Universal Logistics (ULH)
NASDAQ:ULH
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Universal Logistics
(NASDAQ:ULH)
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Rating:59Neutral
Price Target:
$24.00
â–²(15.33% Upside)
Action:ReiteratedDate:04/09/26
The score is held back primarily by deteriorating financial performance (margin compression, net loss, and negative free cash flow), partially offset by improved leverage and solid operating cash generation. Technicals are constructive with price above key moving averages, while valuation is clouded by negative earnings despite a modest dividend. Corporate news is mixed, balancing an orderly CFO transition against weak recent quarterly results.
Positive Factors
Improved Leverage
Material debt reduction and a much lower debt-to-equity ratio meaningfully strengthen financial flexibility. With leverage down from ~1.30 to ~0.38, the company is better positioned to fund operations, endure cycles, and access capital for strategic investments over the next several quarters.
Negative Factors
Profitability Deterioration
Sharp margin compression and a swing to a net loss reflect sustained cost pressure or mix shifts that undermine earnings power. If margins remain depressed, returns on capital will suffer, reducing reinvestment capacity and increasing vulnerability in slower demand periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Leverage
Material debt reduction and a much lower debt-to-equity ratio meaningfully strengthen financial flexibility. With leverage down from ~1.30 to ~0.38, the company is better positioned to fund operations, endure cycles, and access capital for strategic investments over the next several quarters.
Read all positive factors
Universal Logistics (ULH) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$575.49M
Dividend Yield2.76%
Average Volume (3M)45.62K
Price to Earnings (P/E)―
Beta (1Y)1.47
Revenue Growth-7.55%
EPS Growth-130.67%
CountryUS
Employees10,821
SectorIndustrials
Sector Strength72
IndustryTrucking
Share Statistics
EPS (TTM)0.14
Shares Outstanding26,350,058
10 Day Avg. Volume73,652
30 Day Avg. Volume45,615
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.74
Price to Sales (P/S)0.26
P/FCF Ratio-9.72
Enterprise Value/Market Cap2.59
Enterprise Value/Revenue0.96
Enterprise Value/Gross Profit9.17
Enterprise Value/Ebitda7.24
Forecast
1Y Price Target
$20.00Price Target Upside-3.89% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)1.02
Revenue Forecast (FY)$1.60B
Universal Logistics Business Overview & Revenue Model
Company Description
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 ...
How the Company Makes Money
ULH generates revenue by delivering transportation and logistics services to shippers under contractual arrangements and spot-market transactions, with pricing generally based on factors such as freight volume, miles moved, equipment/driver capaci...
Universal Logistics Earnings Call Summary
Earnings Call Date:Jul 24, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Apr 23, 2026
Earnings Call Sentiment Neutral
The earnings call reflected a mixed performance for Universal Logistics Holdings. While there were some positive developments, particularly in the Contract Logistics segment and sales initiatives, the overall revenue and income decline, coupled with challenges in the Trucking and Intermodal segments, indicate significant pressure. The sentiment is balanced, with equal highlights and lowlights.Positive Updates
Contract Logistics Segment Performance
The Contract Logistics segment remained the cornerstone of Universal's results, with revenues of $260.6 million. Despite a slight decline from last year, the integration of Parsec contributed $55 million in revenue.
Negative Updates
Overall Revenue and Income Decline
Universal reported a decline in operating revenues to $393.8 million from $462.2 million last year, and net income decreased to $8.3 million from $30.7 million.
Read all updates
Q2-2025 Updates
Positive
Negative
Contract Logistics Segment Performance
The Contract Logistics segment remained the cornerstone of Universal's results, with revenues of $260.6 million. Despite a slight decline from last year, the integration of Parsec contributed $55 million in revenue.
Read all positive updates
Company Guidance
During the Universal Logistics Holdings' second quarter 2025 earnings call, the company reported operating revenues of $393.8 million, with a net income of $8.3 million, or $0.32 per diluted share. The company achieved an operating income of $19.9 million, marking a 5.1% operating margin, and an EBITDA of $56.2 million, which represented 14.3% of revenue. The Contract Logistics segment remained pivotal, generating $260.6 million in revenue, while Trucking revenues fell to $64.1 million due to a 22.6% drop in load volumes. The Intermodal segment faced challenges, with revenues down to $68.9 million, but managed to narrow its operating loss to $5.7 million from $10.7 million in the first quarter. For the third quarter of 2025, Universal projects revenues between $390 million and $410 million, with operating margins expected in the 5% to 7% range and EBITDA margins between 14% and 16%. The company anticipates full-year revenues between $1.6 billion and $1.7 billion, maintaining similar margin ranges as Q3 guidance.Universal Logistics Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
62
Positive
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.56B | 1.85B | 1.66B | 2.02B | 1.75B |
| Gross Profit | 163.62M | 315.88M | 255.82M | 352.40M | 215.33M |
| EBITDA | 206.31M | 332.40M | 225.54M | 318.37M | 177.76M |
| Net Income | -99.87M | 129.91M | 92.90M | 168.63M | 73.73M |
Balance Sheet | |||||
| Total Assets | 1.77B | 1.79B | 1.25B | 1.20B | 1.14B |
| Cash, Cash Equivalents and Short-Term Investments | 37.20M | 30.94M | 23.28M | 57.18M | 21.96M |
| Total Debt | 971.37M | 838.44M | 475.54M | 484.33M | 537.90M |
| Total Liabilities | 1.23B | 1.14B | 721.33M | 756.75M | 835.28M |
| Stockholders Equity | 540.36M | 647.02M | 532.20M | 446.93M | 302.21M |
Cash Flow | |||||
| Free Cash Flow | -41.13M | -139.23M | -30.31M | 96.31M | 44.44M |
| Operating Cash Flow | 183.05M | 112.37M | 210.25M | 213.41M | 83.28M |
| Investing Cash Flow | -203.45M | -462.90M | -236.77M | -103.74M | -33.23M |
| Financing Cash Flow | 26.09M | 365.04M | -8.56M | -78.24M | -44.56M |
Universal Logistics Technical Analysis
Positive
20.81
Price Trends
17.90
Positive
16.86
Positive
19.71
Positive
Market Momentum
1.38
Negative
60.75
Neutral
60.06
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ULH, the sentiment is Positive. The current price of 20.81 is above the 20-day moving average (MA) of 20.02, above the 50-day MA of 17.90, and above the 200-day MA of 19.71, indicating a bullish trend. The MACD of 1.38 indicates Negative momentum. The RSI at 60.75 is Neutral, neither overbought nor oversold. The STOCH value of 60.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ULH.
Universal Logistics Risk Analysis
Universal Logistics disclosed 25 risk factors in its most recent earnings report. Universal Logistics reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Universal Logistics Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | $723.14M | 76.15 | 1.72% | 1.23% | 1.62% | -22.52% | |
59 Neutral | $575.49M | -2.54 | -6.38% | 2.76% | -7.55% | -130.67% | |
56 Neutral | $2.42B | -51.41 | 4.61% | 0.62% | -5.34% | -48.16% | |
54 Neutral | $1.14B | 53.18 | 2.27% | 2.07% | -9.74% | -42.57% | |
49 Neutral | $1.90B | -126.32 | -1.03% | 1.84% | -3.42% | -43.86% | |
46 Neutral | $854.33M | -13.41 | -6.71% | 0.87% | -19.56% | -54.39% |
* Industrials Sector Average
ULH
Universal Logistics
20.81
-4.55
-17.95%
CVLG
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MRTN
Marten Transport
14.11
1.09
8.39%
WERN
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31.76
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ARCB
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49.94
82.92%
Universal Logistics Corporate Events
Business Operations and StrategyExecutive/Board Changes
Universal Logistics Announces Planned CFO Leadership Transition
Positive
Apr 8, 2026
Universal Logistics Holdings, Inc. announced a planned chief financial officer transition, as longtime finance head and treasurer Jude M. Beres notified the company on April 2, 2026 that he will resign effective May 29, 2026 to pursue opportunitie...
DividendsFinancial Disclosures
Universal Logistics Reports Weak Q4 Results, Declares Dividend
Negative
Mar 13, 2026
Universal Logistics Holdings, Inc., based in Warren, Mich., reported sharply lower fourth-quarter 2025 results on March 13, 2026, as soft market conditions and underperformance in its intermodal segment weighed on earnings. Consolidated operating ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.