Universal Logistics (NASDAQ:ULH) Given New $20.00 Price Target at Stifel Nicolaus

Universal Logistics (NASDAQ:ULH) had its target price increased by analysts at Stifel Nicolaus from $17.00 to $20.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a “hold” rating on the transportation company’s stock. Stifel Nicolaus’ price objective points to a potential downside of 3.85% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Universal Logistics in a report on Friday, March 27th. Wall Street Zen upgraded Universal Logistics from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Zacks Research upgraded Universal Logistics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $20.00.

Universal Logistics Price Performance

ULH stock opened at $20.80 on Tuesday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.26. The company has a market capitalization of $548.08 million, a PE ratio of -9.67 and a beta of 0.71. Universal Logistics has a 12-month low of $12.78 and a 12-month high of $30.76. The business’s fifty day moving average price is $17.47 and its 200 day moving average price is $17.44.

Universal Logistics (NASDAQ:ULH) last posted its quarterly earnings data on Friday, March 13th. The transportation company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.19. The firm had revenue of $385.43 million for the quarter, compared to the consensus estimate of $376.10 million. Universal Logistics had a positive return on equity of 4.13% and a negative net margin of 3.64%. On average, sell-side analysts anticipate that Universal Logistics will post 2.81 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC grew its stake in Universal Logistics by 3.8% during the 4th quarter. Geode Capital Management LLC now owns 200,020 shares of the transportation company’s stock worth $3,039,000 after purchasing an additional 7,339 shares in the last quarter. First Trust Advisors LP grew its stake in Universal Logistics by 5.3% during the 3rd quarter. First Trust Advisors LP now owns 136,107 shares of the transportation company’s stock worth $3,190,000 after purchasing an additional 6,854 shares in the last quarter. Empowered Funds LLC grew its stake in Universal Logistics by 5.0% during the 1st quarter. Empowered Funds LLC now owns 108,268 shares of the transportation company’s stock worth $2,841,000 after purchasing an additional 5,136 shares in the last quarter. Anchor Capital Advisors LLC grew its stake in Universal Logistics by 1.8% during the 3rd quarter. Anchor Capital Advisors LLC now owns 49,506 shares of the transportation company’s stock worth $1,160,000 after purchasing an additional 875 shares in the last quarter. Finally, Pacific Ridge Capital Partners LLC grew its stake in Universal Logistics by 120.6% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 34,152 shares of the transportation company’s stock worth $519,000 after purchasing an additional 18,672 shares in the last quarter. 25.50% of the stock is owned by institutional investors and hedge funds.

Universal Logistics Company Profile

Universal Logistics Holdings, Inc is a diversified, asset-light third-party logistics provider offering transportation and supply chain solutions across North America and around the globe. Its service portfolio encompasses truckload, less-than-truckload, intermodal, and specialized freight services, supported by dedicated brokerage, warehousing, and distribution management capabilities.

Originally incorporated as Universal Truckload Services, Inc, the company has evolved beyond its core truckload heritage to a one-stop logistics platform.