Universal Logistics (NASDAQ:ULH) Announces Earnings Results, Misses Estimates By $0.16 EPS

Universal Logistics (NASDAQ:ULH) posted its earnings results on Thursday. The transportation company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.16), Zacks reports. Universal Logistics had a net margin of 7.40% and a return on equity of 22.26%. During the same quarter last year, the business earned $0.81 earnings per share.

Universal Logistics Stock Performance

Universal Logistics stock traded down $0.68 during mid-day trading on Thursday, reaching $42.95. The company had a trading volume of 32,160 shares, compared to its average volume of 42,398. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.75. Universal Logistics has a 52 week low of $30.24 and a 52 week high of $53.29. The company has a 50 day moving average of $45.94 and a 200-day moving average of $44.32. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 8.62 and a beta of 0.90.

Universal Logistics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 3rd will be issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.98%. Universal Logistics’s dividend payout ratio (DPR) is presently 8.43%.

Wall Street Analysts Forecast Growth

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

About Universal Logistics

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.