[at The New Yorker] - When Jeff Bezos, the C.E.O. of Amazon, told "60 Minutes" this week that his company was experimenting with having drones deliver its packages, he seemed to be conjuring up a future in which fleets of flying ...Read more on this.
United Parcel Service, Inc. (UPS), currently valued at $94.43B, started trading this morning at $101.46. During today's session, UPS traded between $101.46 to $102.08 with the price of the stock fluctuating between $72.58 to $103.04 over the last 52 weeks. UPS shares are currently priced at 21.37x this year's forecasted earnings, which makes them relatively inexpensive compared to the industry's 35.55x earnings multiple for the same period. And for income investors, the company pays shareholders $2.48 per share annually in dividends, yielding 2.40%. Consensus earnings for the current quarter by the 27 sell-side analysts covering the stock is an estimate of $1.43 per share, which would be $0.11 better than the year-ago quarter and a $0.00 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $4.76 would be a $0.23 improvement when compared to the previous year's annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $15.11 Billion. If realized, that would be a 3.71% increase over the year-ago quarter. More recently, BB&T Capital Mkts downgraded UPS from Buy to Hold (Jul 15, 2013). Previously, RBC Capital Mkts upgraded UPS from Sector Perform to Outperform. When considering if the stock is under or overvalued, the average price target is $105.26, which is 3.75% above where the stock opened this morning. United Parcel Service Inc. (NYSE:UPS), a package delivery company, provides transportation, logistics and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package and Supply Chain and Freight. Tag Helper ~ Stock Code: UPS | Common Company name: United Parcel Service | Full Company name: United Parcel Service Inc. (NYSE:UPS) .
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