FY2024 Earnings Forecast for UL Solutions Inc. (NYSE:ULS) Issued By William Blair

UL Solutions Inc. (NYSE:ULS) – Analysts at William Blair issued their FY2024 earnings estimates for shares of UL Solutions in a research report issued to clients and investors on Tuesday, May 7th. William Blair analyst A. Nicholas anticipates that the company will earn $1.54 per share for the year. William Blair currently has a “Outperform” rating on the stock. William Blair also issued estimates for UL Solutions’ FY2025 earnings at $1.59 EPS and FY2026 earnings at $1.70 EPS.

A number of other equities research analysts have also recently weighed in on the stock. UBS Group started coverage on shares of UL Solutions in a research report on Tuesday. They set a “neutral” rating and a $38.00 price target for the company. Citigroup initiated coverage on UL Solutions in a report on Tuesday. They issued a “buy” rating and a $41.00 target price on the stock. JPMorgan Chase & Co. began coverage on UL Solutions in a research report on Tuesday. They set an “overweight” rating and a $39.00 target price on the stock. Jefferies Financial Group started coverage on shares of UL Solutions in a research note on Tuesday. They issued a “buy” rating and a $42.00 price target on the stock. Finally, Wells Fargo & Company assumed coverage on shares of UL Solutions in a research report on Tuesday. They set an “overweight” rating and a $40.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, UL Solutions has a consensus rating of “Moderate Buy” and an average price target of $40.30.

UL Solutions Stock Performance

Shares of NYSE ULS opened at $36.56 on Thursday. UL Solutions has a 12-month low of $33.15 and a 12-month high of $36.92.

Insider Buying and Selling at UL Solutions

In other UL Solutions news, CAO Karen K. Pepping bought 3,571 shares of the business’s stock in a transaction dated Tuesday, April 16th. The stock was acquired at an average cost of $28.00 per share, with a total value of $99,988.00. Following the purchase, the chief accounting officer now owns 3,571 shares in the company, valued at approximately $99,988. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CAO Karen K. Pepping purchased 3,571 shares of the stock in a transaction dated Tuesday, April 16th. The shares were acquired at an average cost of $28.00 per share, with a total value of $99,988.00. Following the purchase, the chief accounting officer now directly owns 3,571 shares in the company, valued at approximately $99,988. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Linda S. Chapin purchased 1,785 shares of the business’s stock in a transaction dated Tuesday, April 16th. The stock was bought at an average price of $28.00 per share, with a total value of $49,980.00. Following the acquisition, the executive vice president now directly owns 1,785 shares in the company, valued at $49,980. The disclosure for this purchase can be found here. In the last three months, insiders have bought 199,997 shares of company stock valued at $5,599,916.

About UL Solutions

UL Solutions Inc provides safety science services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building owners, end users, and regulators.