United Parcel Service (NYSE:UPS)‘s stock had its “hold” rating reaffirmed by equities researchers at Robert W. Baird in a research report issued to clients and investors on Tuesday. They presently have a $130.00 target price on the transportation company’s stock. Robert W. Baird’s price objective suggests a potential upside of 0.64% from the company’s previous close.

A number of other analysts have also commented on UPS. Oppenheimer restated a “buy” rating and issued a $123.00 price target (up from $116.00) on shares of United Parcel Service in a report on Wednesday, September 20th. Cowen restated a “hold” rating on shares of United Parcel Service in a report on Tuesday, September 26th. Zacks Investment Research lowered United Parcel Service from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. Bank of America restated a “neutral” rating and issued a $124.00 price target (up from $117.00) on shares of United Parcel Service in a report on Friday, October 6th. Finally, Credit Suisse Group restated a “hold” rating and issued a $116.00 price target (up from $108.00) on shares of United Parcel Service in a report on Thursday, October 12th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $123.09.

United Parcel Service (NYSE UPS) opened at $129.17 on Tuesday. United Parcel Service has a 52 week low of $102.12 and a 52 week high of $129.52. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33. The stock has a market capitalization of $111,310.00, a PE ratio of 31.74, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92.

United Parcel Service (NYSE:UPS) last posted its earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.45. The firm had revenue of $15.98 billion during the quarter, compared to analysts’ expectations of $15.62 billion. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The company’s revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.44 earnings per share. equities research analysts predict that United Parcel Service will post 6 EPS for the current year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Abner Herrman & Brock LLC raised its holdings in United Parcel Service by 25.0% during the fourth quarter. Abner Herrman & Brock LLC now owns 2,734 shares of the transportation company’s stock worth $326,000 after acquiring an additional 546 shares in the last quarter. QUANTRES ASSET MANAGEMENT Ltd bought a new stake in United Parcel Service during the fourth quarter worth about $2,133,000. Lynch & Associates IN raised its holdings in United Parcel Service by 2.4% during the fourth quarter. Lynch & Associates IN now owns 54,275 shares of the transportation company’s stock worth $6,467,000 after acquiring an additional 1,260 shares in the last quarter. Fulton Bank N.A. raised its holdings in United Parcel Service by 27.0% during the fourth quarter. Fulton Bank N.A. now owns 15,336 shares of the transportation company’s stock worth $1,827,000 after acquiring an additional 3,260 shares in the last quarter. Finally, Prudential Financial Inc. raised its holdings in United Parcel Service by 6.5% during the third quarter. Prudential Financial Inc. now owns 1,118,348 shares of the transportation company’s stock worth $134,302,000 after acquiring an additional 67,820 shares in the last quarter. Institutional investors and hedge funds own 53.49% of the company’s stock.

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United Parcel Service Company Profile

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.

Analyst Recommendations for United Parcel Service (NYSE:UPS)

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