$1.67 EPS Expected for United Parcel Service, Inc. (UPS) This Quarter

Wall Street analysts expect United Parcel Service, Inc. (NYSE:UPS) to announce earnings per share (EPS) of $1.67 for the current fiscal quarter, according to Zacks. Eight analysts have issued estimates for United Parcel Service’s earnings, with estimates ranging from $1.64 to $1.72. United Parcel Service posted earnings of $1.63 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 2.5%. The business is scheduled to announce its next quarterly earnings results on Tuesday, January 30th.

According to Zacks, analysts expect that United Parcel Service will report full year earnings of $6.01 per share for the current year, with EPS estimates ranging from $5.98 to $6.07. For the next fiscal year, analysts expect that the company will post earnings of $6.46 per share, with EPS estimates ranging from $6.24 to $6.60. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that that provide coverage for United Parcel Service.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.45. United Parcel Service had a net margin of 5.58% and a return on equity of 551.29%. The firm had revenue of $15.98 billion for the quarter, compared to analysts’ expectations of $15.62 billion. During the same quarter last year, the company posted $1.44 earnings per share. United Parcel Service’s revenue was up 7.0% on a year-over-year basis.

A number of equities analysts have issued reports on the stock. Deutsche Bank raised shares of United Parcel Service from a “hold” rating to a “buy” rating and raised their target price for the stock from $125.00 to $135.00 in a report on Monday, December 4th. Goldman Sachs Group started coverage on United Parcel Service in a report on Monday, November 13th. They set a “buy” rating and a $148.00 price target on the stock. Oppenheimer reaffirmed a “buy” rating and set a $123.00 price target on shares of United Parcel Service in a report on Monday, November 6th. UBS lifted their price target on United Parcel Service from $117.00 to $126.00 and gave the company a “neutral” rating in a report on Friday, October 27th. Finally, Loop Capital lifted their price target on United Parcel Service from $120.00 to $128.00 and gave the company a “hold” rating in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $121.45.

Shares of United Parcel Service (NYSE UPS) traded up $1.16 during midday trading on Thursday, reaching $118.00. 4,123,899 shares of the company’s stock were exchanged, compared to its average volume of 2,832,996. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33. United Parcel Service has a 1 year low of $102.12 and a 1 year high of $125.16. The company has a market capitalization of $101,684.14, a PE ratio of 19.73, a P/E/G ratio of 2.12 and a beta of 0.92.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 29th. Investors of record on Monday, November 13th were paid a dividend of $0.83 per share. The ex-dividend date was Friday, November 10th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 2.81%. United Parcel Service’s dividend payout ratio is presently 81.37%.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of United Parcel Service during the third quarter valued at approximately $120,000. First PREMIER Bank increased its stake in shares of United Parcel Service by 5.0% during the second quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock valued at $116,000 after acquiring an additional 50 shares during the period. Ullmann Financial Group Inc. acquired a new position in shares of United Parcel Service during the first quarter valued at approximately $126,000. Parkside Financial Bank & Trust increased its stake in shares of United Parcel Service by 14.1% during the second quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock valued at $137,000 after acquiring an additional 153 shares during the period. Finally, Winslow Evans & Crocker Inc. grew its position in United Parcel Service by 261.3% in the second quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock worth $137,000 after buying an additional 899 shares during the last quarter. Institutional investors and hedge funds own 53.67% of the company’s stock.

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United Parcel Service Company Profile

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.

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Earnings History and Estimates for United Parcel Service (NYSE:UPS)

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