United Parcel Service, Inc. (UPS)
| Market Cap | 125.02B |
| Revenue (ttm) | 90.96B |
| Net Income (ttm) | 6.71B |
| Shares Out | 852.65M |
| EPS (ttm) | 7.80 |
| PE Ratio | 18.80 |
| Forward PE | 17.66 |
| Dividend | $6.52 (4.45%) |
| Ex-Dividend Date | Feb 16, 2024 |
| Volume | 4,194,499 |
| Open | 147.93 |
| Previous Close | 148.87 |
| Day's Range | 143.77 - 147.93 |
| 52-Week Range | 133.68 - 192.98 |
| Beta | 1.06 |
| Analysts | Buy |
| Price Target | 166.27 (+13.4%) |
| Earnings Date | Apr 23, 2024 |
About UPS
United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite inte... [Read more]
Financial Performance
In 2023, UPS's revenue was $90.96 billion, a decrease of -9.35% compared to the previous year's $100.34 billion. Earnings were $6.71 billion, a decrease of -41.91%.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for UPS stock is "Buy." The 12-month stock price forecast is $166.27, which is an increase of 13.40% from the latest price.
News
UPS Looks to Returns, Big-and-Bulky Deliveries to Boost Shipping Volumes
UPS is looking to returns and big-and-bulky deliveries to expand its addressable market at a time when its shipping volumes have been decreasing.
UPS Posts Q1 Profit Beat, Revenue Miss
United Parcel Service (UPS) on Tuesday released first-quarter results that surpassed analyst expectations for adjusted profit but fell short of revenue expectations.
UPS and FedEx are desperate for volumes, says Conor Cunningham
Conor Cunningham, Director at Melius Research, discusses earnings from UPS.
UPS' stock rises as profit fell but beat expectations, while revenue came up a bit shy
Average U.S. daily package volume fell 3.2% with weakness in next-day air, while average revenue per piece slipped 0.3%
UPS quarterly profit falls on high labor costs, weak small-package demand
United Parcel Service reported a decline in first-quarter profit on Tuesday, as margins came under pressure from subdued demand for small-package delivery and higher costs tied to a new labor contract...
UPS Releases 1Q 2024 Earnings
ATLANTA--(BUSINESS WIRE)--UPS (NYSE:UPS) today announced first-quarter 2024 consolidated revenues of $21.7 billion, a 5.3% decrease from the first quarter of 2023. Consolidated operating profit was $1...
Here's What To Anticipate From UPS' Q1
United Parcel Service (NYSE: UPS) is scheduled to report its Q1 2024 results on Tuesday, April 23. We expect UPS to post revenue of $22 billion and earnings of $1.38 on a per-share and adjusted basis,...
What You Need to Know Ahead of UPS Earnings Tuesday
United Parcel Service (UPS) reports earnings before the bell Tuesday, with analysts projecting year-over-year drops in revenue and income as UPS and FedEx (FDX) have seen demand fall after hitting rec...
UPS To Release First-Quarter 2024 Results On Tuesday, April 23, 2024
ATLANTA--(BUSINESS WIRE)--UPS (NYSE:UPS) will announce its 2024 first-quarter results on April 23, 2024, at approximately 6:00 a.m. Eastern Time. At 8:30 a.m. ET, UPS Chief Executive Officer Carol Tom...
Postal Service Picks UPS to Move Air Cargo, Replacing FedEx
The FedEx contract is set to end in September after more than 20 years.
UPS Replaces FedEx as USPS' Primary Air Cargo Provider
United Parcel Service (UPS) announced Monday it is becoming the primary air cargo provider of the United States Postal Service (USPS), replacing FedEx (FDX) in the position.
Postal Service Replaces FedEx With UPS For Air Cargo
UPS announced Monday that it will become the primary air cargo provider for the United States Postal Service, in what it called a “significant partnership expansion,” replacing FedEx after the company...
UPS in, FedEx out as the primary air cargo provider for U.S. Mail
United Parcel Service Inc (NYSE: UPS) is in the green this morning after the United States Postal Service said the multinational will become its primary air cargo provider. FedEx is parting ways with ...
UPS Announces Significant Partnership Expansion with USPS
ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) today announced the company has been awarded a significant air cargo contract by the United Stated Postal Service (USPS). This award is effective immediately ...
These 3 Industrials Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Trinity Industries (NYSE:TRN), MSC Industrial Direct Co (NYSE:MSM)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
UPS CEO Carol Tome Explains How Her Stock Can Go Higher.
UPS stock fell Tuesday after the company laid out aggressive 2026 financial targets. Investors might not be giving CEO Carol Tome enough credit.
Volume growth is a lag on UPS, says CFRA's Stewart Glickman
Stewart Glickman, CFRA Deputy Research Director, joins 'Closing Bell: Overtime' to discuss UPS as the company's stock has its worse day since January.
UPS CEO Tomé on Growth Opportunities, Cost Cuts, Bridge Collapse
UPS CEO Carol Tomé discusses the company's growth opportunities and cost-cutting plans. Speaking with Alix Steel and Romaine Bostick on Bloomberg Television, Tomé also comments on the supply chain imp...
UPS CEO on Key Bridge Collapse: 'We'll Help Reroute'
UPS CEO Carol Tomé comments on the potential economic toll of the collapse of the Francis Scott Key Bridge in Baltimore. For more on this story, please see: https://www.bloomberg.com/news/articles/202...
UPS CEO: We are leaning toward automation in ways we have never had before
UPS CEO Carol Tomé joins 'The Exchange' with CNBC's Morgan Brennan to discuss the company's 2026 financial targets, margin growth, and more.
UPS Projects Revenue Above Expectations
United Parcel Service (UPS) released projections Tuesday that beat estimates, as the delivery giant works to cut costs amid a slowdown in shipping demand.
Will UPS Stock Recover To Its Pre-Inflation Shock High Of $230?
UPS stock (NYSE: UPS) currently trades at $156 per share, 32% below the peak level of $232 seen in February 2022, and it seems appropriately priced, in our view. UPS stock was trading at around $182 i...
UPS Announces Strategic Initiatives And Three-Year Financial Targets
ATLANTA--(BUSINESS WIRE)--UPS (NYSE:UPS) will host its investor and analyst conference today at its Worldport air hub in Louisville, KY beginning at 9:15 a.m. ET. At the conference, the company will s...
Up 30% In A Year, Is FedEx Stock A Better Pick Over UPS?
Given its better prospects, we believe UPS stock (NYSE: UPS) is a better pick than its peer — FedEx stock (NYSE: FDX). UPS trades at a higher valuation multiple of 1.4x revenues vs.