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

Universal Logistics (NASDAQ:ULH) posted its quarterly earnings data on Thursday. The transportation company reported $0.77 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 period last year, the company earned $0.81 earnings per share.

Universal Logistics Trading Down 1.6 %

NASDAQ:ULH traded down $0.68 on Thursday, hitting $42.95. The stock had a trading volume of 32,160 shares, compared to its average volume of 42,398. The company has a fifty day moving average price of $45.94 and a two-hundred day moving average price of $44.32. Universal Logistics has a 1-year low of $30.24 and a 1-year high of $53.29. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.75. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 8.62 and a beta of 0.90.

Universal Logistics Announces Dividend

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

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus lifted their price objective on Universal Logistics from $42.00 to $44.00 and gave the stock a “hold” rating in a research 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.