United Parcel Service, Inc. (UPS)

NYSE: UPS · IEX Real-Time Price · USD
148.27
+0.77 (0.52%)
At close: Feb 27, 2024, 4:00 PM
148.00
-0.27 (-0.18%)
After-hours: Feb 27, 2024, 7:56 PM EST
0.52%
Market Cap 125.77B
Revenue (ttm) 90.96B
Net Income (ttm) 6.71B
Shares Out 852.65M
EPS (ttm) 7.80
PE Ratio 19.01
Forward PE 17.66
Dividend $6.52 (4.40%)
Ex-Dividend Date Feb 16, 2024
Volume 2,359,840
Open 147.50
Previous Close 147.50
Day's Range 147.37 - 148.82
52-Week Range 133.68 - 197.80
Beta 1.05
Analysts Buy
Price Target 175.70 (+18.5%)
Earnings Date Jan 30, 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]

Sector Industrials
IPO Date Nov 10, 1999
Employees 500,000
Stock Exchange NYSE
Ticker Symbol UPS
Full Company Profile

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 Statements

Analyst Forecast

According to 25 analysts, the average rating for UPS stock is "Buy." The 12-month stock price forecast is $175.7, which is an increase of 18.50% from the latest price.

Price Target
$175.7
(18.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Should You Pick UPS Stock After Its 10% Fall Last Year?

UPS (NYSE: UPS) recently reported its Q4 results, with revenues missing but earnings marginally ahead of the street estimates. The company's outlook for 2024 sales also fell short of expectations, and...

15 days ago - Forbes

UPS Stock Delivers Best Day Since 2022 On Cost-Cutting Upside

Shares of United Parcel Service registered their biggest gain in years Tuesday, after the limping shipping magnate earned a rare analyst upgrade expressing optimism about UPS' profit outlook in light ...

21 days ago - Forbes

UPS New Canada Weekend Service

ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) today announced the launch of Saturday residential delivery of UPS® Standard Service, which brings Saturday ground delivery to customers in major Canadian cit...

21 days ago - Business Wire

CyberPower Expands Smart App Sinewave UPS Series to Include Lithium-Iron Models

SHAKOPEE, Minn.--(BUSINESS WIRE)-- #CyberPower--CyberPower launched lithium-iron UPS systems in its Smart App Sinewave product line.

27 days ago - Business Wire

UPS announces 12,000 job cuts after disappointing quarter

UPS announced plans to cut 12,000 jobs after posting disappointing fourth quarter results.

4 weeks ago - The Street

UPS To Cut 12,000 Jobs

Bloomberg Intelligence Lee Klaskow discusses the dip in UPS revenue and how the supply chains may have been the culprit. He joined Paul Sweeney and John Tucker On Bloomberg Radio.

4 weeks ago - Bloomberg Markets and Finance

UPS says it ‘won back' most of the business it lost to FedEx during labor talks, disputing rival's claim

That, from a FactSet transcript of United Parcel Service Inc.'s fourth-quarter earnings call Tuesday, appears to be UPS Chief Executive Carol Tomé's way of saying you shouldn't believe rival FedEx Cor...

4 weeks ago - Market Watch

UPS plans to cut 12,000 jobs

UPS said it plans to cut 12,000 roles in 2024, making it the latest company to announce plans to reduce its workforce. Amazon, Google, Citigroup and others have already announced cuts.

4 weeks ago - Fox Business

UPS Package Volume Drops 7.4% in ‘Difficult and Disappointing' 2023

UPS is cutting jobs and considering selling one of its businesses as shipping volumes decline. The shipping giant will eliminate 12,000 positions — chiefly full-time and part-time management roles and...

4 weeks ago - PYMNTS

UPS is cutting 12,000 jobs as CEO cites soft demand and high labor costs following historic contract deal

UPS announced that it will cut 12,000 jobs in 2024. CEO Carol Tomé is seeking to offset high labor costs and low package demand.

4 weeks ago - Business Insider

UPS to Cut 12,000 Jobs and Mandate Return to Offices Five Days a Week

CEO Carol Tomé said the cuts are part of efforts to change how the company works, including using artificial intelligence and other new technologies.

4 weeks ago - WSJ

UPS to slash 12,000 jobs in cost-saving move as workers ordered to be in office 5 days a week

United Parcel Service will slash 12,000 jobs and workers who survive the massive layoffs will be ordered to return to the office five days a week, the company said Tuesday. The Atlanta-based firm anno...

4 weeks ago - New York Post

UPS to Cut 12,000 Jobs After Missing Estimates

UPS plans to cut 12,000 jobs and explore the sale of its Coyote truck brokerage business. The jobs reduction will save $1 billion this year, CEO Carol Tomé said on a earnings conference call with anal...

4 weeks ago - Bloomberg Markets and Finance

UPS Q4 Earnings Dragged By Lower Volume, Additional Charges; Stock Tumbles

United Parcel Service's (UPS) fourth-quarter results were weighed down by lower shipping volumes and additional charges. The company's shares fell more than 6% in pre-market trading.

4 weeks ago - Investopedia

UPS Will Lay Off 12,000 Following Rough Earnings Report

UPS plans to reduce its workforce by some 12,000 employees, the shipping giant announced on its fourth quarter earnings call Tuesday after it fell short of expectations at the end of last year.

4 weeks ago - Forbes

UPS says it will lay off 12,000 of its employees

United Parcel Service Inc (NYSE: UPS) says it will lower its headcount by more than 2.0%. Shares of the shipping company are trading sharply in the red at writing.

4 weeks ago - Invezz

United Parcel Service: UPS stock is going down, opportunity?

United Parcel Service NYSE: UPS shares fell sharply following the Q4 results and 2024 guidance, confirming resistance at a critical level. The technical signal is bearish and may shave another 7.5% of...

4 weeks ago - MarketBeat

UPS stock tumbles after package giant reports drop in volume

UPS reported more than a 7% decrease in daily package volume in its fourth quarter earnings report Tuesday morning.

4 weeks ago - CNBC

UPS volume growth will be better after last year's blip, says Deutsche Bank's Amit Mehrotra

Amit Mehrotra, Managing Director at Deutsche Bank, discusses his expectations for UPS' earnings.

4 weeks ago - CNBC Television

UPS stock price dives as Q4 results point to more shipping woes

UPS (NYSE: UPS) stock price plunged by more than 5% in the pre-market after the company published a weak guidance. The shares crashed to a low of $150, the lowest level since November 28 last year.

4 weeks ago - Invezz

UPS to cut 12,000 jobs as annual revenue forecast disappoints on weak ecommerce demand

United Parcel Service said on Tuesday it would cut 12,000 jobs and explore strategic options for Coyote, its truckload freight brokerage business, after the company forecast full-year 2024 revenue bel...

4 weeks ago - Reuters

UPS' stock sinks after revenue falls below forecasts again, the full-year outlook disappoints

Shares of United Parcel Service Inc. UPS, -0.80% sank 5.2% toward a two-month low in premarket trading Tuesday, after the package delivery giant reported fourth-quarter that fell below expectations, a...

4 weeks ago - Market Watch

UPS Releases 4Q 2023 Earnings

ATLANTA--(BUSINESS WIRE)--UPS (NYSE:UPS) today announced fourth-quarter 2023 consolidated revenues of $24.9 billion, a 7.8% decrease from the fourth quarter of 2022. Consolidated operating profit was ...

4 weeks ago - Business Wire

What You Need To Know Ahead of UPS Earnings on Tuesday

After reaching a deal over the summer with its unionized workers, United Parcel Service (UPS) could still be struggling to absorb the effects of the labor contract when it reports earnings.

4 weeks ago - Investopedia

Can UPS snap its streaks of revenue misses and post-earnings stock selloffs?

Shares of United Parcel Service Inc. slumped Monday as investors prepared for the package-delivery giant's quarterly results, which have not been so kind to investors in the recent past.

4 weeks ago - Market Watch