UL Solutions Inc. (ULS)

NYSE: ULS · IEX Real-Time Price · USD
36.70
+0.09 (0.25%)
May 14, 2024, 4:00 PM EDT - Market closed
0.25%
Market Cap 7.34B
Revenue (ttm) 2.68B
Net Income (ttm) 260.00M
Shares Out 200.00M
EPS (ttm) 1.30
PE Ratio 28.23
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 191,908
Open 36.90
Previous Close 36.61
Day's Range 36.51 - 37.12
52-Week Range 33.15 - 37.12
Beta n/a
Analysts Strong Buy
Price Target 40.33 (+9.89%)
Earnings Date May 20, 2024

About ULS

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 co... [Read more]

Sector Industrials
IPO Date Apr 12, 2024
Employees 14,892
Stock Exchange NYSE
Ticker Symbol ULS
Full Company Profile

Financial Performance

In 2023, UL Solutions's revenue was $2.68 billion, an increase of 6.27% compared to the previous year's $2.52 billion. Earnings were $260.00 million, a decrease of -11.26%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ULS stock is "Strong Buy." The 12-month stock price forecast is $40.33, which is an increase of 9.89% from the latest price.

Price Target
$40.33
(9.89% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

UL Solutions Issues First Verified Healthy Building Mark in Taiwan to Nan Shan Life

TAIPEI CITY, Taiwan--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced that Nan Shan Life Insurance Co. Ltd. (Nan Shan Life) achieved the first UL V...

8 hours ago - Business Wire

UL Solutions Inc. Sets Date for First Quarter 2024 Results

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global safety science leader in independent third-party testing, inspection and certification services and related software and advi...

6 days ago - Business Wire

UL Solutions' stock soars 21.5% in trading debut after upsized IPO priced at high end of range

The stock of UL Solutions, a testing, inspection and certification company, rose 21.5% in its trading debut Friday, after the upsized initial public offering priced at the high end of its $26 to $29 p...

4 weeks ago - Market Watch

UL Solutions prices upsized IPO to raise $946.4 million

UL Solutions, a testing, inspection and certification company, priced its upsized initial public offering late Thursday at $28 a share, closer to the high end of its $26 to $29 price range. The offeri...

4 weeks ago - Market Watch

UL Solutions Announces Pricing of Upsized Initial Public Offering

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (“UL Solutions”) today announced the pricing of its upsized initial public offering of 33,800,000 shares of its Class A common stock at a public of...

4 weeks ago - Business Wire

Safety testing company UL Solutions eyes up to $5.8 bln valuation in US IPO

April 2 (Reuters) - Safety testing company UL Solutions is targeting a valuation of up to $5.8 billion in its U.S. initial public offering, the latest in a growing number of companies looking to tap i...

6 weeks ago - Reuters

UL Solutions launches IPO with plans for valuation of up to $5.8 billion

Testing, inspection and certification company is planning to offer 28 million shares priced at $26 to $29 each.

6 weeks ago - Market Watch

UL Solutions Announces Launch of Initial Public Offering

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (“UL Solutions”) today announced the launch of its initial public offering (the “IPO”) of 28,000,000 shares of its Class A common stock and the com...

6 weeks ago - Business Wire

UL Solutions publicly files for US IPO

UL Solutions on Monday publicly filed its paperwork for a US initial public offering (IPO). The company, which offers independent third-party testing,...

6 months ago - Proactive

UL Solutions Publicly Files Registration Statement for Proposed Initial Public Offering

UL Solutions Inc. today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchan...

6 months ago - Business Wire

UL Solutions IPO Registration Document (S-1)

UL Solutions has filed to go public with an IPO on the New York Stock Exchange (NYSE).

6 months ago - SEC