Founded in 1907, United Parcel Service is a private messenger and delivery service company based in Seattle, Washington. Today, UPS is the world's largest package delivery company, a leader in the U.S. less-than-truckload industry, and a premier provider of global supply chain management solutions. Each business day, the company delivers packages for 1.5 million shipping customers to 7.9 million consignees in more than 220 countries and territories. As a global logistics leader, the company creates value for its customers by reducing costs, improving service, and providing highly customizable supply chain control and visibility solutions. Customers are attracted to the company's extensive set of services, which are delivered as promised through its integrated global network of ground, air, and ocean transportation.
UPS exhibits a strongly bearish technical picture with multiple confirmed breakdowns below all major moving averages and high-volume selling pressure.
UPS appears fairly valued to slightly undervalued with PE-TTM of 15.86 below market average, elevated PB ratio of 5.45 reflecting brand value, and reasonable PS-TTM of 0.98 for capital-intensive logistics business.
