UL Solutions (ULS) Expected to Announce Earnings on Tuesday

UL Solutions (NYSE:ULS - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $704.19 million for the quarter.

UL Solutions (NYSE:ULS - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.38 by $0.11. The company had revenue of $739.00 million during the quarter, compared to the consensus estimate of $726.54 million. UL Solutions had a net margin of 11.36% and a return on equity of 44.52%. On average, analysts expect UL Solutions to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

UL Solutions Price Performance

ULS traded up $1.28 during trading on Friday, reaching $59.67. The stock had a trading volume of 901,760 shares, compared to its average volume of 731,592. The business has a 50-day moving average of $54.65 and a 200-day moving average of $53.19. UL Solutions has a one year low of $34.90 and a one year high of $59.90. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.31 and a current ratio of 1.31. The stock has a market cap of $11.94 billion and a PE ratio of 36.83.

UL Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 28th were given a dividend of $0.13 per share. The ex-dividend date was Friday, February 28th. This is a positive change from UL Solutions's previous quarterly dividend of $0.13. This represents a $0.52 annualized dividend and a dividend yield of 0.87%. UL Solutions's dividend payout ratio is 32.10%.

Insider Buying and Selling at UL Solutions

In other news, EVP Alberto Uggetti sold 1,938 shares of the stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $53.00, for a total transaction of $102,714.00. Following the completion of the sale, the executive vice president now directly owns 9,285 shares in the company, valued at approximately $492,105. This represents a 17.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.20% of the company's stock.

Analysts Set New Price Targets

ULS has been the subject of several research reports. Citigroup upped their target price on UL Solutions from $60.00 to $60.50 and gave the stock a "buy" rating in a research note on Tuesday, February 25th. The Goldman Sachs Group upped their price objective on shares of UL Solutions from $51.00 to $57.00 and gave the company a "neutral" rating in a research note on Friday, February 21st. Finally, JPMorgan Chase & Co. lifted their target price on shares of UL Solutions from $55.00 to $58.00 and gave the stock an "overweight" rating in a research report on Friday, February 21st. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $51.45.

About UL Solutions

UL Solutions Inc provides safety science services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building owners, end users, and regulators.