The FY2016 EPS Estimates for United Parcel Service Inc. Cut by Analyst (UPS)

The FY2016 EPS Estimates for United Parcel Service Inc. Cut by Analyst (UPS)

United Parcel Service Inc. (NYSE:UPS) – Investment analysts at William Blair decreased their FY2016 EPS estimates for shares of United Parcel Service in a report issued on Friday. William Blair analyst N. Brochmann now anticipates that the firm will earn $5.80 per share for the year, down from their previous forecast of $5.83. William Blair currently has a “Outperform” rating on the stock. William Blair also issued estimates for United Parcel Service’s Q1 2017 earnings at $1.33 EPS, Q2 2017 earnings at $1.53 EPS, Q3 2017 earnings at $1.53 EPS, Q4 2017 earnings at $1.76 EPS, FY2017 earnings at $6.14 EPS and FY2018 earnings at $6.72 EPS.

UPS has been the subject of several other research reports. Argus upped their price target on shares of United Parcel Service from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, August 2nd. Barclays PLC upped their price target on shares of United Parcel Service from $110.00 to $115.00 and gave the company an “equal weight” rating in a research report on Monday, September 12th. Zacks Investment Research downgraded shares of United Parcel Service from a “buy” rating to a “hold” rating in a research report on Friday, July 22nd. Oppenheimer Holdings Inc. reiterated an “outperform” rating and issued a $116.00 price target (up previously from $112.00) on shares of United Parcel Service in a research report on Tuesday, August 2nd. Finally, Morgan Stanley set a $91.00 price target on shares of United Parcel Service and gave the company a “sell” rating in a research report on Monday, August 1st. Three research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. United Parcel Service currently has an average rating of “Hold” and a consensus target price of $108.67.

Shares of United Parcel Service (NYSE:UPS) opened at 107.70 on Monday. United Parcel Service has a 52-week low of $87.30 and a 52-week high of $111.83. The company’s 50-day moving average is $108.36 and its 200 day moving average is $107.01. The firm has a market cap of $94.57 billion, a price-to-earnings ratio of 19.19 and a beta of 0.91.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, October 27th. The company reported $1.44 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.44. The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $14.72 billion. United Parcel Service had a net margin of 8.33% and a return on equity of 200.04%. The firm’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the business earned $1.39 earnings per share.

In other news, insider James J. Barber sold 2,268 shares of the company’s stock in a transaction on Friday, August 12th. The shares were sold at an average price of $109.79, for a total transaction of $249,003.72. Following the transaction, the insider now directly owns 31,418 shares of the company’s stock, valued at approximately $3,449,382.22. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.72% of the company’s stock.

Several institutional investors have recently bought and sold shares of UPS. Acadian Asset Management LLC boosted its position in United Parcel Service by 4.1% in the second quarter. Acadian Asset Management LLC now owns 1,071,653 shares of the company’s stock worth $115,438,000 after buying an additional 42,701 shares during the period. Allen Investment Management LLC boosted its stake in shares of United Parcel Service by 23.1% in the first quarter. Allen Investment Management LLC now owns 274,586 shares of the company’s stock worth $28,961,000 after buying an additional 51,513 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in shares of United Parcel Service by 2.0% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 103,267 shares of the company’s stock worth $11,124,000 after buying an additional 2,032 shares during the last quarter. Strs Ohio boosted its stake in shares of United Parcel Service by 6.6% in the second quarter. Strs Ohio now owns 459,165 shares of the company’s stock worth $49,461,000 after buying an additional 28,241 shares during the last quarter. Finally, Private Advisor Group LLC boosted its stake in shares of United Parcel Service by 6.6% in the second quarter. Private Advisor Group LLC now owns 105,063 shares of the company’s stock worth $11,317,000 after buying an additional 6,464 shares during the last quarter. 53.29% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Company Profile

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