Universal Logistics (ULH) closed at $33.79 last trading session, marking a -0.85% move from the previous day. This change lagged the S&P 500’s 0.75% gain on the day. Meanwhile, the Dow Jones gained 0.4% and the tech-heavy Nasdaq gained 10.36%.
As of today, shares of the trucking and logistics company have lost 5.8% over the past month. Meanwhile, the transportation sector lost 6.56%, while the S&P 500 lost 5.98%.
Universal Logistics will look to show strength ahead of its next earnings release. On that day, Universal Logistics is expected to report earnings of $1.31 per share, which would represent 42.39% year-over-year growth. Our most recent consensus estimate calls for quarterly revenue of $461.2 million, down 1.32% from the prior year period.
Investors should also note any recent changes to analyst estimates for Universal Logistics. These recent revisions tend to reflect the evolving nature of short-term trading trends. Thus, positive revisions to estimates reflect analysts’ optimism about the company’s business and profitability.
Based on our research, we believe that these estimate revisions are directly related to the team’s close stock movements. To benefit from this, we have developed the Zacks Rank, a proprietary model that takes into account these estimation changes and provides an actionable rating system.
The Zacks ranking system ranges from #1 (strong buy) to #5 (strong sell). It has a remarkable, externally audited track record of success, with No. 1 stocks delivering an average annual return of +25% since 1988. Over the past month, Zacks Consensus’ EPS estimate has remained stagnant. Universal Logistics currently sports a Zacks rank of #3 (Hold).
In terms of valuation, Universal Logistics is currently trading at a Forward P/E ratio of 6.2. Its industry sports an average Forward P/E of 12.49, so we can conclude that Universal Logistics is trading at a comparative discount.
The Transport – Services industry is part of the Transport sector. This group has a Zacks Industry ranking of 201, which places it in the bottom 21% of all 250+ industries.
The Zacks Industry Ranking assesses the strength of our industry groups by measuring the average Zacks Ranking of individual stocks within the groups. Our research shows that the top 50% of industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to track all of these stock movement metrics, and more, in future trading sessions.
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Universal Logistics Holdings, Inc. (ULH): Free Inventory Analysis Report
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