United Parcel Service, Inc. (UPS)
Market Cap | 133.95B |
Revenue (ttm) | 93.07B |
Net Income (ttm) | 8.56B |
Shares Out | 851.93M |
EPS (ttm) | 9.88 |
PE Ratio | 15.91 |
Forward PE | 16.97 |
Dividend | $6.48 (4.12%) |
Ex-Dividend Date | Nov 10, 2023 |
Volume | 2,093,274 |
Open | 157.08 |
Previous Close | 157.31 |
Day's Range | 156.13 - 158.19 |
52-Week Range | 133.68 - 197.80 |
Beta | 1.09 |
Analysts | Buy |
Price Target | 184.00 (+17.03%) |
Earnings Date | Jan 30, 2024 |
About UPS
United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite internationa... [Read more]
Financial Performance
In 2022, UPS's revenue was $100.34 billion, an increase of 3.14% compared to the previous year's $97.29 billion. Earnings were $11.55 billion, a decrease of -10.41%.
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for UPS stock is "Buy." The 12-month stock price forecast is $184.0, which is an increase of 17.03% from the latest price.
News
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UPS and FedEx are no longer the largest delivery companies in the US
Both UPS and FedEx have been eclipsed as the largest courier companies in the US by Amazon, which delivered more packages to US homes in recent years than both delivery giants.
In market share battle, FedEx and UPS target retail returns
As FedEx and United Parcel Service battle for market share in a delivery demand downturn, they are expanding returns services aimed at helping retailers slash the cost of sending back shoes, apparel a...
UPS Debuts Tool to Get Supply Chain Elements in Tune
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UPS Supply Chain Symphony™ Platform: Harmonizing Supply Chains for Success
ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) today introduced the UPS Supply Chain Symphony™ platform, a new tool that integrates various supply chain components, including shipping, warehousing, and inv...
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Quad-C Exits Investment in MNX in Sale to UPS
CHARLOTTESVILLE, Va. , Nov. 6, 2023 /PRNewswire/ -- Quad-C Management, Inc. ("Quad-C"), a leading middle market private equity firm, today announced it has closed the sale of its investment in MNX Glo...
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UPS Announces Quarterly Dividend
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UPS to hire 60K of the 100K seasonal workers it needs for holidays this weekend with starting wages for some of $23 an hour
United Parcel Service Inc. UPS said Wednesday it plans to hire 60,000 of the 100,000 seasonal workers it will need this holiday season this coming weekend. “This Friday and Saturday, the company's ann...
UPS Asks Job-Seekers to ‘Picture Yourself in UPS Brown'
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UPS stock falls after delivery giant cuts revenue outlook
UPS reported third quarter earnings and warned of persistent global economic uncertainty.
UPS Q3 earnings: Stock down after revenue slipped nearly 13% in third quarter
United Parcel Service (UPS) stock fell Thursday morning after reporting mixed third-quarter earnings, missing on revenue. The courier narrowly averted a labor strike and agreed to a new labor deal wit...
UPS Trims Its Outlook After Steep Decline in 3Q Profit as Labor and Fuel Costs Rise
United Parcel Service (UPS) on Thursday reported steep declines in revenue and profit for the third quarter, as demand for the company's services declined amid economic and labor-related challenges. T...
Reasons UPS is a strong sell: Reasons to buy it when it bottoms
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The focus for UPS this earnings season should be volume and margins, says David Vernon
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UPS stock falls toward a 3-year low after revenue miss, lowered outlook
Shares of United Parcel Service Inc. UPS, -1.60% dropped 5% toward a three-year low in premarket trading Thursday, after the package delivery giant reported third-quarter topped profit expectations bu...
UPS cuts annual revenue forecast on weak delivery demand
United Parcel Service cut its 2023 revenue forecast due to lower e-commerce delivery demand as it fights to win back customers lost during its tumultuous labor talks, sending its shares down 5.3% befo...
UPS Releases 3Q 2023 Earnings
ATLANTA--(BUSINESS WIRE)--UPS (NYSE:UPS) today announced third-quarter 2023 consolidated revenues of $21.1 billion, a 12.8% decrease from the third quarter of 2022. Consolidated operating profit was $...