Universal Logistics (NASDAQ:ULH) Issues Quarterly Earnings Results

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

Universal Logistics Stock Down 1.6 %

Shares of NASDAQ:ULH traded down $0.68 during trading hours on Thursday, reaching $42.95. The stock had a trading volume of 32,160 shares, compared to its average volume of 42,398. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 8.62 and a beta of 0.90. The firm’s 50 day moving average is $45.94 and its 200-day moving average is $44.32. Universal Logistics has a 1 year low of $30.24 and a 1 year high of $53.29. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.36 and a current ratio of 1.36.

Universal Logistics Dividend Announcement

The company 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 dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.98%. Universal Logistics’s dividend payout ratio (DPR) is presently 8.43%.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus boosted their target price on Universal Logistics from $42.00 to $44.00 and gave the stock 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.