United Parcel Service (UPS) Given Media Sentiment Score of 0.11
Press coverage about United Parcel Service (NYSE:UPS) has trended somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. United Parcel Service earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 46.974246757308 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- NY Teamsters approve slashing benefits to retired members (finance.yahoo.com)
- United Parcel Service, Inc. : UPS-US: Dividend Analysis : August 14th, 2017 (record date) : By the numbers : September 13, 2017 (finance.yahoo.com)
- Families of UPS workers killed in SF shooting spree file wrongful-death suits – East Bay Times (eastbaytimes.com)
- United Parcel Service, Inc. (UPS) Expected to Announce Quarterly Sales of $15.62 Billion (americanbankingnews.com)
- UPS Announces Holiday Surge Pricing (independentretailer.com)
A number of brokerages have commented on UPS. BidaskClub upgraded United Parcel Service from a “sell” rating to a “hold” rating in a research report on Tuesday, June 20th. Seaport Global Securities began coverage on United Parcel Service in a research report on Tuesday, June 6th. They issued a “neutral” rating for the company. Credit Suisse Group reiterated a “neutral” rating and issued a $108.00 price objective on shares of United Parcel Service in a research report on Tuesday, August 15th. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $116.00 price objective on shares of United Parcel Service in a research report on Friday, May 19th. Finally, Cowen and Company reiterated a “hold” rating on shares of United Parcel Service in a research report on Wednesday, July 19th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. United Parcel Service currently has a consensus rating of “Hold” and an average target price of $114.80.
United Parcel Service (NYSE UPS) traded down 0.08% during midday trading on Wednesday, reaching $117.06. The company had a trading volume of 2,302,641 shares. The stock has a market cap of $101.37 billion, a P/E ratio of 28.78 and a beta of 0.88. United Parcel Service has a 12 month low of $102.12 and a 12 month high of $120.44. The firm has a 50-day moving average of $113.07 and a 200-day moving average of $108.86.
United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Thursday, July 27th. The transportation company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.12. The business had revenue of $15.75 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 7.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.43 earnings per share. On average, equities analysts expect that United Parcel Service will post $6.01 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 30th. Investors of record on Monday, August 14th were paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 2.84%. The ex-dividend date was Thursday, August 10th. United Parcel Service’s dividend payout ratio (DPR) is currently 81.57%.
In related news, EVP Alan Gershenhorn sold 17,699 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $114.10, for a total value of $2,019,455.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider James J. Barber sold 3,556 shares of the business’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. 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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