US Xpress Enterprises Inc (NYSE:USX) Director John C. Rickel purchased 10,000 shares of the company’s stock in a transaction dated Friday, August 23rd. The shares were acquired at an average cost of $3.42 per share, for a total transaction of $34,200.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Shares of NYSE:USX traded up $0.16 during mid-day trading on Tuesday, reaching $3.72. 265,102 shares of the stock were exchanged, compared to its average volume of 318,255. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 2.06. The company has a market cap of $174.26 million and a P/E ratio of 2.34. US Xpress Enterprises Inc has a one year low of $3.37 and a one year high of $16.34. The stock’s 50 day simple moving average is $4.37 and its 200-day simple moving average is $6.22.
US Xpress Enterprises (NYSE:USX) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.09). The firm had revenue of $413.86 million for the quarter, compared to the consensus estimate of $426.58 million. US Xpress Enterprises had a return on equity of 19.96% and a net margin of 1.74%. The firm’s quarterly revenue was down 8.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.79 earnings per share. Analysts anticipate that US Xpress Enterprises Inc will post 0.49 EPS for the current fiscal year.
A number of research firms have recently commented on USX. Bank of America lowered US Xpress Enterprises from a “buy” rating to a “neutral” rating in a research report on Friday, July 12th. Stephens lowered US Xpress Enterprises from an “overweight” rating to an “equal weight” rating in a research report on Monday, July 1st. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $20.00 price target on shares of US Xpress Enterprises in a research report on Thursday, August 15th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. US Xpress Enterprises currently has a consensus rating of “Hold” and an average price target of $15.75.
About US Xpress Enterprises
U.S. Xpress Enterprises, Inc operates as an asset-based truckload carrier providing services primarily in the United States. It operates through two segments, Truckload and Brokerage. The Truckload segment offers asset-based truckload services, including the over-the-road and contract services. The Brokerage segment provides non-asset-based freight brokerage services.
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