Universal Logistics (ULH) to Release Quarterly Earnings on Thursday

Universal Logistics (NASDAQ:ULH) is projected to release its earnings data after the market closes on Thursday, April 24th. Analysts expect the company to announce earnings of $0.48 per share and revenue of $400.60 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Universal Logistics (NASDAQ:ULH) last announced its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.16). Universal Logistics had a net margin of 7.04% and a return on equity of 21.37%. During the same quarter last year, the business posted $0.81 earnings per share. On average, analysts expect Universal Logistics to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Universal Logistics Stock Performance

Shares of Universal Logistics stock opened at $25.61 on Thursday. The stock’s fifty day simple moving average is $26.97 and its 200 day simple moving average is $39.27. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $673.98 million, a PE ratio of 5.18 and a beta of 0.92. Universal Logistics has a 12 month low of $22.86 and a 12 month high of $53.29.

Universal Logistics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 3rd were given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date was Monday, March 3rd. Universal Logistics’s dividend payout ratio is currently 8.50%.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus increased their target price on Universal Logistics from $42.00 to $44.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd.

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.