2024-06-03 09:20:30 ET
Summary
- UPS shares have dropped nearly 17% in the last year and are trailing behind FedEx and the S&P 500 Index.
- Despite recent weak performance, UPS's valuation has become more attractive.
- There is potential for earnings growth to reaccelerate in the next few years, making UPS a good long-term investment.
- Shares yield almost 5%, one of the highest in the stock's history.
The market has not been kind to shares of United Parcel Service, Inc. ( UPS ) over the last year.
Not only has UPS suffered a nearly 17% drop in share price in the last twelve months, it is also trailing its chief rival FedEx Corp. ( FDX ) by a wide margin. For further context as to how poorly UPS has performed, the S&P 500 Index has a total return of more than 26% during this period....
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United Parcel Service Offers Good Long-Term Value