A new trading day began on Tuesday, with UL Solutions Inc (NYSE: ULS) stock price down -0.81% from the previous day of trading, before settling in for the closing price of $51.96. ULS’s price has ranged from $33.15 to $56.28 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Industrials sector has jumped its sales by 5.26% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 8.17%. With a float of $38.21 million, this company’s outstanding shares have now reached $200.01 million.
In an organization with 15233 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 48.33%, operating margin of 15.62%, and the pretax margin is 13.08%.
UL Solutions Inc (ULS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Business Services Industry. The insider ownership of UL Solutions Inc is 80.90%, while institutional ownership is 23.14%. The most recent insider transaction that took place on Sep 23 ’24, was worth 147,000,000. In this transaction 10% Owner of this company sold 3,000,000 shares at a rate of $49.00, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 09 ’24, when Company’s 10% Owner sold 20,000,000 for $49.00, making the entire transaction worth $980,000,000. This insider now owns 0 shares in total.
UL Solutions Inc (ULS) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.17% per share during the next fiscal year.
UL Solutions Inc (NYSE: ULS) Trading Performance Indicators
Here are UL Solutions Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.73. Likewise, its price to free cash flow for the trailing twelve months is 37.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.34, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.67 in one year’s time.
Technical Analysis of UL Solutions Inc (ULS)
Let’s dig in a bit further. During the last 5-days, its volume was 0.71 million. That was inferior than the volume of 0.74 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.51%. Additionally, its Average True Range was 1.59.
During the past 100 days, UL Solutions Inc’s (ULS) raw stochastic average was set at 60.30%, which indicates a significant increase from 10.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.30% in the past 14 days, which was lower than the 26.97% volatility it showed in the past 100 days.
However, in the short run, UL Solutions Inc’s stock first resistance to watch stands at $56.97. Second resistance stands at $62.39. The third major resistance level sits at $65.56. If the price goes on to break the first support level at $48.38, it is likely to go to the next support level at $45.21. The third support level lies at $39.79 if the price breaches the second support level.
UL Solutions Inc (NYSE: ULS) Key Stats
With a market capitalization of 10.31 billion, the company has a total of 200,007K Shares Outstanding. Currently, annual sales are 2,678 M while annual income is 260,000 K. The company’s previous quarter sales were 730,000 K while its latest quarter income was 101,000 K.
