USA Truck (USAK) Earning Somewhat Positive Media Coverage, Analysis Shows

Press coverage about USA Truck (NASDAQ:USAK) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. USA Truck earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the transportation company an impact score of 45.167535862352 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

USA Truck (USAK) traded up 0.25% on Wednesday, hitting $11.97. The stock had a trading volume of 32,535 shares. The company’s market cap is $96.08 million. The stock’s 50-day moving average is $9.81 and its 200-day moving average is $8.14. USA Truck has a 52-week low of $5.73 and a 52-week high of $12.04.

USA Truck (NASDAQ:USAK) last released its quarterly earnings results on Wednesday, August 2nd. The transportation company reported ($0.34) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.10) by ($0.24). USA Truck had a negative return on equity of 20.68% and a negative net margin of 2.94%. The company had revenue of $107.40 million during the quarter, compared to the consensus estimate of $103.75 million. During the same period in the previous year, the company earned ($0.10) earnings per share. USA Truck’s quarterly revenue was down 2.3% on a year-over-year basis. Analysts expect that USA Truck will post ($0.96) earnings per share for the current year.

USAK has been the topic of several recent research reports. Cowen and Company reissued a “buy” rating and set a $8.00 price objective on shares of USA Truck in a report on Tuesday, July 11th. Zacks Investment Research raised USA Truck from a “strong sell” rating to a “hold” rating in a report on Thursday, July 13th. Finally, ValuEngine raised USA Truck from a “sell” rating to a “hold” rating in a research report on Sunday, September 3rd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. USA Truck has a consensus rating of “Hold” and a consensus price target of $8.63.

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In other news, Director Gary Enzor purchased 7,500 shares of the business’s stock in a transaction dated Friday, August 11th. The shares were purchased at an average price of $8.20 per share, for a total transaction of $61,500.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Jason R. Bates purchased 8,500 shares of the business’s stock in a transaction dated Monday, August 14th. The shares were purchased at an average price of $8.23 per share, for a total transaction of $69,955.00. Following the acquisition, the chief financial officer now owns 33,732 shares of the company’s stock, valued at $277,614.36. The disclosure for this purchase can be found here. Insiders have acquired 17,050 shares of company stock valued at $139,967 in the last ninety days. Insiders own 3.50% of the company’s stock.

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.

Insider Buying and Selling by Quarter for USA Truck (NASDAQ:USAK)

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