Analysts expect that United Parcel Service, Inc. (NYSE:UPS) will announce earnings per share (EPS) of $1.42 for the current quarter, Zacks reports. Seven analysts have provided estimates for United Parcel Service’s earnings, with the highest EPS estimate coming in at $1.47 and the lowest estimate coming in at $1.39. United Parcel Service reported earnings per share of $1.55 in the same quarter last year, which would indicate a negative year over year growth rate of 8.4%. The company is expected to announce its next quarterly earnings report before the market opens on Thursday, April 25th.

On average, analysts expect that United Parcel Service will report full-year earnings of $7.52 per share for the current financial year, with EPS estimates ranging from $7.31 to $7.60. For the next fiscal year, analysts forecast that the firm will report earnings of $8.14 per share, with EPS estimates ranging from $7.37 to $8.45. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that cover United Parcel Service.

United Parcel Service (NYSE:UPS) last announced its earnings results on Thursday, January 31st. The transportation company reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.03. The firm had revenue of $19.85 billion for the quarter, compared to analysts’ expectations of $19.92 billion. United Parcel Service had a net margin of 6.67% and a return on equity of 254.74%. During the same period in the prior year, the company earned $1.67 EPS.

Several equities analysts recently commented on the stock. Berenberg Bank upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating and upped their price target for the company from $125.00 to $130.00 in a report on Monday, April 1st. Credit Suisse Group reiterated a “neutral” rating and set a $114.00 price target on shares of United Parcel Service in a report on Wednesday, March 6th. Standpoint Research downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a report on Thursday, February 7th. Zacks Investment Research downgraded shares of United Parcel Service from a “hold” rating to a “sell” rating in a report on Saturday, February 9th. Finally, Bank of America reiterated a “neutral” rating and set a $112.00 price target (down from $116.00) on shares of United Parcel Service in a report on Friday, February 1st. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $123.70.

In other United Parcel Service news, CFO Richard N. Peretz sold 9,112 shares of the company’s stock in a transaction dated Wednesday, February 13th. The shares were sold at an average price of $111.18, for a total value of $1,013,072.16. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Teri P. Mcclure sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 25th. The stock was sold at an average price of $109.72, for a total transaction of $548,600.00. The disclosure for this sale can be found here. 0.17% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Managed Account Services Inc. lifted its position in shares of United Parcel Service by 7.2% in the 1st quarter. Managed Account Services Inc. now owns 11,509 shares of the transportation company’s stock worth $1,308,000 after purchasing an additional 769 shares during the period. Financial Gravity Wealth Inc. purchased a new stake in shares of United Parcel Service in the 1st quarter worth approximately $32,000. Plimoth Trust Co. LLC lifted its position in shares of United Parcel Service by 8.9% in the 1st quarter. Plimoth Trust Co. LLC now owns 35,165 shares of the transportation company’s stock worth $3,929,000 after purchasing an additional 2,885 shares during the period. Strs Ohio lifted its position in shares of United Parcel Service by 0.4% in the 1st quarter. Strs Ohio now owns 383,122 shares of the transportation company’s stock worth $42,810,000 after purchasing an additional 1,558 shares during the period. Finally, Lathrop Investment Management Corp lifted its position in shares of United Parcel Service by 0.5% in the 1st quarter. Lathrop Investment Management Corp now owns 99,471 shares of the transportation company’s stock worth $11,115,000 after purchasing an additional 485 shares during the period. 55.55% of the stock is owned by hedge funds and other institutional investors.

NYSE:UPS traded down $0.49 during mid-day trading on Monday, hitting $113.66. 43,892 shares of the stock traded hands, compared to its average volume of 2,349,640. The company has a market capitalization of $97.50 billion, a price-to-earnings ratio of 15.67, a PEG ratio of 1.69 and a beta of 1.21. United Parcel Service has a 52 week low of $89.89 and a 52 week high of $125.09. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 6.56.

United Parcel Service Company Profile

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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