United Parcel Service reported a -$3 billion loss for the fourth quarter, but adjusted earnings were well above Wall Street estimates.
The package delivery company’s adjusted earnings came in at $2.66 a share, compared to the $2.14 a share expected by analysts polled by FactSet. The figure was also higher than the $2.11 in the year-ago quarter.
But including $5.6 billion in charges related to pension adjustment costs and other factors including taxes and the sale of UPS Freight, the company incurred a loss of -$3.3 billion, or -$3.75 a share (sharper than the loss of -12 cents in the same quarter last year).
UPS revenue grew +21% year-over-year to $24.9 billion, which is $2 billion above analysts estimates.
Revenues from U.S. package came in at $15.75 billion, an increase of +17.4% year over year. International package revenue rose +23.3% year-over-year to $4.77 billion. Average daily volume increased +10.6%, according to UPS.
UPS did not issue revenue or diluted earnings per share guidance , amid the continued uncertainty due to the global pandemic. However, the company gave a full-year guidance for capital allocation, around $4 billion.
UPS said it has no plans to buyback shares or access the debt capital markets in 2021.
UPS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 37 cases where UPS's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 26, 2024. You may want to consider a long position or call options on UPS as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for UPS just turned positive on April 24, 2024. Looking at past instances where UPS's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UPS advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where UPS's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
UPS moved below its 50-day moving average on April 12, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for UPS crossed bearishly below the 50-day moving average on April 15, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where UPS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for UPS entered a downward trend on April 26, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (7.278) is normal, around the industry mean (19.997). P/E Ratio (18.926) is within average values for comparable stocks, (23.454). Projected Growth (PEG Ratio) (1.752) is also within normal values, averaging (10.503). Dividend Yield (0.044) settles around the average of (0.037) among similar stocks. P/S Ratio (1.396) is also within normal values, averaging (1.265).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. UPS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of global package delivery and supply chain management solutions
Industry AirFreightCouriers