Price Over Earnings Overview: United Parcel Service
Portfolio Pulse from Benzinga Insights
United Parcel Service Inc. (NYSE:UPS) shares have increased by 1.66% to $133.69, with a monthly rise of 5.28% but a yearly decline of 14.23%. The company's P/E ratio of 21.45 is lower than the industry average of 25.43, suggesting potential undervaluation or lower future growth expectations.
September 26, 2024 | 2:45 pm
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UPS shares have risen by 1.66% to $133.69, with a P/E ratio of 21.45, lower than the industry average of 25.43. This could indicate undervaluation or lower growth expectations.
The increase in UPS's share price and its lower P/E ratio compared to the industry average suggest that the stock might be undervalued, which could attract investors looking for value opportunities. However, the lower P/E could also imply lower growth expectations, which might limit the upside potential.
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