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ULHUniversal Logistics Holdings, ISell4.9·$19.41-1.82%
SellModerate Confidence
Investment thesis

Universal Logistics Holdings sits below the $400M investable market-cap threshold and in a confirmed technical downtrend, having already run past its analyst price target, even though it screens cheap on forward earnings and maintains a well-covered dividend.

Thesis pillars

  • Below Investable Market Cap
  • Confirmed Technical Downtrend
  • Target Reached Negative Asymmetry
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

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Universal Logistics Holdings, I (ULH) Stock Analysis

Recovery setup · Inst Constrain edge

SellVALUE-TRAP 1/5ValueGrowthModerate Confidence

Industrials · Trucking

Sell if holding. Engine safety override at $19.41: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: High short interest: 11%; Below-average business quality.

Universal Logistics Holdings provides transportation and logistics services across three segments -- Contract Logistics, Intermodal, and Trucking -- through about 48 company-managed terminals and a network of roughly 131 independent agents in the U.S., Mexico, and Canada.... Read more

$19.41-29.9% A.UpsideScore 4.9/10#11 of 13 Trucking
QualityF-score4 / 9FCF yield6.18%
IncomeYield2.17%(5y avg 1.62%)Payout18.18%sustainable
Stop $18.05Target $19.98(resistance)A.R:R -2.0:1
Analyst target$16.00-17.6%1 analysts
Range unavailable (1 analysts)

Sell if holding. Engine safety override at $19.41: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: High short interest: 11%; Below-average business quality. Chart setup: Death cross but MACD improving, RSI 74. Score 4.9/10, moderate confidence.

Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 63d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

10-K grounded · weekly refresh

About Universal Logistics Holdings, I

About Universal Logistics Holdings, I

Universal Logistics Holdings drew 45% of its 2025 revenue from automotive customers, with General Motors alone accounting for 25% of revenue and the top ten customers together representing 59%. The company operates three segments -- Contract Logistics, Intermodal, and Trucking -- through 48 company-managed terminals and a fleet of 3,589 tractors across the United States, Mexico, and Canada, employing 10,525 people, 37% of whom are represented by labor unions.

Universal earns revenue across Contract Logistics (value-added and dedicated services under contracts of a year or longer, integrated into customer production environments), Intermodal (drayage moving containers between ports/railheads and customer facilities using owner-operators and company equipment), and Trucking (dry van, flatbed, heavy-haul, and refrigerated freight coordinated through agents and company terminals). Independent agents generated approximately 17% of freight volume in 2025. Diesel fuel is a significant operating expense that the company does not hedge, relying instead on fuel surcharge mechanisms that may lag price movements. Demand is tied closely to automotive production cycles and scheduled OEM shutdowns, and the company has historically grown through acquisitions in a highly fragmented industry, most recently integrating Parsec, LLC, a rail-terminal management provider acquired in September 2024.

Show full overview

Universal's automotive concentration is not merely a revenue-mix statistic -- it is already showing up as balance-sheet stress. In 2025 the company recorded $124.4 million in non-cash goodwill and intangible-asset impairment charges tied to its Intermodal reporting unit, wiping out all remaining goodwill there, and in March 2026 restated its September 2025 quarterly financials after an error in that same impairment analysis surfaced a previously identified material weakness in internal controls over complex, non-routine transactions. Both events point to demand softness in cyclical end markets translating directly into accounting write-downs rather than staying confined to the income statement.

See also: Industrials · Trucking

From Universal Logistics Holdings, I's most recent 10-K filing, extracted August 2, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-08-21

Recent Developments — Universal Logistics Holdings, I

Generated 2026-08-05T10:39:48Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Oct 22, 202663d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Customer: top ten customers (59.0%)
Target reached (-29.9% upside)
Quality below floor (1.6 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)17.2
Mkt Cap$521M
EV/EBITDA7.6
Profit Mgn-6.0%
ROE-15.1%
Rev Growth-3.7%
Beta0.71
Dividend2.17%
Rating analysts8

Quality Signals

Piotroski F4/9

Concentration Risks(10-K Item 1A)

  • MEDIUMCustomerautomotive customers45%
    10-K Item 1: 'Automotive customers represented approximately 45% of total revenues'
  • MEDIUMCustomerGeneral Motors25%
    10-K Item 1: 'Our top customer, General Motors, represented approximately 25% of revenues'
  • HIGHCustomertop ten customers59%
    10-K Item 1: 'Our top ten customers represented approximately 59% of revenues'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 floor-breakers·1 ceiling hit

Unprofitable operations — net margin -6.0%. Quality floor flags this regardless of sector context.static

Roe
0.0
Gross Margin
0.0
Net Margin
0.0
Operating Margin
0.4
Roa
0.8
Moat
2.5
Piotroski F
4.4
Current Ratio
4.6
No competitive moatQuality concerns

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
0.0
Growth Rank
0.8
Value Rank
9.2

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Support Resistance
1.3
52w Position
2.9
Bollinger
3.3
Gap
6.0
GatesA.R:R -2.0=NEGATIVEDeath cross (50MA < 200MA)Momentum 5.9>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 63d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
74 · Overbought
20D MA 50D MA 200D MADEATH CROSSSupport $12.90Resistance $20.39

Price Targets

$18
$20
A.Upside-29.9%
A.R:R-2.0:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-29.9% upside)
! Quality below floor (1.6 < 4.0)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-10-22 (63d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ULH stock a buy right now?

Sell if holding. Engine safety override at $19.41: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: High short interest: 11%; Below-average business quality. Chart setup: Death cross but MACD improving, RSI 74. Prior stop was $18.05. Score 4.9/10, moderate confidence.

What is the ULH stock price target?

Take-profit target: $19.98 (-29.9% upside). Prior stop was $18.05. Stop-loss: $18.05.

What are the risks of investing in ULH?

Concentration risk — Customer: top ten customers (59.0%); Target reached (-29.9% upside); Quality below floor (1.6 < 4.0).

Is ULH overvalued or undervalued?

Universal Logistics Holdings, I trades at a P/E of N/A (forward 17.2). TrendMatrix value score: 8.7/10. Verdict: Sell.

What do analysts say about ULH?

8 analysts cover ULH with a consensus score of 2.3/5. Average price target: $16.

What does Universal Logistics Holdings, I do?Universal Logistics Holdings provides transportation and logistics services across three segments -- Contract...

Universal Logistics Holdings provides transportation and logistics services across three segments -- Contract Logistics, Intermodal, and Trucking -- through about 48 company-managed terminals and a network of roughly 131 independent agents in the U.S., Mexico, and Canada. Automotive customers generated approximately 45% of 2025 revenue, led by General Motors at about 25%, with the top ten customers accounting for roughly 59% of revenue.

Related stocks: WERN (Werner Enterprises, Inc.) · ARCB (ArcBest Corporation) · CVLG (Covenant Logistics Group, Inc.) · RXO (RXO, Inc.) · HTLD (Heartland Express, Inc.)
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