United Parcel Service (UPS) Expected to Announce Earnings on Thursday

United Parcel Service (NYSE:UPS) is expected to be posting its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $2.52 per share and revenue of $25.42 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

United Parcel Service Stock Down 0.6 %

Shares of UPS opened at $135.46 on Wednesday. The company’s 50-day simple moving average is $128.97 and its 200-day simple moving average is $130.75. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.14 and a current ratio of 1.14. United Parcel Service has a 1 year low of $121.56 and a 1 year high of $158.95. The stock has a market capitalization of $115.59 billion, a PE ratio of 20.46, a P/E/G ratio of 1.86 and a beta of 1.00.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 4.81%. The ex-dividend date was Monday, November 18th. United Parcel Service’s payout ratio is currently 98.49%.

Insider Activity

In related news, insider Norman M. Brothers, Jr. sold 7,325 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $138.57, for a total value of $1,015,025.25. Following the sale, the insider now directly owns 45,098 shares in the company, valued at $6,249,229.86. The trade was a 13.97 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on UPS shares. Oppenheimer upped their price objective on United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. UBS Group raised their target price on shares of United Parcel Service from $159.00 to $170.00 and gave the company a “buy” rating in a report on Friday, October 25th. Evercore ISI raised their price objective on shares of United Parcel Service from $141.00 to $147.00 and gave the company an “in-line” rating in a report on Wednesday, January 22nd. JPMorgan Chase & Co. increased their target price on United Parcel Service from $134.00 to $135.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Finally, Stifel Nicolaus decreased their price target on United Parcel Service from $156.00 to $153.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, United Parcel Service presently has an average rating of “Moderate Buy” and an average target price of $151.24.

United Parcel Service Company Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.