In the most recent buying and selling session, United Parcel Service (UPS) closed at $205.61, marking a -0.24% transfer from the day before today. This variation lagged the S&P 500’s 0.33% acquire on the day.
Heading into at this time, shares of the package deal supply service had misplaced 3.15% over the previous month, outpacing the Transportation sector’s lack of 5.95% and lagging the S&P 500’s acquire of 1.74% in that point.
Wall Road might be searching for positivity from UPS because it approaches its subsequent earnings report date. That is anticipated to be July 27, 2021. In that report, analysts count on UPS to submit earnings of $2.68 per share. This could mark year-over-year progress of 25.82%. In the meantime, our newest consensus estimate is asking for income of $22.92 billion, up 12.03% from the prior-year quarter.
Wanting on the full 12 months, our Zacks Consensus Estimates recommend analysts predict earnings of $10.81 per share and income of $92.86 billion. These totals would mark modifications of +31.35% and +9.72%, respectively, from final 12 months.
Buyers must also be aware any current modifications to analyst estimates for UPS. Current revisions are likely to replicate the most recent near-term enterprise developments. With this in thoughts, we are able to think about optimistic estimate revisions an indication of optimism concerning the firm’s enterprise outlook.
Based mostly on our analysis, we imagine these estimate revisions are immediately associated to near-team inventory strikes. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate modifications into consideration and delivers a transparent, actionable score mannequin.
The Zacks Rank system ranges from #1 (Robust Purchase) to #5 (Robust Promote). It has a exceptional, outside-audited observe document of success, with #1 shares delivering a median annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.94% increased throughout the previous month. UPS is at present sporting a Zacks Rank of #2 (Purchase).
Valuation can be necessary, so buyers ought to be aware that UPS has a Ahead P/E ratio of 19.07 proper now. For comparability, its trade has a median Ahead P/E of 14.55, which suggests UPS is buying and selling at a premium to the group.
We are able to additionally see that UPS at present has a PEG ratio of 1.59. This standard metric is much like the widely-known P/E ratio, with the distinction being that the PEG ratio additionally takes into consideration the corporate’s anticipated earnings progress price. The Transportation – Air Freight and Cargo trade at present had a median PEG ratio of 1.41 as of yesterday’s shut.
The Transportation – Air Freight and Cargo trade is a part of the Transportation sector. This group has a Zacks Business Rank of seven, placing it within the prime 3% of all 250+ industries.
The Zacks Business Rank gauges the energy of our particular person trade teams by measuring the typical Zacks Rank of the person shares throughout the teams. Our analysis exhibits that the highest 50% rated industries outperform the underside half by an element of two to 1.
Make sure to comply with all of those stock-moving metrics, and plenty of extra, on Zacks.com.
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United Parcel Service, Inc. (UPS): Free Inventory Evaluation Report
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