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NYSE:ULS

UL Solutions (ULS) Stock Price, News & Analysis

$53.21
+0.26 (+0.49%)
(As of 08/21/2024 ET)
Today's Range
$52.60
$53.52
50-Day Range
$40.42
$53.55
52-Week Range
$33.15
$53.78
Volume
220,973 shs
Average Volume
636,950 shs
Market Capitalization
$10.64 billion
P/E Ratio
N/A
Dividend Yield
0.94%
Price Target
$43.90

UL Solutions MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
17.5% Downside
$43.90 Price Target
Short Interest
Healthy
2.50% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.79mentions of UL Solutions in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.04%
From $1.49 to $1.58 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.

1.51 out of 5 stars

Business Services Sector

235th out of 301 stocks

Testing Laboratories Industry

1st 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 Inc (72R.MU)
Analysts Set UL Solutions Inc. (NYSE:ULS) Target Price at $43.90
Wanted Dead: 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 Factor-Based Stock Analysis
Wanted Dead: 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 Inc. Class A (ULS) Gets a Buy from Stifel Nicolaus
UL Solutions: Where Is The Safety?
See More Headlines
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Company Calendar

Ex-Dividend for 6/18 Dividend
6/03/2024
Dividend Payable
6/18/2024
Last Earnings
7/31/2024
Today
8/21/2024
Ex-Dividend for 9/9 Dividend
8/30/2024
Dividend Payable
9/09/2024
Next Earnings (Estimated)
10/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$43.90
High Stock Price Target
$56.00
Low Stock Price Target
$38.00
Potential Upside/Downside
-17.5%
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
$10.64 billion
Optionable
N/A
Beta
N/A
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ULS Stock Analysis - Frequently Asked Questions

How have ULS shares performed this year?

UL Solutions' stock was trading at $34.94 at the start of the year. Since then, ULS stock has increased by 52.3% and is now trading at $53.21.
View the best growth stocks for 2024 here
.

How were UL Solutions' earnings last quarter?

UL Solutions Inc. (NYSE:ULS) issued its quarterly earnings results on Wednesday, July, 31st. The company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.06. The business's quarterly revenue was up 6.0% on a year-over-year basis.

When did UL Solutions IPO?

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

When does UL Solutions' lock-up period expire?

UL Solutions' lock-up period expires on Wednesday, October 9th. UL Solutions had issued 33,800,000 shares in its initial public offering on April 12th. The total size of the offering was $946,400,000 based on an initial share price of $28.00. After the expiration of UL Solutions' lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Who are UL Solutions' major shareholders?

UL Solutions' top institutional shareholders include Massachusetts Financial Services Co. MA (1.14%), American Century Companies Inc. (0.82%), AltraVue Capital LLC (0.42%) and Conestoga Capital Advisors LLC (0.35%). Insiders that own company stock include Jennifer F Scanlon, Ryan D Robinson, Weifang Zhou, James M Shannon, Karen K Pepping, Linda S Chapin and Ulse Inc.
View institutional ownership trends
.

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 8/22/2024 by MarketBeat.com Staff

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