United Parcel Service (UPS) closed at $179.71 within the newest buying and selling session, marking a +0.04% transfer from the prior day. This transfer lagged the S&P 500’s each day acquire of 0.36%.
Heading into right this moment, shares of the package deal supply service had gained 9.69% over the previous month, outpacing the Transportation sector’s lack of 0.03% and the S&P 500’s acquire of 5.21% in that point.
Wall Road will likely be searching for positivity from UPS because it approaches its subsequent earnings report date. That is anticipated to be April 27, 2021. On that day, UPS is projected to report earnings of $1.64 per share, which might symbolize year-over-year development of 42.61%. In the meantime, the Zacks Consensus Estimate for income is projecting web gross sales of $20.38 billion, up 13% from the year-ago interval.
UPS’s full-year Zacks Consensus Estimates are calling for earnings of $8.84 per share and income of $86.04 billion. These outcomes would symbolize year-over-year modifications of +7.41% and +1.67%, respectively.
Traders must also be aware any current modifications to analyst estimates for UPS. These revisions assist to point out the ever-changing nature of near-term enterprise developments. Consequently, we will interpret constructive estimate revisions as a great signal for the corporate’s enterprise outlook.
Based mostly on our analysis, we consider these estimate revisions are instantly associated to near-team inventory strikes. Traders can capitalize on this through the use of the Zacks Rank. This mannequin considers these estimate modifications and offers a easy, actionable score system.
The Zacks Rank system ranges from #1 (Sturdy Purchase) to #5 (Sturdy Promote). It has a exceptional, outside-audited monitor report of success, with #1 shares delivering a median annual return of +25% since 1988. Throughout the previous 30 days, our consensus EPS projection has moved 0.34% larger. UPS is at the moment sporting a Zacks Rank of #3 (Maintain).
By way of valuation, UPS is at the moment buying and selling at a Ahead P/E ratio of 19.93. Its business sports activities a median Ahead P/E of 17.22, so we one may conclude that UPS is buying and selling at a premium comparatively.
We are able to additionally see that UPS at the moment has a PEG ratio of two.29. This metric is used equally to the well-known P/E ratio, however the PEG ratio additionally takes under consideration the inventory’s anticipated earnings development fee. UPS’s business had a median PEG ratio of 1.82 as of yesterday’s shut.
The Transportation – Air Freight and Cargo business is a part of the Transportation sector. This group has a Zacks Business Rank of 202, placing it within the backside 21% of all 250+ industries.
The Zacks Business Rank consists of is listed so as from finest to worst by way of the common Zacks Rank of the person firms inside every of those sectors. Our analysis reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.
You could find extra data on all of those metrics, and rather more, on Zacks.com.
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