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/ULH
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Universal Logistics Holdings Inc

Universal Logistics Holdings Inc

ULH
$14.29USD↓-3.05%-0.45 today

MARKET CAP

376.8M

P/E (TTM)

24.6x

FWD P/E

14.6x

DAY RANGE

$14 – $15

52W RANGE

$12
$31

AI Summary

Stalk
StalkMedium

We are in early Stage 1 consolidation following a terminal downtrend. A Bearish Exhaustion pattern at the June low signals seller fatigue and increases the probability of a medium-term bounce. However, price remains range-bound around the flattened EMAs, lacking a clear timing edge. We defer execution and plan to stalk potential pullbacks into the lower consolidation support zone to participate in a reversal attempt.

  • ↑Q4 revenue $465.1M (+19% YoY); contract logistics $307.4M (+52.7% YoY)
  • ↑Sales pipeline exceeds $800M, pointing to strong backlog growth
  • ↓Negative earnings yield and weak profitability metrics signal cost pressures
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

Universal Logistics Holdings, Inc. (NASDAQ: ULH) is a leading player in the transportation and logistics sector, providing comprehensive logistics solutions across various service segments, including contract logistics, trucking, and intermodal transportation. The company has strategically enhanced its operational capabilities through recent acquisitions, notably the Parsec Group. Positioned amidst the fluctuating freight environment and increasing demand for specialized logistics, Universal aims to leverage its diverse service offerings to capitalize on emerging trends in the logistics industry effectively.

Bull says

  • ↑Q4 revenue $465.1M (+19% YoY); contract logistics $307.4M (+52.7% YoY)
  • ↑Sales pipeline exceeds $800M, pointing to strong backlog growth
  • ↑Parsec acquisition expected to add ~$230M in revenue and ~$30M in EBITDA
  • ↑Quarterly dividend of $0.105/sh underscores shareholder return focus
  • ↑Positive sensitivity to rising interest rates and oil prices
  • ↑Book-to-price ratio of 2.30 suggests potential undervaluation

Bear says

  • ↓Negative earnings yield and weak profitability metrics signal cost pressures
  • ↓Intermodal segment revenue $68.9M (-15.9% YoY) and $10.7M operational loss
  • ↓Net debt/EBITDA of 3.13x limits financial flexibility
  • ↓Low institutional ownership score reflects weak analyst confidence
  • ↓Negative momentum score indicates poor investor sentiment
  • ↓Negative earnings revisions highlight skepticism on future growth

Earnings Call · Q3 2024 · Mgmt. Guidance

Updated 07-04-2026neutral

Transcript signals

Bull points

  • Yesterday, Universal Logistics Holdings reported consolidated net income of $26.5 million, or $1.01 per share, on total operating revenues of $426.8 million in the third quarter of 2024. This compares to net income of $23 million, or $0.88 per share, on total operating revenues of $421.3 million during the same period last year.
  • EBITDA increased $16.2 million to $72.9 million which compares to $56.7 million during the same period last year.
  • in our contract logistics segment, which includes our value-add and dedicated transportation businesses, Income from operations increased $10.5 million to $45.6 million on $245.2 million of total operating revenues. This compares to operating income of $35.1 million on $208.1 million of total operating revenue in the third quarter of 2023.

Bear points

  • Operating revenues decreased $10.3 million to $77.6 million compared to $88 million in the same period last year.
  • operating revenues for the quarter decreased 10 million to 87 million compared to 97.1 million in the same quarter last year.
  • During the third quarter of 2024, this business unit incurred pre-tax losses of approximately $8.6 million, including $2.8 million of non-cash impairment charges.
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