![]() Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.īe sure to follow all of these stock-moving metrics, and many more, on. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. This group has a Zacks Industry Rank of 35, putting it in the top 14% of all 250+ industries. The Transportation - Air Freight and Cargo industry is part of the Transportation sector. Transportation - Air Freight and Cargo stocks are, on average, holding a PEG ratio of 1.33 based on yesterday's closing prices. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. It is also worth noting that UPS currently has a PEG ratio of 1.71. This represents a premium compared to its industry's average Forward P/E of 13.94. Investors should also note United Parcel Service's current valuation metrics, including its Forward P/E ratio of 15.18. United Parcel Service is holding a Zacks Rank of #3 (Hold) right now. Over the past month, the Zacks Consensus EPS estimate has moved 0.31% higher. At the same time, the Dow lost 0.88, and the tech-heavy Nasdaq lost 0.19. This change was narrower than the S&P 500s daily loss of 0.78. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. United Parcel Service (UPS) closed the most recent trading day at 194.51, moving -0.28 from the previous trading session. This model considers these estimate changes and provides a simple, actionable rating system. Investors can capitalize on this by using the Zacks Rank. Our research shows that these estimate changes are directly correlated with near-term stock prices. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Recent revisions tend to reflect the latest near-term business trends. Its remaining businesses include Supply Chain Solutions, which consists of its forwarding, truckload brokerage, logistics and distribution, and other businesses.For the full year, our Zacks Consensus Estimates are projecting earnings of $12.85 per share and revenue of $101.67 billion, which would represent changes of +5.94% and +4.5%, respectively, from the prior year.Īny recent changes to analyst estimates for United Parcel Service should also be noted by investors. The International Package segment consists of its small package operations in Europe, Asia Pacific, Canada, Latin America and Indian sub-continent, Middle East and Africa (ISMEA). Domestic Package segment offers small package delivery services in the United States and offers a spectrum of United States domestic guaranteed air and ground package transportation services. Its global small package operations provide delivery services for express letters, documents, packages and palletized freight via air and ground services. This makes United Parcel Service the worlds 62th most valuable company by. Domestic Package and International Package are together referred to as its global small package operations. As of October 2022 United Parcel Service has a market cap of 144.45 Billion. Domestic Package and International Package. United Parcel Service Stock (NYSE:UPS), Quotes and News Summary Day Range163.73 - 166.12 52 Wk Range154.87 - 233.72 Open / Close164.23 / 164.72 Float /. is a package delivery company and a provider of global supply chain management solutions. September 1, 2022, 2:45 PM 3 min read In the latest trading session, United Parcel Service (UPS) closed at 196.61, marking a +1.08 move from the previous day.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |