The stock price of United Parcel Service, Inc. (NYSE: UPS) has dropped by -0.83 compared to previous close of 151.36. Despite this, the company has seen a gain of 1.69% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-08 that Following the introduction of the new service by UPS, shipments picked up from customers in certain Asia-Pacific economies can be delivered to Australia the next business day.
Is It Worth Investing in United Parcel Service, Inc. (NYSE: UPS) Right Now?
United Parcel Service, Inc. (NYSE: UPS) has a price-to-earnings ratio of 19.26x that is above its average ratio. Additionally, the 36-month beta value for UPS is 1.06. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 19 rating it as “hold,” and 1 rating it as “sell.”
The public float for UPS is 726.69M and currently, short sellers hold a 1.71% ratio of that float. The average trading volume of UPS on April 09, 2024 was 4.49M shares.
UPS’s Market Performance
UPS’s stock has seen a 1.69% increase for the week, with a -2.15% drop in the past month and a -5.42% fall in the past quarter. The volatility ratio for the week is 2.32%, and the volatility levels for the past 30 days are at 2.35% for United Parcel Service, Inc. The simple moving average for the past 20 days is -1.44% for UPS’s stock, with a -5.64% simple moving average for the past 200 days.
Analysts’ Opinion of UPS
Many brokerage firms have already submitted their reports for UPS stocks, with Redburn Atlantic repeating the rating for UPS by listing it as a “Buy.” The predicted price for UPS in the upcoming period, according to Redburn Atlantic is $180 based on the research report published on April 03, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see UPS reach a price target of $140, previously predicting the price at $147. The rating they have provided for UPS stocks is “Hold” according to the report published on March 28th, 2024.
Robert W. Baird gave a rating of “Outperform” to UPS, setting the target price at $170 in the report published on February 16th of the current year.
UPS Trading at 0.15% from the 50-Day Moving Average
After a stumble in the market that brought UPS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.11% of loss for the given period.
Volatility was left at 2.35%, however, over the last 30 days, the volatility rate increased by 2.32%, as shares sank -2.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.01% lower at present.
During the last 5 trading sessions, UPS rose by +1.69%, which changed the moving average for the period of 200-days by -13.55% in comparison to the 20-day moving average, which settled at $152.11. In addition, United Parcel Service, Inc. saw -4.53% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UPS starting from Boratto Eva C, who purchase 1,400 shares at the price of $142.30 back on Feb 02 ’24. After this action, Boratto Eva C now owns 1,400 shares of United Parcel Service, Inc., valued at $199,220 using the latest closing price.
Cesarone Nando, the President, US Operations of United Parcel Service, Inc., sale 22,825 shares at $171.70 during a trade that took place back on Aug 16 ’23, which means that Cesarone Nando is holding 1 shares at $3,919,052 based on the most recent closing price.
Stock Fundamentals for UPS
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.16 for the gross margin
The net margin for United Parcel Service, Inc. stands at 0.07. The total capital return value is set at 0.18. Equity return is now at value 36.17, with 9.45 for asset returns.
Based on United Parcel Service, Inc. (UPS), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.45. The debt to equity ratio resting at 1.33. The interest coverage ratio of the stock is 21.3.
Currently, EBITDA for the company is 12.51 billion with net debt to EBITDA at 1.81. When we switch over and look at the enterprise to sales, we see a ratio of 1.67. The receivables turnover for the company is 8.11for trailing twelve months and the total asset turnover is 1.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.
Conclusion
In conclusion, United Parcel Service, Inc. (UPS) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
