News coverage about United Parcel Service (NYSE:UPS) has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. United Parcel Service earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 45.9082668074416 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- United Parcel Service (UPS) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)
- UPS goes Groupon, launching discounts for retailers (finance.yahoo.com)
- UPS Connects Retailers And 43 Million Consumers Via The UPS My Choice Deals Site (finance.yahoo.com)
- Marken charts growth from new Durham HQ (finance.yahoo.com)
- United Parcel Service (UPS) Scheduled to Post Quarterly Earnings on Wednesday (americanbankingnews.com)
Shares of NYSE UPS traded up $1.38 during trading hours on Wednesday, hitting $110.90. The company’s stock had a trading volume of 3,559,546 shares, compared to its average volume of 4,726,755. The company has a debt-to-equity ratio of 19.69, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a market capitalization of $94,131.22, a PE ratio of 18.45, a PEG ratio of 1.64 and a beta of 1.03. United Parcel Service has a 12 month low of $101.45 and a 12 month high of $135.53.
United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, February 1st. The transportation company reported $1.67 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.66 by $0.01. The company had revenue of $18.83 billion for the quarter, compared to analysts’ expectations of $18.20 billion. United Parcel Service had a return on equity of 477.77% and a net margin of 7.45%. United Parcel Service’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period last year, the firm earned $1.63 earnings per share. equities research analysts anticipate that United Parcel Service will post 7.22 earnings per share for the current year.
A number of equities research analysts have weighed in on UPS shares. Vetr upgraded United Parcel Service from a “sell” rating to a “hold” rating and set a $116.85 price target on the stock in a research report on Tuesday, December 26th. Knight Equity restated a “buy” rating and set a $135.00 price target (down previously from $145.00) on shares of United Parcel Service in a research report on Monday, January 8th. Deutsche Bank restated a “buy” rating and set a $145.00 price target (up previously from $135.00) on shares of United Parcel Service in a research report on Monday, January 8th. Robert W. Baird reaffirmed a “hold” rating and set a $130.00 price objective on shares of United Parcel Service in a research note on Tuesday, January 9th. Finally, Credit Suisse Group reaffirmed a “hold” rating and set a $137.00 price objective on shares of United Parcel Service in a research note on Wednesday, January 17th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $124.73.
In related news, SVP Teri P. Mcclure sold 4,500 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $106.80, for a total value of $480,600.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.56% of the stock is owned by company insiders.
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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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