younited Parcel Service (UPS) closed at $194.39 last trading session, marking a -1.43% move from the previous day. This change lagged the S&P 500’s 0.97% loss on the day. Meanwhile, the Dow lost 0.42% and the Nasdaq, a technology-heavy index, lost 0.49%.
As of today, shares of the parcel delivery service had lost 3.05% over the past month. Over the same period, the transportation sector lost 2.95%, while the S&P 500 gained 4.71%.
Investors are hoping for strength from United Parcel Service ahead of its next earnings release, which is expected on April 26, 2022. In the report, analysts expect United Parcel Service to post a profit of 2 $.87 per share. This would mark a year-over-year growth of 3.61%. Our most recent consensus estimate calls for quarterly revenue of $23.79 billion, up 3.85% from the prior year period.
Looking to the full year, our Zacks consensus estimates suggest analysts are expecting earnings of $12.79 per share and revenue of $102.2 billion. These totals would mark changes of +5.44% and +5.05%, respectively, from last year.
Any recent changes in analyst estimates for United Parcel Service should also be noted by investors. These revisions help show the ever-changing nature of short-term trading trends. Thus, positive revisions to estimates reflect analysts’ optimism about the company’s business and profitability.
Our research shows that these estimate changes are directly correlated to short-term stock prices. Investors can take advantage of this by using the Zacks ranking. This model accounts for these estimation changes and provides a simple and actionable scoring system.
The Zacks ranking system ranges from #1 (strong buy) to #5 (strong sell). It has a remarkable, externally audited track record of success with #1 stocks delivering an average annual return of +25% since 1988. Over the past 30 days, our consensus EPS projection has fallen 0.12%. United Parcel Service currently sports a Zacks rank of #3 (Hold).
Investors should also note United Parcel Service’s current valuation metrics, including its Forward P/E ratio of 15.42. This valuation marks a premium compared to the average Forward P/E of its sector of 15.24.
Additionally, it is worth mentioning that UPS has a PEG ratio of 1.28. This popular measure is similar to the widely known P/E ratio, except that the PEG ratio also takes into account the company’s expected earnings growth rate. Transportation – Air Cargo and Freight had an average PEG ratio of 1.28 at yesterday’s closing price.
The Transportation – Air Cargo and Freight industry is part of the Transportation sector. This group has a Zacks industry ranking of 82, which places it in the top 33% of over 250 industries.
The Zacks Industry Ranking assesses the strength of our industry groups by measuring the average Zacks Ranking of individual stocks within the groups. Our research shows that the top 50% of industries outperform the bottom half by a factor of 2 to 1.
Be sure to track all of these stock movement metrics, and more, at Zacks.com.
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United Parcel Service, Inc. (UPS): Free Inventory Analysis Report
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