Analysts expect United Parcel Service, Inc. (NYSE:UPS) to announce earnings of $1.93 per share for the current fiscal quarter, according to Zacks. Eight analysts have issued estimates for United Parcel Service’s earnings. The lowest EPS estimate is $1.89 and the highest is $2.00. United Parcel Service posted earnings of $1.67 per share in the same quarter last year, which would suggest a positive year over year growth rate of 15.6%. The firm is expected to report its next earnings report on Thursday, February 7th.

On average, analysts expect that United Parcel Service will report full-year earnings of $7.23 per share for the current financial year, with EPS estimates ranging from $7.20 to $7.30. For the next financial year, analysts expect that the firm will post earnings of $7.81 per share, with EPS estimates ranging from $7.31 to $8.15. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow United Parcel Service.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Wednesday, October 24th. The transportation company reported $1.82 EPS for the quarter, hitting the consensus estimate of $1.82. United Parcel Service had a return on equity of 307.54% and a net margin of 7.68%. The firm had revenue of $17.44 billion for the quarter, compared to the consensus estimate of $17.48 billion. During the same quarter last year, the company earned $1.45 earnings per share. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year.

Several research analysts have recently commented on UPS shares. UBS Group decreased their price objective on United Parcel Service from $137.00 to $136.00 and set a “buy” rating on the stock in a research note on Thursday, October 25th. Citigroup decreased their price objective on United Parcel Service from $134.00 to $125.00 and set a “buy” rating on the stock in a research note on Thursday, October 25th. Raymond James decreased their price objective on United Parcel Service from $150.00 to $140.00 and set a “strong-buy” rating on the stock in a research note on Thursday, October 25th. BMO Capital Markets raised United Parcel Service from a “market perform” rating to an “outperform” rating and set a $128.00 price objective on the stock in a research note on Monday, October 1st. Finally, Berenberg Bank started coverage on United Parcel Service in a research note on Friday, September 21st. They issued a “hold” rating and a $125.00 price objective on the stock. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. United Parcel Service presently has a consensus rating of “Hold” and a consensus target price of $125.33.

Institutional investors and hedge funds have recently modified their holdings of the stock. Capital International Investors bought a new stake in United Parcel Service in the 3rd quarter worth approximately $525,375,000. Vulcan Value Partners LLC bought a new stake in United Parcel Service in the 2nd quarter worth approximately $308,056,000. Mainstay Capital Management LLC ADV increased its stake in United Parcel Service by 4,846.8% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 890,030 shares of the transportation company’s stock worth $9,208,000 after acquiring an additional 872,038 shares during the last quarter. Vanguard Group Inc. increased its stake in United Parcel Service by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 52,189,390 shares of the transportation company’s stock worth $6,093,112,000 after acquiring an additional 704,504 shares during the last quarter. Finally, Chevy Chase Trust Holdings Inc. bought a new stake in United Parcel Service in the 2nd quarter worth approximately $62,422,000. 54.07% of the stock is currently owned by institutional investors.

NYSE UPS opened at $105.32 on Wednesday. The company has a debt-to-equity ratio of 6.43, a quick ratio of 1.14 and a current ratio of 1.14. United Parcel Service has a 52 week low of $101.45 and a 52 week high of $135.53. The stock has a market capitalization of $91.74 billion, a PE ratio of 17.52, a P/E/G ratio of 1.60 and a beta of 1.15.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 5th. Investors of record on Monday, November 19th were paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 3.46%. The ex-dividend date of this dividend was Friday, November 16th. United Parcel Service’s dividend payout ratio (DPR) is presently 60.57%.

About United Parcel Service

United Parcel Service, Inc provides letter and package delivery, specialized transportation, logistics, and financial services. It operates through three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. 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.

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Earnings History and Estimates for United Parcel Service (NYSE:UPS)

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