Evercore Has Lowered Expectations for United Parcel Service (NYSE:UPS) Stock Price

United Parcel Service (NYSE:UPS) had its price objective lowered by research analysts at Evercore from $115.00 to $113.00 in a research report issued on Wednesday, Marketbeat.com reports. The brokerage currently has an “in-line” rating on the transportation company’s stock. Evercore’s price target would suggest a potential upside of 4.89% from the stock’s current price.

A number of other equities analysts have also recently commented on UPS. Wolfe Research reiterated a “peer perform” rating on shares of United Parcel Service in a report on Thursday, January 8th. Sanford C. Bernstein lifted their price target on United Parcel Service from $122.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft lifted their price target on United Parcel Service from $88.00 to $106.00 and gave the stock a “hold” rating in a report on Wednesday, January 28th. Stephens upped their target price on United Parcel Service from $113.00 to $115.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings raised United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, United Parcel Service presently has an average rating of “Hold” and an average price target of $113.03.

United Parcel Service Trading Up 2.3%

United Parcel Service stock opened at $107.74 on Wednesday. United Parcel Service has a 52 week low of $82.00 and a 52 week high of $122.41. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a market capitalization of $91.48 billion, a P/E ratio of 16.42, a PEG ratio of 1.66 and a beta of 1.12. The stock has a 50-day simple moving average of $104.48 and a 200 day simple moving average of $100.92.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.18. United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.The business had revenue of $24.48 billion during the quarter, compared to analysts’ expectations of $23.91 billion. During the same quarter last year, the company posted $2.75 earnings per share. United Parcel Service’s quarterly revenue was down 3.2% on a year-over-year basis. Analysts expect that United Parcel Service will post 7.07 earnings per share for the current year.

Insider Activity

In related news, insider Norman M. Brothers, Jr. sold 25,014 shares of the business’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $106.15, for a total value of $2,655,236.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.19% of the company’s stock.

Institutional Investors Weigh In On United Parcel Service

Institutional investors have recently made changes to their positions in the stock. University of Texas Texas AM Investment Management Co. bought a new stake in shares of United Parcel Service in the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. bought a new stake in shares of United Parcel Service in the fourth quarter valued at approximately $25,000. Coston McIsaac & Partners boosted its stake in shares of United Parcel Service by 77.8% in the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after buying an additional 119 shares during the period. Torren Management LLC bought a new stake in shares of United Parcel Service in the fourth quarter valued at approximately $29,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of United Parcel Service in the fourth quarter valued at approximately $29,000. 60.26% of the stock is currently owned by institutional investors.

More United Parcel Service News

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: UPS introduced a temporary surge fee on U.S. imports and exports (a $0.23 per‑pound charge across seven services), which should lift revenue/realized yield on cross‑border shipments while the surcharge remains in effect. UPS adds temporary surge fee to US imports, exports
• Positive Sentiment: An Indiana judge ruled UPS overpaid a fuel tax on private road travel, which could lead to refunds or credits — a one‑time benefit to cash flow and an offset to operating cost pressure. UPS Overpaid Fuel Tax on Private Road Travel, Indiana Judge Says
• Positive Sentiment: Expansion of the Happy Returns network to over 10,000 locations strengthens UPS’s returns and reverse‑logistics franchise — a higher‑margin, sticky revenue stream that supports long‑term unit economics. UPS expands its Happy Returns network to over 10K locations
• Positive Sentiment: Operational consolidation: UPS plans to close its Defiance, OH terminal in June — a local capacity/expense action that could modestly improve efficiency in that region. UPS will be closing Defiance terminal in June
• Neutral Sentiment: Q1 preview and investor focus: multiple pieces highlight that UPS reports Q1 on April 28, with attention on oil prices, tariffs, and shrinking Amazon volumes — factors that increase uncertainty into the print and could drive volatility. UPS to Report Q1 Earnings: Should You Buy, Sell or Hold the Stock?
• Neutral Sentiment: Heightened retail/investor attention: several trending stories (Zacks/Yahoo) have increased search and trade interest in UPS, which can amplify intraday moves without changing fundamentals. United Parcel Service, Inc. (UPS) Is a Trending Stock
• Negative Sentiment: Analyst revision: Evercore trimmed its price target slightly (from $115 to $113) and set an “in‑line” rating, signaling limited near‑term upside from current levels and more cautious analyst sentiment. (no link)

United Parcel Service Company Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.