UPS - United Parcel Service, Inc.

NYSE - NYSE Delayed Price. Currency in USD
115.37
+0.45 (+0.39%)
At close: 4:04PM EST
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Previous Close114.92
Open115.45
Bid113.63 x 1100
Ask117.11 x 900
Day's Range114.44 - 116.36
52 Week Range92.65 - 125.31
Volume1,743,549
Avg. Volume2,671,312
Market Cap98.967B
Beta (5Y Monthly)1.21
PE Ratio (TTM)20.07
EPS (TTM)5.75
Earnings DateJan 29, 2020
Forward Dividend & Yield3.84 (3.34%)
Ex-Dividend DateNov 14, 2019
1y Target Est126.04
  • Tuition-free college contract renewed by UPS, Louisville Metro government
    American City Business Journals

    Tuition-free college contract renewed by UPS, Louisville Metro government

    Representatives from Louisville Metro Government, United Parcel Service Inc., the University of Louisville and Jefferson Community & Technical College convened at UPS Worldport for the signing of the document.

  • FedEx CEO Sees Vindication Ahead for His Anti-Amazon Strategy
    Bloomberg

    FedEx CEO Sees Vindication Ahead for His Anti-Amazon Strategy

    (Bloomberg) -- FedEx Corp. founder Fred Smith, nearing the end of a legendary career, says he’s going to prove himself right one more time.Best known for disrupting the parcel delivery business by introducing overnight service, Smith is now getting disrupted himself by e-commerce and the rise of online shopping. He’s taking a pounding from Wall Street for FedEx’s disappointing performance, while analysts praise archrival United Parcel Service Inc. for reversing a decline in profit margins.Smith is frustrated, defiant, indignant by turn. But most of all he’s confident — as he asserted more than 20 times during a two-hour interview in which he laid out his strategy to master e-commerce and become the fastest, most cost-efficient ground courier. He’s drawing the battle lines, positioning FedEx as a kind of anti-Amazon ally for big-box retailers and pledging that his strategy will soon enable FedEx to overtake UPS.“I will say to you unequivocally: In the next two or three years, I’m firmly of the belief we will pass UPS in terms of size and be the largest by-revenue transportation and logistics” company, Smith said. UPS reports its 2019 financial results Thursday.The 75-year-old founder and chief executive officer is the first to admit his plans haven’t gone smoothly. FedEx’s international business has been plagued by setbacks, including a 2017 cyber attack and a costly air-fleet expansion that was undercut by Donald Trump’s trade wars. Back home, a falling out with Amazon.com Inc. drained $900 million off the courier’s top line.FedEx investors have paid the price. After the shares of both couriers tumbled in 2018, UPS shares gained 20% last year, while FedEx slumped 6.3%. A string of earnings disappointments have driven down FedEx by 43% in two years. Shares rose less than 1% to $149.14 at 11:06 a.m. Tuesday in New York trading.But Smith is nothing if not battle-hardened. The Yale-educated former Marine has been shot at in the jungles of Vietnam and almost bankrupted his family fortune to create an unprecedented express delivery market. He built FedEx while overcoming the 1970s Arab oil embargo, two Middle East wars that stalled growth, as well as the 2008 economic meltdown.“I’ve been through this before, getting smacked when bad things happened in the middle of building things,” Smith said in an interview late last month. “I mean, this is kind of the story of my life.”As the CEO enters his 47th year at the helm, he’s driven more than ever to get his vision across to investors and bring FedEx back on solid footing before stepping down -- a prospect he’s now contemplating.While acknowledging that the company isn’t making as much money as he’d like, Smith promises by mid-year it will be clear that his plan is working.The two biggest parcel delivery companies in North America are forging dramatically different paths as they adjust their business models to the tsunami of e-commerce. Their success will help decide the market war between Amazon and Walmart Inc., and perhaps the future course of the entire retail industry.While UPS is deepening its ties to Amazon, FedEx has broken away, instead working to strengthen its relationship with brick-and-mortar retailers to help them win at e-commerce. While UPS wants to stay neutral with customers, Smith is banking on an us-against-Amazon mentality.“I have this completely iconoclastic — it’s not a belief, it’s a certainty — they are going to disrupt Amazon,” Smith said of traditional retailers. “We came to this fork in the road that we had to ally with one side or the other. They want to become more adept in the e-commerce space, and we intend to allow them to do that.”Another difference is that UPS is relying more on the U.S. Postal Service, especially for Sunday deliveries, while FedEx is taking back about 2 million packages a day that it had been handing off to the government agency for final delivery. With the increased volume, FedEx can better leverage its more than 600 sorting and delivery facilities around the U.S. to help retailers with shipments from stores to residences.Skeptical analysts like Morgan Stanley’s Ravi Shanker aren’t sure that ramping up volume in short-haul deliveries will produce the kind of returns Smith seeks.“He’s trying to put as many boxes through his network as he possibly can and it’s hard to debate that approach as long as he can demonstrate viable returns and improving profitability,” Shanker said. “I think the jury is going to be out until they actually deliver that.”Crown JewelThe push to catch UPS has come at a cost. Since 1995, FedEx’s capital spending has been 9% of sales on average, compared with less than 6% at UPS, according to data compiled by Bloomberg. In the past decade, FedEx’s average return on invested capital has been 13%, well below its rival’s 24%.FedEx’s ground unit — started two decades ago to counter UPS’s venture into overnight service — has become the crown jewel of Smith’s company. Revenue almost tripled in the last decade, compared with a 75% increase at its Express air cargo business. Profit margins averaged 15% for ground compared with 5.6% for Express. The unit has gained U.S. market share in 19 of the last 20 years, Smith said.A sharpened ground service is a crucial part of FedEx’s strategy in teaming with traditional retailers. To compete on e-commerce, big retailers like Wal-Mart, Target Corp. and Dick’s Sporting Goods Inc. have improved technology to track merchandise, and to pick, pack and ship from local stores.Retailers’ thousands of neighborhood stores, coupled with FedEx’s network of delivery facilities, should provide an edge over Amazon, which has many fewer facilities and must use aircraft to fly in goods not on hand at fulfillment centers.“We already know how to do this,” said Smith, who notes that more than 90% of the U.S. population is within five miles of a FedEx facility. “That’s why we say with such confidence that we can do it and be the low-cost, high-service provider.”The CEO sees FedEx moving beyond its rough patch this year as the swell of spending subsides and growth makes up for the lost Amazon business. FedEx predicts profit margins in its ground unit will rebound into the teens by the quarter ending in May, after they dropped to 9% for the six months through November.Smith’s confidence isn’t shaken by the recent avalanche of criticism, in part because he says analysts and competitors don’t have all the internal data that he has to show why his plan will work.“Take your best shot,” he said of his critics. “We’ll see who wins in the end here.”To contact the author of this story: Thomas Black in Dallas at tblack@bloomberg.netTo contact the editor responsible for this story: Susan Warren at susanwarren@bloomberg.net, Brendan CaseFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • GlobeNewswire

    The UPS Store Offers Entrepreneurs a Chance for Up to $25,000

    For the second year, The UPS Store, Inc. and Inc. Magazine are joining forces to find the country’s most knowledgeable small business owners through an exciting national business competition. Entrepreneurs and innovators from across the country are invited to enter the second annual Small Biz Challenge, a contest that offers eligible entrepreneurs a chance to win up to $25,000 and an editorial feature in an upcoming issue of Inc. Magazine and Inc.com.

  • Benzinga

    Commercial Vehicles Charge Toward Electric Future

    Commercial vehicles are going electric through launches of demonstration fleets of varying sizes testing the viability of running on battery power or hydrogen fuel cells instead of diesel. Smaller commercial vehicles, like pickup and delivery vans, get the most interest because their electric propulsion systems require fewer batteries that take up space for cargo. According to the U.S. Department of Transportation, 37% of freight moved less than 100 miles in 2015.

  • Benzinga

    Is The Drone Industry Finally Ready To Take Off?

    When United Parcel Service, Inc. (NYSE: UPS) last October made its first medical delivery by drone, it may have finally begun what drone advocates have been touting for a decade — a new era when unmanned flights may become just as normal as those in aircraft with pilots. "We estimate the military will remain the leading driver of technology and innovation in the next five years, but the emergence of commercial applications (drone delivery) and select industrial applications will foster a broader ecosystem that we believe will eventually drive significant capital allocation and growth," wrote Canaccord Genuity analyst Ken Herbert in a recent note on the burgeoning industry. The drone, made by privately held Matternet, made a medical delivery in North Carolina.

  • UPS to Report Q4 Earnings: What's in Store for the Stock?
    Zacks

    UPS to Report Q4 Earnings: What's in Store for the Stock?

    UPS' fourth-quarter 2019 performance is likely to have been buoyed by the U.S. Domestic Package segment owing to strong e-commerce growth.

  • JetBlue's (JBLU) Q4 Earnings Surpass Estimates, Increase Y/Y
    Zacks

    JetBlue's (JBLU) Q4 Earnings Surpass Estimates, Increase Y/Y

    Factors like low fuel costs and high passenger revenues aid JetBlue's (JBLU) fourth-quarter 2019 results.

  • United Pacific (UNP) Q4 Earnings Miss Estimates, Decline Y/Y
    Zacks

    United Pacific (UNP) Q4 Earnings Miss Estimates, Decline Y/Y

    Lower volumes and the consequent decline in freight revenues weigh on United Pacific's (UNP) Q4 results.

  • Southwest (LUV) Q4 Earnings Miss, Decrease Y/Y on MAX Woes
    Zacks

    Southwest (LUV) Q4 Earnings Miss, Decrease Y/Y on MAX Woes

    Lower passenger revenues and high non-fuel unit costs due to the Boeing MAX groundings affect Southwest's (LUV) Q4 performance.

  • United Parcel Service (UPS) Earnings Expected to Grow: Should You Buy?
    Zacks

    United Parcel Service (UPS) Earnings Expected to Grow: Should You Buy?

    UPS (UPS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Southwest Posts 4th-Quarter Earnings Miss as Boeing Issues Continue
    GuruFocus.com

    Southwest Posts 4th-Quarter Earnings Miss as Boeing Issues Continue

    Grounding of 737 Max has increased the airline’s costs Continue reading...

  • Is UPS Stock A Good Buy Right Now? Here's What Earnings, Chart Show
    Investor's Business Daily

    Is UPS Stock A Good Buy Right Now? Here's What Earnings, Chart Show

    The e-commerce revolution has boosted package shipments, but UPS earnings growth has been sluggish amid heavy investments. With Amazon a rising threat, is UPS stock a buy right now?

  • GlobeNewswire

    UPS To Release Fourth-Quarter Results On Thursday, January 30, 2020

    ATLANTA, Jan. 20, 2020 -- UPS (NYSE:UPS) will announce its 2019 fourth-quarter results on Thursday, Jan. 30, 2020, at approximately 7 a.m. Eastern Time. At 8:30 a.m. ET, UPS.

  • GlobeNewswire

    UPS Launches E-Commerce Plug-Ins To Benefit Small Businesses

    ATLANTA, Jan. 20, 2020 -- UPS (NYSE:UPS) today announced that it is offering free plug-ins to make UPS tools and services seamlessly available within four popular e-commerce.

  • What To Know Before Buying United Parcel Service, Inc. (NYSE:UPS) For Its Dividend
    Simply Wall St.

    What To Know Before Buying United Parcel Service, Inc. (NYSE:UPS) For Its Dividend

    Is United Parcel Service, Inc. (NYSE:UPS) a good dividend stock? How can we tell? Dividend paying companies with...

  • J.B. Hunt (JBHT) Q4 Earnings Miss on Weak Truck Revenues
    Zacks

    J.B. Hunt (JBHT) Q4 Earnings Miss on Weak Truck Revenues

    Decline in truck revenues weighs on J.B. Hunt's (JBHT) Q4 earnings. However, strong performance of the Dedicated Contract Services and Integrated Capacity Solutions segments boosts results.

  • GlobeNewswire

    The UPS Foundation Mobilizes Global Relief Network and Contributes an Initial $500,000 in Funding and Logistics Support for Relief Efforts in Australia, Puerto Rico and the Philippines

    Support for key relief organizations is helping to bring urgently needed supplies to impacted families and animals across Australia. As situations evolve in Puerto Rico and the Philippines, UPS is collaborating with relief organizations to bring essential supplies, with planned support for repair and reconstruction efforts. The UPS Foundation, which leads the global citizenship programs for UPS (UPS), announced today it is providing support to preeminent relief organizations bringing life-saving supplies and services to areas in Australia, Puerto Rico and the Philippines impacted by wildfires, earthquakes and the eruption of the Taal Volcano.

  • CSX Q4 Earnings Top on Low Costs, Stock Down on Revenue Miss
    Zacks

    CSX Q4 Earnings Top on Low Costs, Stock Down on Revenue Miss

    Lower volumes and coal market woes affect CSX's Q4 performance. However, reduced costs partly offset this adversity.

  • Investopedia

    Transportation Stocks Overdue for a Major Downturn

    The transportation index fund hasn't gained ground in nine months despite a strong bounce into 2020.

  • American City Business Journals

    Why Memphis is giving a tax break to FedEx's largest competitor

    EDGE approved a $38M tax break for FedEx's largest competitor, UPS, on Jan. 15. EDGE president Reid Dulberger gave four reasons for doing so.

  • XPO Logistics explores sale or spin-off of one or more of its businesses
    Yahoo Finance

    XPO Logistics explores sale or spin-off of one or more of its businesses

    XPO Logistics CEO Bradley Jacobs is looking to take shareholder value creation to the next level.

  • Former UPSer takes reins of US SBA
    American City Business Journals

    Former UPSer takes reins of US SBA

    Her appointment to this new role was confirmed by the U.S. Senate in a strong bipartisan vote of 88-5. The SBA was previously led by Linda McMahon.

  • GlobeNewswire

    The UPS Store Ranks in Top 5 of Entrepreneur Franchise 500 for Fourth Year

    The UPS Store, Inc., the world’s largest franchisor of retail shipping, postal, print and business service centers, has been ranked again as one of the top franchise brands, according to Entrepreneur Magazine’s 2020 Franchise 500. Ranked at No. 5 overall out of 1,000 companies, The UPS Store is also first in the postal and business services category and the only retail business service center brand in the top 10. Since 1980, the annual Entrepreneur Franchise 500 has been one of the most prestigious and comprehensive franchise rankings, celebrating franchise brands across 17 distinct business categories.

  • Barrons.com

    FedEx Stock Pares Gains Even After This Move by Amazon

    FedEx stock slid back in early trading on Wednesday despite Amazon.com’s decision to lift a ban preventing third-party sellers using the company to ship products sold on its website.

  • UPS CEO weighs in on U.S.-China trade deal
    Yahoo Finance Video

    UPS CEO weighs in on U.S.-China trade deal

    Yahoo Finance's Alexis Christoforus and Andy Serwer speak with UPS CEO David Abney live at the World Economic Forum in Davos, Switzerland.