Adversity is less terrifying than hope: UL Solutions Inc (ULS)

With 2.1 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.93 million shares. The 52-week range on ULS shows that it touched its highest point at $68.85 and its lowest point at $34.90 during that stretch. It currently has a 1-year price target of $68.72. With its current market cap of 14.01 billion, ULS has annualized dividend of $0.51 while the current yield stands at 0.72%. Beta for the stock currently stands at 0.60.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ULS was up-trending over the past week, with a rise of 22.40%, but this was up by 30.40% over a month. Three-month performance surged to 26.65% while six-month performance rose 35.66%. The stock gained 97.74% in the past year, while it has gained 40.34% so far this year. A look at the trailing 12-month EPS for ULS yields 1.68 with Next year EPS estimates of 1.96. For the next quarter, that number is 0.47. This implies an EPS growth rate of 3.96% for this year and 11.04% for next year. EPS is expected to grow by 9.32% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.97%.

Float and Shares Shorts:

At present, 200.18 million ULS shares are outstanding with a float of 61.23 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ULS since 6 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.61344 being high and $1.55331 being low. For ULS, this leads to a yearly average estimate of $1.5934.