ValuEngine upgraded shares of USA Truck (NASDAQ:USAK) from a hold rating to a buy rating in a research note published on Saturday, ValuEngine reports.

Separately, Zacks Investment Research lowered shares of USA Truck from a hold rating to a strong sell rating in a report on Saturday, October 12th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. USA Truck has a consensus rating of Buy and a consensus target price of $15.33.

Shares of USAK stock opened at $7.58 on Friday. The firm has a market cap of $65.56 million, a price-to-earnings ratio of 11.49 and a beta of 1.42. The company’s 50 day moving average is $7.47 and its 200 day moving average is $8.08. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 1.94. USA Truck has a 52-week low of $6.98 and a 52-week high of $20.93.

USA Truck (NASDAQ:USAK) last issued its quarterly earnings data on Friday, November 1st. The transportation company reported ($0.13) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.16). The business had revenue of $130.92 million for the quarter, compared to analysts’ expectations of $127.40 million. USA Truck had a net margin of 1.01% and a return on equity of 8.23%. Analysts anticipate that USA Truck will post 0.06 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Callahan Advisors LLC grew its holdings in USA Truck by 24.5% in the third quarter. Callahan Advisors LLC now owns 36,851 shares of the transportation company’s stock worth $296,000 after purchasing an additional 7,255 shares during the last quarter. Victory Capital Management Inc. grew its holdings in USA Truck by 22.2% in the second quarter. Victory Capital Management Inc. now owns 56,065 shares of the transportation company’s stock worth $567,000 after purchasing an additional 10,180 shares during the last quarter. Jane Street Group LLC purchased a new position in USA Truck in the second quarter worth $108,000. US Bancorp DE grew its holdings in USA Truck by 57.7% in the second quarter. US Bancorp DE now owns 35,535 shares of the transportation company’s stock worth $359,000 after purchasing an additional 13,000 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in USA Truck by 79.2% in the third quarter. Millennium Management LLC now owns 37,933 shares of the transportation company’s stock worth $304,000 after purchasing an additional 16,763 shares during the last quarter. 56.85% of the stock is currently owned by institutional investors and hedge funds.

About USA Truck

USA Truck, Inc operates as a truckload carrier in the United States, Mexico, and Canada. The company operates through two segments, Trucking and USAT Logistics. The Trucking segment offers truckload motor carrier services as a medium to long-haul common and contract carrier; and dedicated freight services.

Read More: How Investors Can Profit from Options Trading

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for USA Truck Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USA Truck and related companies with MarketBeat.com's FREE daily email newsletter.