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United Parcel Service (UPS) Stock Moves -0.38%: What You Should Know
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United Parcel Service (UPS - Free Report) closed at $179.28 in the latest trading session, marking a -0.38% move from the prior day. This change was narrower than the S&P 500's daily loss of 0.79%. Elsewhere, the Dow lost 1.07%, while the tech-heavy Nasdaq lost 2.71%.
Heading into today, shares of the package delivery service had gained 4.94% over the past month, lagging the Transportation sector's gain of 7.82% and outpacing the S&P 500's gain of 4.16% in that time.
Investors will be hoping for strength from United Parcel Service as it approaches its next earnings release. The company is expected to report EPS of $2.53, down 23.1% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $22.95 billion, down 7.35% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $10.75 per share and revenue of $96.45 billion. These totals would mark changes of -16.92% and -3.87%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for United Parcel Service. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.33% lower. United Parcel Service currently has a Zacks Rank of #3 (Hold).
Investors should also note United Parcel Service's current valuation metrics, including its Forward P/E ratio of 16.75. This represents a premium compared to its industry's average Forward P/E of 15.56.
Investors should also note that UPS has a PEG ratio of 1.67 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Transportation - Air Freight and Cargo was holding an average PEG ratio of 1.67 at yesterday's closing price.
The Transportation - Air Freight and Cargo industry is part of the Transportation sector. This group has a Zacks Industry Rank of 227, putting it in the bottom 10% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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United Parcel Service (UPS) Stock Moves -0.38%: What You Should Know
United Parcel Service (UPS - Free Report) closed at $179.28 in the latest trading session, marking a -0.38% move from the prior day. This change was narrower than the S&P 500's daily loss of 0.79%. Elsewhere, the Dow lost 1.07%, while the tech-heavy Nasdaq lost 2.71%.
Heading into today, shares of the package delivery service had gained 4.94% over the past month, lagging the Transportation sector's gain of 7.82% and outpacing the S&P 500's gain of 4.16% in that time.
Investors will be hoping for strength from United Parcel Service as it approaches its next earnings release. The company is expected to report EPS of $2.53, down 23.1% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $22.95 billion, down 7.35% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $10.75 per share and revenue of $96.45 billion. These totals would mark changes of -16.92% and -3.87%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for United Parcel Service. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.33% lower. United Parcel Service currently has a Zacks Rank of #3 (Hold).
Investors should also note United Parcel Service's current valuation metrics, including its Forward P/E ratio of 16.75. This represents a premium compared to its industry's average Forward P/E of 15.56.
Investors should also note that UPS has a PEG ratio of 1.67 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Transportation - Air Freight and Cargo was holding an average PEG ratio of 1.67 at yesterday's closing price.
The Transportation - Air Freight and Cargo industry is part of the Transportation sector. This group has a Zacks Industry Rank of 227, putting it in the bottom 10% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.