At the time of writing, UL Solutions Inc [ULS] stock is trading at $51.74, up 2.25%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ULS shares have gain 2.80% over the last week, with a monthly amount drifted -2.36%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Robert W. Baird downgraded its rating to Neutral on July 12, 2024, and elevated its price target to $46. On May 07, 2024, William Blair initiated with a Outperform rating. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $40 on May 07, 2024. UBS initiated its recommendation with a Neutral and recommended $38 as its price target on May 07, 2024. Stifel started tracking with a Buy rating for this stock on May 07, 2024, and assigned it a price target of $40. In a note dated May 07, 2024, Robert W. Baird initiated an Outperform rating and provided a target price of $40 on this stock.
For the past year, the stock price of UL Solutions Inc fluctuated between $33.15 and $59.23. Currently, Wall Street analysts expect the stock to reach $47.4 within the next 12 months. UL Solutions Inc [NYSE: ULS] shares were valued at $51.74 at the most recent close of the market. An investor can expect a potential drop of -8.39% based on the average ULS price forecast.
Analyzing the ULS fundamentals
According to UL Solutions Inc [NYSE:ULS], the company’s sales were 2.81B for trailing twelve months, which represents an 8.14% jump. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.41 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.96.
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 50.70 points at the first support level, and at 49.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.31, and for the 2nd resistance point, it is at 52.88.
Ratios To Look Out For
It is important to note that UL Solutions Inc [NYSE:ULS] has a current ratio of 1.31. Also, the Quick Ratio is 1.31, while the Cash Ratio stands at 0.44. Considering the valuation of this stock, the price to sales ratio is 3.68, the price to book ratio is 11.87 and price to earnings (TTM) ratio is 34.15.
Transactions by insiders
Recent insider trading involved ULSE Inc., 10% Owner, that happened on Sep 23 ’24 when 3.0 million shares were sold. 10% Owner, ULSE Inc. completed a deal on Sep 09 ’24 to sell 20.0 million shares. Meanwhile, 10% Owner ULSE Inc. sold 38.87 million shares on Apr 16 ’24.
