UTi Worldwide Inc NASDAQ:UTIW recently reported financial results for its fiscal 2011 fourth quarter ended January 31, 2011. The fourth quarter 2011 revenues were $1,145.1 million, an increase of 15 percent from $991.5 million in 2010. The fourth quarter 2011 net revenues (revenues minus purchased transportation costs) were $404.5 million, an increase of 15 percent from $350.6 million in 2010.
The fourth quarter 2011 operating income was $26.0 million, compared to $11.8 million in 2010. The fourth quarter 2011 net income attributable to UTi Worldwide Inc. was $14.5 million, or $0.14 per diluted share, compared to $1.5 million, or $0.02 per diluted share in same quarter 2010.
UTi Worldwide Inc NASDAQ:UTIW is basically a Major Airlines industry company. Company’s stock price is moving positively as for the most recent quarter UTi Worldwide Inc’s share price growth is +0.60% with its relative strength index of 49. However on semiannual basis its last six consecutive months’ growth recorded +14.40% with relative strength index of 76.
Company’s sales increased by 36.34% for the last five consistent years and resulted $4.55 billion for last consecutive twelve months. The company’s growth of its sales in recent quarter vs. year ago quarter recorded 15.50% which is above the Industry benchmark of -0.50% and above from Standard and Poor’s benchmark of 11.70%.
UTi Worldwide Inc NASDAQ:UTIW on April 27, 2011 increased 2.94% and settled to the closing price of $22.43. The overall volume in the last trading session was 15.24 million shares. Its fifty two week range was $12.25-$24.05. The total market capitalization remained $2.29 billion.
UTi Worldwide Inc’s current stock price is moving above its 52 week low by 83.10% and moving below from 52 week high price by 6.74%. UTIW last month stock price volatility remained 2.73%. In its share capital UTIW has 102.14 million outstanding shares while company’s float is 97.28 million shares. Ownership of company is 92.20% institutional while insiders owning 4.76%.
UTi Worldwide Inc. is an international, non-asset-based supply chain services and solutions company providing air and ocean freight forwarding, contract logistics, customs brokerage, distribution, inbound logistics, truckload brokerage and other supply chain management services. The company serves a large and diverse base of global and local companies, including clients operating in industries with unique supply chain requirements such as the pharmaceutical, retail, apparel, chemical, automotive and technology industries.
