Option chain shows key data for Universal Logistics Hldgs's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Universal Logistics Hldgs.

Universal Logistics Hldgs (NASDAQ:ULH) Stock, Option Chain

Universal Logistics Hldgs

Universal Logistics Holdings Inc is an asset-light provider of customized transportation and logistics solutions throughout the United States, and in Mexico, Canada and Colombia. It offers services such as truckload, brokerage, intermodal, dedicated, and value-added services. The company reports into four segments namely trucking, intermodal, company-managed brokerage, and contract logistics. The majority of the revenue is earned from the contract logistics segment.

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Universal Logistics Holdings, Inc. - Common Stock

Universal Logistics Holdings Inc

Realty Income's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) short percent of float has risen 12.04% since its last report. The company recently reported that it has 18.41 million shares sold short, which is 2.42% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.08 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Realty Income Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732565720_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Realty Income has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Realty Income's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Realty Income's peer group average for short interest as a percentage of float is 4.78%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About Realty Income?

Enphase Energy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NYSE">ENPH</a>) short percent of float has risen 7.8% since its last report. The company recently reported that it has 15.84 million shares sold short, which is 15.76% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.03 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Enphase Energy Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732565715_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Enphase Energy has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Enphase Energy's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Enphase Energy's peer group average for short interest as a percentage of float is 7.37%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

ENPH

How Is The Market Feeling About Enphase Energy?

Tractor Supply's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NYSE">TSCO</a>) short percent of float has fallen 7.71% since its last report. The company recently reported that it has 6.00 million shares sold short, which is 6.34% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.66 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Tractor Supply Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732565710_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Tractor Supply has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Tractor Supply's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Tractor Supply's peer group average for short interest as a percentage of float is 12.61%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

TSCO

Looking Into Tractor Supply's Recent Short Interest

UUUU

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Rivian Automotive Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) shares are racing higher on Monday. The EV stock appears to be reacting to reports that Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) reached a &#8220;conditional&#8221; settlement with Rivian in regard to <a href="https://www.benzinga.com/24/11/42156817/tesla-rivian-settle-battery-tech-theft-dispute-after-nearly-4-years">a 2020 lawsuit</a>.
What Happened: According to a Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-11-22/tesla-says-it-s-settling-technology-theft-suit-against-rivian">report</a>, Tesla said it reached a conditional settlement in its 2020 lawsuit against Rivian in which the Elon Musk-led company accused Rivian of poaching Tesla employees to get ahold of its EV trade secrets. 
Tesla reportedly told a California judge that it plans to seek dismissal of the case by Dec. 24 if the terms of the settlement are met. Tesla didn&#8217;t disclose specifics about the conditional agreement in its court filing. 
About four years ago, Musk flagged an &#8220;alarming pattern&#8221; of <a href="http://benzinga.com/quote/tsla">Tesla</a> employees being poached by Rivian. Tesla even claimed that some workers were caught misappropriating Tesla&#8217;s internal technology for its next-gen batteries. 
Rivian reportedly denied all wrongdoing related to the lawsuit and suggested that Tesla was merely attempting to stifle competition in the EV space. 
Rivian previously failed to get the lawsuit thrown out and a trial was scheduled for March. It appears an agreement between the two EV makers could bring the dispute to a close before the end of the year. 
Check This Out: <a href="https://www.benzinga.com/news/24/11/42152721/tesla-cybertruck-part-of-donald-trumps-motorcade-will-vehicle-land-government-deals">Tesla Cybertruck Part Of Donald Trump&#8217;s Motorcade, Will Vehicle Land Government Deals?</a>
Rivian recently launched a new joint venture with Volkswagen called "Rivian and VW Group Technology"&nbsp;that will focus on providing next-gen electrical architecture and software technology for future electric vehicles.
Rivian and Volkswagen expect to reduce development costs and scale new technologies more quickly through the joint venture, which aims to use existing Rivian architecture and software to enable the launch of Rivian's R2 in the first half of 2026.
RIVN Price Action: <a href="http://benzinga.com/quote/rivn">Rivian shares</a> were up 10.9% at $11.36 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: courtesy of Rivian.

RIVN

TSLA

Rivian Stock Is Ripping Higher Monday: What's Driving The Action?

Rivian Automotive shares are trading higher in possible reaction to to reports that Tesla reached a "conditional" settlement with Rivian in regard to a 2020 lawsuit.

Transcode Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNAZ#NASDAQ">RNAZ</a>) shares are trading lower by 9% to 34 cents Monday afternoon after the company announced its Board&#8217;s approval of a <a href="https://www.benzinga.com/pressreleases/24/11/g42160031/transcode-therapeutics-announces-1-for-33-reverse-stock-split">1-for-33 reverse stock split</a>, aiming to boost its share price and maintain compliance with Nasdaq&#8217;s minimum bid price requirements.
What Else: Approved by stockholders on November 22, the split consolidates every 33 shares into one, reducing the outstanding shares from approximately 17.3 million to 523,202.
Fractional shares resulting from the split will be rounded up to the nearest whole share. Adjustments will also apply to the exercise prices of stock options, warrants, and shares under the company's incentive plans.
The effective date of the reverse split will be announced at least two business days in advance.
Read Also: <a href="https://www.benzinga.com/general/health-care/24/11/42168118/pharma-bro-martin-shkreli-tells-investors-to-short-sava-stock-falls-over-80-after-phase-3-update">&#8216;Pharma Bro&#8217; Martin Shkreli Tells Investors To &#8216;Short SAVA,&#8217; Stock Falls Over 80% After Phase 3 Update</a>
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, RNAZ has a 52-week high of $18.48 and a 52-week low of $0.22.

RNAZ

Why Transcode Therapeutics (RNAZ) Stock Is Moving

Insider Trades

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BRK/B

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Financial giants have made a conspicuous bullish move on EQT. Our analysis of options history for EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) revealed 9 unusual trades.
Delving into the details, we found 55% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $139,334, and 7 were calls, valued at $434,510.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $30.0 to $50.0 for EQT during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for EQT's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of EQT's whale trades within a strike price range from $30.0 to $50.0 in the last 30 days. 
<h3>EQT Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732564831_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>EQT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$0.85</td>
<td>$0.68</td>
<td>$0.75</td>
<td>$50.00</td>
<td>$112.5K</td>
<td>2.5K</td>
<td>517</td>
</tr>
<tr>
<td>EQT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$0.26</td>
<td>$0.25</td>
<td>$0.26</td>
<td>$43.00</td>
<td>$107.6K</td>
<td>1.4K</td>
<td>4.0K</td>
</tr>
<tr>
<td>EQT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$4.75</td>
<td>$4.65</td>
<td>$4.65</td>
<td>$46.00</td>
<td>$106.9K</td>
<td>1.5K</td>
<td>232</td>
</tr>
<tr>
<td>EQT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$8.3</td>
<td>$8.0</td>
<td>$8.19</td>
<td>$43.00</td>
<td>$73.7K</td>
<td>132</td>
<td>11</td>
</tr>
<tr>
<td>EQT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.51</td>
<td>$2.39</td>
<td>$2.51</td>
<td>$47.00</td>
<td>$50.1K</td>
<td>1.6K</td>
<td>220</td>
</tr>
</tbody>
</table>

<h3>About EQT</h3>
EQT Corp is an independent natural gas production company with operations focused in the Marcellus and Utica shale plays in the Appalachian Basin. At year-end 2023, EQT's proven reserves totaled 27.6 trillion cubic feet equivalent, with net production of 5.79 billion cubic feet equivalent per day. Natural gas accounted for 94% of production.
<h3>Where Is EQT Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 8,088,543, with EQT's price up by 1.07%, positioned at $46.41.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 78 days.</li>
</ul>
<h3>What Analysts Are Saying About EQT</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $42.2.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Stephens &amp; Co. keeps a Equal-Weight rating on EQT with a target price of $38. 
&#x2A; Consistent in their evaluation, an analyst from Mizuho keeps a Neutral rating on EQT with a target price of $45. 
&#x2A; Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on EQT with a target price of $52. 
&#x2A; Maintaining their stance, an analyst from UBS continues to hold a Neutral rating for EQT, targeting a price of $42. 
&#x2A; Maintaining their stance, an analyst from Piper Sandler continues to hold a Neutral rating for EQT, targeting a price of $34. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for EQT, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Smart Money Is Betting Big In EQT Options

Deep-pocketed investors have adopted a bullish approach towards IonQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in IONQ usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 46 extraordinary options activities for IonQ. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 50% leaning bullish and 41% bearish. Among these notable options, 9 are puts, totaling $506,265, and 37 are calls, amounting to $2,889,406.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $5.0 to $50.0 for IonQ during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for IonQ's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of IonQ's whale trades within a strike price range from $5.0 to $50.0 in the last 30 days. 
<h3>IonQ Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732564826_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$24.0</td>
<td>$21.5</td>
<td>$24.0</td>
<td>$12.50</td>
<td>$480.0K</td>
<td>480</td>
<td align="right">200</td>
</tr>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$21.1</td>
<td>$19.75</td>
<td>$19.75</td>
<td>$15.00</td>
<td>$296.2K</td>
<td>4.4K</td>
<td align="right">0</td>
</tr>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$10.4</td>
<td>$9.35</td>
<td>$9.5</td>
<td>$50.00</td>
<td>$285.0K</td>
<td>13</td>
<td align="right">357</td>
</tr>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$9.75</td>
<td>$9.5</td>
<td>$9.5</td>
<td>$50.00</td>
<td>$136.8K</td>
<td>13</td>
<td align="right">657</td>
</tr>
<tr>
<td>IONQ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$5.6</td>
<td>$5.5</td>
<td>$5.5</td>
<td>$35.00</td>
<td>$123.2K</td>
<td>230</td>
<td align="right">235</td>
</tr>
</tbody>
</table>

<h3>About IonQ</h3>
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems, and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
After a thorough review of the options trading surrounding IonQ, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>IonQ's Current Market Status</h3>
<ul>
<li>Trading volume stands at 26,800,843, with IONQ's price down by -1.64%, positioned at $31.28.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 93 days.</li>
</ul>
<h3>What The Experts Say On IonQ</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $20.666666666666668.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Craig-Hallum continues to hold a Buy rating for IonQ, targeting a price of $22. 
&#x2A; Consistent in their evaluation, an analyst from Needham keeps a Buy rating on IonQ with a target price of $18. 
&#x2A; Maintaining their stance, an analyst from Benchmark continues to hold a Buy rating for IonQ, targeting a price of $22. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest IonQ options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

IONQ

Smart Money Is Betting Big In IONQ Options

Investors with a lot of money to spend have taken a bearish stance on Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with LMT, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 40 uncommon options trades for Lockheed Martin.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 45%, bearish.
Out of all of the special options we uncovered, 26 are puts, for a total amount of $1,899,414, and 14 are calls, for a total amount of $920,206.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $230.0 to $900.0 for Lockheed Martin over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Lockheed Martin's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Lockheed Martin's substantial trades, within a strike price spectrum from $230.0 to $900.0 over the preceding 30 days.
<h3>Lockheed Martin Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732564820_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LMT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$8.2</td>
<td>$7.8</td>
<td>$8.2</td>
<td>$500.00</td>
<td>$205.0K</td>
<td align="right">669</td>
<td align="right">323</td>
</tr>
<tr>
<td>LMT</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$8.5</td>
<td>$7.9</td>
<td>$8.2</td>
<td>$500.00</td>
<td>$204.1K</td>
<td align="right">669</td>
<td align="right">573</td>
</tr>
<tr>
<td>LMT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$7.6</td>
<td>$7.0</td>
<td>$7.6</td>
<td>$500.00</td>
<td>$189.2K</td>
<td align="right">669</td>
<td align="right">597</td>
</tr>
<tr>
<td>LMT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$133.5</td>
<td>$132.5</td>
<td>$133.5</td>
<td>$400.00</td>
<td>$160.2K</td>
<td align="right">19</td>
<td align="right">12</td>
</tr>
<tr>
<td>LMT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$11.8</td>
<td>$11.6</td>
<td>$11.6</td>
<td>$485.00</td>
<td>$156.5K</td>
<td align="right">45</td>
<td align="right">136</td>
</tr>
</tbody>
</table>

<h3>About Lockheed Martin</h3>
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
Having examined the options trading patterns of Lockheed Martin, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Lockheed Martin Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 1,752,276, the LMT's price is down by -4.62%, now at $517.17. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 57 days.</li>
</ul>
<h3>Professional Analyst Ratings for Lockheed Martin</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $565.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on Lockheed Martin with a target price of $565. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Lockheed Martin, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Lockheed Martin's Options: A Look at What the Big Money is Thinking

Upexi, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPXI#NASDAQ">UPXI</a>) shares are trading lower. The company filed a complaint in the U.S. District Court for Nevada to investigate those behind the manipulative fractional share round-up scheme during its <a href="https://www.benzinga.com/news/24/10/41548075/whats-going-on-with-upexi-shares-friday">reverse stock split.</a>
The Details: Upexi believes that through the discovery process the company will be able to decipher who engaged in the manipulative trading transactions.
The company completed a 12-for-1 reverse stock split in early October. Before the split, it had fewer than 5,000 shareholders. Following the split, five brokerage firms requested 199,059 of the 202,183 total roundup shares, which account for about 19% of Upexi&#8217;s outstanding stock. 
This represents approximately 40 times the number of shareholders the company had before the reverse stock split.
&#8220;The company has taken the first and precedent-setting action in exposing the blatant manipulation around reverse stock splits. Since our previous release regarding this issue, I have been contacted by a number of companies who also were victims of this damaging stock manipulation scheme. I am astonished by the extent of the evidentiary support and encouragement I have received from multiple sources to advance our claims against those whom we believe manipulated the shares of Upexi and other securities,&#8221; said Allan Marshall, CEO of Upexi.
Related Link: <a href="https://www.benzinga.com/news/24/11/42154628/larry-page-google-co-founder-said-hed-leave-his-fortune-to-elon-musk-over-charity-because-of-his-plans-to-go">Larry Page, Google Co-Founder, Said He&#8217;d Leave His Fortune To Elon Musk Over Charity Because Of His Plans &#8216;To Go To Mars To Back Up Humanity&#8217;</a>
UPXI Price Action: At the time of writing, Upexi shares are trading 11.9% lower at $4.97, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Photo via Shutterstock

UPXI

What's Going On With Upexi Shares Monday?

Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) has gained traction amid rising burn rates, sparking optimism among technical analysts about bullish momentum <a href="https://www.benzinga.com/money/shiba-inu-price-prediction">for the token.</a>
What Happened: According to Shibburn data, the burn rate for SHIB surged by 486.8% over the past day, with 5.9 million SHIB coins permanently removed from circulation.
 A single transaction alone accounted for around 2 million burned tokens.
Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, recently <a href="https://x.com/ShytoshiKusama/status/1860503088324387310">noted</a> that while burning 99% of SHIB's supply seemed improbable in the past, it now appears achievable due to increasing collaborations within the Shibarium ecosystem.
Kusama urged more projects to adopt Shibarium's tech stack to accelerate the burn rate
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42154817/crypto-analyst-sees-shiba-inu-surging-more-than-2000-in-coming-rally">Crypto Analyst Sees Shiba Inu Surging More Than 2,000% In Coming Rally</a>
Why It Matters: Despite the spike in the burn rate, data from IntoTheBlock shows a 48% decline in large transaction volumes and a 24.6% drop in daily active addresses. 
Transactions exceeding $100,000 fell from 939 to 626 in a single day.
On the other hand, Shibariumscan recorded a rise in daily transactions, increasing from 4.75 million on Nov. 23 to 4.77 million on Nov. 24. 
DefiLlama data highlighted that Shibarium's total value locked (TVL) reached an all-time high of $4.76 million.
Benzinga Technical Analysis shows a relative strength index (RSI) of 39 for SHIB, suggesting the token is currently oversold, which could lead to a price rebound. 
Shiba Inu's 50-day Simple Moving Average (SMA) has surpassed its 100-day and 200-day SMA, signaling a bullish trend and potential buying opportunities.
Price Action: Shiba Inu is trading at $0.00002564 at the time of writing, up 2.5% over the past 24 hours.
Read Next:
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42135319/dogecoin-up-3-shiba-inu-up-4-what-is-going-on">Dogecoin Up 3%, Shiba Inu Up 4%: What Is Going On?</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$SHIB

Shiba Inu Burn Rate Soars 487% In A Day: What Is Going On?

CHGG

Chegg shares are trading higher after the company announced the repurchase of its 0% convertible senior notes due 2026.

HOOD

Robinhood Markets shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $24 to $55.

<a href="https://www.benzinga.com/topic/compass-pathways">COMPASS Pathways</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMPS#NASDAQ">CMPS</a>), a key player in the <a href="https://www.benzinga.com/markets/psychedelics">psychedelics industry</a>, recently experienced a $43 million drop in market capitalization, reducing its value to $302 million. As Simply Wall St. <a href="https://simplywall.st/stocks/us/pharmaceuticals-biotech/nasdaq-cmps/compass-pathways/news/in-the-wake-of-compass-pathways-plcs-nasdaqcmps-latest-us43m">reported</a>, this decline has placed institutional investors, who own 30% of the company's shares, under increasing pressure to act. The stock has already faced a 32% loss over the past year, raising concerns about its future trajectory.
<h3 class="wp-block-heading">Institutional Ownership And Its Implications</h3>
Institutional investors, often referred to as &#8220;smart money,&#8221; hold the largest stake in COMPASS Pathways. These entities, which include hedge funds owning 13%, are known for their active investment strategies and significant influence on stock prices. A simultaneous sell-off by large institutional shareholders could exacerbate the company's losses, making the current situation pivotal for its stability.
The top nine shareholders collectively own 52% of the company, with George Goldsmith, a co-founder, holding the largest individual stake at 11%. Such concentrated ownership underscores the significant influence these stakeholders wield over the company's future.
<h3 class="wp-block-heading">Insider And Public Stakeholders</h3>
Insiders account for 15% of ownership, valued at $46 million. This level of insider investment suggests a strong alignment of interests between the company&#8217;s leadership and its shareholders. However, balancing the influence of insiders with accountability remains a concern.
The general public holds 25% of COMPASS Pathways, reflecting the involvement of retail investors in the company&#8217;s trajectory. While this group lacks the power to dictate strategy, it plays a critical role in shaping sentiment and trading activity.
<h3 class="wp-block-heading">Private Equity And Strategic Interests</h3>
Private equity firms control 5.6% of COMPASS Pathways, signaling potential for strategic input into the company's operations. Additionally, public companies own 10% of the business, likely reflecting related business interests or a de-merger history, warranting further investigation into these relationships.
<h3 class="wp-block-heading">Broader Implications&nbsp;</h3>
The recent market cap drop highlights the challenges faced by COMPASS Pathways amid broader industry volatility. As institutions weigh their options, the potential for further sell-offs looms, which could negatively impact retail and smaller investors. Analysts will be closely monitoring the company&#8217;s ability to stabilize its earnings trajectory and maintain investor confidence.
Compass shares traded +2.04% at $4.50 per share at the time of this publication early afternoon on Monday.
Cover image made with AI

Cannabis

Psychedelics

CMPS

COMPASS Pathways: Institutional Pressure Amid $43M Market Cap Decline, What's Next For This Psychedelics Co?

President-elect Donald Trump's legal troubles are set to ease after Special Counsel Jack Smith formally requested the dismissal of federal charges Monday linked to alleged attempts to overturn the 2020 election.
The move, filed in a Washington federal court Monday, is based on long-standing Justice Department guidance, <a href="https://www.cbsnews.com/">CBS News</a> reports.
What Happened: Smith asked the court to drop the charges against Trump, citing constitutional protections that shield sitting presidents from prosecution. The Justice Department concluded that allowing the case to proceed would conflict with these protections. 
Trump's legal team did not oppose the motion, and the dismissal is expected to be approved before his January inauguration.
Federal prosecutors had accused Trump of attempting to block the transfer of power after losing the 2020 election. The indictment alleged a coordinated effort to challenge the election results and pressure officials to overturn Joe Biden's victory. 
Also Read: <a href="https://www.benzinga.com/general/health-care/24/11/42077935/trump-picks-dr-oz-who-says-seniors-should-give-medical-marijuana-a-try-to-lead-centers-for-medicare-and-medicaid-services">Trump Picks Dr. Oz, Who Says Seniors Should Give Medical Marijuana A Try, To Lead Centers For Medicare And Medicaid Services</a>
Why It Matters: The decision brings an end to one of the most high-profile federal cases against Trump. Critics warn that dropping charges could create a precedent where sitting presidents are shielded from federal accountability. 
Smith, whose investigations also included Trump's handling of classified documents, is expected to resign after submitting a final report.
Trump, meanwhile, <a href="https://www.benzinga.com/news/24/11/42152895/trump-plans-doj-overhaul-including-firing-of-jack-smiths-team">plans sweeping changes</a> to the Department of Justice. Reports suggest he intends to fire Smith's team and revisit allegations of voter fraud, despite repeated findings that such claims lack evidence. Legal experts caution these moves could further erode trust in the Justice Department's impartiality.
Read Next:
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<li><a href="https://www.benzinga.com/markets/24/11/42158373/trumps-commerce-secretary-pick-howard-lutnicks-fund-owns-1-19b-in-nvidia-804m-in-tesla-here-is-a-look-at-his-portfolio">Trump&#8217;s Commerce Secretary Pick Howard Lutnick&#8217;s Fund Owns $1.19B In Nvidia, $804M In Tesla: Here Is A Look At His Portfolio</a></li>
</ul>
Photo: Shutterstock.

Politics

Legal

Special Prosecutor In Trump's Jan. 6 Case Asks For Dismissal Ahead Of Inauguration Day

Analysts expect CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) to report third-quarter revenue of $982.36 million <a href="https://www.benzinga.com/earnings">after market close Tuesday.</a> That&#8217;s up from $786.01 million in last year's third quarter, according to data <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112524&amp;t=be2bearmibe3na1">from Benzinga Pro.</a>
Observers will be closely watching the stock for signs of a recovery following a July IT outage — <a href="https://www.benzinga.com/news/24/07/39870313/microsoft-crowdstrike-issue-caused-largest-it-outage-in-history-showing-how-much-we-depend-on-a-hand">one of the largest in history</a>. 
Earnings Estimates: CrowdStrike has beaten analyst revenue estimates in more than 10 straight quarters.
Analysts expect the company to report third-quarter earnings per share of 81 cents, versus 82 cents in last year's third quarter. The company has beaten analyst earnings per share estimates in more than 10 straight quarters.
Guidance<a href="https://www.benzinga.com/news/earnings/24/08/40613150/crowdstrike-q2-earnings-revenue-beat-eps-beat-arr-up-32-even-more-customer-obsessed-company-followi"> from the company</a> calls for third-quarter revenue to be in a range of $979.2 million to $984.7 million. The company also is guiding for third-quarter earnings per share to be in a range of 80 cents to 81 cents per share.
Read Also: <a href="https://www.benzinga.com/markets/equities/24/11/41800177/crowdstrike-expands-cybersecurity-reach-in-europe-and-launches-ai-red-team-services">CrowdStrike Expands Cybersecurity Reach In Europe And Launches AI Red Team Services</a>
What Analysts Are Saying: Investor attention will be on CrowdStrike's recovery from its July 19 outage, Rosenblatt analyst Catherine Trebnick said in a new investor note.
The analyst reiterated a Buy rating and raised the price target from $325 to $385.
"Our channel checks suggest that customers remain confident in the company and are not stepping away," Trebnick said.
Trebnick said CrowdStrike could show "modest upside" from quarterly estimates and raise guidance.
"Some renewals may be delayed, but overall customer retention appears strong."
Guidance and the litigation overhang are key items being watched by WestPark Capital&#8217;s Paul Rodriguez. The analyst has a Hold rating and no price target. Future revenue can be impacted by customer discounts being used to help offset customer complaints about the July outage.
"Our checks suggest CRWD has not suffered much customer churn but CrowdStrike has had to make concessions to its clients base," Rodriguez said.
The analyst said there are concerns about heavy discounting being done in the field.
A litigation overhang mainly revolves around Delta Air Lines, is also a concern for the analyst after Delta decided to move forward with legal action.
"If other companies move further with litigation against CrowdStrike post the Delta news remains to be seen but this scenario does pose a risk to CrowdStrike shares."
Key Items to Watch: CrowdStrike said second-quarter annual recurring revenue was up 32% year-over-year. This remains a key item for investors to watch on Tuesday.
The company said the July outage inspired a renewed focus on becoming a "more customer-obsessed CrowdStrike." 
Cybersecurity remains a key theme going forward with companies increasing focus and spending on this category. Aside from the July outage recovery, new products and commentary on customer spending will be big items to watch for investors.
Price Action: CrowdStrike stock is down 2% to $363.80 on Monday versus a 52-week trading range of $200.81 to $398.30. CrowdStrike stock is up 47% year-to-date.
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/11/41803738/invesco-launches-new-etfs-targeting-ai-cybersecurity-and-defense-heres-how-some-of-their-peers-have">Invesco Launches New ETFs Targeting AI, Cybersecurity, And Defense. Here&#8217;s How Some Of Their Peers Have Performed In The Past Year</a></li>
</ul>
Image: Shutterstock

Analyst Color

Price Target

Previews

Reiteration

Analyst Ratings

CRWD

CrowdStrike Q3 Earnings Preview: Analysts Anticipate Recovery, 'Customers Remain Confident'

With the e-commerce boom and tech advancements, the logistics sector is flourishing. Amid this, watching fundamentally stable logistics stocks FedEx (FDX), Universal Logistics (ULH), and Radiant Logistics (RLGT) could be a wise move. Keep reading… With evolving consumer preferences, rapid adoption of advanced technologies like AI, IoT, and cloud computing, and an e-commerce boom have positioned the logistics market to witness robust expansion.
Given this backdrop, it could be wise to keep track of logistics stocks like FedEx Corporation (<a href="https://stocknews.com/stock/FDX/">FDX</a>), Universal Logistics Holdings, Inc. (<a href="https://stocknews.com/stock/ULH/">ULH</a>), and Radiant Logistics, Inc. (<a href="https://stocknews.com/stock/RLGT/">RLGT</a>) in light of the e-commerce boom.
The global logistics market is recovering strongly from the repercussions of the COVID-19 pandemic. In the previous year, the <a href="https://www.statista.com/statistics/943517/logistics-industry-global-cagr/">global logistics industry reached a market size</a> of nearly $9.41 trillion. The market is further expected to exceed $14.08 trillion by 2028, broadening the logistics industry scale.
Additionally, with easier access to the internet, convenience, and changing consumer preferences, the e-commerce market has been rapidly growing. The number of users in the <a href="https://www.statista.com/statistics/273957/number-of-digital-buyers-in-the-united-states/">U.S. e-commerce market</a> has been growing each year and is projected to grow continuously from 2024 to 2029, resulting in a total of 60 million users, indicating an increase of 21.9%.
E-commerce logistics is one of the country's fastest-growing industries, surpassing the staggering $1 trillion mark for the first time in 2022. The market continues to grow with rapid technological advancements for integrating logistics through automation. The U.S. e-commerce logistics market is projected to reach $198.39 billion by 2029, growing at a <a href="https://www.mordorintelligence.com/industry-reports/united-states-ecommerce-logistics-market">CAGR of 8.9%</a>.
Besides, new and advanced technologies, including Robotic Process Automation (RPA), cloud computing, and Artificial Intelligence (AI), are replacing weak links and altering the supply chain software market, leading to rapidly changing <a href="https://www.selecthub.com/supply-chain-management/supply-chain-management-future-trends/">supply chain trends</a>. At this time, trends like supply chain as a service (SCaaS), Blockchain, and Cloud SCM solutions are likely to prevail.
Considering these encouraging trends, let's delve deeper into the fundamentals of top <a href="https://stocknews.com/category/air-freight-shipping/">Air Freight &amp; Shipping Services</a> stocks, beginning with number 3.
Stock #3: FedEx Corporation (<a href="https://stocknews.com/stock/FDX/">FDX</a>)
FDX provides transportation, e-commerce, and business services internationally. The company operates through FedEx Express; FedEx Ground; FedEx Freight; and FedEx Services segments. It offers express transportation, small-package ground delivery, freight transportation services, and time-critical transportation services.
On September 18, FDX launched fdx.com, which is available to FedEx customers in the United States. It is a data-driven commerce platform with powerful FedEx network insights that connect the entire customer journey. The platform will help FDX's customers to grow demand, increase conversion, optimize fulfillment, and streamline returns.
On September 5, FDX announced a strategic alliance and investment with Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, to scale FedEx Fulfillment with their fully autonomous 3PL model. The strategic investment in Nimble will expand FDX's e-commerce footprint and scale FedEx Fulfillment offerings across North America.
FDX reported a total revenue of $21.58 billion during the fiscal first quarter that ended August 31, 2024, and its adjusted operating income was $1.21 billion. The company's <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> and EPS amounted to $892 million and $3.60 for the quarter, respectively.
Furthermore, as of August 31, 2024, the company's cash and cash equivalents and total assets stood at $5.94 billion and $86.71 billion, respectively.
Analysts expect FDX's revenue for the second quarter (ending November 2024) to increase marginally year-over-year to $22.17 billion, and its EPS for the same quarter is expected to grow 1.6% year-over-year to $4.05.
Shares of FDX have surged 5.8% over the past nine months to close the last trading session at $266.93.
FDX's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its outlook. FDX has a B grade for Quality. It is ranked #4 out of 16 <a href="https://stocknews.com/category/air-freight-shipping/">Air Freight &amp; Shipping Services</a> industry stocks. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
In addition to the POWR Ratings we've stated above, we also have other FDX ratings for Sentiment, Growth, Momentum, Stability, and Value. Get all FDX ratings <a href="https://stocknews.com/stock/FDX/">here</a>.
Stock #2: Universal Logistics Holdings, Inc. (<a href="https://stocknews.com/stock/ULH/">ULH</a>)
ULH offers transportation and logistics solutions internationally. The company provides truckload services, domestic and international freight forwarding, and customs brokerage services.
On September 30, ULH announced its acquisition of Parsec, LLC, Parsec Intermodal of Canada ULC, and OB Leasing, LLC, a market-leading provider of terminal management services to the Class I, regional, and short-line railroads across North America for a total transaction cash purchase price of $193.6 million.
During the fiscal second quarter that ended June 29, 2024, ULH's total operating revenues increased 12% year-over-year to $462.16 million. Its EBITDA grew 51.9% from the year-ago value to $84.81 million. The company's net income came in at $30.73 million and $1.17 per share, up 30.4% and 30% from the prior year's quarter, respectively.
Street expects ULH's revenue for the third quarter (ending September 2024) to increase 10.1% year-over-year to $463.70 million. Its EPS for the same quarter is expected to grow 34.1% year-over-year to $1.18. Also, the company has topped the consensus revenue estimates in all of the four trailing quarters, which is impressive.
The stock gained 46.3% over the past nine months to close the last trading session at $41.71.
ULH's POWR ratings reflect its solid fundamentals. It has a B grade for Value, Momentum, Growth, Stability, and Sentiment. It is ranked #3 in the Air Freight &amp; Shipping Services industry.
Beyond what is stated above, we've also rated ULH for Quality. Get all ULH ratings <a href="https://stocknews.com/stock/ULH/">here</a>.
Stock #1: Radiant Logistics, Inc. (<a href="https://stocknews.com/stock/RLGT/">RLGT</a>)
RLGT provides technology-enabled global transportation and value-added logistics solutions. It offers domestic, international air, and ocean freight forwarding services and freight brokerage services, including truckload and intermodal services. In addition, the company also provides logistics and supply chain services.
On October 2, RLGT announced the acquisition of operations of Focus Logistics, Inc., a Michigan-based, privately held company with operations in Romulus, Michigan, that has operated under the company's Service By Air brand since 2006. With this acquisition, RLGT continues to provide and ensure the success of its customers and employees.
For the fiscal fourth quarter that ended on June 30, 2024, RLGT's revenues came in at $802.47 million. Its adjusted gross profit came in at $236.52 million. Net income attributable to RLGT and adjusted EBITDA were reported to be $23.35 million and 28.68 million, respectively.
Analysts expect RLGT's revenue for the quarter ending September 2024 to increase 2% year-over-year to $215,03 million. Moreover, its revenues for the quarter ending December 2024 are expected to rise 6.8% year-over-year to $214.84 million.
The stock has gained 18.8% over the past six months to close the last trading session at $6.31.
RLGT's positive outlook is reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It has B grades for Sentiment, Value, and Growth. It has topped the 14 stocks in the Air Freight &amp; Shipping Services industry.
To see RLGT's Momentum, Stability, and Quality ratings, <a href="https://stocknews.com/stock/RLGT/">click here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

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FDX shares were trading at $263.47 per share on Thursday afternoon, down $3.46 (-1.30%). Year-to-date, FDX has gained 5.77%, versus a 20.36% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Anushka Dutta</h2> <img src='https:/wp-content/uploads/2021/08/Anushka-Dutta_Headshot_3.jpg' style="float:left; padding:5px;width:125px;">Anushka is an analyst whose interest in understanding the impact of broader economic changes on financial markets motivated her to pursue a career in investment research.<a href="https://stocknews.com/authors/?author=anushka-dutta">More...</a>The post <a href=https://stocknews.com/news/fdx-ulh-rlgt-3-logistics-stocks-to-watch-for-the-e-commerce-boom/>3 Logistics Stocks to Watch for the E-Commerce Boom</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Logistics Stocks to Watch for the E-Commerce Boom

As more consumers turn to online shopping, logistics companies are stepping up to meet the demand for faster, more efficient deliveries. With that in mind, investing in top-rated logistics stocks like United Parcel Service (UPS), Universal Logistics Holdings (ULH), and Radiant Logistics (RLGT) could be beneficial. Read on… E-commerce is booming, and with just a few clicks, people can now shop from the comfort of their homes, leading to a significant shift in buying patterns. While this has undoubtedly transformed how we shop, it has also brought massive changes to the logistics sector.
Given this backdrop, it could be wise to scoop up the shares of logistics companies like United Parcel Service, Inc. (<a href="https://stocknews.com/stock/UPS/">UPS</a>), Universal Logistics Holdings, Inc. (<a href="https://stocknews.com/stock/ULH/">ULH</a>), and Radiant Logistics, Inc. (<a href="https://stocknews.com/stock/RLGT/">RLGT</a>), all of which are benefiting from the e-commerce boom.
As people increasingly rely on online shopping for convenience, the logistics industry is racing to keep up, transforming how goods are stored, transported, and delivered. Global e-commerce sales are projected to <a href="https://www.mordorintelligence.com/industry-reports/global-ecommerce-market">hit $8.80 trillion</a> by the end of 2024, and this market is expected to grow further, reaching $8.81 trillion by 2029 at a steady annual growth rate of 15.8%.
Moreover, the growing demand for faster shipping options, like same-day and on-demand deliveries, is fueling a surge in the transportation sector and reshaping logistics operations. In 2023, the global logistics industry was valued at <a href="https://www.statista.com/statistics/943517/logistics-industry-global-cagr/">around $9.41 trillion</a>, and by 2028, it is expected to surpass $14.08 trillion, expanding the sector's reach even further.
From robotic automation to artificial intelligence and cloud computing, these innovations are streamlining supply chains and enabling companies to meet the fast-evolving needs of e-commerce. Meanwhile, the global air freight services market is expected to hit $223.43 billion by 2031, growing at a <a href="https://www.coherentmarketinsights.com/industry-reports/air-freight-services-market">CAGR of 5.8%</a>.
Considering these encouraging trends, let's examine the fundamentals of the top <a href="https://stocknews.com/category/air-freight-shipping/">Air Freight &amp; Shipping Services</a> stocks, starting with #3.
Stock #3: United Parcel Service, Inc. (<a href="https://stocknews.com/stock/UPS/">UPS</a>)
As a leading package delivery and logistics company, UPS provides a wide range of services, including transportation, distribution, contract logistics, ocean and airfreight, customs brokerage, and insurance services. It operates through two segments: U.S. Domestic Package and International Package.
On September 10, UPS announced its plan to acquire Frigo-Trans and its sister company BPL, both prominent healthcare logistics providers based in Germany. This acquisition is expected to significantly enhance UPS' capabilities in temperature-sensitive and time-critical logistics across Europe, serving the growing needs of its healthcare customers.
The company's EVP and President of International Healthcare and Supply Chain Solutions, Kate Gutmann, believes the acquisition will help meet growing demands for cold and frozen supply chains driven by pharmaceutical innovation.
UPS' revenue for the second quarter that ended June 30, 2024, amounted to $21.82 billion, while its revenue from Supply Chain Solutions increased 2.6% year-over-year to $3.33 billion. Its operating profit came in at $1.94 billion for the same period. In addition, the company's <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> and EPS amounted to $1.41 billion and $1.65 per share, respectively.
Looking ahead to the full year, UPS has updated its guidance. It expects consolidated revenue to reach approximately $93 billion and an adjusted operating margin of around 9.4%.
The consensus revenue estimate of $22.13 billion for the fiscal third quarter (ended September 2024) represents a 5.1% increase year-over-year. The consensus EPS estimate of $1.62 for the same quarter indicates a 3.4% growth from the previous year. The company has an impressive earnings surprise history; it surpassed the consensus EPS estimates in three of the trailing four quarters.
The stock has gained 2.9% over the past three months to close the last trading session at $131.41.
UPS' <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this outlook. The stock has a B grade for Quality. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
Among 16 stocks in the <a href="https://stocknews.com/category/air-freight-shipping/">Air Freight &amp; Shipping Services</a> industry, it is ranked #7. Beyond what we stated above, we also have UPS ratings for Growth, Value, Momentum, Stability, and Sentiment. Get all UPS ratings <a href="https://stocknews.com/stock/UPS/">here</a>.
Stock #2: Universal Logistics Holdings, Inc. (<a href="https://stocknews.com/stock/ULH/">ULH</a>)
ULH offers logistics and transportation solutions. It provides truckload services, domestic and international freight forwarding, and final mile and ground expedited services. The company serves the automotive, steel, oil and gas, alternative energy, manufacturing industries, and other transportation companies.
On October 2, ULH announced the grand opening of a new Intermodal terminal in Tacoma, WA, strategically positioned to enhance operational efficiency and customer convenience. With direct access to key industrial hubs like Sumner/Kent, Puyallup/Spanaway, Olympia/Lacey, and major highways, the terminal aims to reduce transit times and streamline operations, boosting service effectiveness.
On September 30, the company acquired Parsec (Parsec, LLC, Parsec Intermodal of Canada ULC, and OB Leasing, LLC), a leading rail terminal operator in North America. Parsec offers terminal management services to Class I, regional, and short-line railroads, specializing in time-sensitive container handling. This acquisition is expected to enhance ULH's presence in the rail terminal space and boost the company's contract logistics segment revenue to over $1 billion annually.
For the second quarter that ended June 29, 2024, ULH's total operating revenues increased 12% year-over-year to $462.16 million. Its income from operations grew 29.4% from the year-ago value to $47.10 million. The company's net income and EPS stood at $30.73 million and $1.17, representing an increase of 30.4% and 30% year-over-year, respectively. Also, its EBITDA rose 51.9% from the prior-year quarter to $84.81 million.
Street expects ULH's revenue for the third quarter (ended September 30, 2024) to increase 10.1% year-over-year to $463.70 million. Its EPS for the about-to-be-reported quarter is expected to register a 34.1% growth from the prior year, settling at $1.18. Moreover, it surpassed the revenue estimates in each of its trailing four quarters, which is promising.
Over the past year, the stock has gained 79.8%, closing the last trading session at $42.37.
ULH's stance is apparent in its POWR Ratings. It has a B grade for Growth, Value, Stability, and Sentiment. Out of 16 stocks in the Air Freight &amp; Shipping Services industry, it is ranked #4. <a href="https://stocknews.com/stock/ULH/">Click here</a> to see ULH's ratings for Momentum and Quality.
Stock #1: Radiant Logistics, Inc. (<a href="https://stocknews.com/stock/RLGT/">RLGT</a>)
RLGT is a third-party logistics company that provides technology-enabled global transportation and value-added logistics solutions. It offers domestic, international air, and ocean freight forwarding services, freight brokerage services, including truckload and intermodal services, and logistics and supply chain services.
On October 2, RLGT acquired the operations of Focus Logistics, a Michigan-based company that has been operating under Radiant's Service By Air brand since 2006. Post-acquisition, Focus will transition to the Radiant brand and merge with the company's existing operations in the Detroit area. CEO Bohn Crain stated that the acquisition is an example of the company's strategy to partner with logistics entrepreneurs and provide them with a built-in exit strategy.
In the fourth quarter of fiscal 2024, which ended on June 30, RLGT's revenues amounted to $206.03 million, while its income from operations increased 27.6% year-over-year to $4.88 million. The company's adjusted net income stood at $7.02 million and $0.14 per share, indicating an increase of 8.6% and 7.7% from the prior year, respectively. Also, its adjusted EBITDA grew 74.3% from the year-ago value to $9.08 million.
Analysts expect RLGT's revenue for the first quarter (ended September 2024) to increase 2% from the prior year to $215.03 million, while its EPS is estimated at $0.10. Moreover, for the fiscal year 2025, its revenue and EPS are projected to reach $874.98 million and $0.42, respectively.
RLGT's shares have gained 36.5% over the past six months to close the last trading session at $6.69.
It's no surprise that RLGT has an overall rating of B, which equates to Buy in our proprietary rating system. It has an A grade for Sentiment and a B for Growth and Value. Within the same industry, it is ranked first.
In addition to the POWR Ratings we've stated above, we also have RLGT's ratings for Momentum, Stability, and Quality. Get all RLGT ratings <a href="https://stocknews.com/stock/RLGT/">here</a>.
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UPS shares rose $6.59 (+5.01%) in premarket trading Thursday. Year-to-date, UPS has declined -13.46%, versus a 22.75% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Shweta Kumari</h2> <img src='https:/wp-content/uploads/2022/03/Shweta-Kumari_Image-2.jpg' style="float:left; padding:5px;width:125px;">Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions.<a href="https://stocknews.com/authors/?author=shweta-kumari">More...</a>The post <a href=https://stocknews.com/news/ups-ulh-rlgt-3-top-rated-logistics-stocks-benefiting-from-e-commerce-boom/>3 Top-Rated Logistics Stocks Benefiting From E-Commerce Boom</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Top-Rated Logistics Stocks Benefiting From E-Commerce Boom

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