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

Universal Logistics (NASDAQ:ULH) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.93 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Universal Logistics (NASDAQ:ULH) last posted its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.16). Universal Logistics had a return on equity of 21.37% and a net margin of 7.04%. During the same period last year, the company posted $0.81 EPS. 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 Performance

ULH stock opened at $30.44 on Wednesday. The business’s fifty day moving average is $43.10 and its 200-day moving average is $43.69. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.75. The company has a market cap of $801.18 million, a P/E ratio of 6.16 and a beta of 0.90. Universal Logistics has a twelve month low of $27.92 and a twelve month high of $53.29.

Universal Logistics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 3rd will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Monday, March 3rd. Universal Logistics’s dividend payout ratio (DPR) is currently 8.50%.

Analyst Ratings Changes

Separately, Stifel Nicolaus increased their price target on Universal Logistics from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd.

Universal Logistics Company Profile

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.