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

Universal Logistics (NASDAQ:ULH) announced its quarterly earnings results on Thursday. The transportation company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate 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 quarter in the prior year, the company earned $0.81 EPS.

Universal Logistics Price Performance

ULH traded down $0.68 during midday trading on Thursday, hitting $42.95. The company had a trading volume of 32,160 shares, compared to its average volume of 42,398. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market capitalization of $1.13 billion, a PE ratio of 8.62 and a beta of 0.90. Universal Logistics has a twelve month low of $30.24 and a twelve month high of $53.29. The firm’s 50-day simple moving average is $45.94 and its 200-day simple moving average is $44.32.

Universal Logistics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 3rd will be given a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.98%. Universal Logistics’s payout ratio is presently 8.43%.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus lifted their price target on shares of Universal Logistics from $42.00 to $44.00 and gave the company a “hold” rating in a report 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.