The trading price of United Parcel Service, Inc. (NYSE:UPS) closed higher on Tuesday, April 23, closing at $148.87, 2.41% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 19.11. In examining the 52-week price action we see that the stock hit a 52-week high of $197.31 and a 52-week low of $133.68. Over the past month, the stock has lost -4.74% in value.
United Parcel Service, Inc., whose market valuation is $127.09 billion at the time of this writing. The dividend yield on the company stock is 4.36%, while its Forward Dividend ratio is 6.49. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 2.03 per share this quarter, however they have predicted annual earnings per share of 8.13 for current year and 9.63 for next year.
Analysts have forecast the company to bring in revenue of 22.27B for the current quarter, with the likely lows of 21.75B and highs of 22.8B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 93.01B.
On the technical side, indicators suggest UPS has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.87, which symbolizes a positive outlook. A quick review shows that UPS’s price is currently 0.95% off the SMA20 and -0.33% off the SMA50. The RSI metric on the 14-day chart is currently showing 52.08, and weekly volatility stands at 1.83%. When measured over the past 30 days, the indicator reaches 2.38%. United Parcel Service, Inc. (NYSE:UPS)’s beta value is currently sitting at 1.05, while the Average True Range indicator is currently displaying 3.15.
To see how United Parcel Service, Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: UPS stock’s performance was 2.41% in the latest trading, and -23.74% in the past year. United Parcel Service, Inc. has a P/E ratio of 19.11.
An evaluation of the daily trading volume of United Parcel Service, Inc. (NYSE:UPS) indicates that the 3-month average is 4.60 million.
Currently, records show that 853.68 million of the company’s shares remain outstanding. The insiders hold 14.75% of outstanding shares, whereas institutions hold 61.86%. However, since the stock’s price has seen -5.32% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
