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NYSE:ULS

UL Solutions (ULS) Stock Price, News & Analysis

$43.88
+0.09 (+0.21%)
(As of 10:04 AM ET)
Today's Range
$43.52
$43.88
50-Day Range
$35.76
$44.58
52-Week Range
$33.15
$45.03
Volume
13,546 shs
Average Volume
741,125 shs
Market Capitalization
$8.78 billion
P/E Ratio
N/A
Dividend Yield
1.14%
Price Target
$41.30

UL Solutions MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
5.4% Downside
$41.30 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of UL Solutions in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$5.60 M Bought Last Quarter
Proj. Earnings Growth
5.52%
From $1.45 to $1.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.01 out of 5 stars

Business Services Sector

251st out of 298 stocks

Testing Laboratories Industry

2nd out of 2 stocks

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. The Consumer segment offers safety certification testing, ongoing certification, global market access, testing for connectivity, performance and quality, and critical systems advisory and training services, as well as product market acceptance and risk mitigation services for customers in the consumer products end markets comprising consumer electronics, medical devices, information technologies, appliances, HVAC, lighting, and retail, as well as consumer applications, such as new mobility, smart products, and 5G. The Software and Advisory segment provide software and technical advisory services that enable customers to manage regulatory requirements, deliver supply chain transparency, and operationalize sustainability for regulated industries, including life sciences, supply chain regulations, transparency needs, and new ESG and sustainability requirements. It offers ULTRUS software brand to help customers improve speed to market, sustainability and safety. UL Solutions Inc. was formerly known as UL Inc. and changed its name to UL Solutions Inc. in June 2022. The company was founded in 1894 and is headquartered in Northbrook, Illinois with additional offices in North America, Asia Pacific, Africa, Europe, Latin America, and Middle East. UL Solutions Inc. operates as a subsidiary of ULSE Inc.

ULS Stock Price History

ULS Stock News Headlines

UL Solutions (NYSE:ULS) Downgraded by Baird R W to "Hold"
UL Solutions (NYSE:ULS) Stock Rating Reaffirmed by Robert W. Baird
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
UL Solutions: Where Is The Safety?
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
ULS UL Solutions Inc.
UL Solutions Announces Quarterly Dividend
UL Solutions Acquires BatterieIngenieure GmbH
See More Headlines
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Company Calendar

Last Earnings
5/20/2024
Ex-Dividend for 6/18 Dividend
6/03/2024
Dividend Payable
6/18/2024
Today
7/14/2024
Next Earnings (Estimated)
8/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Testing laboratories
Sub-Industry
N/A
Fax
N/A
Employees
15,233
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.30
High Stock Price Target
$46.00
Low Stock Price Target
$38.00
Potential Upside/Downside
-5.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
12 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$2.68 billion

Miscellaneous

Free Float
N/A
Market Cap
$8.76 billion
Optionable
N/A
Beta
N/A
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Key Executives

  • Ms. Jennifer F. Scanlon (Age 57)
    President, CEO & Director
    Comp: $5.3M
  • Mr. Ryan D. Robinson (Age 58)
    Executive VP & CFO
    Comp: $1.85M
  • Ms. Gitte Schjotz (Age 53)
    Executive VP and Chief Science & Operations Officer
    Comp: $1.47M
  • Ms. Jacqueline K. McLaughlin (Age 42)
    Executive VP, Chief Legal Officer & Corporate Secretary
    Comp: $1.13M
  • Mr. Weifang Zhou (Age 59)
    Executive VP and President of Testing, Inspection & Certification
    Comp: $1.87M
  • Ms. Karen K. Pepping (Age 60)
    Senior VP & Chief Accounting Officer
  • Mitchell Ji
    Senior Vice President of Corporate Finance
  • Patty Crawford
    Senior VP & Chief Information Officer
  • Ms. Kathleen A. Fieweger (Age 59)
    Senior Vice President of Communications
  • Mr. Jeremy Choy
    Senior VP and Chief Strategy & Corporate Development Officer

ULS Stock Analysis - Frequently Asked Questions

How have ULS shares performed this year?

UL Solutions' stock was trading at $34.94 at the beginning of 2024. Since then, ULS shares have increased by 24.9% and is now trading at $43.65.
View the best growth stocks for 2024 here
.

How were UL Solutions' earnings last quarter?

UL Solutions Inc. (NYSE:ULS) released its earnings results on Monday, May, 20th. The company reported $0.28 earnings per share for the quarter, hitting analysts' consensus estimates of $0.28. The company earned $670 million during the quarter, compared to analysts' expectations of $667.66 million.

When did UL Solutions IPO?

UL Solutions (ULS) raised $946 million in an IPO on Friday, April 12th 2024. The company issued 33,800,000 shares at $28.00 per share.

When did UL Solutions' quiet period expire?

UL Solutions' quiet period expired on Wednesday, May 22nd. UL Solutions had issued 33,800,000 shares in its public offering on April 12th. The total size of the offering was $946,400,000 based on an initial share price of $28.00. During UL Solutions' quiet period, insiders and underwriters involved in the IPO were prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

How do I buy shares of UL Solutions?

Shares of ULS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ULS) was last updated on 7/15/2024 by MarketBeat.com Staff

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