4. Universal Truckload Services (UACL - Get Report) is mainly an asset-light provider of transportation services to shippers throughout the U.S. and in the Canadian provinces of Ontario and Quebec. Besides, it also provides truck brokerage services, full service international freight forwarding and customs house brokerage services. The company will announce its first quarter results on April 29.
Net income for the first quarter is estimated at $2.15 million on sales of $153 million, as compared to $2.07 million recorded on $139.04 million sales for the same period in 2010, as per analysts polled by Bloomberg. Earnings per share are forecast at 13 cents for the quarter. Gross margin for the quarter is forecasted to increase to 23.5% from 22.25% recorded in the year ago quarter.
Of the 6 analysts covering the stock, 33% recommends a buy, while remaining suggest a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg expect the stock to gain almost 17.2% to $18.3 from current levels over the next 12 months.