United Parcel Service, Inc. (UPS)

NYSE: UPS · IEX Real-Time Price · USD
148.63
+1.30 (0.88%)
At close: Mar 28, 2024, 4:00 PM
148.16
-0.47 (-0.32%)
After-hours: Mar 28, 2024, 7:59 PM EDT
0.88%
Market Cap 125.69B
Revenue (ttm) 90.96B
Net Income (ttm) 6.71B
Shares Out 852.65M
EPS (ttm) 7.80
PE Ratio 19.06
Forward PE 17.72
Dividend $6.52 (4.39%)
Ex-Dividend Date Feb 16, 2024
Volume 5,085,029
Open 147.27
Previous Close 147.33
Day's Range 146.64 - 149.05
52-Week Range 133.68 - 197.80
Beta 1.05
Analysts Buy
Price Target 165.68 (+11.47%)
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]

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 24 analysts, the average rating for UPS stock is "Buy." The 12-month stock price forecast is $165.68, which is an increase of 11.47% from the latest price.

Price Target
$165.68
(11.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

Other symbols: MSMTRN
14 hours ago - Benzinga

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.

1 day ago - Barrons

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.

2 days ago - CNBC Television

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...

2 days ago - Bloomberg Markets and Finance

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...

2 days ago - Bloomberg Markets and Finance

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.

2 days ago - CNBC Television

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.

2 days ago - Investopedia

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...

2 days ago - Forbes

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...

2 days ago - Business Wire

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.

Other symbols: FDX
10 days ago - Forbes

UPS, IBM, NVO: Expect Less Volatility Than Last Year

We're bullish on the market this year, notes Andrew Arons. He discusses the long-term market outlook.

Other symbols: IBMNVO
15 days ago - Schwab Network

Former United Parcel Service Executive Nick Costides Joins Board of Directors at Robust.AI

SAN CARLOS, Calif.--(BUSINESS WIRE)-- #AI--Robotics and AI company Robust.AI announced the appointment of Nick Costides, former President of IT at UPS, to its Board of Directors.

17 days ago - Business Wire

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...

6 weeks 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 ...

7 weeks 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...

7 weeks 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.

2 months 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.

2 months 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.

2 months 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...

2 months 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.

2 months 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...

2 months 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.

2 months 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.

2 months 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...

2 months 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...

2 months ago - Bloomberg Markets and Finance