Universal Logistics (NASDAQ:ULH – Get Free Report) posted its quarterly earnings results on Thursday. The transportation company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.03, Zacks reports. Universal Logistics had a net margin of 7.23% and a return on equity of 23.55%. The business had revenue of $462.16 million for the quarter, compared to analyst estimates of $461.60 million. During the same quarter last year, the business posted $0.90 EPS.
Universal Logistics Price Performance
Universal Logistics stock traded down $1.96 during mid-day trading on Friday, reaching $43.08. The company had a trading volume of 42,073 shares, compared to its average volume of 45,490. The business has a fifty day simple moving average of $42.05 and a 200 day simple moving average of $37.68. The company has a market cap of $1.13 billion, a P/E ratio of 9.41 and a beta of 0.82. Universal Logistics has a fifty-two week low of $20.85 and a fifty-two week high of $50.52. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.58.
Universal Logistics Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Monday, September 2nd will be given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date is Friday, August 30th. Universal Logistics’s dividend payout ratio is 9.17%.
Analyst Ratings Changes
View Our Latest Research Report on ULH
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.
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