Analysts on Wall Street project that United Parcel Service (UPS) will announce quarterly earnings of $1.33 per share in its forthcoming report, representing a decline of 39.6% year over year. Revenues are projected to reach $21.96 billion, declining 4.2% from the same quarter last year.The current level reflects an upward revision of 4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projec ...

In the latest trading session, United Parcel Service (UPS) closed at $150.57, marking a +0.31% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.15%. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, added 0.32%.Shares of the package delivery service witnessed a loss of 3% over the previous month, trailing the performance of the Transportation sector with its loss of 0.64% and the S&P 500's gain of 1.65%.The upcoming earnings release of United Pa ...

An analyst recently took a glass-half-full look at the transportation giant's prospects.Wall Street analysts are divided over UPS (UPS 0.91%). While several of them lowered their price targets on the stock after the company's recent Investor and Analyst Day presentation, Redburn Atlantic analyst Oliver Holmes raised his rating to "buy" from "neutral" with a $180 price target. That would represent an 18% gain from its current price. Let's consider the thinking behind this view.An analyst upgrade for UPSAccor ...

In the latest market close, United Parcel Service (UPS) reached $150, with a -1.49% movement compared to the previous day. This change lagged the S&P 500's daily loss of 1.23%. Elsewhere, the Dow saw a downswing of 1.36%, while the tech-heavy Nasdaq depreciated by 1.4%.The package delivery service's shares have seen a decrease of 0.18% over the last month, not keeping up with the Transportation sector's gain of 1.27% and the S&P 500's gain of 1.61%.The upcoming earnings release of United Parcel Service will ...

Management's guidance on the recent Investor Day presentation raised almost as many questions as it provided answers.The 4.4% dividend yield at UPS (UPS 1.04%) and the three-year outlook given on the recent Investor & Analyst Day make the stock look extremely attractive, but is it enough to warrant an investment in a company that has faced challenges in the past year? Moreover, there are some question marks around its guidance.UPS guidance raises questionsThere are three interrelated factors to consider:UPS ...

In addition to bringing packages to customers' front doors this week, United Parcel Service (UPS 0.88%) delivered a business update to the market, including financial targets for the next three years. Investors, however, didn't take kindly to the news. Shares of UPS fell more than 8% on the day of the update from where they closed the day before. Wall Street is also unimpressed. Three analysts, in fact, slashed their price targets on UPS stock on Thursday.But just because analysts have taken a bearish stanc ...

United Parcel Service's (UPS 0.88%) stock price fell over 8% on March 26 as the market reacted negatively to the company's 2024 Investor and Analyst Day.The market didn't seem to be paying much attention to the part of the presentation that focused on how UPS embraces artificial intelligence (AI), automation, and machine learning to drive margin growth. It glossed over the report that UPS' Velocity facility in Kentucky has over 700 robots and can process over 350,000 packages per day. It didn't seem impress ...

United Parcel Service (UPS 0.88%) has plans to emerge from its current funk, but the stock has been under pressure due to negative growth and an uncertain timeline for its turnaround.The package delivery giant gave a presentation to analysts on March 26, which included detailed insight into its three-year plan for reaching record revenue and high margins by 2026. But the stock fell over 8% in response to the news. That's likely because growth is slower than expected, and the plan includes further losses in ...

It's been tough going for United Parcel Service (UPS 0.88%) lately. The stock is down more than 21% over the past year compared to a 31% gain in the S&P 500. Last year was the company's worst in a while and included multiple earnings misses -- a complete flip from the torrid growth rate UPS was on during the worst of the pandemic. To make matters worse, UPS guided for weak 2024 results, causing the stock to sell off heavily in January as a result.The stock had recovered since then, but then management's 202 ...

The latest trading session saw United Parcel Service (UPS) ending at $156.27, denoting a +0.61% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a loss of 0.14% for the day. At the same time, the Dow lost 0.77%, and the tech-heavy Nasdaq gained 0.17%.Shares of the package delivery service have appreciated by 3.73% over the course of the past month, outperforming the Transportation sector's gain of 2.91% and lagging the S&P 500's gain of 5.34%.Analysts and investors alik ...