United Parcel Service rose 1.9% during the afternoon session to $183.33 per share. As reported by Barrons: "For UPS Shares It's the Perfect Time to Get Bullish, Says Analyst ..." You can read more about it here. For those of you thinking about investing in the stock, here is a brief look at the company's fundamentals.
United Parcel Service, Inc. provides letter and package delivery, transportation, logistics, and related services. The company belongs to the Industrials sector, which has an average price to earnings (P/E) ratio of 21.46 and an average price to book (P/B) ratio of 3.7. In contrast, United Parcel Service has a trailing 12 month P/E ratio of 14.4 and a P/B ratio of 9.3.
United Parcel Service has moved -9.3% over the last year compared to -13.2% for the S&P 500 -- a difference of 3.9%. United Parcel Service has a 52 week high of $233.72 and a 52 week low of $154.87. At today's price of $183.33 per share, United Parcel Service is -4.85% away from its target price of $192.67, and on average, analysts give the stock a rating of buy.1.6% of the company's shares are linked to short positions, and 72.4% of the shares are owned by institutional investors.