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Within the newest buying and selling session, United Parcel Service (UPS) closed at $179.67, marking a +0.7% transfer from yesterday. This transfer lagged the S&P 500’s every day achieve of 1.05%.

– Zacks

Coming into immediately, shares of the package deal supply service had misplaced 9.59% previously month. In that very same time, the Transportation sector misplaced 6.68%, whereas the S&P 500 misplaced 5.07%.

Buyers will probably be hoping for energy from UPS because it approaches its subsequent earnings launch. The corporate is predicted to report EPS of $2.53, up 10.96% from the prior-year quarter. Our most up-to-date consensus estimate is looking for quarterly income of $22.71 billion, up 6.93% from the year-ago interval.

For the complete yr, our Zacks Consensus Estimates are projecting earnings of $11.16 per share and income of $94.69 billion, which might characterize modifications of +35.6% and +11.89%, respectively, from the prior yr.

Any latest modifications to analyst estimates for UPS also needs to be famous by traders. These revisions assist to point out the ever-changing nature of near-term enterprise tendencies. In consequence, we will interpret optimistic estimate revisions as a very good signal for the corporate’s enterprise outlook.

Based mostly on our analysis, we imagine these estimate revisions are instantly associated to near-team inventory strikes. Buyers can capitalize on this by utilizing the Zacks Rank. This mannequin considers these estimate modifications and gives a easy, actionable ranking system.

Starting from #1 (Sturdy Purchase) to #5 (Sturdy Promote), the Zacks Rank system has a confirmed, outside-audited observe document of outperformance, with #1 shares returning a median of +25% yearly since 1988. Over the previous month, the Zacks Consensus EPS estimate has moved 0.01% decrease. UPS presently has a Zacks Rank of #4 (Promote).

its valuation, UPS is holding a Ahead P/E ratio of 15.98. This valuation marks a premium in comparison with its trade’s common Ahead P/E of 15.9.

Buyers also needs to be aware that UPS has a PEG ratio of 1.37 proper now. This in style metric is much 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. Transportation – Air Freight and Cargo shares are, on common, holding a PEG ratio of 1.37 based mostly on yesterday’s closing costs.

The Transportation – Air Freight and Cargo trade is a part of the Transportation sector. This group has a Zacks Trade Rank of 249, placing it within the backside 2% of all 250+ industries.

The Zacks Trade Rank gauges the energy of our particular person trade teams by measuring the common Zacks Rank of the person shares inside the teams. Our analysis reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.

Make sure you comply with all of those stock-moving metrics, and plenty of extra, on Zacks.com.

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United Parcel Service, Inc. (UPS): Free Stock Analysis Report
 
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