USA Truck (USAK) Getting Somewhat Favorable Press Coverage, Report Shows

News coverage about USA Truck (NASDAQ:USAK) has been trending somewhat positive on Saturday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. USA Truck earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned headlines about the transportation company an impact score of 46.9434775952413 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

A number of research analysts have issued reports on USAK shares. Zacks Investment Research lowered shares of USA Truck from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 11th. Cowen and Company restated an “outperform” rating and set a $8.00 price target (down previously from $11.00) on shares of USA Truck in a research note on Wednesday, May 3rd. Finally, ValuEngine upgraded shares of USA Truck from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 29th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $8.63.

Shares of USA Truck (NASDAQ:USAK) opened at 9.40 on Friday. The firm’s market cap is $75.45 million. The stock has a 50 day moving average of $8.97 and a 200-day moving average of $7.89. USA Truck has a 1-year low of $5.73 and a 1-year high of $12.76.

USA Truck (NASDAQ:USAK) last issued its quarterly earnings data on Wednesday, August 2nd. The transportation company reported ($0.34) earnings per share for the quarter, missing the 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 for the quarter, compared to analysts’ expectations of $103.75 million. During the same quarter in the prior year, the firm posted ($0.10) EPS. The firm’s quarterly revenue was down 2.3% compared to the same quarter last year. Equities analysts anticipate that USA Truck will post ($0.96) EPS for the current fiscal year.

In other USA Truck news, Director Gary Enzor purchased 7,500 shares of USA Truck stock in a transaction that occurred on Friday, August 11th. The stock was 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 SEC, which is available through this hyperlink. Also, Director Mary Susan Chambers purchased 5,725 shares of USA Truck stock in a transaction that occurred on Wednesday, May 24th. The stock was acquired at an average price of $6.94 per share, with a total value of $39,731.50. Following the transaction, the director now owns 9,350 shares in the company, valued at $64,889. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 22,775 shares of company stock valued at $179,698. 3.50% of the stock is owned by insiders.

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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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