In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on USA Truck (USAK), with a price target of $13. The company’s shares opened today at $9, close to its 52-week low of $8.15.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 14.6% and a 71.9% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.
USA Truck has an analyst consensus of Moderate Buy, with a price target consensus of $17.
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The company has a one-year high of $23.44 and a one-year low of $8.15. Currently, USA Truck has an average volume of 128.7K.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of USAK in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
USA Truck, Inc. engages in the provision of transportation of general commodities. It operates through the Trucking, and USAT Logistics segments. The Trucking segment includes one-way truckload, and dedicated freight motor carrier services. The USAT Logistics segment offers freight brokerage, logistics, and rail intermodal services.
