USA Truck Stock Rating Lowered by Zacks (USAK)
USA Truck (NASDAQ:USAK) was downgraded by Zacks to a “neutral” rating in a research note issued to investors on Wednesday, American Banking News reports. They currently have a $6.90 target price on the stock. Zacks‘ target price would indicate a potential upside of 21.27% from the company’s current price.
Separately, analysts at Sidoti upgraded shares of USA Truck (NASDAQ:USAK) from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, September 5th.
Shares of USA Truck (NASDAQ:USAK) traded down 0.70% on Wednesday, hitting $5.65. 20,818 shares of the company’s stock traded hands. USA Truck has a 52 week low of $2.65 and a 52 week high of $6.89. The stock has a 50-day moving average of $5.82 and a 200-day moving average of $5.7. The company’s market cap is $58.3 million.
USA Truck (NASDAQ:USAK) last announced its earnings results on Wednesday, July 24th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.04. The company had revenue of $139.70 million for the quarter, compared to the consensus estimate of $139.28 million. During the same quarter in the previous year, the company posted ($0.34) earnings per share. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. Analysts expect that USA Truck will post $-0.47 EPS for the current fiscal year.
USA Truck, Inc is a truckload carrier providing transportation of general commodities throughout the continental United States, into and out of Mexico and into and out of portions of Canada.
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