United Parcel Service: Buy, Sell, or Hold?
United Parcel Service (NYSE: UPS) is trading at multi-year lows after reporting second-quarter earnings, including a shocking drop in operating profits and lowered guidance for 2024. With the stock now more than 40% below its all-time high, investors must decide whether UPS is a bargain or a falling knife.
Earnings weren't all bad; management expects them to return to growth later this year, and the company just posted growing package volumes in the U.S. for the first time in nine quarters. The dividend also yields over 5% now, a bonus for owning the stock.
Is it a buy, sell, or hold? It might depend on one crucial risk factor within UPS that could dramatically hurt its profits. Here is what you need to know.
Source Fool.com
United Parcel Service Inc. Stock
€114.86
-1.090%
With 19 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 157 € shows a positive potential of 36.69% compared to the current price of 114.86 € for United Parcel Service Inc..
