Should Investors Trust The Upside Potential In United Parcel Service, Inc (UPS)?

United Parcel Service, Inc (NYSE:UPS) currently has a daily average trading volume of 3.97M but it saw 2967385 shares traded in last market. With a market cap of 113.19B USD, the company’s current market price of $132.64 came falling about -0.78 while comparing to the previous closing price of $133.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $163.82 and as low as $123.12. In the recent trading on the day, stock has struck highest price mark of $132.04 while lowest mark touched by it was $133.93.

Taking a look at 20-day trading activity of United Parcel Service, Inc (UPS) gives us an average price of $133.64, while its current price level is -19.03% below from 52-week high level whereas it is 7.73% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $132.37 while that of 200 days or SMA-200 reads an average of $139.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.00% during that period while stretching the period over a month that decreases to 1.91%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.62 which implies that the stock is in neutral territory.

Barclays downgraded its recommendation for the stock as a “Underweight” from “Equal Weight” on October 21, 2024 while assigning a price target of $120. Citigroup issued its recommendations for the stock as it initiated the price target for the stock is $162.

Over the week, UPS’s stock price is moving -1.13% down while it is -2.36% when we observe its performance for the past one month. Year-to-date it is -15.64% down and over the past year, the stock is showing a downside performance of -7.35%.

Currently, United Parcel Service, Inc’s total number of outstanding shares is 854.51M. Company’s return on investment (ROI) stands at 13.89% and return on equity (ROE) at 31.46%. It has a price to earnings ratio (P/E ratio) of 20.06 while having a 15.14 of forward P/E ratio. Stock’s beta reads 0.97. Stock has a price to book (P/B) ratio of 6.71 while price to sale or P/S ratio amounts to 1.25. Its return on asset (ROA) is 8.18% on average.