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Barchart
Barchart
Sohini Mondal

Is Wall Street Bullish or Bearish on United Parcel Service Stock?

With a market cap of $88.3 billion, United Parcel Service, Inc. (UPS) is one of the world’s largest logistics companies, serving customers across more than 200 countries and territories. With approximately 460,000 employees, UPS is guided by its purpose of “Moving our world forward by delivering what matters” and its strategy of being Customer First, People Led, and Innovation Driven.

Shares of the U.S. logistics giant have underperformed the broader market over the past 52 weeks. UPS stock has increased 18.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.2%. Moreover, the stock is up 5.2% on a YTD basis, compared to SPX’s 13.2% return.

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