USA Truck (USAK) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, USA Truck (USAK) closed at $14.51, marking a -1.16% move from the previous day. This change lagged the S&P 500's daily gain of 0.2%.

Prior to today's trading, shares of the truckload carrier had lost 3.74% over the past month. This has lagged the Transportation sector's loss of 1.55% and the S&P 500's gain of 3.28% in that time.

USAK will be looking to display strength as it nears its next earnings release, which is expected to be July 29, 2021. The company is expected to report EPS of $0.50, up 933.33% from the prior-year quarter.

Investors might also notice recent changes to analyst estimates for USAK. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. USAK is holding a Zacks Rank of #2 (Buy) right now.

In terms of valuation, USAK is currently trading at a Forward P/E ratio of 6.67. This represents a discount compared to its industry's average Forward P/E of 16.12.

The Transportation - Truck industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 32, which puts it in the top 13% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.


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