Headlines about Universal Logistics Holdings (NYSE:ULH) have trended positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Universal Logistics Holdings earned a news impact score of 0.43 on Accern’s scale. Accern also gave media headlines about the transportation company an impact score of 47.0173970392714 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have impacted Accern’s analysis:
- Universal Logistics Holdings’ (ULH) CEO Jeff Rogers on Q3 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Edited Transcript of ULH earnings conference call or presentation 27-Oct-17 2:00pm GMT (finance.yahoo.com)
- Universal Logistics Holdings, Inc. Reports Third Quarter 2017 Financial Results (finance.yahoo.com)
- Universal Truckload reports 3Q loss (finance.yahoo.com)
ULH has been the topic of several analyst reports. BidaskClub downgraded Universal Logistics Holdings from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 18th. Stifel Nicolaus upgraded Universal Logistics Holdings from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Monday, July 31st. Zacks Investment Research upgraded Universal Logistics Holdings from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a report on Thursday, October 5th. Finally, Citigroup Inc. raised their target price on Universal Logistics Holdings from $14.00 to $22.00 and gave the company a “neutral” rating in a report on Friday, October 6th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $23.00.
Shares of Universal Logistics Holdings (NYSE:ULH) traded down 1.39% during midday trading on Monday, hitting $21.25. The company had a trading volume of 20,799 shares. The company’s 50 day moving average is $20.31 and its 200 day moving average is $15.88. The firm has a market cap of $604.39 million and a price-to-earnings ratio of 40.87. Universal Logistics Holdings has a one year low of $11.65 and a one year high of $22.44.
Universal Logistics Holdings (NYSE:ULH) last released its quarterly earnings results on Thursday, July 27th. The transportation company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. The company had revenue of $305.20 million during the quarter, compared to the consensus estimate of $302.10 million. Universal Logistics Holdings had a return on equity of 7.26% and a net margin of 0.90%. Equities analysts forecast that Universal Logistics Holdings will post $0.56 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 16th. Investors of record on Monday, November 6th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, November 3rd. This represents a $0.28 annualized dividend and a yield of 1.32%.
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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.
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