In the past week, ULH stock has gone up by 28.14%, with a monthly gain of 15.27% and a quarterly surge of 44.63%. The volatility ratio for the week is 4.86%, and the volatility levels for the last 30 days are 3.71% for Universal Logistics Holdings Inc The simple moving average for the past 20 days is 25.96% for ULH’s stock, with a 48.02% simple moving average for the past 200 days.
Is It Worth Investing in Universal Logistics Holdings Inc (NASDAQ: ULH) Right Now?
Universal Logistics Holdings Inc (NASDAQ: ULH) has a higher price-to-earnings ratio of 12.16x compared to its average ratio, The 36-month beta value for ULH is at 1.08. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for ULH is 6.65M, and currently, shorts hold a 1.59% of that float. The average trading volume for ULH on April 26, 2024 was 31.61K shares.
ULH) stock’s latest price update
The stock price of Universal Logistics Holdings Inc (NASDAQ: ULH) has surged by 30.51 when compared to previous closing price of 32.89, but the company has seen a 28.14% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-25 that Universal Logistics (ULH) came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.95 per share a year ago.
Analysts’ Opinion of ULH
Many brokerage firms have already submitted their reports for ULH stocks, with Stifel repeating the rating for ULH by listing it as a “Buy.” The predicted price for ULH in the upcoming period, according to Stifel is $36 based on the research report published on January 10, 2024 of the current year 2024.
Stifel, on the other hand, stated in their research note that they expect to see ULH reach a price target of $36. The rating they have provided for ULH stocks is “Hold” according to the report published on November 02nd, 2022.
Stifel gave a rating of “Buy” to ULH, setting the target price at $30 in the report published on August 02nd of the previous year.
ULH Trading at 25.04% from the 50-Day Moving Average
After a stumble in the market that brought ULH to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 11.50% of gains for the given period.
Volatility was left at 3.71%, however, over the last 30 days, the volatility rate increased by 4.86%, as shares surge +14.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.85% upper at present.
During the last 5 trading sessions, ULH rose by +25.79%, which changed the moving average for the period of 200-days by +38.85% in comparison to the 20-day moving average, which settled at $34.34. In addition, Universal Logistics Holdings Inc saw 53.20% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ULH starting from MOROUN MATTHEW T, who purchase 14,303,973 shares at the price of $24.62 back on Aug 01 ’23. After this action, MOROUN MATTHEW T now owns 11,866,015 shares of Universal Logistics Holdings Inc, valued at $352,096,587 using the latest closing price.
MOROUN MATTHEW T, the Director of Universal Logistics Holdings Inc, sale 14,303,973 shares at $24.62 during a trade that took place back on Aug 01 ’23, which means that MOROUN MATTHEW T is holding 0 shares at $352,096,587 based on the most recent closing price.
Stock Fundamentals for ULH
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.15 for the gross margin
The net margin for Universal Logistics Holdings Inc stands at 0.06. The total capital return value is set at 0.14. Equity return is now at value 18.98, with 7.49 for asset returns.
Based on Universal Logistics Holdings Inc (ULH), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.77. The interest coverage ratio of the stock is 6.39.
Currently, EBITDA for the company is 222.48 million with net debt to EBITDA at 2.78. When we switch over and look at the enterprise to sales, we see a ratio of 0.96. The receivables turnover for the company is 5.33for trailing twelve months and the total asset turnover is 1.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.39.
Conclusion
In conclusion, Universal Logistics Holdings Inc (ULH) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
