UL Solutions Inc [ULS] stock is trading at $49.85, down -0.12%. 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 lost -3.05% over the last week, with a monthly amount glided 14.33%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
UL Solutions Inc [NYSE: ULS] stock has seen the most recent analyst activity on July 12, 2024, when Robert W. Baird downgraded its rating to a Neutral and also boosted its price target to $46 from $41. On May 07, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $40 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $38 on May 07, 2024. Stifel initiated its recommendation with a Buy and recommended $40 as its price target on May 07, 2024. Robert W. Baird started tracking with a Outperform rating for this stock on May 07, 2024, and assigned it a price target of $40. In a note dated May 07, 2024, Raymond James initiated an Outperform rating and provided a target price of $42 on this stock.
UL Solutions Inc [ULS] stock has fluctuated between $33.15 and $52.83 over the past year. Currently, Wall Street analysts expect the stock to reach $42.6 within the next 12 months. UL Solutions Inc [NYSE: ULS] shares were valued at $49.85 at the most recent close of the market. An investor can expect a potential drop of -14.54% based on the average ULS price forecast.
Analyzing the ULS fundamentals
UL Solutions Inc [NYSE:ULS] reported sales of 2.76B for the trailing twelve months, which represents a growth of 5.95%. 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 0.1, Equity is 0.33 and Total Capital is 0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.07.
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 49.01 points at the first support level, and at 48.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.88, and for the 2nd resistance point, it is at 51.92.
Ratios To Look Out For
For context, UL Solutions Inc’s Current Ratio is 1.29. Further, the Quick Ratio stands at 1.29, while the Cash Ratio is 0.4. Considering the valuation of this stock, the price to sales ratio is 3.61, the price to book ratio is 12.97 and price to earnings (TTM) ratio is 37.20.
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.
