|Bid||110.87 x 800|
|Ask||110.88 x 1100|
|Day's Range||110.17 - 111.75|
|52 Week Range||89.89 - 125.09|
|Beta (3Y Monthly)||1.39|
|PE Ratio (TTM)||20.10|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||3.64 (3.26%)|
|1y Target Est||117.04|
Parcel Pro, a UPS Capital company, today announced a partnership with Manufacturing Jewelers & Suppliers of America (MJSA) that provides MJSA Premier Members access to innovative technology and insured shipping at a time when the industry is experiencing rapid e-commerce growth. Online sales of luxury goods continue to flourish with growth of 24% in 20171.
UPS Hikes Its DividendUPS raised the dividend rate United Parcel Service (UPS) continued its policy of enhancing shareholders’ wealth. On February 15, the company announced that it raised its quarterly dividend rate 5.5% to $0.96 from $0.91 paid
The retailer earned an adjusted $1.41 per share for the fourth quarter, beating estimates by 8 cents a share. Revenue also beat Wall Street forecasts. U.S. comparable-store sales rose 4.2 percent, topping the Refinitiv consensus of a 3.2 percent increase.
Benzinga featured looks at many investor favorite stocks over the past week. Bullish calls included an old-school tech giant and an EV leader. Bearish calls included a couple of consumer goods producers. ...
FedEx Plunges 2.5% after President and COO Bronczek ResignsPresident and COO resigns Shares of FedEx (FDX) fell 2.5% on February 15 after the company revealed in an SEC (Securities and Exchange Commission) filing that its president and COO, David
United Parcel Service Inc. said late Friday its board of directors increased the logistics company's quarterly dividend by 5.5% to $96 cents a share. The dividend is payable March 12 to shareholders of record on Feb. 26. UPS has either increased or maintained its dividend for nearly 50 years, the company said in a statement. Shares of UPS were flat in the extended session Friday after ending the regular trading day down 0.8%.
Atlanta, Feb. 15, 2019 -- The UPS (NYSE: UPS) Board of Directors today increased its regularly quarterly dividend by 5.5% to $0.96 per share on all outstanding Class A and.
Shares of FedEx Corp. sank 3.0% and United Parcel Service Inc. shed 1.3% in midday trade Friday, bucking the gains seen in the broader market, after fellow transportation company XPO Logisitics Inc. said its largest customer is curtailing about two-thirds of its postal injection business. XPO declined to comment on who the customer was, but J.P. Morgan analyst Brian Ossenbeck said the loss of business is likely Amazon.com Inc. taking capacity in-house. Ossenbeck said he could see FedEx and UPS shares "react negatively on the implication that Amazon is reducing third party transportation exposure." The shares were the biggest decliners in the Dow Jones Transportation Average , which rose 0.3%, compared with the Dow Jones Industrial Average's 350-point, or 1.4% gain. Meanwhile, XPO's stock tumbled 16%.
The backing from Amazon will bolster Michigan-based Rivian’s plans to bring an electric truck to market in late 2020. Rivian remains in talks with General Motors Co. about the largest U.S. automaker making an investment or collaborating another way, people familiar with the matter said. Chief Executive Officer R.J. Scaringe said in his first interview since reports of Rivian’s talks with Amazon and GM surfaced earlier this week that he was seeking companies that could help the electric-vehicle maker grow.
As the shock begins to wear off following Monday's announcement of the impending demise of regional less-than-truckload (LTL) carrier New England Motor Freight, Inc., (NEMF), LTL carriers serving the country's most densely populated regions have begun to adjust to life without it. There is no shortage of carriers in the Northeast and Mid-Atlantic that NEMF called home for nearly 42 years. At this time, one would be hard-pressed to find a carrier not being inundated with phone calls and e-mails from NEMF customers blindsided by the stunning disclosure that the carrier and 10 related entities would file for bankruptcy and wind down the business.
PwC has said this is a roughly $5 trillion annual market, which fits with Amazon’s love of attacking massive pools of spending. There have been developments in recent weeks that might be random data points or hints of Amazon’s master plan in transportation and logistics, if it has one. Amazon and General Motors Co. are discussing an investment in an electric truck company. Amazon was among a group of recent investors in autonomous vehicle startup Aurora Innovation Inc. Last month, Amazon said it would test package deliveries by small robots in a Seattle-area neighborhood.
Airbus to Scrap A380 Production as Customers Cut Back OrdersAirbus to scrap A380 productionEuropean aviation giant Airbus has decided to stop manufacturing the double-decker A380 aircraft in 2021, as it has struggled to book more orders for the
Jeff Leonard slides behind the wheel of his burgundy Honda Accord and heads to a nearby Walmart Inc store, where he picks up the package of groceries waiting for him. It is one of nearly 100 such Walmart deliveries for Leonard since July, when he first signed up to courier for the world's largest retailer. Leonard is one of hundreds of local independent drivers for DoorDash, the San Francisco-based online delivery service that Walmart uses to handle same-day delivery of groceries to shoppers' homes outside of Atlanta.
A recent meeting with United Parcel Service, Inc. (NYSE: UPS ) management inspired increased one firm's confidence in the company’s performance in 2019 and in multi-year EPS growth. The Analyst UBS analyst ...
United Parcel Service Inc. says it will ship 89 million flowers for the holiday this year. UPS transports them through the Miami International Airport to their recipients in less than two days. U.S. Customs and Border Protection agents inspect and sort the boxes for fast clearance before flower distributors pick them up and get them to delivery. According to the National Retail Federation, U.S. consumers are expected to spend a record $20.7 billion for Valentine’s Day this year, up from $19.6 billion a year ago.
Following the impressive performance of transports in Q4 and the subsequent dividend hikes, we believe stocks in the space should grace one's portfolio.
The projection, an increase of one million from the number of flowers delivered in 2018, means about nine million pounds of blooms will crisscross the globe in time for Cupid’s big day. To ensure these precious flowers arrive at peak freshness, UPS shepherds the shipments from colorful growing fields in Latin America through the Miami International Airport, where UPS is one of the largest air cargo carriers, to final recipients in less than two days.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! David Abney became the CEO of UnitedRead More...
NEW YORK, Feb. 11, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Teamsters 2727 members have voted to ratify a new contract with United Parcel Service Inc. This union represents about 1,400 aircraft mechanics and related employees. The union said it makes UPS Air Cargo mechanics the highest-paid air cargo mechanics in the country by a wide margin. “We knew if we stuck together and stayed committed to protecting the pay and benefits we’ve earned over decades of hard work, we’d do what many thought was impossible and win big for our families, the future of our company and our customers,” Teamsters Local 2727 President Tim Boyle said in a news release.
United Parcel Service Inc NYSE:UPSView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for UPS with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting UPS. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding UPS totaled $16.34 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. UPS credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.