UPS - United Parcel Service, Inc.
| Previous Close | 105.79 |
| Open | 106.25 |
| Bid | 105.30 x 1000 |
| Ask | 105.61 x 900 |
| Day's Range | 105.59 - 107.53 |
| 52 Week Range | 89.89 - 125.09 |
| Volume | 2,711,927 |
| Avg. Volume | 3,122,838 |
| Market Cap | 90.904B |
| Beta (3Y Monthly) | 1.42 |
| PE Ratio (TTM) | 20.15 |
| EPS (TTM) | 5.24 |
| Earnings Date | Jul 24, 2019 |
| Forward Dividend & Yield | 3.84 (3.63%) |
| Ex-Dividend Date | 2019-05-17 |
| 1y Target Est | 114.68 |
- InvestorPlace•10 hours ago
5 Transportation Stocks to Buy Now
U.S. equities are continuing to push higher on Tuesday, with the Dow Jones Industrial Average extending its move above the 27,000 level. Better-than-expected results from big bank stocks like JPMorgan (NYSE:JPM) are fueling ongoing buying interest as the latest earnings season rolls on.This comes despite the ongoing flow of uneven economic data. U.S. industrial production slowed in the second quarter for the first back-to-back decline since 2016. Freight shipments, according to the Cass Index, fell for the seventh straight month. Yet retail sales are strong.With the Federal Reserve expected to cut interest rates later this month, likely fueling another surge in buying interest, I've noticed a number of transportation stocks perking up. This could be an early sign that the market is pricing in an economic rebound, since these companies are on the front lines of the business cycle, moving the people and the goods that make the system work.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip Here are five transportation stocks that are worth a look: Transportation Stocks to Buy: Union Pacific (UNP)Shares of Union Pacific (NYSE:UNP) are breaking up and out of a multi-month consolidation range to push back towards the highs seen in May. Shares were recently initiated with a buy rating at Goldman Sachs, with a $198 price target translating into a gain of roughly 13% from here.The company will next report results on July 18 before the bell. Analysts are looking for earnings of $2.14 per share on revenues of $5.6 billion. When the company last reported on April 18, earnings of $1.93 beat estimates by six cents on a 1.7% decline in revenues. CSX (CSX)Shares of CSX (NASDAQ:CSX), another railroad, are preparing to exit a four-month consolidation range with a push up and over resistance near the $80-a-share level. Analysts at Goldman Sachs recently initiated coverage with a neutral rating and a $86 price target, but Loop Capital recently downgraded from "buy" to "neutral." * 7 Dependable Dividend Stocks to Buy The company will next report results tonight after the close. Analysts are looking for earnings of $1.11 per share on revenues of $3.1 billion. When the company last reported on April 16, earnings of $1.02 per share beat estimates by 11 cents on a 4.8% rise in revenues. FedEx (FDX)FedEx (NYSE:FDX) stock is rising up and off of support going back to late December, perking up and over its 50-day moving average. Watch for a run at the 200-day moving average, which would be worth a gain of roughly 8% from here. Analysts at Goldman recently initiated coverage with a "buy" rating and added the stock to its conviction buy list.The company will next report results on Sept. 17 after the close. Analysts are looking for earnings of $3.18 per share on revenues of $17.1 billion. When the company last reported on June 25, earnings of $5.01 beat estimates by 18 cents on a 2.8% rise in revenues. UPS (UPS)UPS (NYSE:UPS) shares have cleared above their 200-day moving average for the first time since April, and are now threatening to break out of a churning, two-year downtrend with a move back towards $118 -- which would be worth a gain of more than 11% from here. The stock also had coverage initiated by Goldman analysts this month, with a buy rating and a target of $123 assigned. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The company will next report results on July 24 before the bell. Analysts are looking for earnings of $1.93 per share on revenues of $17.9 billion. When the company last reported on April 25, earnings of $1.39 missed estimates by four cents on a 0.3% rise in revenues. Delta Airlines (DAL)Shares of Delta Airlines (NYSE:DAL) are taking flight, going vertical after breaking up and over resistance from its November and April highs. This ends a two-year funk going back to early 2018 as the company -- which tops customer satisfaction surveys in a tough industry -- continues to execute well. The airline has been able to avoid the disruptions tied to the grounding of the Boeing (NYSE:BA) 737 MAX, since it didn't operate that model.The company will next report results on Oct. 10 before the bell. Analysts are looking for earnings of $2.26 per share on revenues of $12.7 billion. When the company last reported on July 11, earnings of $2.35 beat estimates by seven cents on a 6.5% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 5 Transportation Stocks to Buy Now appeared first on InvestorPlace.
- Benzinga•13 hours ago
UPS' Marken Consolidates European Presence By Acquiring Three Companies
Marken, a wholly-owned subsidiary of UPS Inc (NYSE: UPS), announced on July 15 that it had acquired three European companies headquartered in Austria, Hungary and Italy to expand its geographic footprint of delivering clinical trial shipments every month. UPS bought Marken in late 2016 to expand its strategic interests within the healthcare logistics sector.
- Benzinga•13 hours ago
Goldman Sachs Initiates Coverage Of Six Transports
Buy transports at the bottom of the freight cycle, starting with the cheapest companies that have plausible self-help stories, Goldman Sachs' new transport equities analyst Jordan Alliger counseled in a recent note. UPS Inc (NYSE: UPS), FedEx Corp (NYSE: FDX) and J.B. Hunt (NASDAQ: JBHT) received ‘Buy' ratings.
- Zacks•17 hours ago
J.B. Hunt (JBHT) Gains on Q2 Earnings Beat, Revenues Up Y/Y
J.B. Hunt's (JBHT) top line in second-quarter 2019 increase year over year, courtesy of the Dedicated Contract Services segment's impressive performance.
- Bloomberg•20 hours ago
Thieves Love Amazon Prime Day as Much as Shoppers
(Bloomberg) -- Amazon’s Prime Day gives shoppers an opportunity to flex their deal-spotting muscles ahead of Black Friday. It also gives package thieves their own chance to warm up.Although the weeks between Thanksgiving and Christmas see far more parcel deliveries—and therefore, more brazen from-the-stoop thefts, Prime Day’s limited 48-hour window creates a concentrated opening for “porch pirates” to make their move, said Brody Buhler, managing director of Accenture’s post and parcel industry group.It’s hard to pin down exactly how many cardboard boxes are pilfered from plain sight around the invented summer buying spree, since customers can report thefts to one of three sources—the local police department, the retailer or the mail carrier—and those reports aren’t tallied centrally. But according to research from video-doorbell company Ring, 19% of U.S. households had a package stolen at some point in 2017 with an average value of $140 per package. Nextdoor, a social-networking app for neighborhoods, says user comments about package theft spiked 85% between July 18 and 20 last year, the main delivery period for Prime Day packages.“Criminals know about Prime Day—everyone has access to the internet these days,” said James Crecco, a police captain in Jersey City, New Jersey.The police department in Jersey City partnered with Amazon in December to run a sting operation and track down package thieves after hearing from a swelling number of victims of porch piracy. Within just seven minutes of placing the first package, officers made an arrest and ultimately caught 23 robbers over an 11-day period. The department has been thinking about implementing a similar plan in the days following Prime Day, though Crecco said it was waiting to see if Amazon would partner again before renewing the program.Of course, on-the-porch delivery isn’t a new phenomenon in the U.S., with Montgomery Ward launching its dry goods mail-order business while Ulysses S. Grant was president and Sears, Roebuck and Co.’s iconic catalog serving as America’s consumer bible for a century. But the proliferation of e-commerce brought delivery of goods—and chances to pilfer them—to a whole new level. E-commerce accounted for more than 10% of all retail and food service sales in the first quarter, up from about 3% in 1999, according to the Commerce Department. Orders come in all year long, especially as grocery delivery expands, but they’re concentrated around big shopping events. During last year’s Prime Day, members bought more than 100 million products. Amazon has expanded this year’s extravaganza to 48 hours from 36 last year, with Coresight Research forecasting Amazon raking in $5.8 billion globally in sales, up from an estimated $3.9 billion in 2018.“Criminals know about Prime Day—everyone has access to the internet these days.”And that’s just the orders placed on Amazon itself. With rivals from Target Corp. to one-time mail-order king Sears itself leaning into the event, logistics providers will be extra busy in the coming days.The growth of porch piracy has led a number of states, including California, South Carolina, Michigan and New Jersey, to propose bills for stricter penalties for package thieves. In Texas, the problem became so prevalent that state representatives formed a mail theft task force in 2017 and have since passed legislation that makes certain degrees of package theft a felony. Related: Amazon Workers Plan Prime Day Strike at Minnesota WarehouseWhen packages do go missing, most major mail carriers agree to be liable for about $100, leaving the retailer to refund the remaining dollar amount or send a new item. Accenture finds that 70% of consumers won’t return to an online store after a bad delivery experience, which has retailers putting more pressure on logistics companies to give customers what they want, including tracking and delivery flexibility to ensure their wares arrive unscathed.When online shopping first became popular, the “focus was on price, then it became on free shipping, then fast shipping and now consumer-controlled shipping that can be altered until 10 minutes before the package arrives,” Accenture’s Buhler said. The demand for control over delivery comes from concerns about theft combined with increased demand for convenience, he said.Theft's a pervasive problem, and retailers have tried a variety of deterrents but are still looking for the perfect solution. For instance, to attract grocery customers, Walmart Inc. is experimenting with staffers, sporting wearable cameras, arriving in company-owned cars to unpack food in customers’ kitchens. Others are trying to leave deliveries in shoppers’ garages or the trunks of their cars. But with each new test, questions linger about privacy and efficiency, plus one-off issues like escaping pets or malfunctioning apps that deny the employee entry.Amazon itself offers Amazon Lockers, keyless entry and click-and-collect “counters” to give buyers more ways to control how they receive their orders. Amazon Logistics also gives Prime members the opportunity to track the arrival of their packages in real time and to receive a photo of where the box was dropped, the company said. A spokeswoman declined to comment further or share company data on thefts. Rising fear about package theft has helped usher in a new industry altogether: porch security. Brad Ruffkess, a former Coca-Cola Co. employee, installed security cameras at his Atlanta home and watched two boxes get stolen off of his doorstep within weeks of each other in 2017. Frustrated by the limited protection options available, Ruffkess founded BoxLock Inc., a WiFi-connected lock that lets delivery drivers place packages in secure parcel boxes outside users’ homes.BoxLock launched on Prime Day last year and sold out within hours of being posted to the Amazon website, he said. Other innovations that seek to keep porch pirates from their loot include secure parcel mailboxes, in-home package drops, Nest and Ring cameras, and alternative delivery locations through programs like UPS My Choice.“There’s still a lot more innovation to come in package security as e-commerce continues to grow,” Buhler said. “When it gets up to 20% of total shopping and there are so many more packages on people’s doorsteps, we’ll see even more innovation in protecting deliveries.”Back in Jersey City, a booming waterfront metropolis just over the Hudson River from Manhattan, package theft is evenly distributed among high and lower-income neighborhoods, Captain Crecco said, calling it one of the “rare crimes that crosses every economic demographic.” The trick to stopping it is making sure it’s not so simple to pull off for minor criminals looking for a low-effort pull. “It’s easy and criminals aren’t looking for a lot of work,” he said.To contact the author of this story: Olivia Rockeman in New York at orockeman1@bloomberg.netTo contact the editor responsible for this story: Anne Riley Moffat at ariley17@bloomberg.net, Lisa WolfsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- GlobeNewswire•2 days ago
UPS To Release Second-Quarter Results On Wednesday, July 24, 2019
ATLANTA, July 15, 2019 -- UPS (NYSE:UPS) will announce its 2019 second-quarter results on Wednesday, July 24, 2019, at approximately 7 a.m. Eastern Time. At 8:30 a.m. ET,.
- Benzinga•2 days ago
Today's Pick-Up: Peace Of Mind In The Supply Chain; What Amazon Does And What It Doesn't
For example, an automotive supplier, faced with the prospect of huge fines – as well as the possibility of lost business – in the event its customer's line goes down for want of critical parts, will spend thousands of dollars to ensure an air charter is available to whisk the needed parts to their destination as fast as possible. The story cited a report from Cambridge Property & Casualty that an unidentified auto company will levy a $500 per-minute penalty if a late delivery shuts down its assembly line.
- Market Realist•5 days ago
GS Says Buy FedEx and UPS, Ignore Amazon’s Threats
Goldman Sachs (GS) initiated its coverage on FedEx (FDX) and UPS (UPS) with “buy” ratings. Goldman Sachs argued that the stocks are too cheap to ignore.
- Benzinga•6 days ago
Deutsche Bank Revises Truckload Estimates Downward But Still Likes Rails
After trading ended on Wednesday afternoon (July 10), Deutsche Bank transports equities analyst Amit Mehrotra issued several investor notes reflecting his updated expectations for second quarter earnings. Mehrotra was pessimistic about intermodal growth and returns and Hunt's ongoing discussions with railroad BNSF, with which it has a long-standing and frequently litigated business relationship. Like many Wall Street analysts, Mehrotra was cheered by Knight-Swift (NYSE: KNX) management's ability to digest Swift after the mega-merger and wring impressive returns – including a sub-80 percent operating ratio – from its assets.
- GlobeNewswire•7 days ago
Coyote Logistics Enhances Their Digital Freight Platform with New Service-Driven Features
As the global freight market continues to grow more complex, Coyote Logistics, a leading global third-party logistics (3PL) provider, has released a new program and digital freight platform enhancements designed to better address the unique needs and challenges of shippers and carriers today. “While shippers’ service expectations are constantly evolving, Coyote’s commitment to delivering a superior experience to customers remains unchanged,” said Jonathan Sisler, CEO of Coyote.
- GlobeNewswire•8 days ago
UPS Supply Chain Solutions Recognized as a Leader in Gartner’s 2019 Magic Quadrant For Third-Party Logistics, North America
The May 2019 report marks the 3rd time UPS Supply Chain Solutions (SCS) has been named a Leader in Gartner’s Magic Quadrant for Third-Party Logistics, North America. UPS (UPS) today announced that, for the third time, its Supply Chain Solutions (SCS) unit has been named as a Leader in the May 2019 Gartner Magic Quadrant for Third-Party Logistics, North America1. According to the report, “This Magic Quadrant evaluates 19 top North American 3PLs to demonstrate how they compare with each other across a variety of detailed criteria.
- Benzinga•12 days ago
FreightWaves Radio Preview: The Outlook For IMO2020; Convoy, Retention And The Last-Mile
J. Scott Susich, the director of data analytics and advisory services at DTN, joined co-host John Kingston on SiriusXM Road Dog Trucking for a discussion on how the regulation designed to reduce the amount of sulfur in marine fuels can impact the petroleum supply chain so much that it could hit the price of diesel. Also on this week's show, FreightWaves managing editor of freight markets Mark Solomon brings his expertise to the latest news out of the Amazon/UPS/FedEx cage match. As Mark notes, FedEx Corporation (NYSE: FDX) is banking on strong e-commerce growth outside of Amazon now that FedEx has ended their US air services contract.
- Simply Wall St.•12 days ago
Is United Parcel Service, Inc. (NYSE:UPS) Potentially Undervalued?
Let's talk about the popular United Parcel Service, Inc. (NYSE:UPS). The company's shares saw a decent share price...
- Motley Fool•13 days ago
Amazon Is Not FedEx's Biggest Problem
The end of a contract with Amazon made headlines, but it's not one of the key things that FedEx investors need to focus on.
- Motley Fool•14 days ago
Here's Why Shares of UPS Gained 11% in June
Maybe trade and economic conditions aren't as bad as some have feared.
- American City Business Journals•19 days ago
UPS asks for exemption on new driver training regulations that may hurt its ability to hire drivers
UPS has asked for exemptions from two driver training regulations that the company says would hurt its ability to hire new drivers. The company says the new regulations would force it to not be able to use 25% of its certified driver instructors.
- American City Business Journals•19 days ago
Junior Achievement of Georgia spinoff raises $27M to transform high school education
Although it’s only a year old, 3DE – a sister spinoff of Junior Achievement of Georgia – is making inroads in its goal to transform high school education nationally. Jack Harris, president and CEO of 3DE, announced the launch of the new initiative last year – with the ambitious goal of $55 million so it could be in 55 schools across the country within five years. In just one year, 3DE has raised $27.6 million with 90 percent of funding coming from the Atlanta region.
- Motley Fool•20 days ago
FedEx Adjusts to the Headwinds
The package delivery company has faced a mix of end-market and operational issues lately, but management is investing for growth.
- MarketWatch•21 days ago
U.S. companies fear falling profit margins as trade tensions, deflationary forces persist
A growing number of large U.S. companies are expressing concerns over falling profit margins and that could spell trouble for stock-market valuations.
- Bloomberg•21 days ago
FedEx Sees ‘Transition Year’ as Trade Damps E-Commerce Gains
(Bloomberg) -- FedEx Corp. predicted a “transition year’’ for fiscal 2020, with an improving outlook for e-commerce profits tempered by concerns that international trade tensions will worsen.Revenue per package in the ground-delivery operation rose 2.2% in the quarter ending May 31 as volume growth accelerated to 8.8%, FedEx said in a statement late Tuesday. That signaled progress in the courier’s push to extract higher profits from the surge in home deliveries driven by online shopping.FedEx is stepping up efforts to become the low-cost provider of e-commerce deliveries, paring jobs and partnering with companies such as Dollar General Corp. to add pickup and drop-off sites. But FedEx is struggling to shore up its Express air-delivery division -- the unit most threatened by escalating trade tensions, especially between the U.S. and China.“The utilization of the ground network and the opportunity they feel that they have with e-commerce to significantly grow is the positive that people are taking out of this,” said Trip Miller, managing partner at Gullane Capital Partners, which owns FedEx shares. “But certainly, we didn’t hear anything positive about China. We didn’t hear anything positive about Europe.”The shares fell 1.1% to $154.21 at 9:45 a.m. Wednesday in New York. The shares had dropped 3.3% this year through Tuesday, while rival United Parcel Service Inc. was little changed and a Standard & Poor’s index of industrial companies advanced 19%.Weak ForecastFedEx has been struggling to keep up with Wall Street’s expectations as the company pours money into making deliveries more efficient and struggles with a cloudy trade outlook.Adjusted earnings for the current fiscal year will drop by “a mid-single-digit percentage” from $15.52 a share in the year just ended, FedEx said in the statement. Analysts were expecting $16.15 in fiscal 2020 -- an estimate that had already been whittled down from $20 about six months ago.“Our fiscal 2020 performance is being negatively affected by continued weakness in global trade and industrial production, especially at FedEx Express,” said Chief Financial Officer Alan Graf.That impact extended a longstanding sense of frustration at FedEx with President Donald Trump’s willingness to stoke trade tensions, said Chief Executive Officer Fred Smith.“Clearly, we’ve been very disappointed over the last few years with the assumptions that we made on the growth in international trade, particularly with the Trump administration,” Smith said on a conference call with analysts and investors. “We have become a protectionist country.”FedEx fired a new weapon in the simmering U.S.-China trade war this week, suing the Trump administration to block enforcement of trade restrictions that have placed the company in Beijing’s crosshairs.The federal lawsuit came after the White House barred U.S. companies from selling technology to Chinese telecommunications giant Huawei Technologies Co.While trying to comply, FedEx employees mistakenly flagged packages involving Huawei. Now China is considering adding the courier to a list of so-called unreliable entities.Understanding China’s ‘Unreliable Entities’ Blacklist: QuickTakeE-Commerce ChallengeCloser to home, the next 12 months will be pivotal for FedEx as it seeks to stem the decline in profit margins at the company’s ground unit. Recent moves include extending deliveries to seven days a week and reducing reliance on the U.S. Postal Service.FedEx’s Express business cut ties with Amazon.com Inc. as the largest online retailer muscles into the delivery business. FedEx said it would focus on more profitable customers.The challenge for FedEx -- and UPS -- is that deliveries to homes, where drivers often handle a single package at each stop, tend to be less profitable than business deliveries, where they might pick up or drop off several parcels.“Fiscal year 2020 is in many ways a transition year for FedEx as we continue to reinvigorate our business to capitalize on e-commerce growth and execute significant initiatives to reduce our cost to serve in the U.S.,” said Chief Operating Officer Rajesh Subramaniam.Those efforts are softening the blow from the weak profit forecast for fiscal 2020 -- but the pressure will remain on FedEx to show sustained gains from the rise of online shopping.“FedEx is not out of the woods,” Cowen analyst Helane Becker said in a note to investors, “but base expectations are lower and if there is any shift towards a more optimistic macro environment, we expect shares to move higher from current levels.”(Updates stock action in fifth paragraph.)\--With assistance from Karen Lin.To contact the reporter on this story: Thomas Black in Dallas at tblack@bloomberg.netTo contact the editors responsible for this story: Brendan Case at bcase4@bloomberg.net, Tony Robinson, Cécile DauratFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- GlobeNewswire•21 days ago
New Indianapolis "Super Hub" Now Supercharged For UPS Customers
UPS (UPS) today announced the official opening of its new 893,000 square foot Plainfield, Indiana package sortation and distribution center. The Indianapolis-area facility initially started processing packages in 2017 during the busy holiday season while construction of the new “super hub” was still underway. Now operating at full capacity, customers are receiving all of the benefits from the facility’s increased speed, efficiency and dynamic routing technology.
- Reuters•22 days ago
UPS will not join FedEx lawsuit against U.S. government
FedEx's announcement of its suit on Monday came shortly after the U.S. parcel delivery firm reignited Chinese ire over its business practices. Chinese telecoms company Huawei Technologies Co in May was added to a blacklist of people and companies the U.S. government said posed a security risk, barring it from buying, without special approval, U.S. technology upon which it was heavily reliant. In its lawsuit, FedEx said it should not be expected to enforce the export ban, and could not reasonably be held liable for shipping products that it did not know about.
- Reuters•22 days ago
UPDATE 1-UPS will not join FedEx lawsuit against U.S. government
United Parcel Service Inc said on Tuesday it would not join a lawsuit FedEx Corp filed against the U.S. government that argues FedEx should not be held liable if it inadvertently shipped products in violation of an export ban. FedEx's announcement of its suit on Monday came shortly after the U.S. parcel delivery firm reignited Chinese ire over its business practices. Chinese telecoms company Huawei Technologies Co in May was added to a blacklist of people and companies the U.S. government said posed a security risk, barring it from buying, without special approval, U.S. technology upon which it was heavily reliant.
