Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Director Michael Ducker was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 11
First quarter 2023 earnings released: US$0.52 loss per share (vs US$0.17 loss in 1Q 2022) First quarter 2023 results: US$0.52 loss per share (further deteriorated from US$0.17 loss in 1Q 2022). Revenue: US$492.7m (down 4.7% from 1Q 2022). Net loss: US$27.1m (loss widened 205% from 1Q 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 12
Full year 2022 earnings released: US$0.79 loss per share (vs US$0.22 profit in FY 2021) Full year 2022 results: US$0.79 loss per share (down from US$0.22 profit in FY 2021). Revenue: US$2.16b (up 11% from FY 2021). Net loss: US$40.5m (down 472% from profit in FY 2021). Revenue is forecast to stay flat during the next 2 years compared to a 8.7% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 41% per year whereas the company’s share price has fallen by 36% per year. Ankündigung • Jan 13
U.S. Xpress Enterprises, Inc. to Report Q4, 2022 Results on Feb 09, 2023 U.S. Xpress Enterprises, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 09, 2023 Reported Earnings • Nov 05
Third quarter 2022 earnings released: US$0.38 loss per share (vs US$0.11 loss in 3Q 2021) Third quarter 2022 results: US$0.38 loss per share (further deteriorated from US$0.11 loss in 3Q 2021). Revenue: US$547.8m (up 12% from 3Q 2021). Net loss: US$19.8m (loss widened 261% from 3Q 2021). Revenue is forecast to stay flat during the next 3 years compared to a 7.7% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 20% per year. Ankündigung • Oct 14
U.S. Xpress Enterprises, Inc. to Report Q3, 2022 Results on Nov 03, 2022 U.S. Xpress Enterprises, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 03, 2022 Ankündigung • Aug 18
U.S. Xpress Enterprises, Inc. Announces Executive Changes On August 12, 2022, U.S. Xpress Enterprises, Inc. (the “Company” or “U.S. Xpress”) and Jake Lawson, Chief Commercial Officer, mutually decided to part ways. Mr. Lawson will remain with the Company to transition his responsibilities over the next four to six weeks. Reported Earnings • Aug 04
Second quarter 2022 earnings released: US$0.011 loss per share (vs US$0.38 profit in 2Q 2021) Second quarter 2022 results: US$0.011 loss per share (down from US$0.38 profit in 2Q 2021). Revenue: US$553.7m (up 17% from 2Q 2021). Net loss: US$554.0k (down 103% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 4.9%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 6% per year. Ankündigung • Jul 14
U.S. Xpress Enterprises, Inc. to Report Q2, 2022 Results on Aug 03, 2022 U.S. Xpress Enterprises, Inc. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 03, 2022 Ankündigung • Jun 26
U.S. Xpress Enterprises, Inc.(NYSE:USX) dropped from Russell 2500 Index U.S. Xpress Enterprises, Inc.(NYSE:USX) dropped from Russell 2500 Index Recent Insider Transactions • May 20
Co-Founder & Executive Chairman recently bought €867k worth of stock On the 12th of May, Max Fuller bought around 305k shares on-market at roughly €2.84 per share. This was the largest purchase by an insider in the last 3 months. Max has been a buyer over the last 12 months, purchasing a net total of €1.8m worth in shares. Ankündigung • May 14
U.S. Xpress Enterprises, Inc. Terminates Joel Gard, Chief Technology Officer On May 9, 2022, the employment of Joel Gard, Chief Technology Officer of U.S. Xpress Enterprises, Inc., terminated. Recent Insider Transactions • May 12
Lead Independent Director recently bought €66k worth of stock On the 9th of May, John Rickel bought around 25k shares on-market at roughly €2.63 per share. In the last 3 months, there was an even bigger purchase from another insider worth €886k. Insiders have collectively bought €1.2m more in shares than they have sold in the last 12 months. Reported Earnings • May 07
First quarter 2022 earnings released: US$0.17 loss per share (vs US$0.051 profit in 1Q 2021) First quarter 2022 results: US$0.17 loss per share (down from US$0.051 profit in 1Q 2021). Revenue: US$517.2m (up 15% from 1Q 2021). Net loss: US$8.90m (down 451% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 7.0%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €3.08, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Transportation industry in Europe. Total loss to shareholders of 50% over the past three years. Recent Insider Transactions • Feb 17
Lead Independent Director recently bought €98k worth of stock On the 14th of February, John Rickel bought around 30k shares on-market at roughly €3.26 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €128k more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment deteriorated over the past week After last week's 21% share price decline to €3.06, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Transportation industry in Europe. Total loss to shareholders of 62% over the past three years. Reported Earnings • Feb 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.22 (down from US$0.38 in FY 2020). Revenue: US$1.95b (up 12% from FY 2020). Net income: US$10.9m (down 41% from FY 2020). Profit margin: 0.6% (down from 1.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.8%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improved over the past week After last week's 16% share price gain to €5.20, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Transportation industry in Europe. Total returns to shareholders of 4.0% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 19% share price decline to €4.44, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Transportation industry in Europe. Total returns to shareholders of 6.0% over the past three years. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €6.40, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Transportation industry in Europe. Total returns to shareholders of 7.6% over the past three years. Recent Insider Transactions • Dec 01
Chief Commercial Officer recently sold €91k worth of stock On the 24th of November, Jacob Lawson sold around 12k shares on-market at roughly €7.62 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €56k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €6.40, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Transportation industry in Europe. Total loss to shareholders of 27% over the past three years. Reported Earnings • Oct 22
Third quarter 2021 earnings released: US$0.11 loss per share (vs US$0.21 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$491.1m (up 14% from 3Q 2020). Net loss: US$5.48m (down 151% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Executive Departure • Sep 19
Chief Information Officer Robert Pischke has left the company On the 13th of September, Robert Pischke's tenure as Chief Information Officer ended after 2.6 years in the role. As of June 2021, Robert still personally held 165.38k shares (€1.2m worth at the time). Robert is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.50 years. Board Change • Jul 31
High number of new directors Independent Director Michael Ducker was the last director to join the board, commencing their role in 2020. Reported Earnings • Jul 23
Second quarter 2021 earnings released: EPS US$0.38 (vs US$0.19 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$475.0m (up 12% from 2Q 2020). Net income: US$19.1m (up 101% from 2Q 2020). Profit margin: 4.0% (up from 2.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 24
First quarter 2021 earnings released: EPS US$0.051 (vs US$0.19 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$450.8m (up 4.2% from 1Q 2020). Net income: US$2.54m (up US$11.8m from 1Q 2020). Profit margin: 0.6% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Mar 04
Revenue misses expectations Revenue missed analyst estimates by 0.09%. Over the next year, revenue is forecast to grow 7.5%, compared to a 167% growth forecast for the Transportation industry in Germany. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS US$0.38 (vs US$0.075 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.74b (up 2.0% from FY 2019). Net income: US$18.6m (up US$22.2m from FY 2019). Profit margin: 1.1% (up from net loss in FY 2019). Is New 90 Day High Low • Feb 23
New 90-day high: €8.15 The company is up 28% from its price of €6.35 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.55 per share. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improved over the past week After last week's 21% share price gain to US$6.85, the stock is trading at a trailing P/E ratio of 20.8x, up from the previous P/E ratio of 17.2x. This compares to an average P/E of 15x in the Transportation industry in Europe. Total returns to shareholders over the past year are 22%. Is New 90 Day High Low • Feb 05
New 90-day high: €6.85 The company is up 13% from its price of €6.05 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.51 per share. Ankündigung • Feb 03
U.S. Xpress Enterprises, Inc. Advances Fleet Innovation with Platform Science U.S. Xpress Enterprises, Inc. announced a partnership to roll out Platform Science's open IoT technology to its fleet of more than 8,000 trucks. The company conducted an extensive search for a new telematics vendor to support its advanced technology roadmap for 2021 and beyond. With Platform Science, U.S. Xpress will gain operational efficiency and productivity with the ability to deploy, develop and manage its apps and devices through a centralized solution. U.S. Xpress will outfit its trucks with Platform Science's full suite of products including ELD, Messaging, and Workflow, in addition to a range of integrated solutions from third-party app providers. The company will also deploy its own proprietary technologies, allowing drivers a single pane of glass view, single sign-on, and integrated experience from top providers across the industry. U.S. Xpress will manage its apps and devices with Platform Science Remote Platform Management (RPM), the only fleet mobile device manager (MDM) developed for the transportation industry. This eliminates the extra cost and administration of a third-party MDM solution, while increasing driver efficiency. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS US$0.37 (vs US$0.075 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.74b (up 2.0% from FY 2019). Net income: US$18.6m (up US$22.2m from FY 2019). Profit margin: 1.1% (up from net loss in FY 2019). Analyst Estimate Surprise Post Earnings • Jan 30
Revenue misses expectations Revenue missed analyst estimates by 0.09%. Over the next year, revenue is forecast to grow 7.5% compared to a 6.8% decline forecast for the Transportation industry in Germany. Ankündigung • Jan 19
U.S. Xpress Announces Executive Appointments U.S. Xpress Enterprises, Inc. announced the appointment of Jake Lawson to Chief Commercial Officer, and Justin Harness to President, Dedicated division. Lawson will move into Harness’s former role leading sales, pricing and customer engagement, while Harness will lead the Company’s growing Dedicated business. Both appointments are effective this week and are based in the Company’s Chattanooga headquarters. Lawson comes to U.S. Xpress from Whirlpool, where he held roles leading sales, merchandising, product development and e-commerce for some of the appliance-maker’s most popular products, including refrigeration, cooking, dishwashers and laundry. Most recently, he led sales and marketing for the company’s largest customer, Lowe’s. Ankündigung • Jan 15
U.S. Xpress Enterprises, Inc. to Report Q4, 2020 Results on Jan 28, 2021 U.S. Xpress Enterprises, Inc. announced that they will report Q4, 2020 results After-Market on Jan 28, 2021 Is New 90 Day High Low • Jan 06
New 90-day low: €5.30 The company is down 35% from its price of €8.15 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.97 per share. Ankündigung • Dec 18
U.S. Xpress Partners with Warrior Freedom Service Dogs Helping Military Veterans U.S. Xpress Enterprises, Inc. announced its partnership with Warrior Freedom Service Dogs. This group is dedicated to connecting combat veterans suffering with post-traumatic stress to trained service dogs, rescued from area animal shelters, free of charge. In addition to a monetary donation towards dog training, U.S. Xpress is providing a range of in-kind multimedia and communications services, including the development of virtual training content to reach more veterans. Ultimately, the goal is to help train and match more dogs and veterans, identify fundraising and awareness opportunities with company team members, and even help with raising puppies and weekend fostering. Ankündigung • Nov 11
U.S. Xpress Partners with MIT to Help Improve Driver Efficiency U.S. Xpress, Inc. announced a partnership with the Massachusetts Institute of Technology’s (MIT) Center for Transportation & Logistics to develop a roadmap to improve driver efficiency. Graduate students in the MIT Supply Chain Management master’s program are using statistical modeling and artificial intelligence to study company data, including GPS stats for more than 7,500 tractors; loaded and unloaded data for nearly 15,000 trailers; driver hours of service; shipper rates; appointment times; and arrival and departure trends. MIT plans to publish research findings in Summer 2021. Analyst Estimate Surprise Post Earnings • Nov 01
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 3.1% at US$431.5m. Revenue is forecast to grow 6.7% over the next year, compared to a 8.5% decline forecast for the Transportation industry in Germany. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of US$1.38m, down 89% from the prior year. Total revenue was US$1.74b over the last 12 months, largely unchanged from the prior year. Recent Insider Transactions • Oct 30
Independent Director recently bought €67k worth of stock On the 28th of October, Jonathan Beizer bought around 12k shares on-market at roughly €5.57 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €923k more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Oct 27
New 90-day low: €5.55 The company is down 21% from its price of €7.05 on 29 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.14 per share. Reported Earnings • Oct 24
Third quarter earnings released Over the last 12 months the company has reported total profits of US$1.38m, down 89% from the prior year. Total revenue was US$1.74b over the last 12 months, largely unchanged from the prior year. Analyst Estimate Surprise Post Earnings • Oct 24
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 3.1% at US$431.5m. Revenue is forecast to grow 6.7% over the next year, compared to a 8.0% decline forecast for the Transportation industry in Germany. Ankündigung • Oct 13
U.S. Xpress Enterprises, Inc. to Report Q3, 2020 Results on Oct 22, 2020 U.S. Xpress Enterprises, Inc. announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Oct 22, 2020 Ankündigung • Jul 18
U.S. Xpress Enterprises, Inc. to Report Q2, 2020 Results on Jul 28, 2020 U.S. Xpress Enterprises, Inc. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Jul 28, 2020 