The Universal Truckload Services, Inc. (ULH) Lifted to “Hold” at Zacks Investment Research

The Universal Truckload Services, Inc. (ULH) Lifted to “Hold” at Zacks Investment Research

Universal Truckload Services, Inc. (NYSE:ULH) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

According to Zacks, “Universal Truckload is a primarily non-asset based provider of transportation services to shippers throughout the United States and in the Canadian provinces of Ontario and Quebec. Their over-the-road trucking services include both flatbed and dry van operations and they provide rail-truck and steamship-truck intermodal support services. They also offer truck brokerage services, which allow them to supplement their capacity and provide their customers with transportation of freight not handled by their owner-operators. “

Universal Truckload Services (NYSE:ULH) traded up 0.33% during mid-day trading on Tuesday, reaching $12.22. 10,697 shares of the company traded hands. The firm has a market capitalization of $347.22 million and a price-to-earnings ratio of 9.95. The stock’s 50 day moving average price is $13.31 and its 200 day moving average price is $14.20. Universal Truckload Services has a 52 week low of $11.09 and a 52 week high of $18.31.


Universal Truckload Services (NYSE:ULH) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by $0.01. The company had revenue of $276.80 million for the quarter, compared to the consensus estimate of $253.95 million. During the same period in the prior year, the company earned $0.44 EPS. The firm’s revenue was down 6.2% compared to the same quarter last year. Equities analysts forecast that Universal Truckload Services will post $1.12 EPS for the current year.

About Universal Truckload Services

Universal Logistics Holdings, Inc, formerly Universal Truckload Services, Inc, is an asset-light provider of 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. The Company’s operations aggregated in the transportation segment are associated with individual freight shipments coordinated by its agents, company-managed terminals and specialized services operations.

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