UPS Stock

Discussion in 'The Archives' started by wkmac, May 30, 2002.

  1. wkmac

    wkmac Guest

    Considering the events with the contract and the overall market sliding backwards I've felt UPS was holding up rather well. The down days have generally been light in volume but we tend to track upwards when volume approaches 1.5M in shares traded. What interest me in the last 2 days we've seen Yellow Freight and CF both announce rates increases over 5% and is the street starting to see a contract settlement in the very near future along with LTL volume transfer to UPS once a work stoppage is out of the picture? Just curious if anyone else has a thought on the current situation.
  2. gsx1990

    gsx1990 Guest

    Good to also see you back on this board along
    with DaBus. I surely hope a contract settlement
    is in the works soon.

  3. badhab1

    badhab1 Guest

    Another upgrade to buy with an 18 m. target of 80 seems to be giving us a boost early today.
  4. robonono

    robonono Guest

    Bear's 18 month target of $80 seems very optimistic to me, based on the current market conditions, but I sincerely hope that they are correct.
  5. dabusdrivr

    dabusdrivr Guest

    Bears target price of $80 seems a bit aggressive under current economic conditions. We could see $80 if 3 distinct things happen, we have a quick contract settlement, we get added to the S&P 500, and the economy shows positive signs of recovery. All these would have to happen closely for the stock to jump by 33%. I'd just be happy to see $70 once again.
  6. moreluck

    moreluck Guest

    The stock was up around $1.38 today....that's sure moving in the right direction!!
  7. gsx1990

    gsx1990 Guest

    Hopefully we will have a contract agreement.
    I think we can already rule out the word quick
    however. Its about to be June, and from what I
    have read, they haven't even gotten to the really
    hard parts yet. My own personal opinion is that
    we will not see an agreement till early July
    at the earliest.
  8. wkmac

    wkmac Guest

    Hey All,
    As for the stock today, nice rally with over 3 mil shares changing hands. As for projections of $80 per share in 18 months, I've seen estimates of $2.60 per share earnings for next year and our PE currently is 26 plus but has been as high as near 30 and with a 30 PE we are right at $80 per share so that may be the thinking here. I stopped and talked with a BD manager this morning in the parking lot about the Yellow Freight and CF rate increases and the effect it could have on UPS with LTL and more specific the 100 weight volume. Without going into details let's just say I walked in with a nice smile on my face and spring in my step and it wasn't because it was Friday either. I do think once the contract is nailed down our business is off to the races. JMO!

    BTW BadHab, was jawboning and laughing with another UPSer (GWARD) about you this evening during the Sort. Were your ears burning? LOL! Stop by one evening during the Sort. Would love to see you. And Bus, when is #99 gonna get a win? Rousch is coming on this year and Jeff is the only one left. Think of you everytime I see a motorhome. Take care all.

  9. afups

    afups Guest

    The market took a dive today.
    UPS is up to 61.47.
    Can we expect $64 to $65 by the end of June?
  10. lr1937

    lr1937 Guest

    Expectations in the market are almost as predictable as the weather. When ups had its best ever quarters the stock went down. Now with the contract problems and earnings somewhat declining the stock is rising. I have found that predicting stocks especially short term is an exercise in futility. However my SWAG would be in the words of the finacial world, "a move to the upside, going forward, may have merit based on the upside musings of Bare and Stern two of the most respected heferdust distributors on Wall Street." Going forward an $80 share price may be feasable if the trend in airfreight volume, economic recovery, consumer confidence, and factory goods continues in an upward pattern. However due to regulations we cannot garauntee anything based on these forward looking statements. Our consesus(bare & stern)estimate is "your guess is as good as ours.
  11. upsadvisor

    upsadvisor Guest

    I have been posting for some time that UPS was not and still does not trade at a fair level given the margins, growth and diversification of the revenue stream.

    This company should trade at a premium to its peers not at a discount or at par.

    $80.00 per share is a legitamate 18 month price target coming out of a recession and if the contact talks are settled.

    During a terrible year this stock and the company have performed above any expectations.

    Look at the chart and tell me where you would have liked to have had your money
    GE or UPS ?

    Its a fair comparison give the leadership and efficient way these two companies operate.

    The market prices companies on future earnings and the market is saying it thinks UPS is poised to go higher.
    60 was resistance and we look to be making a new base of support at 61.

    This is a $65 stock by the end of August provided the talks were settled ( obviously )

    Add to the position on any pull back you will not get the chance to buy it here again soon.

  12. afups

    afups Guest

    The market went to Hell today and UPS went up to 67. I predict, foolishly perhaps, that we will be up to 70 next week and that our new floor will soon be 71. Foolish or not, I am very happy to see us approach the highs reached during the IPO days. Long on UPS..............Bill