|Bid||184.71 x 1000|
|Ask||184.74 x 1000|
|Day's Range||183.39 - 186.50|
|52 Week Range||150.94 - 266.67|
|Beta (3Y Monthly)||1.71|
|PE Ratio (TTM)||13.60|
|Earnings Date||Jun 25, 2019|
|Forward Dividend & Yield||2.60 (1.43%)|
|1y Target Est||208.88|
Shares of the shipping company fell on Friday, following a bearish note from UBS that warned about continuing risks in the industry.
Investigate the different business models and strategies for UPS and FedEx, two companies that seemingly compete for the same delivery business.
UBS downgrades FedEx to sell from neutral, saying the slowing international economy is weighing on the logistics company and will result in several quarters of limited growth.
The sure-to-be fateful comment earlier this week from Tesla CEO Musk that anyone who owns a car other than a Tesla in three years "will be like owning a horse," was tested in the span of 72 hours. Ford shares soared post-market Thursday (currently up 8 percent in the pre-market), rising to levels not seen since August after beating analyst estimates for both earnings and revenue -- this, after a strategy shift in recent months that involved focusing more heavily on SUVs. Uber just set its price range for the offering and Bloomberg reports estimate the valuation above the prior funding round, and that which is double the value of the electric carmaker.
Among the numbers embedded in the UPS (NYSE: UPS) first quarter financial report card released on Thursday was one that got the attention of some industry observers – domestic air shipments rose, year-over-year, by 8 percent, a significant increase. On an annualized basis, UPS' domestic air volumes haven't risen all that much in recent years. For most of the 21st century, industry-wide domestic air growth has been moribund as shippers eschewed high-priced delivery services in favor of less-expensive ground transport.
UPS Slides ~6% as Q1 Earnings and Revenue Miss Estimates(Continued from Prior Part)Full-year outlookAlongside its release of its first-quarter earnings results, United Parcel Service (UPS) has updated its guidance for 2019. Despite sluggish revenue
Investing.com – Wall Street closed mixed on Thursday as tech stocks racked up gains, led by Facebook and Microsoft, but industrial stocks were hit by a slump in 3M.
UPS Slides ~6% as Q1 Earnings and Revenue Miss EstimatesUPS misses expectations Shares of United Parcel Service (UPS) opened ~6% lower today after the company announced its first-quarter earnings results, which fell short of analysts’
UPS earnings fell more than expected in Q1, with revenue flat. UPS stock fell before the open while archrival FedEx edged higher.
President Donald Trump’s trade policies, along with Amazon’s own shipping efforts, have hurt the logistics industry, but UPS has mostly kept up with the market.
While gurus hold positions in these companies, the share price and returns continue to fall. The share price of $63 is 20.93% below its 52-week high and 4.36% above its 52-week low. The return on equity of 25.50% and return on assets of 8.29% are outperforming 79% of companies in the Drug Manufacturers - Major industry.
Why Analysts Expect United Parcel Service's Q1 Earnings to Fall(Continued from Prior Part)Analysts’ recommendations Analysts polled by Reuters have given United Parcel Service (UPS) a consensus rating of ~2.56 and a “hold” recommendation.
In March 2018, FedEx’s top officials and then-Gov. Bill Haslam stood on a FedEx runway and announced the company’s planned $1 billion investment at the Memphis World Hub.
Why Analysts Expect United Parcel Service's Q1 Earnings to FallEarnings likely to fallUnited Parcel Service (UPS) is scheduled to report its first-quarter earnings results on April 25. The delivery giant has an impressive record of beating earnings
Dalio’s Bridgewater Warns about Peak Margins—Should You Care?(Continued from Prior Part)Bridgewater and Goldman Sachs Bridgewater isn’t alone in believing that most US companies (QQQ) are experiencing peak margins. Goldman Sachs (GS) also
Today, FedEx employees have learned who will leave as part of the company's voluntary buyout. The Memphis-based shipping and logistics giant announced cost-reduction actions — which included a voluntary buyout program for eligible U.S.-based employees — during its second quarter 2019 earnings call, held in December 2018. When asked about the buyouts on Monday, a spokesperson for FedEx simply told the Memphis Business Journal the company didn’t have anything additional to share. FedEx has not released any information regarding the number of employees leaving.
The Latham-based fuel cell manufacturer is teaming up with Charlatte America to supply fuel cell-powered electric cargo tuggers for use by FedEx at the Albany International Airport.
After FedEx Corporation's (NYSE:FDX) earnings announcement in February 2019, analyst consensus outlook appear cautiously subdued, with profits predicted to rise by 11% next year...
The much-anticipated redevelopment of Downtown's Gibson Guitar factory into FedEx Logistics' headquarters is getting started.
Dalio’s Bridgewater Warns about Peak Margins—Should You Care?(Continued from Prior Part)A turning point for corporate margins? In its research, Bridgewater Associates has presented several arguments to support its view that current US corporate
Ka’Shawn Baldwin, 22, was pulled over on his way to a job interview on Wednesday because he had borrowed a car with expired license plates. Worse, when Cahokia, Ill., Officer Roger Gemoules asked to see his ID, Baldwin’s license was expired. “He was very respectful when I pulled him over and you could just tell — I could feel that he really was wanting to get to this job interview,” said Gemoules, a resource officer for Cahokia High School who was on patrol because the school is closed for spring break this week.
Walgreens partners with customer-experience specialist Narvar to add package pick-up and return service to 8,000 store locations.
MBJ's data shows that an area’s fortunes improve exponentially if it can claim multiple corporate HQs, extending to impacts on home values and rental rates.