Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate United Parcel Service, Inc. before investing.

In this article, we go over a few key elements for understanding United Parcel Service, Inc.’s stock price such as:

• United Parcel Service, Inc.’s current stock price and volume
• Why United Parcel Service, Inc.’s stock price changed recently
• Upgrades and downgrades for UPS from analysts
• UPS’s stock price momentum as measured by its relative strength

About United Parcel Service, Inc. (UPS)

Before we jump into United Parcel Service, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

United Parcel Service, Inc. is a package delivery company and a provider of global supply chain management solutions. Its segments include U.S. Domestic Package and International Package. Its U.S. Domestic Package and International Package are together referred to as its global small package operations. Its global small package operations provide time-definite delivery services for express letters, documents, packages and palletized freight via air and ground services. The U.S. Domestic Package segment offers small package delivery services in the United States and offers a spectrum of the United States domestic guaranteed air and ground package transportation services. The International Package segment consists of its small package operations in Europe, the Indian subcontinent, Middle East and Africa (together EMEA), Canada and Latin America (together Americas) and Asia. Its Supply Chain Solutions consists of its forwarding, logistics, digital and other businesses.

Want to learn more about United Parcel Service, Inc.’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about United Parcel Service, Inc..

United Parcel Service, Inc.’s Stock Price as of Market Close

As of July 23, 2024, 4:00 PM, CST, United Parcel Service, Inc.’s stock price was $127.68.

United Parcel Service, Inc. is down 12.05% from its previous closing price of $145.18.

During the last market session, United Parcel Service, Inc.’s stock traded between $143.69 and $146.17. Currently, there are 856.00 million shares of United Parcel Service, Inc. stock available for purchase.

United Parcel Service, Inc.’s price-earnings (P/E) ratio is currently at 21.0, which is high compared to the Freight & Logistics - Courier, Postal, Air Freight & Land industry median of 19.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

United Parcel Service, Inc. Stock Price History

United Parcel Service, Inc.’s (UPS) price is currently down 6.7% so far this month.

During the month of July, United Parcel Service, Inc.’s stock price has reached a high of $148.15 and a low of $124.98.

Over the last year, United Parcel Service, Inc. has hit prices as high as $192.98 and as low as $132.90. Year to date, United Parcel Service, Inc.’s stock is down 26.55%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused United Parcel Service, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 22, 2024, there were 9 analysts who downgraded United Parcel Service, Inc.’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate United Parcel Service, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on United Parcel Service, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

United Parcel Service, Inc.’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about United Parcel Service, Inc. (UPS) by visiting AAII Stock Evaluator.

Relative Price Strength of United Parcel Service, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 22, 2024, United Parcel Service, Inc. has a weighted four-quarter relative price strength of -10.67%, which translates to a Momentum Score of 30 and is considered to be Weak.

Want to learn more about how United Parcel Service, Inc. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

United Parcel Service, Inc. Stock Price: Bottom Line

As of July 23, 2024, United Parcel Service, Inc.’s stock price is $127.68, which is down 12.05% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like United Parcel Service, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.