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NYSE:ULS

UL Solutions (ULS) Stock Price, News & Analysis

UL Solutions logo
$52.95 +0.13 (+0.25%)
(As of 11:01 AM ET)

About UL Solutions Stock (NYSE:ULS)

Key Stats

Today's Range
$52.54
$53.40
50-Day Range
$48.42
$54.29
52-Week Range
$33.15
$59.23
Volume
111,804 shs
Average Volume
744,375 shs
Market Capitalization
$10.60 billion
P/E Ratio
N/A
Dividend Yield
0.94%
Price Target
$49.00
Consensus Rating
Moderate Buy

Company Overview

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.

UL Solutions Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
46th Percentile Overall Score

ULS MarketRank™: 

UL Solutions scored higher than 46% of companies evaluated by MarketBeat, and ranked 168th out of 328 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    UL Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    UL Solutions has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about UL Solutions' stock forecast and price target.
  • Earnings Growth

    Earnings for UL Solutions are expected to grow by 10.46% in the coming year, from $1.53 to $1.69 per share.

  • Price to Book Value per Share Ratio

    UL Solutions has a P/B Ratio of 11.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about UL Solutions' valuation and earnings.
  • Percentage of Shares Shorted

    0.84% of the float of UL Solutions has been sold short.
  • Short Interest Ratio / Days to Cover

    UL Solutions has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in UL Solutions has recently decreased by 56.21%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    UL Solutions has a dividend yield of 0.97%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    UL Solutions does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, UL Solutions will have a dividend payout ratio of 29.59% next year. This indicates that UL Solutions will be able to sustain or increase its dividend.

  • Read more about UL Solutions' dividend.
  • Percentage of Shares Shorted

    0.84% of the float of UL Solutions has been sold short.
  • Short Interest Ratio / Days to Cover

    UL Solutions has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in UL Solutions has recently decreased by 56.21%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    UL Solutions has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for UL Solutions this week, compared to 4 articles on an average week.
  • Search Interest

    Only 2 people have searched for ULS on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added UL Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, UL Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $147,000,000.00 in company stock.

  • Read more about UL Solutions' insider trading history.
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ULS Stock News Headlines

April 18, 2024, Brazil. In this photo illustration, the UL Solutions Inc. logo is displayed on a smartphone screen
UL Solutions Stock Breakout Imminent – Is Now the Time to Buy?
UL Solutions (NYSE: ULS) offers testing, inspection, and certification services, with its UL Mark on billions of products.
Implied Volatility Surging for UL Solutions (ULS) Stock Options
When it comes to NVDA… “acceleration cycles” are the key
Expert options trader Graham Lindman has been working on a new way to tap into Nvidia’s options… By simply isolating outsized “acceleration cycles” within Nvidia stock (most investors don’t even know it exists)... And thanks to many months and late nights working out the kinks of the systems… They have finally found a way to target these cycles on Nvidia over and over again.
UL Solutions to Attend Upcoming Investor Conferences
UL Solutions Inc. Achieves Strong Revenue Growth in Q3 2024
See More Headlines

ULS Stock Analysis - Frequently Asked Questions

UL Solutions' stock was trading at $34.94 at the beginning of the year. Since then, ULS stock has increased by 51.2% and is now trading at $52.82.
View the best growth stocks for 2024 here
.

UL Solutions Inc. (NYSE:ULS) announced its quarterly earnings data on Tuesday, November, 5th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.10. The business's revenue for the quarter was up 8.1% on a year-over-year basis.

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

UL Solutions' lock-up period expired on Wednesday, October 9th. 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. Since the end of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

UL Solutions' top institutional investors include FMR LLC (1.78%), Janus Henderson Group PLC (1.15%), Massachusetts Financial Services Co. MA (0.94%) and Soros Fund Management LLC (0.57%). 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that UL Solutions investors own include 3M (MMM), Cogent Communications (CCOI), Altria Group (MO), PayPal (PYPL), W. P. Carey (WPC), AbbVie (ABBV) and Darden Restaurants (DRI).

Company Calendar

Ex-Dividend for 9/9 Dividend
8/30/2024
Dividend Payable
9/09/2024
Last Earnings
11/05/2024
Today
11/21/2024
Ex-Dividend for 12/9 Dividend
11/29/2024
Dividend Payable
12/09/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/06/2025

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
$49.00
High Stock Price Target
$62.00
Low Stock Price Target
$40.00
Potential Upside/Downside
-7.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
12 Analysts

Profitability

Net Income
$260 million
Pretax Margin
14.28%

Debt

Sales & Book Value

Annual Sales
$2.68 billion
Book Value
$4.48 per share

Miscellaneous

Free Float
N/A
Market Cap
$10.60 billion
Optionable
N/A
Beta
N/A
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This page (NYSE:ULS) was last updated on 11/21/2024 by MarketBeat.com Staff
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