.
Additionally it is value noting that UPS at the moment has a PEG ratio of 1.55. This fashionable metric is just like the widely-known P/E ratio, with the distinction being that the PEG ratio additionally takes under consideration the corporate’s anticipated earnings progress charge. UPS’s business had a mean PEG ratio of 1.37 as of yesterday’s shut.
The Transportation – Air Freight and Cargo business is a part of the Transportation sector. This group has a Zacks Trade Rank of 9, placing it within the high 4% of all 250+ industries.
The Zacks Trade Rank gauges the power of our business teams by measuring the typical Zacks Rank of the person shares inside the teams. Our analysis exhibits that the highest 50% rated industries outperform the underside half by an element of two to 1.
Remember to observe all of those stock-moving metrics, and lots of extra, on Zacks.com.
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United Parcel Service, Inc. (UPS): Free Inventory Evaluation Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.