![]() These returns cover a period from Januthrough January 2, 2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. 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 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. UPS's industry had an average PEG ratio of 1.19 as of yesterday's close. 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. This valuation marks a premium compared to its industry's average Forward P/E of 11.66.Īlso, we should mention that UPS has a PEG ratio of 1.55. Investors should also note United Parcel Service's current valuation metrics, including its Forward P/E ratio of 13.76. United Parcel Service is currently a Zacks Rank #3 (Hold). The Zacks Consensus EPS estimate has moved 0.01% lower within the past month. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Our system takes these estimate changes into account and delivers a clear, actionable rating model. ![]() We developed the Zacks Rank to capitalize on this phenomenon. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. These revisions help to show the ever-changing nature of near-term business trends. Meanwhile, our latest consensus estimate is calling for revenue of $24.39 billion, up 5.19% from the prior-year quarter.įor 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. This would mark year-over-year growth of 5.54%. In that report, analysts expect United Parcel Service to post earnings of $2.86 per share. United Parcel Service will be looking to display strength as it nears its next earnings release, which is expected to be October 25, 2022. This has lagged the Transportation sector's loss of 12.78% and the S&P 500's loss of 9.94% in that time. Prior to today's trading, shares of the package delivery service had lost 15.22% over the past month. Elsewhere, the Dow gained 0.64%, while the tech-heavy Nasdaq lost 0.2%. The stock outpaced the S&P 500's daily gain of 0.69%. United Parcel Service ( UPS Quick Quote UPS - Free Report) closed at $180.03 in the latest trading session, marking a +1.88% move from the prior day.
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