$0.74 EPS Expected for USA Truck, Inc. (NASDAQ:USAK) This Quarter

Analysts expect USA Truck, Inc. (NASDAQ:USAKGet Rating) to announce earnings of $0.74 per share for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for USA Truck’s earnings. USA Truck posted earnings of $0.43 per share in the same quarter last year, which would suggest a positive year over year growth rate of 72.1%. The firm is expected to report its next earnings report after the market closes on Monday, January 1st.

On average, analysts expect that USA Truck will report full-year earnings of $3.63 per share for the current financial year, with EPS estimates ranging from $3.40 to $3.85. For the next financial year, analysts expect that the firm will post earnings of $3.15 per share, with EPS estimates ranging from $2.75 to $3.55. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow USA Truck.

USA Truck (NASDAQ:USAKGet Rating) last issued its quarterly earnings data on Thursday, February 3rd. The transportation company reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.60. The firm had revenue of $200.85 million for the quarter. USA Truck had a net margin of 3.49% and a return on equity of 26.30%. During the same quarter in the prior year, the firm earned $0.70 EPS.

USAK has been the subject of a number of research reports. Zacks Investment Research upgraded shares of USA Truck from a “hold” rating to a “strong-buy” rating and set a $28.00 target price for the company in a report on Friday, February 11th. Cowen raised their price target on shares of USA Truck from $30.00 to $39.00 and gave the company an “outperform” rating in a report on Monday, February 7th. Stephens cut their price objective on USA Truck from $27.00 to $25.00 in a research report on Friday, April 1st. Finally, StockNews.com initiated coverage on USA Truck in a research note on Thursday, March 31st. They set a “strong-buy” rating on the stock.

Shares of NASDAQ:USAK opened at $15.05 on Friday. USA Truck has a fifty-two week low of $13.01 and a fifty-two week high of $29.09. The company has a market cap of $133.88 million, a P/E ratio of 5.45 and a beta of 1.86. The firm has a 50-day moving average price of $22.34. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.28 and a current ratio of 1.30.

Several large investors have recently added to or reduced their stakes in the stock. Barclays PLC grew its holdings in USA Truck by 246.5% in the 3rd quarter. Barclays PLC now owns 2,155 shares of the transportation company’s stock valued at $33,000 after buying an additional 1,533 shares in the last quarter. Denali Advisors LLC acquired a new stake in USA Truck in the fourth quarter valued at $72,000. Victory Capital Management Inc. bought a new position in USA Truck during the 3rd quarter worth approximately $103,000. WINTON GROUP Ltd bought a new position in USA Truck during the third quarter worth $160,000. Finally, Invesco Ltd. lifted its stake in USA Truck by 3.6% in the third quarter. Invesco Ltd. now owns 13,413 shares of the transportation company’s stock valued at $205,000 after buying an additional 468 shares during the period. 49.53% of the stock is currently owned by institutional investors and hedge funds.

USA Truck Company Profile (Get Rating)

USA Truck, Inc engages in the provision of transportation of general commodities. It operates through the following segments: Trucking and USAT Logistics. The Trucking segment includes one-way truckload, and dedicated freight motor carrier services. The USAT Logistics segment offers freight brokerage, logistics and rail intermodal services.

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