United Parcel Service (UPS) Getting Somewhat Favorable Media Coverage, Analysis Shows
News articles about United Parcel Service (NYSE:UPS) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Parcel Service earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the transportation company an impact score of 45.7860243336038 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern’s scoring:
- United States: EEOC Disability Discrimination Suit Against UPS Settled for $2 Million – Mondaq News Alerts (registration) (mondaq.com)
- Taylor Swift Partners with UPS – HuffPost (huffingtonpost.com)
- The UPS Foundation Mobilizes Relief Network, Pledges More Than $1 Million (finance.yahoo.com)
- Taylor Swift Just Caused One of the Biggest Changes Ever to the UPS Truck (finance.yahoo.com)
- United Parcel Service, Inc. (UPS) Position Increased by Anchor Capital Advisors LLC (vothemes.com)
Several research analysts have recently issued reports on the stock. Credit Suisse Group restated a “neutral” rating and issued a $108.00 target price on shares of United Parcel Service in a report on Tuesday, August 15th. Robert W. Baird restated a “hold” rating and set a $118.00 price objective on shares of United Parcel Service in a research report on Friday. Zacks Investment Research downgraded shares of United Parcel Service from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. BidaskClub downgraded shares of United Parcel Service from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Finally, Citigroup Inc. upgraded shares of United Parcel Service from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $115.00 to $128.00 in a research report on Tuesday, August 8th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $114.80.
Shares of United Parcel Service (NYSE:UPS) traded up 0.97% during midday trading on Tuesday, reaching $114.89. 2,083,098 shares of the company’s stock traded hands. United Parcel Service has a 52-week low of $102.12 and a 52-week high of $120.44. The firm has a market capitalization of $99.49 billion, a P/E ratio of 28.25 and a beta of 0.88. The stock’s 50 day moving average price is $112.04 and its 200 day moving average price is $108.21.
United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, July 27th. The transportation company reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.12. The company had revenue of $15.75 billion for the quarter, compared to the consensus estimate of $15.49 billion. United Parcel Service had a return on equity of 417.18% and a net margin of 5.68%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.43 EPS. On average, equities research analysts anticipate that United Parcel Service will post $6.01 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Monday, August 14th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend is Thursday, August 10th. United Parcel Service’s dividend payout ratio (DPR) is currently 81.57%.
In other news, SVP Kathleen M. Gutmann sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $107.49, for a total value of $214,980.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider James J. Barber sold 3,556 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $110.85, for a total value of $394,182.60. The disclosure for this sale can be found here. Over the last three months, insiders sold 23,255 shares of company stock valued at $2,628,619. Company insiders own 0.59% of the company’s stock.
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About United Parcel Service
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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