Universal Truckload Services, Inc. (ULH) Upgraded to Hold by Zacks Investment Research
According to Zacks, “Universal Truckload is a primarily non-asset based provider of transportation services to shippers throughout the United States and in the Canadian provinces of Ontario and Quebec. Their over-the-road trucking services include both flatbed and dry van operations and they provide rail-truck and steamship-truck intermodal support services. They also offer truck brokerage services, which allow them to supplement their capacity and provide their customers with transportation of freight not handled by their owner-operators. “
Shares of Universal Truckload Services (NYSE:ULH) opened at 11.12 on Tuesday. Universal Truckload Services has a 12 month low of $11.09 and a 12 month high of $18.31. The firm has a market cap of $315.96 million and a P/E ratio of 9.06. The stock’s 50 day moving average is $13.44 and its 200 day moving average is $14.27.
Universal Truckload Services (NYSE:ULH) last posted its earnings results on Thursday, July 28th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by $0.01. The firm earned $276.80 million during the quarter, compared to analysts’ expectations of $253.95 million. During the same quarter in the previous year, the business earned $0.44 earnings per share. The business’s revenue for the quarter was down 6.2% on a year-over-year basis. Equities research analysts expect that Universal Truckload Services will post $1.21 EPS for the current year.
Universal Truckload Services Company Profile
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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