News headlines about Universal Logistics (NASDAQ:ULH) have been trending positive on Sunday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Universal Logistics earned a news impact score of 0.32 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 44.5366620372504 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several brokerages recently issued reports on ULH. BidaskClub raised Universal Logistics from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 12th. ValuEngine lowered Universal Logistics from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Stifel Nicolaus reaffirmed a “buy” rating and set a $24.00 target price on shares of Universal Logistics in a research report on Sunday, October 1st. Zacks Investment Research raised Universal Logistics from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. Finally, Citigroup lifted 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. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. Universal Logistics presently has a consensus rating of “Hold” and an average target price of $23.00.
Universal Logistics (ULH) traded down $0.05 during mid-day trading on Friday, hitting $23.75. The stock had a trading volume of 20,530 shares, compared to its average volume of 29,069. Universal Logistics has a 1 year low of $11.65 and a 1 year high of $24.65. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.10 and a current ratio of 1.10. The company has a market cap of $673.81, a price-to-earnings ratio of 103.26 and a beta of 1.58.
In other news, Director H.E. Wolfe sold 17,500 shares of Universal Logistics stock in a transaction dated 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 transaction, the director now directly owns 35,065 shares of the company’s stock, valued at approximately $771,430. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 71.00% of the company’s stock.
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Universal Logistics Company Profile
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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