Universal Logistics Holdings Inc (ULH) to Release Earnings on Wednesday
Universal Logistics Holdings Inc (NYSE:ULH) is scheduled to be releasing its earnings data after the market closes on Wednesday, October 25th. Analysts expect Universal Logistics Holdings to post earnings of $0.22 per share for the quarter.
Universal Logistics Holdings (NYSE:ULH) last announced its quarterly earnings results on Thursday, July 27th. The transportation company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The business had revenue of $305.20 million for the quarter, compared to analyst estimates of $302.10 million. Universal Logistics Holdings had a net margin of 0.90% and a return on equity of 7.26%. On average, analysts expect Universal Logistics Holdings to post $0.73 EPS for the current fiscal year and $1.13 EPS for the next fiscal year.
Shares of Universal Logistics Holdings Inc (ULH) opened at 21.00 on Wednesday. The company has a market cap of $597.28 million and a price-to-earnings ratio of 40.38. Universal Logistics Holdings Inc has a one year low of $11.65 and a one year high of $22.44. The firm has a 50-day moving average of $19.10 and a 200-day moving average of $15.35.
ILLEGAL ACTIVITY WARNING: “Universal Logistics Holdings Inc (ULH) to Release Earnings on Wednesday” was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another site, it was stolen and reposted in violation of United States and international trademark and copyright law. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/10/18/universal-logistics-holdings-inc-ulh-to-release-earnings-on-wednesday.html.
ULH has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Universal Logistics Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Stifel Nicolaus raised shares of Universal Logistics Holdings from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research note on Monday, July 31st. BidaskClub raised shares of Universal Logistics Holdings from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Citigroup Inc. increased their target price on shares of Universal Logistics Holdings from $14.00 to $22.00 and gave the company a “neutral” rating in a research note on Friday, October 6th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $23.00.
An institutional investor recently raised its position in Universal Logistics Holdings stock. State Street Corp increased its stake in Universal Logistics Holdings Inc (NYSE:ULH) by 8.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 135,951 shares of the transportation company’s stock after buying an additional 10,263 shares during the period. State Street Corp owned 0.48% of Universal Logistics Holdings worth $2,044,000 as of its most recent SEC filing.
Universal Logistics Holdings Company Profile
Universal Logistics Holdings, Inc, formerly Universal Truckload Services, Inc, is an asset-light provider of customized transportation and logistics solutions across the United States, Mexico, Canada and Colombia. The Company operates through two segments: the transportation segment and the logistics segment.
Receive News & Ratings for Universal Logistics Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Logistics Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.