Why Most Analysts Have a ‘Hold’ Opinion on United Parcel Service
Of the 27 analysts covering UPS, four analysts (14.8%) recommended a “strong buy” for UPS stock.
In 2Q17, United Parcel Service’s operating profit rose 8.7% to $2.2 billion from $2.0 billion in 2Q16.
In 2Q17, UPS’s Supply Chain and Freight vertical revenues reached $2.8 billion, up 12% from $2.5 billion in 2Q16.
UPS’s International Package volumes in 2Q17 rose 5.6% to 2.9 million average daily packages from 2.7 million average daily packages in 2Q16.
Revenues for UPS’s US Domestic Package segment jumped 8.1% to $9.7 billion in 2Q17 from $9.0 billion in 2Q16.
When compared with its 2Q16 revenues of $14.6 billion, UPS’s 2Q17 revenues rose 7.7%
United Parcel Service (UPS) announced its 2Q17 earnings on July 27. UPS reported earnings per share of $1.58 in 2Q17, a 7.9% earnings beat over its estimated EPS of $1.45.
Of the 27 analysts covering FedEx (FDX), nine (or 33%) have “strong buy” recommendations on the stock. Another 13 analysts have “buy” recommendations on the stock.
Earlier, we discussed FedEx’s (FDX) segmental and corporate operating margins in fiscal 4Q17. Now, let’s take a look at the company’s capital expenditure (capex).
In this article, we’ll focus on the results of FedEx’s (FDX) 2016 acquisition of TNT Express. Until now, FDX has reported TNT Express’s and FedEx Express’s operating results separately.
In this article, we’ll study the company’s Freight segment’s fiscal 4Q17. The segment’s revenue rose 5.7% to $1.7 billion in the quarter, compared to $1.6 billion in fiscal 4Q16.
FedEx’s (FDX) operating margin was 11.2% on an adjusted basis in fiscal 4Q17, representing a 0.4% fall on a YoY (year-over-year) basis.
In fiscal 4Q17, FedEx’s (FDX) Express segment’s total revenue was $7.1 billion, compared to $6.7 billion in fiscal 4Q16, a year-over-year (or YoY) rise of 6.9%.
In this article, we’ll look at FedEx’s Ground segment’s performance in fiscal 4Q17. FedEx Ground’s revenue rose 9.1% to $4.6 billion in the quarter, compared to $4.2 billion in fiscal 4Q16.
On June 20, 2017, parcel delivery and logistics giant FedEx (FDX) announced its fiscal 4Q17 results. The company reported adjusted EPS (earnings per share) of $4.25.
In 3Q17, the company incurred a capex of $1.1 billion, which represents 7.4% of the 3Q17 total revenues of ~$15.0 billion.
Analysts’ recommendations have changed in FedEx’s (FDX) favor after its 3Q17 results.
The FedEx Ground segment’s revenues rose 6% from $4.4 billion in 3Q16 to $4.7 billion in fiscal 3Q17.
The FedEx Freight segment revenues rose 3.1% from $1.4 billion in 3Q16 to $1.5 billion in fiscal 3Q17.
FedEx’s (FDX) overall operating margin on a reported basis was 6.8% in 3Q17, almost flat on a year-over-year basis.