Universal Truckload Services, Inc. (ULH) Given “Buy” Rating at Stifel Nicolaus
Stifel Nicolaus restated their buy rating on shares of Universal Truckload Services, Inc. (NYSE:ULH) in a research report released on Wednesday. Stifel Nicolaus currently has a $17.00 price target on the stock, down from their previous price target of $19.00.
Separately, Zacks Investment Research cut Universal Truckload Services from a hold rating to a sell rating in a report on Wednesday, September 28th.
Shares of Universal Truckload Services (NYSE:ULH) opened at 12.09 on Wednesday. The firm has a market cap of $343.53 million and a PE ratio of 9.85. The firm’s 50-day moving average is $13.40 and its 200-day moving average is $14.26. Universal Truckload Services has a 12-month low of $11.09 and a 12-month high of $18.31.
Universal Truckload Services (NYSE:ULH) last issued its earnings results on Thursday, July 28th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.33 by $0.01. The firm earned $276.80 million during the quarter, compared to analyst estimates of $253.95 million. During the same period in the prior year, the firm earned $0.44 EPS. The business’s revenue for the quarter was down 6.2% on a year-over-year basis. Equities analysts expect that Universal Truckload Services will post $1.21 earnings per share for the current fiscal year.
About Universal Truckload Services
Universal Logistics Holdings, Inc, formerly Universal Truckload Services, Inc, is an asset-light provider of 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. The Company’s operations aggregated in the transportation segment are associated with individual freight shipments coordinated by its agents, company-managed terminals and specialized services operations.
Receive News & Stock Ratings for Universal Truckload Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Truckload Services Inc. and related stocks with our FREE daily email newsletter.