NYSE:ULS

UL Solutions (ULS) Stock Price, News & Analysis

$35.77
-0.30 (-0.83%)
(As of 05/7/2024 ET)
Today's Range
$34.90
$36.92
50-Day Range
N/A
52-Week Range
$33.15
$36.92
Volume
657,548 shs
Average Volume
948,291 shs
Market Capitalization
$7.15 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$40.30

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

The 3 Hottest Insiders Buys This Month (ULS)
The #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique Way
See how with its ongoing expansion and development of its diverse and promising product pipeline, this small-cap NYSE company is positioned to be a dominant and innovative leader in the nanomedicine and antiviral therapy space.
Analysts bullish on UL Solutions
Ul solutions CFO acquires $2m in company stock
UL Solutions Inc (ULS)
UL Solutions Inc Class A common stock
The #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique Way
See how with its ongoing expansion and development of its diverse and promising product pipeline, this small-cap NYSE company is positioned to be a dominant and innovative leader in the nanomedicine and antiviral therapy space.
Thrilled To Up-Size IPO: UL Solutions CEO
UL Solutions Finally Debuts, Stock Jumps
UL Solutions Stock: A Global Safety Science Leader
See More Headlines
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Company Calendar

Today
5/07/2024
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
$40.30
High Stock Price Target
$42.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+12.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
11 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Market Cap
$7.15 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

Should I buy or sell UL Solutions stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for UL Solutions in the last twelve months. There are currently 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ULS shares.
View ULS analyst ratings
or view top-rated stocks.

What is UL Solutions' stock price target for 2024?

11 brokerages have issued 12 month price targets for UL Solutions' shares. Their ULS share price targets range from $38.00 to $42.00. On average, they predict the company's share price to reach $40.30 in the next twelve months. This suggests a possible upside of 12.7% from the stock's current price.
View analysts price targets for ULS
or view top-rated stocks among Wall Street analysts.

How have ULS shares performed in 2024?

UL Solutions' stock was trading at $34.94 at the beginning of 2024. Since then, ULS stock has increased by 2.4% and is now trading at $35.77.
View the best growth stocks for 2024 here
.

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 a price of $28.00 per share.

When does the company's quiet period expire?

UL Solutions' quiet period expires on Wednesday, May 22nd. UL Solutions had issued 33,800,000 shares in its IPO on April 12th. The total size of the offering was $946,400,000 based on an initial share price of $28.00. During the company's quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage 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 5/8/2024 by MarketBeat.com Staff

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