Media coverage about Universal Logistics Holdings (NYSE:ULH) has trended positive on Wednesday, Accern Sentiment reports. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Universal Logistics Holdings earned a coverage optimism score of 0.46 on Accern’s scale. Accern also gave news articles about the transportation company an impact score of 46.8783352460336 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Universal Logistics Holdings (ULH) traded up 4.29% during mid-day trading on Wednesday, hitting $21.90. The stock had a trading volume of 8,967 shares. Universal Logistics Holdings has a one year low of $11.65 and a one year high of $22.44. The firm’s 50 day moving average price is $19.10 and its 200-day moving average price is $15.35. The company has a market cap of $622.88 million and a PE ratio of 42.12.
Universal Logistics Holdings (NYSE:ULH) last released its earnings results on Thursday, July 27th. The transportation company reported $0.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.01. The firm had revenue of $305.20 million during the quarter, compared to analyst estimates of $302.10 million. Universal Logistics Holdings had a net margin of 0.90% and a return on equity of 7.26%. On average, equities research analysts anticipate that Universal Logistics Holdings will post $0.73 earnings per share for the current fiscal year.
ULH has been the topic of a number of analyst reports. BidaskClub lowered Universal Logistics Holdings from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Stifel Nicolaus raised Universal Logistics Holdings from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Monday, July 31st. Zacks Investment Research raised Universal Logistics Holdings from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research report on Thursday, October 5th. Finally, Citigroup Inc. lifted their target price on Universal Logistics Holdings from $14.00 to $22.00 and gave the stock a “neutral” rating in a research 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 company. The stock presently has a consensus rating of “Buy” and an average price target of $23.00.
About Universal Logistics Holdings
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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