Over the recent years. it seems that we have never had a dynamic, high profile CEO. I think it's fair to say that Abney is anything but. I wonder whether a person like Jim Barber would be more media savvy and, by extension, have a greater impact on share price. It sure seems to be the play book at FDX. Thoughts?
nine days until DIVIDEND YEA
Borrowed $1.13B and cash FELL $790M!
Yikes! This probably has something to do with it;
"United Parcel generated free cash flow of $693 million and spent $938 million as capital expenditure in the reported quarter. Moreover, United Parcel paid approximately $774 million as dividend to shareholders in the first quarter of 2017. Additionally, it bought back 4.2 million shares for $450 million."
Spending more than is coming in!
near our 52 week low .. when are we gonna catch a break ..
Barchart Technical Opinion STRONG SELL The Barchart Technical Opinion rating is a 80% Sell with a Strengthening short term outlook on maintaining the current direction.
80 % sell might mean a lower share price.
Harry Boxer has posted his Charts of the Day video on UPS at TheTechTrader site noting: United Parcel Service, Inc. (UPS) had a big break, and over the last two or three months it has been consolidating. It made three efforts to get through 109.00, failed, and finally rolled over. On Wednesday, it was down another 1.63, or 1.56%, to 102.87, on 3 million shares traded. The neckline alone calls for a move down to 94.00.
Where is the bottom for UPS now?
Can someone just put Trump on a UPS truck and send him to Siberia???
What has the DONALD done to the economy? hopefully it's tempoary
United Parcel Service NYSE $UPS Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is -0.7 In other words, the correlation coefficient of the other stocks
Per David Abney talking to Morgan Brennan on CNBC this morning, the UPS tax rate is right about 35%. So any change in the corporate rate, be it lowered to 25%, 20% or the hard to fathom 15%, would be a great tailwind for UPS earnings. I wonder how many other firms pay such a high rate. a ate o
Seems like a lot more press releases since the May meeting. Is UPS going into a pump and dump phase? In the 90s we were a quiet monopoly until the strike of 97 when people found out UPS had over 80% of the countries small package business.
Who's this CEO trying to kid?
UPS has been after overseas business for DECADES now. They went public for cash to invest abroad. Just because they are losing business in the US is no reason to fool people into thinking that they are just now focusing on foreign business.
I see the usual basement whiners and union progs on this site- That's good news. Price was down today, ex-div on the 11th, >3% yield, increased yearly for decades, 'A' financial rating. High debt to cap, but it's a cap intensive biz. I'm buying tomorrow the 10th, if the price doesn't jump up too much. Will buy 50% of a full position.
Let's short this pig tomorrow. Set a cover short at $104.75
Is anyone a bit unnerved by the "Funding Notice for the UPS Retirement Plan" letter just issued? Seems we're at about an 82% funding level- down from 90.5% last year. 2014 was over 87%. I suspect that might mean fewer share buybacks and more contribution to pension/retirement programs? Secondly, why does UPS always seem to have negative publicity from its air operations support or pilots? FDX seems to skirt this tough publicity. Are pay scales similar?
Wow- a beat along with confirming going forward results in a tough open. Didn't listen to the earnings call but it couldn't have been received too well. What were the issues- pension expense, margin compression, free cash flow?? Anybody?
So, what's the issue with the "know it all's" now??? Great report, 2+ Billion dollar contract with the Government. and someone decides to go negative on his conference call this morning. It never fails to happen. Explanation, anyone?
good top line growth, esp. in freight and supply chain. a little disappointed on their earnings growth, in light of top line growth. hopefully their investments will pay off further down the road. And a cut in corporate taxes will help ...
Guesses on Tomorrow? I go $1.30 and $15.19B. Consensus is $1.29 and $15.17. UPS beat in Q1 2016 by $.05. The last 3 quarters have been equal, equal and miss by $.06. Seems the average SP target is around $113. Hold on to your tickets....