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

Universal Logistics (NASDAQ:ULHGet Free Report) will issue its quarterly earnings data after the market closes on Thursday, February 15th. Analysts expect the company to announce earnings of $0.71 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Universal Logistics Trading Up 2.2 %

Universal Logistics stock opened at $32.10 on Tuesday. The company has a 50 day moving average price of $28.62 and a 200 day moving average price of $26.89. Universal Logistics has a 52 week low of $20.85 and a 52 week high of $33.30. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.36 and a current ratio of 1.36. The firm has a market capitalization of $843.59 million, a price-to-earnings ratio of 7.93 and a beta of 1.07.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ULH shares. StockNews.com downgraded shares of Universal Logistics from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Stifel Nicolaus upgraded shares of Universal Logistics from a “hold” rating to a “buy” rating and raised their price target for the company from $35.00 to $36.00 in a report on Wednesday, January 10th.

Get Our Latest Research Report on ULH

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ULH. Bank of New York Mellon Corp raised its holdings in Universal Logistics by 3.4% in the 1st quarter. Bank of New York Mellon Corp now owns 174,476 shares of the transportation company’s stock worth $3,516,000 after acquiring an additional 5,784 shares during the period. Dimensional Fund Advisors LP raised its holdings in Universal Logistics by 2.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 670,525 shares of the transportation company’s stock worth $13,513,000 after acquiring an additional 18,919 shares during the period. Vanguard Group Inc. grew its position in Universal Logistics by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 333,886 shares of the transportation company’s stock worth $6,727,000 after purchasing an additional 8,148 shares during the last quarter. Engineers Gate Manager LP acquired a new stake in Universal Logistics in the 1st quarter worth $250,000. Finally, State Street Corp grew its position in Universal Logistics by 2.9% in the 1st quarter. State Street Corp now owns 136,148 shares of the transportation company’s stock worth $2,758,000 after purchasing an additional 3,817 shares during the last quarter. Institutional investors own 24.65% of the company’s stock.

Universal Logistics Company Profile

(Get Free Report)

Universal Logistics Holdings, Inc provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services.

Further Reading

Earnings History for Universal Logistics (NASDAQ:ULH)

Receive News & Ratings for Universal Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Logistics and related companies with MarketBeat.com's FREE daily email newsletter.