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United Parcel Service, Inc. (UPS)

NYSE - Nasdaq Real Time Price. Currency in USD
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162.73+1.19 (+0.74%)
As of 01:46PM EDT. Market open.

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  • R
    Ralphy Boy
    Amazing sale on UPS, you will never have a price this low again. Can’t wait for earnings!!!!! Buy now!!!!
  • G
    Gary
    you think DeSantis is gonna turn down handouts from the federal gov't? since he voted against hurricane sandy funding?
  • R
    Rick
    Small positive today to see price up over $3.00 and volume up as well. I would expect institutional buyers at this price. If whisper is correct and UPS beats, expect $200 again.
  • N
    NICHOLAS
    I hate getting political on a financial board. However, I hope everyone takes a good look at what's happening and gets out to vote in November!
  • G
    Gary
    it's interesting - i see two different prestigious economic camps out there -Larry Summers, harvard dude, saying interest rates still need to go higher for longer to crush inflation. Then you have Jeremy Siegel, wharton professor, saying fed gone too far too fast as economic pricing indicators trending down. Tough call right? Fed appears to be in Summers camp, meaning markets gonna get hit harder for longer ...
  • D
    Dudesbag
    Hard to believe Ollie. The UPS current P/E of 13.5 and forward P/E of 13.3 is well below the S&P 17 or so for the forward P/E. It's at an historical low while the dividend of around 3.5% is well above the S&P average. If FDX misses even their warning #'s after the close of business today, we could get hit again. Of course the opposite is true as well. I can't wait until we report #'s next month. If we are able to slightly surpass expectations and reiterate the going forward advice, we should easily pick up a double digit gain.
  • m
    mayslakeman
    Didn't this happen last time Fedex warned? And it turned out UPS was fine?
  • D
    Dudesbag
    For UPS there is an upside to the bleak market take on economic conditions. As we all know, the 5 year UPS and Teamster contract runs out on July 31, 2023. In recent months, the new Teamster leadership group has been making it a point to speak aggressively about the start of contract negotiations. They want to live up to the bluster that they believe got them elected. It would seem reasonable to posit that the expectations of an economic downturn for the rest of this year and well into 2023 and beyond makes that a precarious position. As we know, Tome's "better not bigger" has resulted in a slight decline in ground packages in recent quarters. Given that scenario, perhaps more focus should be given to preserving Teamster jobs than other considerations. UPS drivers are already at the top of the scale in wages and benefits. Due to the unusually warm 2022 summer, a lot of attention was given towards the over simplified "solution" of air conditioning for package cars. Management (and even the drivers) know how impractical that is action step would be due to the rate of stops per road hour. Beyond that, the drain on package car batteries would necessitate replacing them with even greater heavy duty batteries at a huge cost before the expense of the A/C system would be contemplated. Surely UPS has made this point and both parties should contemplate a different solution. The Teamsters should also recognize that the greater the contract expense, the lesser can be applied towards capital expenditures and expansion that lead to additional jobs. I'd like to think that most drivers and a hefty % of long-time part-timers own UPS shares. Well we now know that the dividend structure is predicated upon free cash flow and profitability and thus will fluctuate. An excessive demand by the Teamsters would also impact the payout. Finally, FDX's ground network utilizes independent contractors paid at a much lower rate that UPS drivers thus their costs are lower. Even so, they have indicated a nearly 7% rate increase for 2023 shipping rates. This is largely due to their poor operating margins. UPS thru the "better" mantra has been able to grow its margins recently. It's in everyone's best interests to maintain that at current levels. If that metric heads south, jobs are often the first victims. So to summarize, it would seem rational to think the Teamster negotiators are re-thinking their demand structure due to the realities of current and projected economic conditions both domestically and globally. To think otherwise would be illogical and I surely all parties need to approach the negotiations fully aware of the declining big picture.
  • G
    Gary
    i would think generac stock would be rallying ... with more hurricans there is more need for backup power ..
  • D
    Dudesbag
    For FDX, the pressure is sure starting to rise. The share price dropped over 4% today and analyst one year target prices are way down. Now the pilots are applying pressure right to amend their contract just before peak. The new CEO must be wringing his hands. https://www.thestreet.com/investing/fedex-pilots-hold-a-protest-at-a-surprising-location?puc=yahoo&cm_ven=YAHOO
  • R
    Rick
    So take note here: Carol Tome reaffirmed UPS guidance for 2022 on September 6. The problems FedEx is experiencing are of their own doing. From their lack of control over their subcontractors to flying empty 767’s to and from Europe and Asia….management is not paying attention! Raj needs to go! Much to big a blunder to let it go. UPS will report positive growth and FedEx will be further exposed.
  • R
    Ralphy Boy
    Ummmmm Tome, time to buy a few billion dollars in buy back shares.
  • D
    Daniel
    FedX points to the bottom falling out of the global economy. Too many facts are negative to sustain economy. China…Ukraine…Europe…FED policy to strong and not taking into consideration the state of all global dynamics. FED will crater the US if it doesn’t wake up to what is happening!
  • G
    Gary
    metals and miners holding up today ... with coming recession, fed will be printing money again ..good to own REAL assets in that situation ... they pay big fat dividends too ...
  • V
    VANNURDEN
    The market could be about to tank...Do this now.For more info http://hiddenwealth.tech/
  • D
    Dudesbag
    It would be nice if the market would finally acknowledge the need to differentiate the valuation view between UPS and FDX. Clearly, UPS under Carol Tome has proven that better not bigger was the proper path to follow and now FDX seems to be adopting that policy. It appears that many of the independent contractors have come to realize that the IC policies are geared to benefit FDX and not them. At a time of rising costs it becomes quite obvious that the contractors are facing a profit squeeze and are offered no relief from corporate. This is a dangerous set of circumstances to be facing just before a critical peak season is upon them. It's interesting that as FDX suggests it's facing a less than encouraging near term future, UPS recently expressed a far more positive view of its own peak season forecast as it indicates a need to hire 100K peak season employees. We'll see if we end up needing that actual number but if we do, a definitive demarcation line will be evident between the 2 companies. While it's true that we are looking at a tough Teamster negotiation, at least when it's said and done we'll have 5 years of a clear cost future going forward. Meanwhile FDX could very well see its independent contractor model start to deteriorate. Ideally, the Teamsters might smell blood in the water and go after the ground operation at FDX as it would seem that the contractors are looking for a better working environment and the present working agreement sure seems one-sided. But without a doubt, if UPS can experience a peak season that meets its expectations, the market should recognize the difference between a well run organization vs. one that's seemingly been structured to pass burdens onto its contractors in its fastest growing segment and, as a result, will soon be facing its Waterloo moment.
  • J
    Jake
    This is a wholy unjustified sell-off. $UPS has a demonstrated track history of meeting or exceeding the guidance they've provided. Just because $FDX can't generate valid forecasts doesn't mean $UPS can't.
  • N
    NICHOLAS
    November and 2024 Can't get here soon enough!!!
  • h
    honestamerican
    I know UPS survived the great depression, but does anyone know how they did? Could be a good indicator as to how they might fare in this latest depression/great transference of money we are going through....
  • D
    Dudesbag
    What's happened in Florida with loss of life and property has been horrific. It's estimated by those in the know that the ultimate cost of reconstruction will surpass $70B. As Ian's impact continues into Georgia and other southeastern states, the destruction will have a major impact on the region's economy. This will have a considerable impact on UPS's 3rd quarter financial results. Essentially, 3 days of operations in Florida were negated as well as a couple days in other southeastern states. There's no way we can meet our stated expectations now. Hopefully, the market understands this and doesn't punish our shares further. Clearly, going forward advice will also be muted and I hope Carol can express it in the optimum way.