Somewhat Positive News Coverage Somewhat Unlikely to Affect USA Truck (USAK) Share Price
News headlines about USA Truck (NASDAQ:USAK) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. USA Truck earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned headlines about the transportation company an impact score of 47.0917169791065 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the headlines that may have impacted Accern’s scoring:
- Analyzing USA Truck (USAK) and Its Competitors (americanbankingnews.com)
- ETFs with exposure to USA Truck, Inc. : November 9, 2017 (finance.yahoo.com)
- USA Truck, Inc. (USAK) Upgraded at Zacks Investment Research (americanbankingnews.com)
- USA Truck, Inc. :USAK-US: Earnings Analysis: Q3, 2017 By the Numbers : November 8, 2017 (finance.yahoo.com)
Several research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of USA Truck from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. ValuEngine upgraded shares of USA Truck from a “sell” rating to a “hold” rating in a research note on Sunday, September 3rd. Cowen and Company reiterated an “outperform” rating and issued a $10.00 target price (up previously from $8.00) on shares of USA Truck in a research note on Friday, August 4th. Finally, Stifel Nicolaus upgraded shares of USA Truck from a “hold” rating to a “buy” rating and upped their target price for the stock from $9.00 to $15.00 in a research note on Friday, September 29th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $12.31.
USA Truck (NASDAQ USAK) opened at $16.84 on Tuesday. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 2.06. USA Truck has a twelve month low of $5.73 and a twelve month high of $17.18.
USA Truck (NASDAQ:USAK) last released its quarterly earnings data on Thursday, November 2nd. The transportation company reported $0.05 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.10. USA Truck had a negative net margin of 2.61% and a negative return on equity of 19.57%. The firm had revenue of $114.20 million during the quarter, compared to analysts’ expectations of $108.05 million. During the same period in the previous year, the company earned ($0.09) earnings per share. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. research analysts forecast that USA Truck will post -0.47 earnings per share for the current fiscal year.
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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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