United Parcel Service (UPS) closed the latest buyin
United Parcel Service (UPS) closed the latest buying and selling day at $160.20, shifting -0.28% from the earlier buying and selling session. This alteration was narrower than the S&P 500’s 1.48% loss on the day. On the similar time, the Dow misplaced 0.46%, and the tech-heavy Nasdaq misplaced 3.02%.
Coming into in the present day, shares of the bundle supply service had misplaced 0.22% prior to now month. In that very same time, the Transportation sector gained 6.08%, whereas the S&P 500 gained 1.23%.
UPS will probably be trying to show energy because it nears its subsequent earnings launch, which is predicted to be April 27, 2021. On that day, UPS is projected to report earnings of $1.66 per share, which might signify year-over-year development of 44.35%. Our most up-to-date consensus estimate is looking for quarterly income of $20.31 billion, up 12.6% from the year-ago interval.
Wanting on the full yr, our Zacks Consensus Estimates counsel analysts expect earnings of $8.81 per share and income of $85.7 billion. These totals would mark modifications of +7.05% and +1.26%, respectively, from final yr.
Any latest modifications to analyst estimates for UPS also needs to be famous by traders. These latest revisions are likely to mirror the evolving nature of short-term enterprise developments. Consequently, we are able to interpret optimistic estimate revisions as a very good signal for the corporate’s enterprise outlook.
Our analysis exhibits that these estimate modifications are instantly correlated with near-term inventory costs. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate modifications under consideration and delivers a transparent, actionable score mannequin.
The Zacks Rank system, which ranges from #1 (Robust Purchase) to #5 (Robust Promote), has a powerful outside-audited monitor report of outperformance, with #1 shares producing a median annual return of +25% since 1988. Over the previous month, the Zacks Consensus EPS estimate has moved 0.11% larger. UPS is at the moment sporting a Zacks Rank of #3 (Maintain).
Digging into valuation, UPS at the moment has a Ahead P/E ratio of 18.24. This valuation marks a premium in comparison with its trade’s common Ahead P/E of 16.65.
It’s also value noting that UPS at the moment has a PEG ratio of two.09. This standard 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 development charge. UPS’s trade had a median PEG ratio of 1.69 as of yesterday’s shut.
The Transportation – Air Freight and Cargo trade is a part of the Transportation sector. This trade at the moment has a Zacks Trade Rank of 187, which places it within the backside 27% of all 250+ industries.
The Zacks Trade Rank gauges the energy of our 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.
To observe UPS within the coming buying and selling classes, you should definitely make the most of Zacks.com.
Need the newest suggestions from Zacks Funding Analysis? At present, you’ll be able to obtain 7 Greatest Shares for the Subsequent 30 Days. Click on to get this free report
United Parcel Service, Inc. (UPS): Free Inventory Evaluation Report
To learn this text on Zacks.com click on right here.
Zacks Funding Analysis
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.