Press coverage about USA Truck (NASDAQ:USAK) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. USA Truck earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the transportation company an impact score of 46.9434775952413 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- USA Truck (USAK) & Landstar System (LSTR) Head to Head Survey (americanbankingnews.com)
- USA Truck, Inc. (NASDAQ:USAK) Rating Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
- Comparing USA Truck (NASDAQ:USAK) & Old Dominion Freight Line (ODFL) (americanbankingnews.com)
- Reviewing Old Dominion Freight Line (ODFL) and USA Truck (USAK) (americanbankingnews.com)
- USA Truck, Inc. (USAK) Given Buy Rating at Cowen and Company (americanbankingnews.com)
Several research firms have recently weighed in on USAK. Cowen and Company reissued a “buy” rating and set a $10.00 price objective on shares of USA Truck in a research note on Friday. Zacks Investment Research lowered USA Truck from a “buy” rating to a “hold” rating in a research note on Friday, May 5th. Finally, ValuEngine raised USA Truck from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 29th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $8.63.
Shares of USA Truck (NASDAQ:USAK) traded up 1.32% during mid-day trading on Tuesday, hitting $8.43. The stock had a trading volume of 44,853 shares. The stock’s 50-day moving average price is $8.62 and its 200-day moving average price is $7.94. The stock’s market capitalization is $67.42 million. USA Truck has a 12-month low of $5.73 and a 12-month high of $13.24.
USA Truck (NASDAQ:USAK) last released its quarterly earnings data on Wednesday, August 2nd. The transportation company reported ($0.34) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.10) by $0.24. USA Truck had a negative net margin of 2.94% and a negative return on equity of 20.68%. The firm had revenue of $107.40 million during the quarter, compared to the consensus estimate of $103.75 million. During the same quarter in the prior year, the company earned ($0.10) EPS. USA Truck’s quarterly revenue was down 2.3% on a year-over-year basis. On average, equities analysts anticipate that USA Truck will post ($0.32) EPS for the current fiscal year.
In other news, Director Mary Susan Chambers acquired 5,725 shares of the stock in a transaction that occurred on Wednesday, May 24th. The stock was acquired at an average price of $6.94 per share, for a total transaction of $39,731.50. Following the transaction, the director now directly owns 9,350 shares in the company, valued at $64,889. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gary Enzor acquired 12,500 shares of the stock in a transaction that occurred on Thursday, May 11th. The stock was purchased at an average price of $6.47 per share, with a total value of $80,875.00. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 38,415 shares of company stock valued at $244,682. 3.50% of the stock is owned by corporate insiders.
USA Truck Company Profile
USA Truck, Inc is a truckload carrier providing transportation of general commodities throughout the continental United States and into and out of portions of Mexico and Canada. The Company operates through two segments: Trucking and Strategic Capacity Solutions (SCS). The Trucking segment consists of truckload and dedicated freight services.
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