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NYSE:ULS

UL Solutions (ULS) Stock Price, News & Analysis

UL Solutions logo
$52.70
+0.09 (+0.17%)
(As of 10/30/2024 ET)

About UL Solutions Stock (NYSE:ULS)

Key Stats

Today's Range
$52.37
$52.92
50-Day Range
$47.60
$55.15
52-Week Range
$33.15
$56.28
Volume
309,948 shs
Average Volume
739,487 shs
Market Capitalization
$10.54 billion
P/E Ratio
N/A
Dividend Yield
0.95%
Price Target
$45.80
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
38th Percentile Overall Score

ULS MarketRank™: 

UL Solutions scored higher than 38% of companies evaluated by MarketBeat, and ranked 239th out of 338 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 only been the subject of 4 research reports in the past 90 days.

  • Read more about UL Solutions' stock forecast and price target.
  • Percentage of Shares Shorted

    1.91% 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 0.9, 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 57.31%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    UL Solutions has a dividend yield of 0.94%, 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 32.05% 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

    1.91% 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 0.9, 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 57.31%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    UL Solutions has a news sentiment score of 1.14. 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 higher news sentiment than the 0.59 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for UL Solutions this week, compared to 4 articles on an average week.
  • Search Interest

    5 people have searched for ULS on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added UL Solutions to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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.
Tim Sykes’ Urgent Trade Alert: “Make this move now”
Tim Sykes - the world’s most apolitical Millionaire trader - just sat down for an urgent election interview… Breaking down the ONE MOVE you must make before the November 5th election to set yourself up for a prosperous 2025.
See More Headlines

ULS Stock Analysis - Frequently Asked Questions

UL Solutions' stock was trading at $34.94 on January 1st, 2024. Since then, ULS shares have increased by 50.8% and is now trading at $52.70.
View the best growth stocks for 2024 here
.

UL Solutions Inc. (NYSE:ULS) announced its quarterly earnings results on Wednesday, July, 31st. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.06. The firm's revenue for the quarter was up 6.0% 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 $28.00 per share.

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

UL Solutions' top institutional shareholders include DekaBank Deutsche Girozentrale (0.38%), Conestoga Capital Advisors LLC (0.35%), Seven Grand Managers LLC (0.12%) and Raymond James & Associates (0.11%). 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

Last Earnings
7/31/2024
Ex-Dividend for 9/9 Dividend
8/30/2024
Dividend Payable
9/09/2024
Today
10/30/2024
Next Earnings (Confirmed)
11/05/2024
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
$45.80
High Stock Price Target
$60.00
Low Stock Price Target
$38.00
Potential Upside/Downside
-12.9%
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
$2.76 billion

Miscellaneous

Free Float
N/A
Market Cap
$10.52 billion
Optionable
N/A
Beta
N/A
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This page (NYSE:ULS) was last updated on 10/30/2024 by MarketBeat.com Staff
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