Universal Logistics (ULH) Given Daily Coverage Optimism Rating of 0.37
News coverage about Universal Logistics (NASDAQ:ULH) has trended positive on Wednesday, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Universal Logistics earned a daily sentiment score of 0.37 on Accern’s scale. Accern also gave news coverage about the transportation company an impact score of 44.3862529484929 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Universal Logistics (NASDAQ ULH) opened at $24.85 on Wednesday. The company has a market cap of $700.77, a price-to-earnings ratio of 108.04 and a beta of 1.58. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.40. Universal Logistics has a 1-year low of $11.65 and a 1-year high of $25.65.
Universal Logistics (NASDAQ:ULH) last released its quarterly earnings data on Thursday, October 26th. The transportation company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.03. Universal Logistics had a net margin of 0.55% and a return on equity of 11.59%.
A number of research firms have recently weighed in on ULH. BidaskClub downgraded shares of Universal Logistics from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Zacks Investment Research downgraded shares of Universal Logistics from a “buy” rating to a “hold” rating in a research report on Thursday, December 28th. ValuEngine downgraded shares of Universal Logistics from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Citigroup raised their price target on shares of Universal Logistics from $14.00 to $22.00 and gave the stock a “neutral” rating in a research report on Friday, October 6th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $24.00 price target on shares of Universal Logistics in a research report on Sunday, October 1st. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $23.00.
In other Universal Logistics news, Director H.E. Wolfe sold 17,500 shares of Universal Logistics stock in a transaction on Sunday, November 5th. The shares were sold at an average price of $22.00, for a total value of $385,000.00. Following the completion of the transaction, the director now owns 35,065 shares of the company’s stock, valued at $771,430. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 71.00% of the company’s stock.
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About Universal Logistics
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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