Somewhat Favorable Press Coverage Somewhat Unlikely to Impact United Parcel Service (UPS) Share Price
Headlines about United Parcel Service (NYSE:UPS) have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. United Parcel Service earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the transportation company an impact score of 46.777805320768 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s analysis:
- Financial Comparison: Gol Linhas Aereas Inteligentes (GOL) vs. United Parcel Service (UPS) (americanbankingnews.com)
- UPS picks Harrison Park as successor for director in Korean market … – Atlanta Business Chronicle (bizjournals.com)
- DHL expanding delivery service in Atlanta, adding more targets to UPS’ back – Atlanta Business Chronicle (bizjournals.com)
- DHL Steps Back Into U.S. Package Delivery in Challenge to UPS … – Wall Street Journal (wsj.com)
- UPS breaks ground on new flight simulator facility – Louisville Business First (bizjournals.com)
Shares of United Parcel Service (NYSE:UPS) traded up $1.19 during mid-day trading on Friday, hitting $110.91. 5,678,895 shares of the stock traded hands, compared to its average volume of 4,553,753. The company has a market cap of $94,536.18, a P/E ratio of 19.73, a price-to-earnings-growth ratio of 1.64 and a beta of 1.06. United Parcel Service has a 12-month low of $102.12 and a 12-month high of $135.53. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 19.69.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 7th. Stockholders of record on Tuesday, February 20th were given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 3.28%. This is an increase from United Parcel Service’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend was Friday, February 16th. United Parcel Service’s dividend payout ratio (DPR) is presently 64.77%.
Several equities research analysts recently issued reports on the stock. Loop Capital raised their target price on shares of United Parcel Service from $131.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, March 7th. Zacks Investment Research cut shares of United Parcel Service from a “buy” rating to a “hold” rating in a report on Tuesday, March 6th. Stifel Nicolaus upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating and dropped their price target for the stock from $127.00 to $121.00 in a research note on Tuesday, March 6th. Knight Equity cut shares of United Parcel Service from a “buy” rating to a “hold” rating and dropped their price target for the stock from $135.00 to $115.00 in a research note on Thursday, February 22nd. Finally, Deutsche Bank cut shares of United Parcel Service from a “buy” rating to a “hold” rating and set a $115.00 price target on the stock. in a research note on Thursday, February 22nd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $125.21.
In other news, SVP Teri P. Mcclure sold 4,500 shares of the firm’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $106.80, for a total transaction of $480,600.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.59% of the stock is owned by company insiders.
United Parcel Service Company Profile
United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.
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