United Parcel Service Inc (NYSE: UPS) has reported E.P.S. of $1.65 for its second fiscal quarter (ending June 30) versus $2.42 for the same period a year ago — a decline of -32%. This performance was $-0.35 short of the consensus estimate of $2.00. E.P.S. were $6.14 for the latest four quarters through June 30 versus $11.57 for the same period a year ago — a decline of -47%.
Recent Price Action
United Parcel Service Inc (NYSE: UPS) stock closed at $127.68 on 7/23/24 after a major decline of -12.1%. Moreover, this decline was accompanied by exceptionally high trading volume at 612% of normal. The stock has been weak relative to the market over the last nine months and has declined -11.4% during the last week.
Current PriceTarget Research Rating
UPS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
United Parcel Service has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. United Parcel Service has a slightly positive Appreciation Score of 61 but a very low Power Rating of 12, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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