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

Separately, Zacks Investment Research cut shares of USA Truck from a hold rating to a strong sell rating in a research note on Saturday, October 12th. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The company presently has an average rating of Buy and an average price target of $15.33.

Shares of USA Truck stock opened at $7.58 on Friday. The firm has a 50-day simple moving average of $7.47 and a two-hundred day simple moving average of $8.08. The company has a market cap of $65.56 million, a P/E ratio of 11.49 and a beta of 1.42. USA Truck has a fifty-two week low of $6.98 and a fifty-two week high of $20.93. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.97 and a current ratio of 0.98.

USA Truck (NASDAQ:USAK) last released its earnings results on Friday, November 1st. The transportation company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.16). The company had revenue of $130.92 million for the quarter, compared to analysts’ expectations of $127.40 million. USA Truck had a return on equity of 8.23% and a net margin of 1.01%. Equities research analysts forecast that USA Truck will post 0.06 EPS for the current year.

Hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. increased its stake in shares of USA Truck by 20.9% during the third quarter. Russell Investments Group Ltd. now owns 1,180,798 shares of the transportation company’s stock worth $9,485,000 after purchasing an additional 203,798 shares in the last quarter. Millennium Management LLC increased its stake in shares of USA Truck by 79.2% during 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 in the last quarter. Paloma Partners Management Co purchased a new stake in shares of USA Truck during the second quarter worth about $445,000. Grace & White Inc. NY increased its stake in shares of USA Truck by 33.2% during the third quarter. Grace & White Inc. NY now owns 361,145 shares of the transportation company’s stock worth $2,900,000 after purchasing an additional 89,939 shares in the last quarter. Finally, Marshall Wace LLP increased its stake in shares of USA Truck by 79.1% during the second quarter. Marshall Wace LLP now owns 168,808 shares of the transportation company’s stock worth $1,707,000 after purchasing an additional 74,575 shares in the last quarter. 56.85% of the stock is owned by institutional investors and hedge funds.

USA Truck Company Profile

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.

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