NasdaqGS:ULH

Stock Analysis Report

Universal Logistics Holdings

Executive Summary

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

Snowflake

Fundamentals

Proven track record with adequate balance sheet.

Risks

  • Universal Logistics Holdings is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Universal Logistics Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.6%

NasdaqGS:ULH

4.6%

US Transportation

1.2%

US Market


1 Year Return

-37.3%

NasdaqGS:ULH

2.6%

US Transportation

1.7%

US Market

ULH underperformed the Transportation industry which returned 2.6% over the past year.

ULH underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

ULHIndustryMarket
7 Day4.6%4.6%1.2%
30 Day11.8%5.4%4.9%
90 Day9.7%-4.0%3.7%
1 Year-35.5%-37.3%4.4%2.6%3.9%1.7%
3 Year76.3%65.5%86.0%77.2%47.2%37.7%
5 Year2.1%-7.1%74.2%59.2%60.0%42.4%

Price Volatility Vs. Market

How volatile is Universal Logistics Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Universal Logistics Holdings undervalued based on future cash flows and its price relative to the stock market?

10.35x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Universal Logistics Holdings's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Universal Logistics Holdings's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Universal Logistics Holdings is good value based on earnings compared to the US Transportation industry average.

Universal Logistics Holdings is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Universal Logistics Holdings is good value based on expected growth next year.


Price Based on Value of Assets

Universal Logistics Holdings is overvalued based on assets compared to the US Transportation industry average.


Next Steps

Future Growth

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

16.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Universal Logistics Holdings's revenue is expected to grow by 3.1% yearly, however this is not considered high growth (20% yearly).

Universal Logistics Holdings's earnings are expected to grow by 16.3% yearly, however this is not considered high growth (20% yearly).

Universal Logistics Holdings's revenue growth is positive but not above the United States of America market average.

Universal Logistics Holdings's earnings growth is expected to exceed the United States of America market average.

Universal Logistics Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Universal Logistics Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

3.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Universal Logistics Holdings's year on year earnings growth rate has been positive over the past 5 years.

Universal Logistics Holdings's 1-year earnings growth exceeds its 5-year average (25.1% vs 3.4%)

Universal Logistics Holdings's earnings growth has exceeded the US Transportation industry average in the past year (25.1% vs -37.9%).


Return on Equity

Whilst Universal Logistics Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.


Return on Assets

Universal Logistics Holdings used its assets more efficiently than the US Transportation industry average last year based on Return on Assets.


Return on Capital Employed

Universal Logistics Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Universal Logistics Holdings's financial position?


Financial Position Analysis

Universal Logistics Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Universal Logistics Holdings's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Universal Logistics Holdings's level of debt (153.5%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (203.1% vs 153.5% today).

Debt is well covered by operating cash flow (39.3%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 6.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.7x debt.


Next Steps

Dividend

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

1.93%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Universal Logistics Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

Universal Logistics Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

Universal Logistics Holdings has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Universal Logistics Holdings has only been paying a dividend for 7 years, and since then dividends per share have fallen.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Universal Logistics Holdings's salary, the management and board of directors tenure and is there insider trading?

8.1yrs

Average board tenure


CEO

Jeff Rogers (57yo)

4.8yrs

Tenure

US$1,279,367

Compensation

Mr. Jeffrey A. Rogers, known as Jeff, has been the Chief Executive Officer of Universal Logistics Holdings, Inc. since December 31, 2014. Mr. Rogers served as an Executive Vice President of Universal Truck ...


CEO Compensation Analysis

Jeff's remuneration is lower than average for companies of similar size in United States of America.

Jeff's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

8.1yrs

Average Tenure

66yo

Average Age

The tenure for the Universal Logistics Holdings board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jeff Rogers (57yo)

    CEO & Director

    • Tenure: 4.8yrs
    • Compensation: US$1.28m
  • Steven Fitzpatrick

    Vice President of Finance & Investor Relations and Secretary

    • Tenure: 0yrs
  • Jude Beres (47yo)

    CFO & Treasurer

    • Tenure: 3.5yrs
    • Compensation: US$822.85k

Board Members

  • Frederick Calderone (68yo)

    Director

    • Tenure: 9.8yrs
    • Compensation: US$27.20k
  • Matthew Moroun (46yo)

    Chairman

    • Tenure: 14.8yrs
    • Compensation: US$105.40k
  • Clarence Gooden (67yo)

    Director

    • Tenure: 1.4yrs
    • Compensation: US$18.60k
  • Matty Moroun (91yo)

    Director

    • Tenure: 14.8yrs
    • Compensation: US$120.00k
  • Richard Urban (77yo)

    Independent Director

    • Tenure: 14.8yrs
    • Compensation: US$41.00k
  • Daniel Deane (63yo)

    Independent Director

    • Tenure: 10.2yrs
    • Compensation: US$27.20k
  • Mike Regan (65yo)

    Independent Director

    • Tenure: 6.4yrs
    • Compensation: US$27.20k
  • Jeff Rogers (57yo)

    CEO & Director

    • Tenure: 4.8yrs
    • Compensation: US$1.28m
  • Scott Wolfe (73yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$27.20k
  • Grant Belanger (58yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: US$35.20k

Company Information

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


Key Information

  • Name: Universal Logistics Holdings, Inc.
  • Ticker: ULH
  • Exchange: NasdaqGS
  • Founded: 1981
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$635.230m
  • Shares outstanding: 28.38m
  • Website: https://www.universallogistics.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ULHNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDFeb 2005

Biography

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 ha ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 23:54
End of Day Share Price2019/09/13 00:00
Earnings2019/06/29
Annual Earnings2018/12/31


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.