NasdaqGS:USAK

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

USA Truck, Inc. operates as a truckload carrier in the United States, Mexico, and Canada. More Details


Snowflake Analysis

Moderate growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has USA Truck's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: USAK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: USAK's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-8.6%

USAK

1.0%

US Transportation

2.1%

US Market


1 Year Return

20.3%

USAK

27.3%

US Transportation

19.8%

US Market

Return vs Industry: USAK underperformed the US Transportation industry which returned 27.3% over the past year.

Return vs Market: USAK matched the US Market which returned 19.7% over the past year.


Shareholder returns

USAKIndustryMarket
7 Day-8.6%1.0%2.1%
30 Day6.3%20.7%8.1%
90 Day-23.7%14.6%6.0%
1 Year20.3%20.3%28.9%27.3%22.5%19.8%
3 Year-52.2%-52.2%64.5%56.6%46.5%36.8%
5 Year-53.4%-53.4%177.8%154.9%96.9%75.3%

Long-Term Price Volatility Vs. Market

How volatile is USA Truck's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is USA Truck undervalued compared to its fair value and its price relative to the market?

8.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: USAK ($8.94) is trading below our estimate of fair value ($9.8)

Significantly Below Fair Value: USAK is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: USAK is unprofitable, so we can't compare its PE Ratio to the US Transportation industry average.

PE vs Market: USAK is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate USAK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: USAK is good value based on its PB Ratio (1x) compared to the US Transportation industry average (2.5x).


Next Steps

Future Growth

How is USA Truck forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

102.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: USAK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: USAK is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: USAK's is expected to become profitable in the next 3 years.

Revenue vs Market: USAK's revenue (8.3% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: USAK's revenue (8.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if USAK's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has USA Truck performed over the past 5 years?

-9.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: USAK is currently unprofitable.

Growing Profit Margin: USAK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: USAK is unprofitable, and losses have increased over the past 5 years at a rate of 9.4% per year.

Accelerating Growth: Unable to compare USAK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: USAK is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (-10.3%).


Return on Equity

High ROE: USAK has a negative Return on Equity (-7.69%), as it is currently unprofitable.


Next Steps

Financial Health

How is USA Truck's financial position?


Financial Position Analysis

Short Term Liabilities: USAK's short term assets ($78.1M) exceed its short term liabilities ($75.1M).

Long Term Liabilities: USAK's short term assets ($78.1M) do not cover its long term liabilities ($188.8M).


Debt to Equity History and Analysis

Debt Level: USAK's debt to equity ratio (103%) is considered high.

Reducing Debt: USAK's debt to equity ratio has increased from 50.1% to 103% over the past 5 years.

Debt Coverage: USAK's debt is well covered by operating cash flow (51.4%).

Interest Coverage: USAK is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is USA Truck current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate USAK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate USAK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if USAK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if USAK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of USAK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

James Reed (47 yo)

3.83yrs

Tenure

US$1,824,257

Compensation

Mr. James D. Reed has been the Chief Executive Officer and President at USA Truck Inc. since January 30, 2017 and has been its Director since January 2017. Mr. Reed served as Chief Financial Officer of USA...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD1.82M) is above average for companies of similar size in the US market ($USD561.41K).

Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
James Reed
CEO, President & Director3.83yrsUS$1.82m3.15%
$ 2.4m
Kimberly Littlejohn
Chief Information Officer and Senior VP of Customer Experience0.58yrUS$468.39k0.43%
$ 325.0k
George Henry
Senior Vice President of Logistics2.67yrsUS$639.91k0.47%
$ 354.5k
Timothy Guin
Executive VP & Chief Commercial Officer2.58yrsUS$805.14k1.07%
$ 803.6k
Zachary King
Senior VP0.58yrno data0.35%
$ 262.8k
Chad Lane
Investor Relations Officerno datano datano data
Nick Wakefield
Vice President of Human Resource0.58yrno datano data
Blair Ewell
Senior Vice President of Trucking Operations1.25yrsno datano data
Michael Stephens
Senior VP of Strategy & Finance0.58yrno datano data
Todd Davis
VP of USA Truck & President of Davis Transfer Companyno datano datano data
Charles Lane
Company Secretaryno datano datano data

0.9yrs

Average Tenure

47yo

Average Age

Experienced Management: USAK's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
James Reed
CEO, President & Director3.83yrsUS$1.82m3.15%
$ 2.4m
Thomas Glaser
Independent Director6.5yrsUS$89.49k0.36%
$ 268.3k
Gary Enzor
Independent Director6.17yrsUS$95.99k0.52%
$ 387.1k
Alexander Greene
Independent Chairman of the Board1.5yrsUS$153.99k0.56%
$ 418.8k
Robert Creager
Independent Director8yrsUS$101.49k0.65%
$ 488.5k
Barbara Faulkenberry
Independent Director4.83yrsUS$94.49k0.28%
$ 209.2k
M. Chambers
Independent Director4.67yrsUS$102.49k0.18%
$ 134.6k

4.8yrs

Average Tenure

61yo

Average Age

Experienced Board: USAK's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

USA Truck, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: USA Truck, Inc.
  • Ticker: USAK
  • Exchange: NasdaqGS
  • Founded: 1983
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$74.837m
  • Shares outstanding: 8.37m
  • Website: https://www.usa-truck.com

Number of Employees


Location

  • USA Truck, Inc.
  • 3200 Industrial Park Road
  • Van Buren
  • Arkansas
  • 72956
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
USAKNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMar 1992
UT3DB (Deutsche Boerse AG)YesCommon StockDEEURMar 1992

Biography

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...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 23:09
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.