How to Buy United Parcel Service – Class B Stock to Invest in UPS? Step-by-Step Guide

Buying United Parcel Service – Class B stock (NYSE: UPS) allows you to gain exposure to the growth potential of United Parcel Service – Class B, one of the leading companies in the Air Freight/Couriers industry. The process of buying United Parcel Service – Class B stocks involves creating and funding a brokerage account and allocating the amount of funds to UPS you’re comfortable investing.

One of the most convenient ways to invest in UPS is to buy United Parcel Service – Class B stock on eToro, a leading online trading platform where users can buy, sell, and trade more than 3,000 different stocks.

United Parcel Service – Class B’s company profile

NameUnited Parcel Service – Class BSymbolUPSCEODavid P. AbneyCountryUSTotal Employees495,000SectorTransportationIndustryAir Freight/Couriers

How to buy United Parcel Service – Class B stock in 3 steps

In this article, we will provide a step-by-step guide on how to buy United Parcel Service – Class B stock, including creating an account on eToro, choosing the appropriate order type, making a purchase, and keeping track of your investment. With this information, you’ll have the right knowledge and confidence required to start investing in United Parcel Service – Class B (UPS).

  1. Research your United Parcel Service – Class B stock investment
  2. Set your investment budget
  3. Buy United Parcel Service – Class B stock on eToro

Let’s get started!

1. Research your United Parcel Service – Class B stock investment

Before buying UPS, or any of the other stocks, it is advisable to check the company’s financials to gain a sense of how the recent business results and market trends could impact the price of the stock going forward. In addition to the financials, which can be classified as fundamental factors, you should also pay attention to the stock’s technicals before even thinking of how to invest in United Parcel Service – Class B stocks.

United Parcel Service – Class B financials

You can check the most important United Parcel Service – Class B financials in the chart below (note that TTM stands for “trailing 12 months”):

PE Ratio (TTM)13.27EPS (TTM)13.2DIV PS TTM (YIELD)6.06163Outstanding Shares854.45MMarket Cap$ 130.86BAll-time High$ 232.17

United Parcel Service – Class B technical data

At the moment, UPS stock is trading below the 200-day simple moving average (SMA), which is considered a bearsih signal. In addition, the price of United Parcel Service – Class B stock is currently below the 50-day SMA, which is a bearsih indicator. Meanwhile, the Relative Strength Index (RSI), a popular market momentum indicator, is at 40.8893, which suggests that UPS is trading in a neutral zone. All in all, 2 technical analysis indicators signal bullish activity, and 24 signal bearish activity for the UPS stock.

According to the technical indicators outlined above, the price of United Parcel Service – Class B stock is predicted to increase by 2.42% in the next five days and hit $ 156.86 on Oct 26, 2023.

On a monthly basis, United Parcel Service – Class B stock is expected to gain 11.34% and reach $ 170.52 on Nov 22, 2023.

Read more  Investment Proposal Template

In the medium to long term, United Parcel Service – Class B stock could gaine 24.94% and trade at $ 191.34 on Apr 22, 2024. In the next year, our stock price prediction algorithm forecasts UPS to gaine 16.22% and reach $ 177.99 on Oct 24, 2024.

Over the next 12 months, United Parcel Service – Class B stock is expected to trade at a high of $ 225.66 on Jun 22, 2024, and expected to hit a bottom of $ 152.82 on Oct 28, 2023.

Today’s UPS Price$ 153.155-Day UPS Prediction$ 156.861-Month UPS Prediction$ 170.526-Month UPS Prediction$ 191.341-Year UPS Prediction$ 177.99

2. Set your UPS investment budget

Before skipping to the section that covers how to buy United Parcel Service – Class B shares, you should have a clear plan and a ready-to-execute investing strategy in mind. Otherwise, you risk making emotionally-driven and sudden decisions that could have a detrimental effect on your investing performance.

How much should you invest in UPS?

The saying “never invest more than you are willing to lose” is a wise piece of advice for anyone considering investing their hard-earned money. Investing always carries some degree of risk, whether you’re putting your money in UPS, some other stock, gold, or into Bitcoin and other crypto assets.

Let’s take a look at how many UPS shares you would get if you invested at the current United Parcel Service – Class B stock price on eToro of $ 153.15.

InvestmentAmount of UPS shares$ 10,00065.30$ 5,000.0032.65$ 2,500.0016.32$ 1,000.006.53$ 500.003.26$ 100.000.65

What’s United Parcel Service – Class B’s stock price?

United Parcel Service – Class B stock is currently trading at $ 153.15, up 0.28% over the last 24 hours. In the same time period, $ 1.60M worth of UPS changed hands on the NYSE New York exchange.

United Parcel Service – Class B stock’s last price was $ 153.15, whereas the previous close was $ 152.06.

The price of United Parcel Service – Class B stock decreased by -3.08% in the last month. Additionally, United Parcel Service – Class B stock’s price decreased by -18.48% in the past three months and declined by -7.49% in the past year.

UPS is changing hands -34.04% removed from its all-time high of $ 232.17, which the United Parcel Service – Class B stock reached on Feb 03, 2022.

According to our UPS historical prices data, the United Parcel Service – Class B stock price has increased by 166.26% since 2005.

Why should you practice portfolio diversification?

Placing all your financial resources in one venture exposes you to significant risk. If that particular asset underperforms and loses its value, you may lose your entire investment. Therefore, it’s wise to spread your investments across multiple assets to reduce the risk of a single failure wiping out your entire portfolio. Diversifying your holdings is one of the best ways to mitigate risk and safeguard your capital.

Which investment strategy should you choose?

Novice investors are recommended to use a simple but proven dollar-cost averaging (DCA) investment strategy, which alleviates the stress of when to buy Apple stock and how much to spend. More experienced investors can try to time the market or engage in technical analysis and use trend lines to become more proficient at entering and exiting positions.

1. Buy United Parcel Service – Class B stock on eToro

The process of buying United Parcel Service – Class B stock on eToro is very straightforward and can be completed in just a couple of clicks. Thanks to eToro’s beginner-friendly user interface, even beginner investors shouldn’t have any problems purchasing the stock they want.

Step 1: Register an account on eToro

In order to buy United Parcel Service – Class B stock on eToro, you first need to register a free account. You will have to enter your preferred username, password, and email address, or signup with your Facebook or Google credentials. Next, you’ll have to provide your real name, address, and other personal information.

In addition, you’ll have to fill out various trading information, including your trading experience, how much you’re willing to invest, what’s your source of income, and more. You’ll have to complete a short quiz designed to test out your trading knowledge as well.

Open eToro Account

Your capital is at risk.

Step 2: Fund your eToro account

Next, you need to deposit funds into your eToro account. The platform supports a number of deposit options, including:

  • Credit/Debit Card (Visa/MasterCard/Maestro)
  • Regular Bank Transfer
  • PayPal (activates after first deposit)
Read more  Dos and Don’ts in the primary market: Investor Beware

Users can choose between four different fiat currencies: USD, EUR, GBP, and AUD.

Step 3: Search for the stock you want to buy – United Parcel Service – Class B (UPS)

After completing the account registration process, you can proceed by searching for the stock you want to buy. Simply enter the name or ticker of the stock you want to buy in the search field at the top of the screen. Since we’re buying United Parcel Service – Class B stock, you can search either for “United Parcel Service – Class B” or the stock ticker, “UPS”.

Step 4: Make a buy order for United Parcel Service – Class B stock

Decide whether to choose a Market or Limit order when buying United Parcel Service – Class B stock. Here’s a brief overview of each order type:

Buying UPS using Market Order: Market orders (called “Trade” on eToro) are used when the investor wants to buy or sell a particular stock or some other asset as quickly as possible without regard to the specific price at which the order is executed.

When a market order is placed, the investor is essentially requesting that their broker execute the trade immediately, at the best available price. This means that the order will be filled as soon as possible, regardless of the price. Market orders are commonly used by traders who need to execute a trade quickly and are willing to accept the current market price.

Buying UPS using Limit Order: The limit order (called “Order” on eToro) specifies the price at which the investor is willing to buy the stock.

Unlike market orders, which are executed immediately at the current market price, a limit order is executed only when the asset reaches the specified price. This allows traders to set a maximum purchase price or minimum sale price, thereby providing greater control over the trade execution. Limit orders may take longer to execute than market orders, and there is no guarantee that the order will be filled if the specified price is not reached.

How to sell United Parcel Service – Class B stock

The process of selling United Parcel Service – Class B stock is just as straightforward as buying it – you need to log in to your eToro account, find your United Parcel Service – Class B stock position in the portfolio, and click on the “Trade” button.

Next, you have to decide between the market sell order and the limit sell order. The main difference between the two is that with the market order, you’re selling your United Parcel Service – Class B stock at the current price, whereas using the limit order allows you to enter the price at which UPS will be sold automatically once reached.

Here’s a quick step-by-step breakdown of the United Parcel Service – Class B stock selling process:

  1. Log in to your eToro account on the eToro website or mobile app.
  2. Go to the “Portfolio” tab.
  3. Find the United Parcel Service – Class B stock in your portfolio and click on the “Trade” button next to it.
  4. Switch to the “Sell” tab.
  5. Choose the amount or number of shares you want to sell.
  6. Review the details of the sale, including the current price, market/limit order type, as well as “Stop Loss” and “Take Profit” options.
  7. Click on the “Set Order” button to execute your sell order.

Once you sell your United Parcel Service – Class B stock, the corresponding amount of fiat currency will be deposited into your eToro account.

Buying United Parcel Service – Class B stock FAQs

Should you buy United Parcel Service – Class B stock?

Whether United Parcel Service – Class B stock is a good buy depends primarily on your personal investment approach. However, looking at the technical analysis data for United Parcel Service – Class B can still help make your decision about buying shares of United Parcel Service – Class B easier.

According to the market indicators tracked by CoinCodex, 2 indicators are signaling bullish activity, while 24 are signaling bearish activity.

Read more  How to Invest in Stocks and Bonds in Nigeria

Per our algorithmic United Parcel Service – Class B stock forecast, UPS’s price could see an increase of 2.42% over the next five days and reach $ 156.86 on Oct 26, 2023. In the next month, United Parcel Service – Class B stock is forecasted to gain 11.34% and hit $ 170.52 on Nov 22, 2023.

On a longer time horizon, United Parcel Service – Class B stock could gain 24.94% and change hands at $ 191.34 on Apr 22, 2024. In the 12-month period, UPS is expected to gain 16.22% and reach $ 177.99 on Oct 24, 2024.

Should I sell my United Parcel Service – Class B stock?

If you are thinking about selling United Parcel Service – Class B stock, you should first evaluate the company’s long-term prospects and potential for market growth. Acting on short-term market fluctuations can be costly and goes against the old adage: “Time in the market beats timing the market.”

Here are some pointers you should consider when deciding to sell United Parcel Service – Class B stock:

  • Financial performance: Consider market share, revenue growth, earnings, and cash flow
  • Industry and market trends: Evaluate the industry and market trends that are impacting the company and its competitors.
  • Competitive advantage: Look at the company’s products or services, customer base, and brand strength.
  • Valuation: Consider the stock’s valuation and whether it’s trading at a fair price (examine P/E and other important metrics).
  • Dividends: This can be an important factor for investors looking for a source of regular income, and alleviates short-term stock price volatility.
  • Risks: Asses market risks, industry risks, and company-specific risks and how they could impact your portfolio.

Does Apple pay dividends?

Yes, United Parcel Service – Class B pays dividends to its shareholders. United Parcel Service – Class B’s twelve-month trailing dividend rate is 6.06163.

How much is United Parcel Service – Class B’s dividend per share?

In the trailing 12-month period, United Parcel Service – Class B’s dividend per share rate was 6.06163, with a dividend yield of 3.36%.

Is United Parcel Service – Class B stock overvalued or undervalued?

You can use a range of metrics and analyses to help determine whether United Parcel Service – Class B stock is undervalued or overvalued. These may include factors such as the company’s financial performance, earnings growth, price-to-earnings (P/E) ratio, price-to-book (P/B) ratio, and dividend yield.

The relative strength index (RSI), a popular metric that examines a 14-day moving average of a stock’s gains on its up days, in relation to losses on its down days, is one of the most popular ways of assessing whether United Parcel Service – Class B stock is overbought or oversold. The RSI is considered overbought when above 70 and oversold when below 30. The current UPS RSI is 40.8893, suggesting that United Parcel Service – Class B stock is neutral.

The investor sentiment for United Parcel Service – Class B stock is presently bearish, which could suggest that investors believe that United Parcel Service – Class B will drop lower in the near future.

How many United Parcel Service – Class B shares are outstanding?

According to United Parcel Service – Class B’s latest financial reports, there are 854.45M United Parcel Service – Class B shares outstanding.

Outstanding shares refer to the total number of shares of a company’s stock that are currently owned by shareholders, including both institutional and individual investors

What does United Parcel Service – Class B company do?

United Parcel Service, Inc. operates as a logistics and package delivery company providing supply chain management services. Its logistics services include transportation, distribution, contract logistics, ground freight, ocean freight, air freight, customs brokerage, insurance, and financing. The company operates through the following segments: U.S. Domestic Package, International Package, and Supply Chain and Freight. The U.S. Domestic Package segment offers a full spectrum of U.S. domestic guaranteed ground and air package transportation services. The International Package segment includes small package operations in Europe, Asia-Pacific, Canada and Latin America, Indian sub-continent, and the Middle East and Africa. The Supply Chain and Freight segment offers transportation, distribution, and international trade and brokerage services. The company was founded by James E. Casey and Claude Ryan on August 28, 1907 and is headquartered in Atlanta, GA.