Universal Logistics (NASDAQ:ULH) Releases Quarterly Earnings Results, Misses Expectations By $0.16 EPS

Universal Logistics (NASDAQ:ULH) released 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 period in the prior year, the firm posted $0.81 earnings per share.

Universal Logistics Price Performance

Shares of ULH opened at $42.95 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.75. The stock has a market cap of $1.13 billion, a PE ratio of 8.62 and a beta of 0.90. Universal Logistics has a 12-month low of $30.24 and a 12-month high of $53.29. The business has a 50-day simple moving average of $45.94 and a two-hundred day simple moving average of $44.32.

Universal Logistics Dividend Announcement

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

Analyst Ratings Changes

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

Universal Logistics Company Profile

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.