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United Parcel Service, Inc. Message Board

  • dudesbag dudesbag Mar 5, 2013 12:00 PM Flag

    UPS is doing great....

    We all know that but FDX is exploding. Those who visit Yahoo finance know that on the summary page they list the consensus of analyst's 1-year targets. With UPS sitting at around $84.30 within $.40 or so of its 52-week high,it is fast approaching the analyst consensus $89.90. However, FDX is now around $108.50 and has busted thru its 52-weeker. It is on the doorstep of the consensus $110.52.

    Clearly, the record setting ascent of the Dow and S&P have much to do with this movement. What's compelling is that neither company had particularly rosy earnings report or even going forward advice when reporting their last quarters. Reports of spending going down, the impacts of the sequester coming soon, the continued uncertainty globally and other headwinds seem to have been ignored when it comes to these 2 companies. Well, FDX reports on March 20th and we'll see a real flavor of what's coming then. they do have the advantage of giving some updates on their $1.7B cost savings initiative so that will give them some juice. If UPS could mention some real positive Teamster negotiation news and a significant cost savings plan of our own during our April earnings CC, we might actually see shares in the $90's.

    Sentiment: Buy

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