Introduction
United Parcel Service (NYSE:UPS) has had a rough quarter with its share price tumbling nearly 25%. The price decline associated with UPS was a result of an Amazon (NASDAQ:AMZN) announcement to launch their own package delivery service. While Amazon clearly caters to a massive customer base, I still believe UPS has a handful of qualitative aspects, as well as a relatively attractive quantitative evaluation and dividend to make them worthy of taking a second look at.
Qualitative Analysis
A key factor of whether or not a company is investment worthy is, of course, their financial stability. UPS has reduced their unfunded liability by $6,000 (in millions). This reduction is particularly attractive for investors, as that is $6,000 (in millions) worth of liabilities that won’t be taken out of earnings and/or shareholder equity. Any reduction of unfunded liabilities is something to take note of, especially those that amount to $6,000 (in millions).
