Brokerages forecast that United Parcel Service, Inc. (NYSE:UPS) will post $1.54 earnings per share for the current quarter, according to Zacks. Eight analysts have made estimates for United Parcel Service’s earnings, with the lowest EPS estimate coming in at $1.52 and the highest estimate coming in at $1.60. United Parcel Service reported earnings of $1.32 per share in the same quarter last year, which would indicate a positive year over year growth rate of 16.7%. The company is expected to issue its next earnings results on Thursday, April 26th.
According to Zacks, analysts expect that United Parcel Service will report full-year earnings of $7.23 per share for the current year, with EPS estimates ranging from $7.15 to $7.30. For the next financial year, analysts expect that the firm will post earnings of $7.80 per share, with EPS estimates ranging from $7.27 to $7.95. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for United Parcel Service.
United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Thursday, February 1st. The transportation company reported $1.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.66 by $0.01. United Parcel Service had a return on equity of 477.77% and a net margin of 7.45%. The firm had revenue of $18.83 billion for the quarter, compared to analysts’ expectations of $18.20 billion. During the same quarter in the prior year, the firm posted $1.63 earnings per share. United Parcel Service’s revenue for the quarter was up 11.2% compared to the same quarter last year.
In other news, SVP Teri P. Mcclure sold 4,500 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $106.80, for a total value of $480,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.59% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wagner Wealth Management LLC purchased a new stake in shares of United Parcel Service in the fourth quarter valued at $115,000. Focused Wealth Management Inc purchased a new stake in shares of United Parcel Service during the fourth quarter worth $106,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of United Parcel Service during the third quarter worth $120,000. Resources Investment Advisors Inc. raised its holdings in shares of United Parcel Service by 51.2% during the fourth quarter. Resources Investment Advisors Inc. now owns 1,235 shares of the transportation company’s stock worth $147,000 after acquiring an additional 418 shares in the last quarter. Finally, Epstein & White Financial LLC purchased a new stake in shares of United Parcel Service during the fourth quarter worth $228,000. Institutional investors own 54.10% of the company’s stock.
Shares of United Parcel Service (UPS) traded down $0.54 during trading on Friday, hitting $109.85. The stock had a trading volume of 560,240 shares, compared to its average volume of 6,320,000. The company has a debt-to-equity ratio of 19.69, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market cap of $94,650.00, a PE ratio of 20.69, a price-to-earnings-growth ratio of 1.65 and a beta of 1.06. United Parcel Service has a fifty-two week low of $102.12 and a fifty-two week high of $135.53.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 7th. Stockholders of record on Tuesday, February 20th were paid a dividend of $0.91 per share. The ex-dividend date was Friday, February 16th. This is a positive change from United Parcel Service’s previous quarterly dividend of $0.83. This represents a $3.64 annualized dividend and a dividend yield of 3.31%. United Parcel Service’s dividend payout ratio (DPR) is currently 68.55%.
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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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