Equities research analysts forecast that USA Truck, Inc. (NASDAQ:USAK – Get Rating) will post earnings per share (EPS) of $0.95 for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for USA Truck’s earnings. USA Truck posted earnings per share of $0.50 in the same quarter last year, which indicates a positive year-over-year growth rate of 90%. The company is scheduled to report its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that USA Truck will report full-year earnings of $3.93 per share for the current fiscal year, with EPS estimates ranging from $3.85 to $4.00. For the next financial year, analysts forecast that the business will post earnings of $2.73 per share, with EPS estimates ranging from $2.70 to $2.75. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow USA Truck.
USA Truck (NASDAQ:USAK – Get Rating) last posted its quarterly earnings results on Thursday, April 28th. The transportation company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.76. The firm had revenue of $201.06 million for the quarter. USA Truck had a return on equity of 32.98% and a net margin of 4.55%. During the same period last year, the firm earned $0.43 EPS.
Several research analysts have weighed in on the company. Zacks Investment Research lowered USA Truck from a “hold” rating to a “sell” rating in a research report on Wednesday, May 4th. StockNews.com upgraded USA Truck from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 6th. Stephens reduced their target price on USA Truck from $27.00 to $25.00 in a research note on Friday, April 1st. Cowen lifted their target price on USA Truck from $18.00 to $24.00 and gave the stock a “buy” rating in a research note on Monday, May 2nd. Finally, Cowen lifted their target price on USA Truck from $18.00 to $24.00 in a research note on Monday, May 2nd.
Shares of NASDAQ:USAK traded down $0.46 during trading on Friday, hitting $15.53. 89,738 shares of the company were exchanged, compared to its average volume of 158,744. The stock has a market cap of $139.89 million, a price-to-earnings ratio of 4.08 and a beta of 1.90. USA Truck has a fifty-two week low of $13.01 and a fifty-two week high of $29.09. The firm has a fifty day moving average price of $16.22 and a two-hundred day moving average price of $19.31. The company has a current ratio of 1.35, a quick ratio of 1.33 and a debt-to-equity ratio of 1.02.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its stake in USA Truck by 0.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 627,200 shares of the transportation company’s stock valued at $12,922,000 after purchasing an additional 1,920 shares during the period. Vanguard Group Inc. boosted its stake in USA Truck by 11.2% in the 1st quarter. Vanguard Group Inc. now owns 387,427 shares of the transportation company’s stock valued at $7,981,000 after purchasing an additional 39,110 shares during the period. Acadian Asset Management LLC boosted its stake in USA Truck by 35.8% in the 1st quarter. Acadian Asset Management LLC now owns 291,165 shares of the transportation company’s stock valued at $5,994,000 after purchasing an additional 76,680 shares during the period. Hillsdale Investment Management Inc. boosted its stake in USA Truck by 14.0% in the 4th quarter. Hillsdale Investment Management Inc. now owns 261,857 shares of the transportation company’s stock valued at $5,206,000 after purchasing an additional 32,250 shares during the period. Finally, Acuitas Investments LLC boosted its stake in USA Truck by 6.7% in the 4th quarter. Acuitas Investments LLC now owns 249,123 shares of the transportation company’s stock valued at $4,953,000 after purchasing an additional 15,591 shares during the period. Institutional investors and hedge funds own 58.92% of the company’s stock.
About USA Truck (Get Rating)
USA Truck, Inc operates as a truckload carrier in the United States, Mexico, and Canada. The company operates in two segments, Trucking and USAT Logistics. The Trucking segment offers motor carrier services as a medium-haul common and contract carrier; and freight services. The USAT Logistics segment provides freight brokerage, logistics, and intermodal rail services.
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