United Parcel Service (UPS) to Release Earnings on Thursday

United Parcel Service (NYSE:UPS) is projected to release its earnings data before the market opens on Thursday, January 30th. Analysts expect United Parcel Service to post earnings of $2.52 per share and revenue of $25.42 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

United Parcel Service Price Performance

NYSE:UPS opened at $135.46 on Wednesday. United Parcel Service has a 12-month low of $121.56 and a 12-month high of $158.95. The firm has a market cap of $115.59 billion, a price-to-earnings ratio of 20.46, a price-to-earnings-growth ratio of 1.86 and a beta of 1.00. The company’s 50-day moving average is $128.97 and its two-hundred day moving average is $130.75. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.20.

United Parcel Service Announces Dividend

The company also recently disclosed 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 dividend yield of 4.81%. The ex-dividend date was Monday, November 18th. United Parcel Service’s payout ratio is 98.49%.

Insider Activity

In other news, insider Norman M. Brothers, Jr. sold 7,325 shares of United Parcel Service stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $138.57, for a total transaction of $1,015,025.25. Following the sale, the insider now directly owns 45,098 shares of the company’s stock, valued at approximately $6,249,229.86. The trade was a 13.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. BMO Capital Markets raised United Parcel Service from a “market perform” rating to an “outperform” rating and reduced their price target for the stock from $155.00 to $150.00 in a research note on Tuesday, December 10th. Citigroup decreased their price target on United Parcel Service from $163.00 to $158.00 and set a “buy” rating on the stock in a research note on Tuesday, November 12th. UBS Group upped their price objective on shares of United Parcel Service from $159.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Oppenheimer raised their target price on shares of United Parcel Service from $140.00 to $146.00 and gave the stock an “outperform” rating in a research report on Monday, October 28th. Finally, Bank of America raised shares of United Parcel Service from a “neutral” rating to a “buy” rating and set a $150.00 price target for the company in a research report on Thursday, January 16th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $151.24.

About United Parcel Service

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.