Brokerages expect United Parcel Service, Inc. (NYSE:UPS) to report $1.54 earnings per share for the current quarter, according to Zacks Investment Research. Eight analysts have provided estimates for United Parcel Service’s earnings. The highest EPS estimate is $1.60 and the lowest is $1.52. United Parcel Service reported earnings of $1.32 per share during the same quarter last year, which would indicate a positive year over year growth rate of 16.7%. The company is expected to report its next quarterly earnings report on Thursday, April 26th.
On average, analysts expect that United Parcel Service will report full year earnings of $7.26 per share for the current financial year, with EPS estimates ranging from $7.15 to $7.58. For the next year, analysts expect that the business will post earnings of $7.79 per share, with EPS estimates ranging from $7.27 to $7.95. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow United Parcel Service.
United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, February 1st. The transportation company reported $1.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.66 by $0.01. The firm had revenue of $18.83 billion during the quarter, compared to the consensus estimate of $18.20 billion. United Parcel Service had a return on equity of 477.77% and a net margin of 7.45%. The firm’s revenue was up 11.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.63 EPS.
Shares of United Parcel Service (NYSE:UPS) opened at $108.80 on Friday. The company has a debt-to-equity ratio of 19.69, a quick ratio of 1.22 and a current ratio of 1.22. The company has a market capitalization of $93,740.00, a P/E ratio of 20.49, a price-to-earnings-growth ratio of 1.64 and a beta of 1.06. United Parcel Service has a one year low of $102.12 and a one year high of $135.53.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 7th. Shareholders of record on Tuesday, February 20th were given a dividend of $0.91 per share. This is a boost from United Parcel Service’s previous quarterly dividend of $0.83. The ex-dividend date was Friday, February 16th. This represents a $3.64 annualized dividend and a yield of 3.35%. United Parcel Service’s payout ratio is presently 68.55%.
In other United Parcel Service news, SVP Teri P. Mcclure sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $106.80, for a total transaction of $480,600.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.59% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sawyer & Company Inc acquired a new stake in shares of United Parcel Service in the 4th quarter worth approximately $2,779,000. Crossmark Global Holdings Inc. acquired a new stake in shares of United Parcel Service in the 3rd quarter worth approximately $8,978,000. BP PLC grew its holdings in shares of United Parcel Service by 47.3% in the 3rd quarter. BP PLC now owns 81,000 shares of the transportation company’s stock worth $9,726,000 after acquiring an additional 26,000 shares during the period. Investment Centers of America Inc. grew its holdings in shares of United Parcel Service by 93.9% in the 2nd quarter. Investment Centers of America Inc. now owns 36,433 shares of the transportation company’s stock worth $4,034,000 after acquiring an additional 17,642 shares during the period. Finally, Stifel Financial Corp grew its holdings in shares of United Parcel Service by 4.3% in the 3rd quarter. Stifel Financial Corp now owns 604,567 shares of the transportation company’s stock worth $72,523,000 after acquiring an additional 24,867 shares during the period. Institutional investors and hedge funds own 53.53% of the company’s stock.
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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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