USA Truck, Inc. (NASDAQ:USAK) Director Buys $19,964.80 in Stock

USA Truck, Inc. (NASDAQ:USAK) Director Mary Susan Chambers acquired 1,360 shares of USA Truck stock in a transaction that occurred on Monday, May 6th. The shares were purchased at an average price of $14.68 per share, with a total value of $19,964.80. Following the purchase, the director now owns 12,244 shares in the company, valued at $179,741.92. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

Shares of USAK traded down $0.02 during trading hours on Thursday, hitting $11.72. The stock had a trading volume of 157,400 shares, compared to its average volume of 84,732. The company has a debt-to-equity ratio of 1.85, a current ratio of 0.95 and a quick ratio of 0.94. The stock has a market cap of $104.26 million, a P/E ratio of 7.51 and a beta of 1.57. USA Truck, Inc. has a fifty-two week low of $11.47 and a fifty-two week high of $24.86.

USA Truck (NASDAQ:USAK) last posted its quarterly earnings data on Thursday, April 25th. The transportation company reported $0.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.01. The company had revenue of $133.97 million during the quarter, compared to analysts’ expectations of $137.20 million. USA Truck had a net margin of 2.33% and a return on equity of 17.89%. Equities analysts expect that USA Truck, Inc. will post 1.97 EPS for the current year.

Several research firms have weighed in on USAK. Zacks Investment Research raised shares of USA Truck from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Friday, April 12th. ValuEngine downgraded shares of USA Truck from a “sell” rating to a “strong sell” rating in a research report on Thursday, February 28th. TheStreet downgraded shares of USA Truck from a “b-” rating to a “c” rating in a research report on Friday, April 26th. Finally, Cowen reissued a “buy” rating and set a $22.00 target price on shares of USA Truck in a research report on Friday, May 10th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $25.75.

A number of large investors have recently bought and sold shares of the business. AQR Capital Management LLC raised its position in shares of USA Truck by 218.6% in the third quarter. AQR Capital Management LLC now owns 180,214 shares of the transportation company’s stock valued at $3,646,000 after buying an additional 123,654 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of USA Truck in the fourth quarter valued at about $1,445,000. Boston Partners raised its position in shares of USA Truck by 23.9% in the fourth quarter. Boston Partners now owns 385,640 shares of the transportation company’s stock valued at $5,773,000 after buying an additional 74,390 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of USA Truck by 3,002.1% in the first quarter. JPMorgan Chase & Co. now owns 62,756 shares of the transportation company’s stock valued at $907,000 after buying an additional 60,733 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of USA Truck by 221.1% in the third quarter. Wells Fargo & Company MN now owns 72,578 shares of the transportation company’s stock valued at $1,469,000 after buying an additional 49,972 shares during the last quarter. Institutional investors own 76.25% of the company’s stock.

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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.

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