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

Universal Logistics (NASDAQ:ULH) will be releasing its earnings data after the market closes on Thursday, October 24th. Analysts expect Universal Logistics to post earnings of $1.18 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Universal Logistics (NASDAQ:ULH) last posted its earnings results on Thursday, July 25th. The transportation company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.03. The business had revenue of $462.16 million for the quarter, compared to analysts’ expectations of $461.60 million. Universal Logistics had a net margin of 7.23% and a return on equity of 22.84%. During the same period in the previous year, the company posted $0.90 earnings per share. On average, analysts expect Universal Logistics to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Universal Logistics Stock Performance

Universal Logistics stock opened at $45.49 on Thursday. The stock has a market cap of $1.20 billion, a P/E ratio of 9.93 and a beta of 0.83. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.66. Universal Logistics has a 52 week low of $20.85 and a 52 week high of $50.52. The stock has a 50 day moving average of $41.97 and a 200-day moving average of $41.32.

Universal Logistics Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Monday, September 2nd were paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date was Friday, August 30th. Universal Logistics’s payout ratio is 9.17%.

Analysts Set New Price Targets

Separately, StockNews.com cut Universal Logistics from a “buy” rating to a “hold” rating in a research report on Monday, August 12th.

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.