In the last trading session, United Parcel Service (UPS) closed at $ 205.61, marking a movement of -0.24% from the previous day. This change was smaller than the S&P 500’s 0.33% gain on the day.
Prior to today, shares in the parcel delivery service had lost 3.15% over the past month, overtaking the 5.95% loss in the transportation sector and lagging behind the 1.74% gain in the S&P 500 during this period.
Wall Street will research UPS positivity as its next earnings report draws near. That is expected to be July 27, 2021. In this report, analysts expect UPS to post earnings of $ 2.68 per share. That would mark year-over-year growth of 25.82%. Meanwhile, our latest consensus estimate projects revenue of $ 22.92 billion, up 12.03% from the previous year’s quarter.
For the full year, our Zacks consensus estimates suggest analysts expect earnings of $ 10.81 per share and revenue of $ 92.86 billion. These totals would mark changes of + 31.35% and + 9.72%, respectively, compared to last year.
Investors should also note any recent changes in analyst estimates for UPS. Recent revisions tend to reflect the latest short-term business trends. With this in mind, we can take positive estimate revisions as a sign of optimism about the company’s business prospects.
Based on our research, we believe that these estimate revisions are directly related to stock movements close to the team. We have developed the Zacks Rank to capitalize on this phenomenon. Our system takes these rating changes into account and provides a clear and actionable scoring model.
Zacks’ ranking system ranges from # 1 (strong buy) to # 5 (strong sell). It has a track record of remarkable and externally verified success, with the No.1 stocks generating an average annual return of + 25% since 1988. Zacks Consensus’s EPS estimate rose 0.94% during the month latest. UPS currently has a Zacks rank of 2 (Buy).
Valuation is also important, so investors should note that UPS currently has a forward P / E ratio of 19.07. For comparison, his industry has an average forward P / E of 14.55, which means UPS is trading at a premium to the group.
We can also see that UPS currently has a PEG ratio of 1.59. This popular metric is similar to the well-known P / E ratio, except that the PEG ratio also takes into account the expected rate of earnings growth of the company. The Transportation – Air Freight and Freight segment currently had an average PEG ratio of 1.41 at yesterday’s close.
The Transport industry – Air freight and freight is part of the Transport sector. This group has a Zacks Industry Rank of 7, which places it in the top 3% of the 250+ industries.
The Zacks Industry Rankings assesses the strength of our individual industry groups by measuring the average Zacks rank of individual stocks within groups. Our research shows that the top 50% of industries top the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock market metrics and more on Zacks.com.
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United Parcel Service, Inc. (UPS): Free Stock Analysis Report
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