#5 - United Parcel Service (NYSE:UPS)
United Parcel Service (NYSE:UPS) was one of the big winners during the pandemic. But as vaccines rolled out, investors began to question if the shift to e-commerce had legs. As it turned out, it did and that is one reason why UPS stock remains a compelling transportation stock to own.
UPS stock is up 129% in the last two years. It’s up 20% in the last 12 months. And analysts are giving the stock a 15% upside from its current price. Revenue and earnings are supposed to grow at a more historical pace which means the biggest gains are likely over. However, the company pays an attractive dividend that currently pays out $6.08 per share annually. Plus, the company has increased the dividend in each of the last 13 consecutive years.
Institutional investors are still showing interest in the stock with buying volume outnum:!bering selling volume by nearly a 2:1 margin.
About United Parcel Service
United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.
Read More - Current Price
- $134.82
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 13 Buy Ratings, 8 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $151.52 (12.4% Upside)