ULH Stock Summary and Trading Ideas (Universal Logistics Hldgs | NASDAQ:ULH)

Universal Logistics Holdings Inc is an asset-light provider of customized transportation and logistics solutions throughout the United States, and in Mexico, Canada and Colombia. It offers services such as truckload, brokerage, intermodal, dedicated, and value-added services. The company reports into four segments namely trucking, intermodal, company-managed brokerage, and contract logistics. The majority of the revenue is earned from the contract logistics segment.

Universal Logistics Hldgs trades on the NASDAQ stock market under the symbol ULH.

As of April 23, 2024, ULH stock price climbed to $34.53 with 105,737 million shares trading.

ULH has a beta of 1.40, meaning it tends to be more sensitive to market movements. ULH has a correlation of 0.20 to the broad based SPY ETF.

ULH has a market cap of $908.46 million. This is considered a Small Cap stock.

Last quarter Universal Logistics Hldgs reported $391 million in Revenue and $.81 earnings per share. This beat revenue expectation by $14 million and exceeded earnings estimates by $.10.

In the last 3 years, ULH stock traded as high as $45.00 and as low as $15.86.

The top ETF exchange traded funds that ULH belongs to (by Net Assets): VTI, IWM, AVUV, VXF, BSVO.

ULH stock has underperformed the market in the last year with a return of +20.9%, while SPY returned +24.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ULH shares. However, ULH has outperformed the market in the last 3 month and 2 week periods, returning +14.3% and -1.1%, while SPY returned +4.6% and -2.6%, respectively. This indicates ULH has been having a stronger performance recently.

ULH support price is $32.30 and resistance is $34.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ULH stock will trade within this expected range on the day.