Sanford C. Bernstein Forecasts Strong Price Appreciation for United Parcel Service (NYSE:UPS) Stock

United Parcel Service (NYSE:UPS) had its price objective lifted by equities researchers at Sanford C. Bernstein from $130.00 to $133.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has an “outperform” rating on the transportation company’s stock. Sanford C. Bernstein’s target price indicates a potential upside of 14.73% from the stock’s previous close.

A number of other research analysts have also recently commented on UPS. Citizens Jmp initiated coverage on shares of United Parcel Service in a research report on Wednesday, July 15th. They set a “market perform” rating on the stock. Wall Street Zen upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Stephens raised shares of United Parcel Service to a “strong-buy” rating in a research note on Wednesday, July 8th. Weiss Ratings raised shares of United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, July 10th. Finally, UBS Group lowered their price target on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $111.50.

United Parcel Service Price Performance

UPS opened at $115.92 on Tuesday. The stock has a 50-day moving average price of $107.65 and a 200-day moving average price of $106.47. United Parcel Service has a 12-month low of $82.00 and a 12-month high of $122.41. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $98.53 billion, a P/E ratio of 18.76, a PEG ratio of 1.85 and a beta of 1.05.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.02 by $0.05. The firm had revenue of $21.20 billion for the quarter, compared to analyst estimates of $20.99 billion. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The company’s revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.49 EPS. Equities analysts predict that United Parcel Service will post 7.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On United Parcel Service

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of United Parcel Service by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 68,496,420 shares of the transportation company’s stock worth $6,794,160,000 after acquiring an additional 1,218,432 shares during the period. State Street Corp lifted its stake in shares of United Parcel Service by 3.3% in the 4th quarter. State Street Corp now owns 32,092,627 shares of the transportation company’s stock valued at $3,183,268,000 after purchasing an additional 1,029,377 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of United Parcel Service by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 27,142,759 shares of the transportation company’s stock valued at $2,692,290,000 after purchasing an additional 856,125 shares during the period. Geode Capital Management LLC boosted its position in shares of United Parcel Service by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 17,154,091 shares of the transportation company’s stock valued at $1,703,291,000 after purchasing an additional 240,253 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in shares of United Parcel Service by 72.9% during the fourth quarter. Victory Capital Management Inc. now owns 13,818,314 shares of the transportation company’s stock valued at $1,370,639,000 after purchasing an additional 5,826,824 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

United Parcel Service News Summary

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: Sanford C. Bernstein raised its price target on UPS to $133 from $130 and kept an outperform rating, signaling confidence in further upside from current levels. Benzinga report on price target increase
• Positive Sentiment: Analysts and Zacks previews highlight the possibility of an earnings beat, supported by lower volumes, higher per-piece revenue, and ongoing cost cuts that could help margins in the upcoming quarter. Zacks earnings preview
• Positive Sentiment: UPS was included in a Zacks industry outlook saying shareholder-friendly moves and cost-cutting actions are supporting the air-freight and cargo space, which could benefit the company if industry conditions improve. Zacks industry outlook
• Neutral Sentiment: Market commentary noted UPS underperformed peers on Monday, reflecting broader caution in the sector ahead of earnings rather than a company-specific setback. MarketWatch peer comparison
• Neutral Sentiment: UPS shares have also been reacting to pre-earnings expectations and trading volatility, with investors waiting for updated guidance rather than a major new operational surprise. Yahoo Finance earnings expectations

United Parcel Service Company Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.