United Parcel Service, Inc. (NYSE:UPS) plunged -0.80% during previous trade, a total of 1.51M shares exchanged hands compared with its average trading volume of 2.54M shares whereas its relative volume is 0.59. The stock has a market capitalization of $100.67B along with 688M outstanding shares. Stock’s intraday price range hit the peak level of $116.28 and touched the lowest level of $115.13.
Most recently United Parcel Service, Inc. (NYSE:UPS)’s price target was revised on 12/14/16 and according to 23 analysts stock’s price will reach at $115.74 during 52 weeks with standard deviation of 10.18. Stock’s minimum price target estimates has been figured out at $87 while the maximum price target forecast is established at $135, if we look at the price target with an optimistic approach it has upside potential of 17% from its latest closing price of $115.20.
Historically, if we look at price target revisions, two weeks ago United Parcel Service, Inc. (NYSE:UPS)’s price target was revised on 11/24/16 by the analysts, however the bullish price estimates of the stock set at $126 while the bearish estimates kept at $87 over the next one year. Stock’s 52-week target was retained at $112.25, the estimates indicates a standard deviation of 10.51.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.33 ABR value is precisely based on brokerage recommendations, where out of 16 brokerage recommendations 6 rate United Parcel Service, Inc. (NYSE:UPS) stock a Strong Buy, 0 rate the stocks of the company a Buy, 9 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 5/15/16 the stock of United Parcel Service, Inc. (NYSE:UPS) upgraded by Goldman from Neutral to Buy. However previously on 4/29/15 it was upgraded by BofA/Merrill from Neutral to Buy. A research note issued on 1/26/15 the stock was downgraded by Barclays from Overweight to Equal Weight.
United Parcel Service, Inc. (NYSE:UPS) performance over the past one year soared 21.44% whereas its year to date (YTD) performance indicated a bullish trend of 23.22%. During the last six months the stock climbed 9.86%. Quarterly performance of the company shows optimistic momentum of 6.19% while its last one month trend is negative with -0.42%. Stock’s weekly performance expressed down trend of -1.97%.
The company’s price sits 1.89% above from its 50-day moving average of $115.99 and 7.53% below/far from the stock’s 200-day moving average which is $110.31. United Parcel Service, Inc. (NYSE:UPS)’s shares are currently trading -4.35% away from the 52-week high price of $120.44 and +35.93% far from the 52-week low price of $84.75.
According to consensus agreement of 23 analysts United Parcel Service, Inc. (NYSE:UPS) will report earnings per share of $1.69 in their quarterly report and it is expected to announce the company’s results on 1/31/17Before Market Open. For the current quarter the company has high EPS estimates of $1.73 in contradiction of low EPS estimates of $1.66. However a year ago for the same quarter the company has reported $1.57 EPS. Current year EPS projections for United Parcel Service, Inc. (NYSE:UPS) set at $5.82 according to the sentiments of 26 analysts, while its lowest earnings estimates are $5.78 and highest earnings estimates are $5.85.
According to 17 analysts, United Parcel Service, Inc. (NYSE:UPS)’s revenue estimates for the current quarter are $17.01B meanwhile the company has high revenue estimates of $17.22B in contradiction of low revenue estimates of $16.59B. For the current year the company’s revenue estimates are $61.02B compared to low analyst estimates of $60.57B and high estimates of $62.63B according to the projection of 24 analysts.