A share price of UL Solutions Inc [ULS] is currently trading at $42.08, down -2.12%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ULS shares have gain 2.53% over the last week, with a monthly amount glided 7.37%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Wells Fargo started tracking the stock with Overweight rating on May 07, 2024, and set its price target to $40. On May 07, 2024, UBS initiated with a Neutral rating and assigned a price target of $38 on the stock. Stifel started tracking the stock assigning a Buy rating and suggested a price target of $40 on May 07, 2024. Robert W. Baird initiated its recommendation with a Outperform and recommended $40 as its price target on May 07, 2024. Raymond James started tracking with a Outperform rating for this stock on May 07, 2024, and assigned it a price target of $42. In a note dated May 07, 2024, JP Morgan initiated an Overweight rating and provided a target price of $39 on this stock.
UL Solutions Inc experienced fluctuations in its stock price throughout the past year between $33.15 and $43.85. Currently, Wall Street analysts expect the stock to reach $42 within the next 12 months. UL Solutions Inc [NYSE: ULS] shares were valued at $42.08 at the most recent close of the market. An investor can expect a potential drop of -0.19% based on the average ULS price forecast.
Analyzing the ULS fundamentals
Trailing Twelve Months sales for UL Solutions Inc [NYSE:ULS] were 2.72B which represents 6.52% growth. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.29 and Total Capital is 0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.41 points at the first support level, and at 40.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.35, and for the 2nd resistance point, it is at 44.62.
Ratios To Look Out For
To put it in perspective, the Current Ratio for UL Solutions Inc [NYSE:ULS] is 1.27. Further, the Quick Ratio stands at 1.27, while the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 3.10, the price to book ratio is 12.54 and price to earnings (TTM) ratio is 32.25.
Transactions by insiders
Recent insider trading involved Coyne Frank J, Director, that happened on Apr 16 ’24 when 0.11 million shares were purchased. President and CEO, Scanlon Jennifer F. completed a deal on Apr 16 ’24 to buy 89285.0 shares. Meanwhile, Director DOLLIVE JAMES P bought 71428.0 shares on Apr 16 ’24.
