Universal Logistics (ULH) Getting Positive Media Coverage, Analysis Shows
Media headlines about Universal Logistics (NASDAQ:ULH) have trended positive this week, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Universal Logistics earned a news impact score of 0.36 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 44.1537565196411 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Universal Logistics (NASDAQ ULH) opened at $24.65 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.40. The stock has a market capitalization of $674.29, a P/E ratio of 107.17 and a beta of 1.58. Universal Logistics has a 52-week low of $11.65 and a 52-week high of $24.95.
Several equities analysts have recently issued reports on ULH shares. BidaskClub downgraded Universal Logistics from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 18th. Citigroup boosted their price objective on Universal Logistics from $14.00 to $22.00 and gave the stock a “neutral” rating in a research report on Friday, October 6th. ValuEngine downgraded Universal Logistics from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded Universal Logistics from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $24.00 price objective on shares of Universal Logistics in a research report on Sunday, October 1st. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $23.00.
In other Universal Logistics news, Director H.E. Wolfe sold 17,500 shares of the company’s stock in a transaction that occurred on Sunday, November 5th. The stock was sold at an average price of $22.00, for a total value of $385,000.00. Following the completion of the sale, the director now directly owns 35,065 shares in the company, valued at $771,430. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 71.00% of the company’s stock.
About Universal Logistics
Universal Logistics Holdings, Inc, formerly Universal Truckload Services, Inc, is an asset-light provider of customized 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.
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