United Parcel Service (UPS) Receiving Somewhat Positive Press Coverage, Analysis Finds

Press coverage about United Parcel Service (NYSE:UPS) has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. United Parcel Service earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the transportation company an impact score of 46.555334011136 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:

United Parcel Service (NYSE UPS) opened at $114.07 on Wednesday. United Parcel Service has a one year low of $102.12 and a one year high of $121.75. The firm has a market capitalization of $98,440.00, a P/E ratio of 18.93, a P/E/G ratio of 2.04 and a beta of 0.92. 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 (NYSE:UPS) last released its quarterly earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, hitting the consensus estimate of $1.45. The company had revenue of $15.98 billion during the quarter, compared to the consensus estimate of $15.62 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. United Parcel Service’s revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.44 earnings per share. equities analysts predict that United Parcel Service will post 6.01 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 29th. Shareholders of record on Monday, November 13th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 2.91%. The ex-dividend date of this dividend is Friday, November 10th. United Parcel Service’s payout ratio is 81.57%.

A number of analysts have weighed in on the company. BidaskClub raised United Parcel Service from a “strong sell” rating to a “sell” rating in a research report on Friday, August 11th. Credit Suisse Group reissued a “hold” rating and issued a $116.00 price target (up from $108.00) on shares of United Parcel Service in a report on Thursday, October 12th. They noted that the move was a valuation call. Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $123.00 price target on shares of United Parcel Service in a report on Monday, November 6th. BMO Capital Markets raised their price target on United Parcel Service from $115.00 to $128.00 and gave the company a “market perform” rating in a report on Friday, October 27th. Finally, J P Morgan Chase & Co raised their price target on United Parcel Service from $113.00 to $114.00 and gave the company a “neutral” rating in a report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company. United Parcel Service presently has an average rating of “Hold” and a consensus target price of $120.74.

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In other United Parcel Service news, EVP Alan Gershenhorn sold 17,699 shares of the firm’s stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $114.10, for a total transaction of $2,019,455.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.59% of the company’s stock.

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.

Insider Buying and Selling by Quarter for United Parcel Service (NYSE:UPS)

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