UPS(US:UPS) ZACKSยท2024-06-20 23:21Company Overview - United Parcel Service (UPS) stock closed at $136.87, reflecting a +1.99% change from the previous day, outperforming the S&P 500's daily loss of 0.25% [1] - Over the past month, UPS stock has decreased by 6.66%, underperforming the Transportation sector's loss of 4.81% and the S&P 500's gain of 3.59% [1] Earnings Forecast - The upcoming earnings release is anticipated, with an expected EPS of $2, indicating a 21.26% decline compared to the same quarter last year [1] - Quarterly revenue is projected at $22.37 billion, representing a 1.42% increase from the previous year [1] - For the full year, earnings are estimated at $8.22 per share and revenue at $93.05 billion, reflecting changes of -6.38% and +2.3% respectively from the prior year [2] Analyst Estimates and Valuation - Recent adjustments to analyst estimates for UPS may indicate shifting business dynamics, with positive revisions suggesting analyst optimism [2] - UPS currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [3] - The Forward P/E ratio for UPS is 16.32, which is a discount compared to the industry average of 16.66 [3] - UPS has a PEG ratio of 1.7, compared to the industry average PEG ratio of 1.42 [3] Industry Context - The Transportation - Air Freight and Cargo industry is ranked 97 in the Zacks Industry Rank, placing it in the top 39% of over 250 industries [4] - The top 50% rated industries tend to outperform the bottom half by a factor of 2 to 1 [4]