United Parcel Service (NYSE:UPS) Stock Rating Reaffirmed by Robert W. Baird

United Parcel Service (NYSE:UPS)‘s stock had its “hold” rating reaffirmed by stock analysts at Robert W. Baird in a research report issued on Tuesday, January 9th. They presently have a $130.00 price target on the transportation company’s stock. Robert W. Baird’s price target suggests a potential upside of 11.62% from the stock’s current price.

Several other research analysts also recently weighed in on UPS. Oppenheimer restated a “buy” rating and issued a $123.00 target price (up from $116.00) on shares of United Parcel Service in a research note on Wednesday, September 20th. Cowen restated a “hold” rating on shares of United Parcel Service in a research note on Tuesday, September 26th. Zacks Investment Research downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. Bank of America restated a “neutral” rating and issued a $124.00 target price (up from $117.00) on shares of United Parcel Service in a research note on Friday, October 6th. Finally, Credit Suisse Group reiterated a “hold” rating and set a $116.00 price objective (up from $108.00) on shares of United Parcel Service in a research note on Thursday, October 12th. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. United Parcel Service currently has an average rating of “Hold” and a consensus price target of $126.14.

Shares of United Parcel Service (UPS) opened at $116.47 on Tuesday. United Parcel Service has a 52-week low of $102.12 and a 52-week high of $135.53. The stock has a market cap of $100,370.00, a price-to-earnings ratio of 20.76, a PEG ratio of 1.79 and a beta of 0.91. The company has a quick ratio of 1.06, a current ratio of 1.22 and a debt-to-equity ratio of 19.69.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Thursday, February 1st. The transportation company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.01. United Parcel Service had a net margin of 7.45% and a return on equity of 477.77%. The company had revenue of $18.83 billion during the quarter, compared to analyst estimates of $18.20 billion. During the same quarter in the prior year, the business earned $1.63 earnings per share. The business’s quarterly revenue was up 11.2% compared to the same quarter last year. research analysts forecast that United Parcel Service will post 7.22 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in UPS. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of United Parcel Service during the 3rd quarter valued at about $120,000. First PREMIER Bank boosted its position in shares of United Parcel Service by 5.0% during the 2nd quarter. First PREMIER Bank now owns 1,047 shares of the transportation company’s stock valued at $116,000 after purchasing an additional 50 shares in the last quarter. Resources Investment Advisors Inc. boosted its position in shares of United Parcel Service by 51.2% during the 4th quarter. Resources Investment Advisors Inc. now owns 1,235 shares of the transportation company’s stock valued at $147,000 after purchasing an additional 418 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of United Parcel Service by 14.1% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,240 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 153 shares in the last quarter. Finally, Winslow Evans & Crocker Inc. boosted its position in shares of United Parcel Service by 261.3% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,243 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 899 shares in the last quarter. 53.56% of the stock is currently owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for United Parcel Service (NYSE:UPS)

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