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Barchart
Neharika Jain

United Parcel Service Stock Outlook: Is Wall Street Bullish or Bearish?

Atlanta, Georgia-based United Parcel Service, Inc. (UPS) is a package delivery company that provides transportation and delivery, distribution, contract logistics, ocean freight, air freight, customs brokerage, and insurance services. Valued at a market cap of $97.5 billion, the company operates through two segments, U.S. Domestic Package and International Package. 

This package delivery company’s shares have massively underperformed the broader market over the past 52 weeks. UPS has declined 22.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.5%. Moreover, the stock is down 9.4% on a YTD basis, compared to SPX’s 2.9% rise during the same time frame.

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