10-May-2024
Seeking Alpha News (Fri, 10-May 3:00 PM ET)
Top picks in Transportation and logistics - Baird
Seeking Alpha News (Fri, 10-May 9:45 AM ET)
The S&P 500 has fallen from its five-month positive performance - HSBC Global
Seeking Alpha News (Wed, 8-May 12:15 PM ET)
UPS Chief Financial Officer Brian Newman to Depart
Business Wire (Mon, 6-May 4:05 PM ET)
UPS Announces Quarterly Dividend
Business Wire (Wed, 1-May 5:36 PM ET)
UPS Bullish Calendar Call Spread with 100% Upside
Market Chameleon (Tue, 23-Apr 10:01 AM ET)
Business Wire (Tue, 23-Apr 6:00 AM ET)
Business Wire (Fri, 12-Apr 8:00 AM ET)
UPS To Release First-Quarter 2024 Results On Tuesday, April 23, 2024
Business Wire (Tue, 9-Apr 4:15 PM ET)
UPS Announces Significant Partnership Expansion with USPS
Business Wire (Mon, 1-Apr 6:00 AM ET)
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder. UPS is currently pursuing "strategic alternatives" for its truck brokerage unit, Coyote, which it acquired in 2015.
United Parcel Service trades on the NYSE stock market under the symbol UPS.
As of May 10, 2024, UPS stock price climbed to $147.37 with 2,367,454 million shares trading.
UPS has a beta of 1.19, meaning it tends to be more sensitive to market movements. UPS has a correlation of 0.31 to the broad based SPY ETF.
UPS has a market cap of $125.66 billion. This is considered a Large Cap stock.
Last quarter United Parcel Service reported $22 billion in Revenue and $1.43 earnings per share. This fell short of revenue expectation by $-164 million and exceeded earnings estimates by $.13.
In the last 3 years, UPS stock traded as high as $233.72 and as low as $133.68.
The top ETF exchange traded funds that UPS belongs to (by Net Assets): VTI, VOO, SCHD, SPY, IVV.
UPS has underperformed the market in the last year with a price return of -9.4% while the SPY ETF gained +27.8%. UPS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.0% and +1.0%, respectively, while the SPY returned +4.2% and +2.5%, respectively.
UPS support price is $144.61 and resistance is $148.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UPS stock will trade within this expected range on the day.