UPS Stock Summary and Trading Ideas (United Parcel Service | NYSE:UPS)

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 3, 2024, UPS stock price declined to $146.43 with 1,809,918 million shares trading.

UPS has a beta of 1.16, meaning it tends to be more sensitive to market movements. UPS has a correlation of 0.27 to the broad based SPY ETF.

UPS has a market cap of $124.85 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 -13.0% while the SPY ETF gained +27.0%. However, in the short term, UPS had mixed performance relative to the market. It has outperformed in the last 3 months, returning +4.4% vs +3.7% return in SPY. But in the last 2 weeks, UPS shares have been beat by the market, returning +2.6% compared to an SPY return of +3.3%.

UPS support price is $145.26 and resistance is $149.18 (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.