Universal Truckload Services, Inc. (NYSE:ULH) – Stock analysts at KeyCorp decreased their Q3 2016 earnings per share estimates for shares of Universal Truckload Services in a note issued to investors on Thursday. KeyCorp analyst T. Fowler now expects that the firm will post earnings per share of $0.18 for the quarter, down from their prior estimate of $0.28.
A number of other analysts also recently commented on ULH. Zacks Investment Research upgraded shares of Universal Truckload Services from a “sell” rating to a “hold” rating in a report on Wednesday, August 24th. Stifel Nicolaus reiterated a “buy” rating and issued a $17.00 target price (down from $19.00) on shares of Universal Truckload Services in a report on Wednesday, October 5th.
Universal Truckload Services (NYSE:ULH) opened at 12.24 on Monday. The stock has a market cap of $347.79 million and a P/E ratio of 9.97. The firm’s 50-day moving average is $13.23 and its 200-day moving average is $14.12. 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 posted its quarterly earnings results on Thursday, July 28th. The company reported $0.32 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.33 by $0.01. The business had revenue of $276.80 million for the quarter, compared to the consensus estimate of $253.95 million. The firm’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.44 earnings per share.
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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