Universal Logistics (ULH) Rating Increased to Hold at BidaskClub

Share on StockTwits

Universal Logistics (NASDAQ:ULH) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Wednesday.

A number of other research firms also recently commented on ULH. Loop Capital dropped their target price on shares of Universal Logistics to $31.00 and set a “hold” rating on the stock in a research report on Monday, October 29th. Citigroup lowered their price objective on shares of Universal Logistics from $37.00 to $34.00 and set a “neutral” rating on the stock in a research report on Monday, October 29th. Finally, ValuEngine downgraded shares of Universal Logistics from a “buy” rating to a “hold” rating in a research report on Monday, October 29th. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $32.25.

NASDAQ ULH opened at $23.56 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $662.75 million, a P/E ratio of 32.27 and a beta of 1.80. Universal Logistics has a 12 month low of $17.40 and a 12 month high of $37.67.

Several hedge funds and other institutional investors have recently made changes to their positions in ULH. Ibex Investors LLC acquired a new position in Universal Logistics during the third quarter worth about $209,000. MetLife Investment Advisors LLC acquired a new position in Universal Logistics during the third quarter worth about $231,000. Alliancebernstein L.P. acquired a new position in Universal Logistics during the third quarter worth about $236,000. Globeflex Capital L P acquired a new position in Universal Logistics during the third quarter worth about $265,000. Finally, Stone Ridge Asset Management LLC acquired a new position in Universal Logistics during the third quarter worth about $282,000. Hedge funds and other institutional investors own 28.61% of the company’s stock.

Universal Logistics Company Profile

Universal Logistics Holdings, Inc provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It offers transportation services including dry van, flatbed, heavy haul, and refrigerated services; domestic and international freight forwarding and customs brokerage services; and final mile and ground expedite services.

Read More: What do I need to know about analyst ratings?

Receive News & Ratings for Universal Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Logistics and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

MARK.SPACE  Trading 16.6% Higher  Over Last 7 Days
MARK.SPACE Trading 16.6% Higher Over Last 7 Days
Bittwatt Price Down 28.9% Over Last 7 Days
Bittwatt Price Down 28.9% Over Last 7 Days
NoLimitCoin Price Hits $0.0103 on Major Exchanges
NoLimitCoin Price Hits $0.0103 on Major Exchanges
Comparing AXA Equitable  and Its Rivals
Comparing AXA Equitable and Its Rivals
$23.82 Million in Sales Expected for CareDx Inc  This Quarter
$23.82 Million in Sales Expected for CareDx Inc This Quarter
Lamar Advertising Co  Expected to Post Quarterly Sales of $385.95 Million
Lamar Advertising Co Expected to Post Quarterly Sales of $385.95 Million


Leave a Reply

 
© 2006-2019 Zolmax.