ValuEngine lowered shares of USA Truck (NASDAQ:USAK) from a sell rating to a strong sell rating in a report issued on Friday morning.

Several other equities research analysts have also issued reports on the company. Cowen dropped their price objective on USA Truck from $32.00 to $30.00 and set an outperform rating for the company in a research note on Monday, October 29th. Loop Capital started coverage on USA Truck in a research note on Wednesday, October 17th. They set a buy rating and a $34.00 price objective for the company. Stifel Nicolaus set a $30.00 price objective on USA Truck and gave the company a buy rating in a research note on Monday, October 29th. TheStreet raised USA Truck from a c rating to a b- rating in a research note on Friday, October 26th. Finally, Zacks Investment Research raised USA Truck from a hold rating to a strong-buy rating and set a $23.00 price objective for the company in a research note on Wednesday, October 31st. One analyst has rated the stock with a sell rating, four have issued a buy rating and one has issued a strong buy rating to the stock. USA Truck currently has an average rating of Buy and a consensus price target of $29.25.

NASDAQ:USAK traded down $1.57 during trading hours on Friday, hitting $16.54. 67,815 shares of the company’s stock traded hands, compared to its average volume of 49,436. The firm has a market capitalization of $151.43 million, a price-to-earnings ratio of 14.72 and a beta of 1.15. USA Truck has a 52 week low of $16.48 and a 52 week high of $29.15. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.04 and a current ratio of 1.05.

USA Truck (NASDAQ:USAK) last posted its quarterly earnings data on Friday, October 26th. The transportation company reported $0.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.05. The company had revenue of $132.58 million during the quarter, compared to analyst estimates of $133.30 million. USA Truck had a return on equity of 14.44% and a net margin of 4.20%. Equities analysts forecast that USA Truck will post 1.44 earnings per share for the current fiscal year.

A number of large investors have recently bought and sold shares of the stock. Monarch Partners Asset Management LLC boosted its stake in USA Truck by 32.8% during the second quarter. Monarch Partners Asset Management LLC now owns 20,791 shares of the transportation company’s stock valued at $488,000 after buying an additional 5,131 shares during the period. Macquarie Group Ltd. raised its position in USA Truck by 15.5% during the second quarter. Macquarie Group Ltd. now owns 40,166 shares of the transportation company’s stock valued at $943,000 after purchasing an additional 5,400 shares in the last quarter. Spark Investment Management LLC raised its position in USA Truck by 17.1% during the second quarter. Spark Investment Management LLC now owns 41,000 shares of the transportation company’s stock valued at $962,000 after purchasing an additional 6,000 shares in the last quarter. Campbell & CO Investment Adviser LLC raised its position in USA Truck by 53.8% during the third quarter. Campbell & CO Investment Adviser LLC now owns 18,300 shares of the transportation company’s stock valued at $370,000 after purchasing an additional 6,400 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in USA Truck by 1.0% during the third quarter. Dimensional Fund Advisors LP now owns 696,978 shares of the transportation company’s stock valued at $14,100,000 after purchasing an additional 7,073 shares in the last quarter. 75.24% of the stock is owned by institutional investors.

About USA Truck

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

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