company background image
ULH

Universal Logistics HoldingsNasdaqGS:ULH Stock Report

Market Cap

US$500.4m

7D

-9.7%

1Y

-16.3%

Updated

01 Dec, 2021

Data

Company Financials +
ULH fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance5/6
Financial Health3/6
Dividends2/6

ULH Stock Overview

Universal Logistics Holdings, Inc. provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia.

Universal Logistics Holdings Competitors

Old Dominion Freight Line

NasdaqGS:ODFL

US$40.8b

J.B. Hunt Transport Services

NasdaqGS:JBHT

US$20.1b

Knight-Swift Transportation Holdings

NYSE:KNX

US$9.5b

Werner Enterprises

NasdaqGS:WERN

US$3.0b

Price History & Performance

Summary of all time highs, changes and price drops for Universal Logistics Holdings
Historical stock prices
Current Share PriceUS$18.59
52 Week HighUS$27.95
52 Week LowUS$18.21
Beta1.49
1 Month Change-11.81%
3 Month Change-15.69%
1 Year Change-16.34%
3 Year Change-13.09%
5 Year Change27.77%
Change since IPO-17.38%

Recent News & Updates

Nov 04
Universal Logistics Holdings (NASDAQ:ULH) Will Pay A Dividend Of US$0.10

Universal Logistics Holdings (NASDAQ:ULH) Will Pay A Dividend Of US$0.10

The board of Universal Logistics Holdings, Inc. ( NASDAQ:ULH ) has announced that it will pay a dividend of US$0.10 per...

Shareholder Returns

ULHUS TransportationUS Market
7D-9.7%-5.0%-2.8%
1Y-16.3%12.7%20.0%

Return vs Industry: ULH underperformed the US Transportation industry which returned 12.7% over the past year.

Return vs Market: ULH underperformed the US Market which returned 20% over the past year.

Price Volatility

Is ULH's price volatile compared to industry and market?
ULH volatility
ULH Average Weekly Movement4.2%
Transportation Industry Average Movement5.9%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

Stable Share Price: ULH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ULH's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19326,187Tim Phillipshttps://www.universallogistics.com

Universal Logistics Holdings, Inc. provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services; and final mile and ground expedite services. The company transports various commodities comprising automotive parts, machinery, building materials, paper, food, consumer goods, furniture, steel, and other metals.

Universal Logistics Holdings Fundamentals Summary

How do Universal Logistics Holdings's earnings and revenue compare to its market cap?
ULH fundamental statistics
Market CapUS$500.43m
Earnings (TTM)US$73.76m
Revenue (TTM)US$1.67b

6.8x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ULH income statement (TTM)
RevenueUS$1.67b
Cost of RevenueUS$1.40b
Gross ProfitUS$270.12m
ExpensesUS$196.37m
EarningsUS$73.76m

Last Reported Earnings

Oct 02, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.74
Gross Margin16.18%
Net Profit Margin4.42%
Debt/Equity Ratio154.1%

How did ULH perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

15%

Payout Ratio

Does ULH pay a reliable dividends?

See ULH dividend history and benchmarks
When do you need to buy ULH by to receive an upcoming dividend?
Universal Logistics Holdings dividend dates
Ex Dividend DateDec 03 2021
Dividend Pay DateJan 04 2022
Days until Ex dividend2 days
Days until Dividend pay date34 days

Does ULH pay a reliable dividends?

See ULH dividend history and benchmarks

Valuation

Is Universal Logistics Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ULH ($18.59) is trading below our estimate of fair value ($129.17)

Significantly Below Fair Value: ULH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ULH is good value based on its PE Ratio (6.8x) compared to the US Transportation industry average (17.2x).

PE vs Market: ULH is good value based on its PE Ratio (6.8x) compared to the US market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: ULH is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: ULH is good value based on its PB Ratio (1.7x) compared to the US Transportation industry average (2.5x).


Future Growth

How is Universal Logistics Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

16.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ULH's forecast earnings growth (16.7% per year) is above the savings rate (2%).

Earnings vs Market: ULH's earnings (16.7% per year) are forecast to grow faster than the US market (14.2% per year).

High Growth Earnings: ULH's earnings are forecast to grow, but not significantly.

Revenue vs Market: ULH's revenue (6.1% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: ULH's revenue (6.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ULH's Return on Equity is forecast to be high in 3 years time (21.9%)


Past Performance

How has Universal Logistics Holdings performed over the past 5 years?

18.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ULH has high quality earnings.

Growing Profit Margin: ULH's current net profit margins (4.4%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: ULH's earnings have grown by 18.6% per year over the past 5 years.

Accelerating Growth: ULH's earnings growth over the past year (82.5%) exceeds its 5-year average (18.6% per year).

Earnings vs Industry: ULH earnings growth over the past year (82.5%) exceeded the Transportation industry 54.7%.


Return on Equity

High ROE: Whilst ULH's Return on Equity (25.63%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Universal Logistics Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: ULH's short term assets ($396.1M) exceed its short term liabilities ($286.4M).

Long Term Liabilities: ULH's short term assets ($396.1M) do not cover its long term liabilities ($546.8M).


Debt to Equity History and Analysis

Debt Level: ULH's net debt to equity ratio (146.9%) is considered high.

Reducing Debt: ULH's debt to equity ratio has reduced from 170.6% to 154.1% over the past 5 years.

Debt Coverage: ULH's debt is not well covered by operating cash flow (17%).

Interest Coverage: ULH's interest payments on its debt are well covered by EBIT (8.2x coverage).


Balance Sheet


Dividend

What is Universal Logistics Holdings's current dividend yield, its reliability and sustainability?

2.26%

Current Dividend Yield


Upcoming Dividend Payment

TodayDec 01 2021Ex Dividend DateDec 03 2021Dividend Pay DateJan 04 202232 days from Ex DividendBuy in the next 2 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: ULH's dividend (2.26%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: ULH's dividend (2.26%) is low compared to the top 25% of dividend payers in the US market (3.63%).


Stability and Growth of Payments

Stable Dividend: ULH's dividend payments have been volatile in the past 10 years.

Growing Dividend: ULH's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (15.3%), ULH's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.0yrs

Average board tenure


CEO

Tim Phillips (55 yo)

1.83yrs

Tenure

US$2,067,833

Compensation

Mr. Tim Phillips has been Chief Executive Officer, President and Director at Universal Logistics Holdings, Inc. January 10, 2020. Mr. Phillips began his career with Universal, a leading asset-light provide...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD2.07M) is about average for companies of similar size in the US market ($USD1.75M).

Compensation vs Earnings: Tim's compensation has increased by more than 20% in the past year.


Board Members

Experienced Board: ULH's board of directors are considered experienced (8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Universal Logistics Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Universal Logistics Holdings, Inc.
  • Ticker: ULH
  • Exchange: NasdaqGS
  • Founded: 1932
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$500.433m
  • Shares outstanding: 26.92m
  • Website: https://www.universallogistics.com

Number of Employees


Location

  • Universal Logistics Holdings, Inc.
  • 12755 East Nine Mile Road
  • Warren
  • Michigan
  • 48089
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/01 00:05
End of Day Share Price2021/11/30 00:00
Earnings2021/10/02
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.