Economy

USA Truck, Inc. (USAK) Upgraded to "Buy" by Stifel Nicolaus

It has underperformed by 49.73% the S&P500. USA Truck had a negative return on equity of 20.68% and a negative net margin of 2.94%. USA Truck has a one year low of $6.78 and a one year high of $21.46. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock.

Short traders are feeling a little more bearish on shares of the company recently as inferred by the change in short interest. The firm earned "Hold" rating on Tuesday, November 8 by Canaccord Genuity. It has underperformed by 85.21% the S&P500.The move comes after 5 months positive chart setup for the $116.65M company. The original version of this news story can be read at https://www.truebluetribune.com/2017/09/30/usa-truck-inc-usak-upgraded-to-buy-by-stifel-nicolaus.html. Cowen & Co maintained it with "Buy" rating and $1000 target in Friday, August 4 report. Days to cover increased 10.0 to 19.0 and the percentage of shorted shares is 0.14% as of August 31. Punch Taverns PLC had 32 analyst reports since July 24, 2015 according to SRatingsIntel. The company reported ($0.47) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.45. Finally, Cowen and Company reissued an outperform rating and issued a $10.00 price target (up previously from $8.00) on shares of USA Truck in a research note on Friday, August 4th. Zacks upgraded USA Truck, Inc.

USA Truck (NASDAQ:USAK) traded down 6.96% during midday trading on Tuesday, hitting $6.82.

Since May 10, 2017, it had 7 insider buys, and 0 insider sales for $282,665 activity. 6,585 shares valued at $39,932 were bought by Creager Robert E. on Monday, May 15. Cowen and Company reiterated a "buy" rating and issued a $10.00 target price on shares of USA Truck in a report on Friday, September 8th. (NASDAQ:USAK) to report on November, 3. its quarterly earnings Wall Street analysts expect $-0.07 EPS, up $0.02 or 22.22 % from last year's $-0.09 same quarter earnings. (NASDAQ:USAK) on Wednesday, February 8 to "Mkt Perform" rating. On Wednesday, August 2 the stock rating was maintained by Stifel Nicolaus with "Hold".

Shares of USA Truck (NYSE:USAK) were upped to a solid Buy rating thanks to stock analysts at Stifel Nicolaus, who now give it a price target of $15.00. Zacks has "Hold" rating and $23 target. On Thursday, April 7 the stock rating was downgraded by Stifel Nicolaus to "Sell". 6,000 shares were bought by Greene Alexander David, worth $38,432 on Wednesday, May 10. The stock's market cap is $54.70 million. The Firm operates through two divisions: Trucking and Strategic Capacity Solutions.

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. On Wednesday, May 24 the insider Chambers Mary Susan bought $39,732. The stock of USA Truck, Inc.

Investors sentiment decreased to 0.77 in 2017 Q2. The Trucking segment consists of truckload and dedicated freight services. Its down 0.16, from 0.93 in 2017Q1. Russell Investments Group Ltd. increased its holdings in shares of USA Truck by 86.5% during the second quarter. 10 funds opened positions while 17 raised stakes. (NASDAQ:USAK) for 27,400 shares. (NASDAQ:USAK). Essex Inv Mgmt Ltd Liability Company stated it has 149,901 shares or 0.19% of all its holdings. (NASDAQ:USAK). Credit Suisse Ag holds 15,854 shares or 0% of its portfolio. Moreover, Northern Tru Corporation has 0% invested in USA Truck, Inc. (NASDAQ:USAK). Scopus Asset Mgmt Ltd Partnership holds 0.02% in USA Truck, Inc. Portolan Limited reported 0.5% of its portfolio in USA Truck, Inc. Nationwide Fund has 0% invested in USA Truck, Inc. ValuEngine raised USA Truck from a sell rating to a hold rating in a research note on Sunday, September 3rd. JPMorgan Chase & Co. now owns 884,391 shares of the company's stock worth $9,056,000 after buying an additional 130,461 shares in the last quarter. On Wednesday, August 2 the stock rating was maintained by Stifel Nicolaus with "Hold". The company has market cap of $83.79 million.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Like this

Latest


01 October 2017
ASML Holding NV (ASML) Holdings Cut by Wells Fargo & Company MN
Citigroup Inc. upgraded ASML Holding N.V. from a "neutral" rating to a "buy" rating in a research note on Wednesday, June 14th. Equities research analysts predict that ASML Holding N.V. will post $5.00 earnings per share for the current fiscal year.

01 October 2017
Puerto Ricans in North Texas Outraged by President Trump's Tweets
Thousands more Puerto Ricans got water and rationed food Friday as an aid bottleneck began to ease. But on Wednesday, an army veteran told NPR that Puerto Rico needs 50,000.

01 October 2017
Q2 Sentiment Halozyme Therapeutics Inc (NASDAQ:HALO)
Sweden-based Rhenman & Prtnrs Asset Ab has invested 0.22% in Halozyme Therapeutics, Inc. (NASDAQ:HALO) for 2.25 million shares. The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $3.92B.

01 October 2017
CVR Refining, LP (NYSE:CVRR) Rating Lowered to Hold at ValuEngine
CVR Refining, has a 52 week low of $6.45 and a 52 week high of $12.55. 18 funds opened positions while 16 raised stakes. Several hedge funds and other institutional investors have recently made changes to their positions in CVRR.

01 October 2017
Donald Trump tells Rex Tillerson North Korea negotiations are "waste of time"
They are at odds over Beijing's military buildup and assertive claims to disputed islands in the South China Sea. China, North Korea's main trade partner, has responded by backing a slew of new United Nations sanctions.

01 October 2017
EPS for Suncor Energy Inc. (USA) (SU) Expected At $0.16
National Bank Financial started coverage on shares of Suncor Energy in a research note on Tuesday, June 27th. Finally, Van ECK Associates Corp increased its holdings in Suncor Energy by 11.6% during the second quarter.

01 October 2017
Jefferies Group LLC Reaffirms Hold Rating for Philip Morris International Inc (PM)
Cowen and Company restated a buy rating on shares of Philip Morris International in a research report on Sunday, September 24th. The United Kingdom-based Investec Asset Ltd has invested 1.07% in Philip Morris International Inc. (NYSE:PM) for 77,182 shares.

01 October 2017
United Technologies Corporation (UTX) Analysts See $1.69 EPS
Fifteen equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Iowa-based Security Financial Bank Of Sioux City Iowa Ia has invested 1.42% in United Technologies Corporation (NYSE:UTX).

01 October 2017
Lam Research Corporation (LRCX) Shares Bought by Laurion Capital Management LP
Finally, IFM Investors Pty Ltd bought a new position in Lam Research during the fourth quarter valued at approximately $205,000. Five research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company's stock.

01 October 2017
Proteas dominate day two against Bangladesh
At 36 for 2, Mushfiqur and Mominul Haque joined hands to save Bangladesh from a top-order meltdown, choosing to counter-attack. Last year, Indian opener - KL Rahul also missed out on his first double century in Chepauk when he got out on 199.



Recommended