Monthly Drifts in UL Solutions Inc (ULS) Stock: A Closer Look

Currently, UL Solutions Inc [ULS] is trading at $57.35, up 2.78%. 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 5.40% over the last week, with a monthly amount glided 11.71%, and seem to be holding up well over a long-time horizon.

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.

This stock has fluctuated between a low of $33.15 and a high of $59.23 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $56.5 within the next 12 months. UL Solutions Inc [NYSE: ULS] shares were valued at $57.35 at the most recent close of the market. An investor can expect a potential drop of -1.48% based on the average ULS price forecast.

Analyzing the ULS fundamentals

Trailing Twelve Months sales for UL Solutions Inc [NYSE:ULS] were 2.81B which represents 8.14% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.13.

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 56.13 points at the first support level, and at 54.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.14, and for the 2nd resistance point, it is at 58.94.

Ratios To Look Out For

To put it in perspective, the Current Ratio for UL Solutions Inc [NYSE:ULS] is 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 4.08, the price to book ratio is 13.15 and price to earnings (TTM) ratio is 37.86.

Transactions by insiders

Recent insider trading involved Schjotz Gitte, that happened on Dec 12 ’24 when 21000.0 shares were sold. Officer, Schjotz Gitte completed a deal on Dec 12 ’24 to buy 21000.0 shares. Meanwhile, Schjotz Gitte sold 2726.0 shares on Dec 10 ’24.

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