$0.13 Earnings Per Share Expected for USA Truck, Inc. (NASDAQ:USAK) This Quarter

Analysts expect that USA Truck, Inc. (NASDAQ:USAK) will post earnings per share (EPS) of $0.13 for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for USA Truck’s earnings. USA Truck posted earnings per share of ($0.55) during the same quarter last year, which would indicate a positive year-over-year growth rate of 123.6%. The company is expected to announce its next earnings report on Wednesday, May 2nd.

On average, analysts expect that USA Truck will report full-year earnings of $1.33 per share for the current year, with EPS estimates ranging from $1.20 to $1.45. For the next financial year, analysts expect that the business will post earnings of $2.25 per share, with EPS estimates ranging from $2.00 to $2.50. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that that provide coverage for USA Truck.

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USA Truck (NASDAQ:USAK) last posted its quarterly earnings results on Thursday, February 1st. The transportation company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.27. USA Truck had a net margin of 1.68% and a negative return on equity of 7.09%. The firm had revenue of $117.80 million during the quarter, compared to the consensus estimate of $116.80 million. During the same period in the previous year, the firm posted ($0.25) earnings per share. The business’s revenue was up 9.3% compared to the same quarter last year.

Several equities research analysts have weighed in on USAK shares. Zacks Investment Research downgraded shares of USA Truck from a “buy” rating to a “hold” rating in a research note on Saturday, January 6th. Stephens raised shares of USA Truck from an “equal” rating to a “weight” rating in a research note on Friday, February 2nd. Cowen lifted their price target on shares of USA Truck from $16.00 to $29.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Finally, TheStreet raised shares of USA Truck from a “d” rating to a “c” rating in a research note on Friday, February 2nd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $21.67.

USA Truck (NASDAQ:USAK) traded up $1.09 on Monday, reaching $26.35. 90,948 shares of the company’s stock traded hands, compared to its average volume of 159,050. USA Truck has a 12-month low of $5.73 and a 12-month high of $27.94. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 1.36. The company has a market capitalization of $218.41, a P/E ratio of -46.23 and a beta of 1.90.

Several large investors have recently bought and sold shares of the company. Wells Fargo & Company MN increased its position in shares of USA Truck by 88.6% during the fourth quarter. Wells Fargo & Company MN now owns 13,204 shares of the transportation company’s stock worth $240,000 after acquiring an additional 6,204 shares in the last quarter. Spark Investment Management LLC increased its position in shares of USA Truck by 24.8% during the fourth quarter. Spark Investment Management LLC now owns 35,300 shares of the transportation company’s stock worth $639,000 after acquiring an additional 7,010 shares in the last quarter. California Public Employees Retirement System increased its position in shares of USA Truck by 12.0% during the fourth quarter. California Public Employees Retirement System now owns 99,505 shares of the transportation company’s stock worth $1,804,000 after acquiring an additional 10,689 shares in the last quarter. Callahan Advisors LLC increased its position in shares of USA Truck by 70.3% during the fourth quarter. Callahan Advisors LLC now owns 25,996 shares of the transportation company’s stock worth $471,000 after acquiring an additional 10,732 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in shares of USA Truck during the fourth quarter worth about $217,000. 66.28% of the stock is owned by institutional investors.

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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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