USA Truck Inc’s (NASDAQ:USAK) Sentiment is 1.71

June 17, 2018 - By Winifred Garcia

USA Truck, Inc. (NASDAQ:USAK) Logo

Sentiment for USA Truck Inc (NASDAQ:USAK)

USA Truck Inc (NASDAQ:USAK) institutional sentiment increased to 1.71 in 2018 Q1. Its up 0.01, from 1.7 in 2017Q4. The ratio has increased, as 41 hedge funds increased and started new holdings, while 24 sold and reduced their stakes in USA Truck Inc. The hedge funds in our partner’s database now possess: 5.61 million shares, up from 5.01 million shares in 2017Q4. Also, the number of hedge funds holding USA Truck Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 21 Increased: 19 New Position: 22.

USA Truck, Inc., a truckload carrier, provides general commodities transportation services in the United States, Mexico, and Canada. The company has market cap of $185.09 million. It operates through two divisions, Trucking and USAT Logistics. It has a 13.73 P/E ratio. The Trucking segment offers truckload services as a medium- to long-haul common carrier; and dedicated freight services.

The stock decreased 0.31% or $0.07 during the last trading session, reaching $22.84. About 62,824 shares traded. USA Truck, Inc. (NASDAQ:USAK) has risen 246.65% since June 17, 2017 and is uptrending. It has outperformed by 234.08% the S&P500.

Analysts await USA Truck, Inc. (NASDAQ:USAK) to report earnings on August, 1. They expect $0.27 EPS, up 179.41 % or $0.61 from last year’s $-0.34 per share. USAK’s profit will be $2.19M for 21.15 P/E if the $0.27 EPS becomes a reality. After $0.14 actual EPS reported by USA Truck, Inc. for the previous quarter, Wall Street now forecasts 92.86 % EPS growth.

Portolan Capital Management Llc holds 1.23% of its portfolio in USA Truck, Inc. for 442,209 shares. 12Th Street Asset Management Company Llc owns 82,272 shares or 0.49% of their US portfolio. Moreover, Grace & White Inc Ny has 0.49% invested in the company for 93,470 shares. The Massachusetts-based Essex Investment Management Co Llc has invested 0.45% in the stock. Horrell Capital Management Inc., a Arkansas-based fund reported 29,405 shares.

USA Truck, Inc. (NASDAQ:USAK) Ratings Coverage

Ratings analysis reveals 100% of USA Truck’s analysts are positive. Out of 2 Wall Street analysts rating USA Truck, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $21.0 while the high is $32. The stock’s average target of $31 is 35.73% above today’s ($22.84) share price. USAK was included in 3 notes of analysts from January 8, 2018. The stock has “Buy” rating by Stephens on Friday, February 2. Stifel Nicolaus maintained the shares of USAK in report on Friday, April 6 with “Buy” rating. On Monday, January 8 the stock rating was maintained by Stephens with “Hold”.

More recent USA Truck, Inc. (NASDAQ:USAK) news were published by: Seekingalpha.com which released: “US Xpress prices IPO at $16/share” on June 13, 2018. Also Equitiesfocus.com published the news titled: “USA Truck (NASDAQ:USAK) Receives Daily Media Impact Rating of 0.23” on June 17, 2018. Investorplace.com‘s news article titled: “3 High-Growth Trucking Stocks That Break the Mold” with publication date: June 05, 2018 was also an interesting one.

USA Truck, Inc. (NASDAQ:USAK) Institutional Positions Chart

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