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Universal Logistics (ULH) Gains But Lags Market: What You Should Know
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In the latest trading session, Universal Logistics (ULH - Free Report) closed at $33.96, marking a +1.52% move from the previous day. This change lagged the S&P 500's 1.75% gain on the day. Elsewhere, the Dow gained 1.05%, while the tech-heavy Nasdaq added 7.84%.
Heading into today, shares of the trucking and logistics company had lost 11.9% over the past month, lagging the Transportation sector's loss of 3.4% and the S&P 500's loss of 4.4% in that time.
Universal Logistics will be looking to display strength as it nears its next earnings release. On that day, Universal Logistics is projected to report earnings of $1.31 per share, which would represent year-over-year growth of 42.39%. Our most recent consensus estimate is calling for quarterly revenue of $461.2 million, down 1.32% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $6.40 per share and revenue of $2.02 billion. These totals would mark changes of +98.76% and +15.24%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Universal Logistics. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Universal Logistics is currently a Zacks Rank #1 (Strong Buy).
Valuation is also important, so investors should note that Universal Logistics has a Forward P/E ratio of 5.23 right now. This valuation marks a discount compared to its industry's average Forward P/E of 10.67.
The Transportation - Services industry is part of the Transportation sector. This group has a Zacks Industry Rank of 204, putting it in the bottom 20% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ULH in the coming trading sessions, be sure to utilize Zacks.com.
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Universal Logistics (ULH) Gains But Lags Market: What You Should Know
In the latest trading session, Universal Logistics (ULH - Free Report) closed at $33.96, marking a +1.52% move from the previous day. This change lagged the S&P 500's 1.75% gain on the day. Elsewhere, the Dow gained 1.05%, while the tech-heavy Nasdaq added 7.84%.
Heading into today, shares of the trucking and logistics company had lost 11.9% over the past month, lagging the Transportation sector's loss of 3.4% and the S&P 500's loss of 4.4% in that time.
Universal Logistics will be looking to display strength as it nears its next earnings release. On that day, Universal Logistics is projected to report earnings of $1.31 per share, which would represent year-over-year growth of 42.39%. Our most recent consensus estimate is calling for quarterly revenue of $461.2 million, down 1.32% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $6.40 per share and revenue of $2.02 billion. These totals would mark changes of +98.76% and +15.24%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Universal Logistics. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Universal Logistics is currently a Zacks Rank #1 (Strong Buy).
Valuation is also important, so investors should note that Universal Logistics has a Forward P/E ratio of 5.23 right now. This valuation marks a discount compared to its industry's average Forward P/E of 10.67.
The Transportation - Services industry is part of the Transportation sector. This group has a Zacks Industry Rank of 204, putting it in the bottom 20% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ULH in the coming trading sessions, be sure to utilize Zacks.com.