Universal Logistics (ULH) Set to Announce Quarterly Earnings on Thursday

Universal Logistics (NASDAQ:ULH) is set to issue its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $0.73 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Universal Logistics (NASDAQ:ULH) last posted its quarterly earnings results on Thursday, February 15th. The transportation company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.71 by $0.10. The business had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $377.30 million. Universal Logistics had a net margin of 5.59% and a return on equity of 18.58%. On average, analysts expect Universal Logistics to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Universal Logistics Price Performance

ULH opened at $31.78 on Thursday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.58. Universal Logistics has a 1 year low of $20.85 and a 1 year high of $38.50. The stock has a fifty day moving average price of $34.25 and a 200 day moving average price of $29.08. The stock has a market cap of $836.13 million, a price-to-earnings ratio of 8.98 and a beta of 1.08.

Universal Logistics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Monday, March 4th were issued a $0.105 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.42 dividend on an annualized basis and a yield of 1.32%. Universal Logistics’s dividend payout ratio is currently 11.86%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. GSA Capital Partners LLP bought a new position in shares of Universal Logistics in the fourth quarter worth about $273,000. Barclays PLC increased its position in Universal Logistics by 318.5% in the 4th quarter. Barclays PLC now owns 10,999 shares of the transportation company’s stock worth $307,000 after buying an additional 8,371 shares during the period. Nuveen Asset Management LLC lifted its holdings in shares of Universal Logistics by 36.6% during the fourth quarter. Nuveen Asset Management LLC now owns 24,384 shares of the transportation company’s stock worth $683,000 after buying an additional 6,537 shares during the last quarter. Bridgeway Capital Management LLC boosted its position in shares of Universal Logistics by 3.7% in the fourth quarter. Bridgeway Capital Management LLC now owns 191,535 shares of the transportation company’s stock valued at $5,367,000 after acquiring an additional 6,824 shares during the period. Finally, Quadrature Capital Ltd grew its stake in shares of Universal Logistics by 8.3% in the fourth quarter. Quadrature Capital Ltd now owns 10,862 shares of the transportation company’s stock worth $304,000 after acquiring an additional 834 shares during the last quarter. 25.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on ULH. StockNews.com downgraded shares of Universal Logistics from a “buy” rating to a “hold” rating in a report on Wednesday. Stifel Nicolaus upgraded Universal Logistics from a “hold” rating to a “buy” rating and raised their target price for the company from $35.00 to $36.00 in a report on Wednesday, January 10th.

About Universal Logistics

Universal Logistics Holdings, Inc provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. The company offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services.