UPS Stock Forecast: Where Is It Heading In 2022? - Seeking Alpha
United Parcel Service, Inc. (NYSE:
UPS) is the largest package delivery company in the world, moving over 25 million packages per day with operations in more than 220 countries. The company has benefited from a surge of demand over the last several years given the ongoing shift towards e-commerce along with supply chain disruptions during the pandemic likely making ground and air transportation more important than ever. Indeed, the company just reported its latest quarterly result capping off a record year for growth and earnings defined by impressive financial efficiency. UPS is a rewarding shareholder with a big dividend increase while offering positive guidance for the year ahead. While shares have been stuck in a relatively tight range over the past several months, we are bullish on the stock and expect a breakout higher.
