Universal Logistics (ULH) to Release Earnings on Thursday

Universal Logistics (NASDAQ:ULH) is scheduled to be releasing its earnings data after the market closes on Thursday, April 25th. Analysts expect Universal Logistics to post earnings of $0.73 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Universal Logistics (NASDAQ:ULH) last issued its quarterly earnings results on Thursday, February 15th. The transportation company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.10. The company had revenue of $390.92 million during the quarter, compared to the consensus estimate of $377.30 million. Universal Logistics had a return on equity of 18.58% and a net margin of 5.59%. 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

Shares of ULH opened at $33.50 on Tuesday. The company has a market cap of $881.39 million, a PE ratio of 9.46 and a beta of 1.08. The business has a fifty day moving average of $34.34 and a 200 day moving average of $29.30. Universal Logistics has a 52-week low of $20.85 and a 52-week high of $38.50. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.58.

Universal Logistics Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Monday, March 4th were given 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 1.25%. Universal Logistics’s dividend payout ratio is presently 11.86%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on ULH shares. Stifel Nicolaus upgraded Universal Logistics from a “hold” rating to a “buy” rating and increased their target price for the stock from $35.00 to $36.00 in a research note on Wednesday, January 10th. StockNews.com lowered Universal Logistics from a “buy” rating to a “hold” rating in a research note on Wednesday, April 17th.

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.