Universal Logistics (NASDAQ:ULH) Posts Quarterly Earnings Results, Misses Estimates By $0.16 EPS

Universal Logistics (NASDAQ:ULH) issued its earnings results on Thursday. The transportation company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.16), Zacks reports. Universal Logistics had a return on equity of 21.37% and a net margin of 7.04%. During the same quarter last year, the firm earned $0.81 EPS.

Universal Logistics Stock Performance

Shares of NASDAQ ULH opened at $34.53 on Friday. The stock has a fifty day moving average price of $45.78 and a two-hundred day moving average price of $44.31. The firm has a market cap of $908.83 million, a P/E ratio of 6.99 and a beta of 0.90. Universal Logistics has a 1 year low of $30.26 and a 1 year high of $53.29. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.36 and a current ratio of 1.36.

Universal Logistics Dividend Announcement

The business also recently declared 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 of this dividend is Monday, March 3rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.22%. Universal Logistics’s dividend payout ratio (DPR) is 8.50%.

Analysts Set New Price Targets

Separately, Stifel Nicolaus boosted their price target on shares of Universal Logistics from $42.00 to $44.00 and gave the company a “hold” rating in a 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.