Universal Logistics (ULH) Projected to Post Quarterly Earnings on Thursday

Universal Logistics (NASDAQ:ULH) is expected to announce its earnings results before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.93 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Universal Logistics (NASDAQ:ULH) last posted its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates 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 period in the previous year, the company earned $0.81 earnings per share. On average, analysts expect Universal Logistics to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Universal Logistics Stock Down 0.9 %

Universal Logistics stock opened at $28.66 on Thursday. The stock’s 50 day moving average price is $44.56 and its 200 day moving average price is $44.04. The company has a market cap of $754.33 million, a PE ratio of 5.80 and a beta of 0.90. Universal Logistics has a 1-year low of $27.92 and a 1-year high of $53.29. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.36 and a quick ratio of 1.36.

Universal Logistics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 3rd will be given a dividend of $0.105 per share. The ex-dividend date is Monday, March 3rd. This represents a $0.42 dividend on an annualized basis and a yield of 1.47%. Universal Logistics’s payout ratio is 8.50%.

Analysts Set New Price Targets

Separately, Stifel Nicolaus upped their price objective on Universal Logistics from $42.00 to $44.00 and gave the company a “hold” rating in a research report 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.