Universal Truckload Services, Inc. (NYSE:ULH) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating. Universal Truckload Services’ rating score has improved by 40.1% in the last three months as a result of a number of analysts’ upgrades and downgrades.
Brokers have set a 12-month consensus price objective of $15.50 for the company and are predicting that the company will post $0.18 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Universal Truckload Services an industry rank of 239 out of 265 based on the ratings given to related companies.
Several research analysts have recently commented on ULH shares. Stifel Nicolaus reissued a “buy” rating and issued a $17.00 price objective (down from $19.00) on shares of Universal Truckload Services in a research note on Wednesday, October 5th. Zacks Investment Research raised shares of Universal Truckload Services from a “sell” rating to a “hold” rating in a research note on Tuesday, October 4th.
Universal Truckload Services (NYSE:ULH) opened at 12.28 on Thursday. The stock has a 50 day moving average price of $13.27 and a 200-day moving average price of $14.13. The firm has a market cap of $348.92 million and a P/E ratio of 10.00. Universal Truckload Services has a 1-year low of $11.09 and a 1-year high of $18.31.
Universal Truckload Services (NYSE:ULH) last announced its earnings results on Thursday, July 28th. The company reported $0.32 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by $0.01. The firm had revenue of $276.80 million for the quarter, compared to the consensus estimate of $253.95 million. During the same quarter in the previous year, the company earned $0.44 earnings per share. The company’s revenue for the quarter was down 6.2% on a year-over-year basis. Equities research analysts forecast that Universal Truckload Services will post $1.12 EPS for the current 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.
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