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USAK

USA Truck NasdaqGS:USAK Stock Report

Last Price

US$31.71

Market Cap

US$269.7m

7D

0.9%

1Y

123.2%

Updated

15 Sep, 2022

Data

Company Financials +

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.
USAK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends0/6

USAK Stock Overview

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

USA Truck Competitors

Price History & Performance

Summary of all time highs, changes and price drops for USA Truck
Historical stock prices
Current Share PriceUS$31.71
52 Week HighUS$31.72
52 Week LowUS$14.00
Beta1.08
1 Month Change1.47%
3 Month Change124.57%
1 Year Change123.15%
3 Year Change259.93%
5 Year Change164.69%
Change since IPO345.05%

Recent News & Updates

Shareholder Returns

USAKUS TransportationUS Market
7D0.9%5.0%4.4%
1Y123.2%-24.9%-18.2%

Return vs Industry: USAK exceeded the US Transportation industry which returned -19% over the past year.

Return vs Market: USAK exceeded the US Market which returned -18.2% over the past year.

Price Volatility

Is USAK's price volatile compared to industry and market?
USAK volatility
USAK Average Weekly Movement32.3%
Transportation Industry Average Movement6.9%
Market Average Movement6.9%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: USAK is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 32% a week.

Volatility Over Time: USAK's weekly volatility has increased from 18% to 32% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19832,100James Reedhttps://www.usa-truck.com

USA Truck, Inc. operates as a truckload carrier in the United States, Mexico, and Canada. The company operates in two segments, Trucking and USAT Logistics. The Trucking segment offers motor carrier services as a medium-haul common and contract carrier; and freight services.

USA Truck Fundamentals Summary

How do USA Truck's earnings and revenue compare to its market cap?
USAK fundamental statistics
Market CapUS$269.68m
Earnings (TTM)US$33.29m
Revenue (TTM)US$785.04m

8.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
USAK income statement (TTM)
RevenueUS$785.04m
Cost of RevenueUS$659.92m
Gross ProfitUS$125.13m
Other ExpensesUS$91.84m
EarningsUS$33.29m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.91
Gross Margin15.94%
Net Profit Margin4.24%
Debt/Equity Ratio32.2%

How did USAK perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is USAK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for USAK?

Other financial metrics that can be useful for relative valuation.

USAK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA5.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does USAK's PE Ratio compare to its peers?

USAK PE Ratio vs Peers
The above table shows the PE ratio for USAK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average6.8x
CVLG Covenant Logistics Group
5.4x-29.4%US$433.5m
DSKE Daseke
7.2x30.9%US$381.0m
PTSI P.A.M. Transportation Services
7.7xn/aUS$746.7m
ULH Universal Logistics Holdings
7.8x4.1%US$878.5m
USAK USA Truck
8.1xn/aUS$269.7m

Price-To-Earnings vs Peers: USAK is expensive based on its Price-To-Earnings Ratio (8.1x) compared to the peer average (6.8x).


Price to Earnings Ratio vs Industry

How does USAK's PE Ratio compare vs other companies in the US Transportation Industry?

Price-To-Earnings vs Industry: USAK is good value based on its Price-To-Earnings Ratio (8.1x) compared to the US Transportation industry average (8.8x)


Price to Earnings Ratio vs Fair Ratio

What is USAK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

USAK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate USAK's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of USAK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: USAK ($31.71) is trading below our estimate of fair value ($42.41)

Significantly Below Fair Value: USAK is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


1.1%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if USAK's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if USAK's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if USAK's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: USAK's revenue (1.1% per year) is forecast to grow slower than the US market (7.7% per year).

High Growth Revenue: USAK's revenue (1.1% 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


Discover growth companies

Past Performance

How has USA Truck performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


30.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: USAK has high quality earnings.

Growing Profit Margin: USAK's current net profit margins (4.2%) are higher than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: USAK has become profitable over the past 5 years, growing earnings by 30.4% per year.

Accelerating Growth: USAK's earnings growth over the past year (107.8%) exceeds its 5-year average (30.4% per year).

Earnings vs Industry: USAK earnings growth over the past year (107.8%) exceeded the Transportation industry 62.5%.


Return on Equity

High ROE: USAK's Return on Equity (25.9%) is considered high.


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Financial Health

How is USA Truck's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: USAK's short term assets ($137.3M) exceed its short term liabilities ($112.2M).

Long Term Liabilities: USAK's short term assets ($137.3M) do not cover its long term liabilities ($171.1M).


Debt to Equity History and Analysis

Debt Level: USAK's net debt to equity ratio (30.4%) is considered satisfactory.

Reducing Debt: USAK's debt to equity ratio has reduced from 159.8% to 32.2% over the past 5 years.

Debt Coverage: USAK's debt is well covered by operating cash flow (95.5%).

Interest Coverage: USAK's interest payments on its debt are well covered by EBIT (8.9x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

USA Truck Dividend Yield vs Market
How does USA Truck dividend yield compare to the market?
SegmentDividend Yield
Company (USA Truck)n/a
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.5%
Industry Average (Transportation)1.8%
Analyst forecast in 3 Years (USA Truck)n/a

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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as USAK has not reported any payouts.


Discover strong dividend paying companies

Management

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

2.8yrs

Average management tenure


CEO

James Reed (49 yo)

5.67yrs

Tenure

US$1,868,737

Compensation

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


CEO Compensation Analysis

James Reed's Compensation vs USA Truck Earnings
How has James Reed's remuneration changed compared to USA Truck's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

US$33m

Mar 31 2022n/an/a

US$34m

Dec 31 2021US$2mUS$511k

US$25m

Sep 30 2021n/an/a

US$19m

Jun 30 2021n/an/a

US$16m

Mar 31 2021n/an/a

US$11m

Dec 31 2020US$2mUS$500k

US$5m

Sep 30 2020n/an/a

-US$6m

Jun 30 2020n/an/a

-US$10m

Mar 31 2020n/an/a

-US$9m

Dec 31 2019US$2mUS$494k

-US$5m

Sep 30 2019n/an/a

US$5m

Jun 30 2019n/an/a

US$10m

Mar 31 2019n/an/a

US$13m

Dec 31 2018US$2mUS$456k

US$12m

Sep 30 2018n/an/a

US$22m

Jun 30 2018n/an/a

US$19m

Mar 31 2018n/an/a

US$13m

Dec 31 2017US$1mUS$393k

US$7m

Sep 30 2017n/an/a

-US$11m

Jun 30 2017n/an/a

-US$12m

Mar 31 2017n/an/a

-US$11m

Dec 31 2016US$418kUS$54k

-US$8m

Compensation vs Market: James's total compensation ($USD1.87M) is about average for companies of similar size in the US market ($USD1.67M).

Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: USAK's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: USAK's board of directors are considered experienced (6.7 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.


Ownership Breakdown

What is the ownership structure of USAK?
Owner TypeNumber of SharesOwnership Percentage
Hedge Funds542,3556.1%
Individual Insiders885,84510.0%
Private Companies902,53010.2%
Institutions6,495,31873.6%

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


Top Shareholders

Top 25 shareholders own 79.75% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
10.61%
The Estate of James B. Speed
902,530$28.6m12.18%no data
8.01%
Dimensional Fund Advisors LP
680,825$21.6m8.55%no data
7%
Grace & White, Inc.
595,044$18.9m13.19%3.43%
6.38%
Magnetar Capital, LLC
542,355$17.2m2.72%0.23%
4.52%
Balyasny Asset Management L.P.
384,000$12.2m0%0.05%
4.24%
The Vanguard Group, Inc.
360,944$11.4m-6.84%no data
3.64%
Acadian Asset Management LLC
309,799$9.8m6.4%0.04%
3.59%
James Reed
305,541$9.7m0%no data
2.61%
Chicago Capital Management, LLC
222,157$7.0m0%8.79%
2.61%
Citadel Advisors LLC
221,853$7.0m764.69%0.01%
2.6%
Morgan Stanley, Investment Banking and Brokerage Investments
221,272$7.0m25.44%no data
2.38%
Bridgeway Capital Management, LLC
202,831$6.4m7.64%0.14%
2.12%
LSV Asset Management
180,500$5.7m-0.99%0.01%
2.1%
Bardin Hill Investment Partners LP
178,779$5.7m0%0.55%
2.09%
Naviter Wealth LLC
177,943$5.6m164.19%2.24%
1.95%
Assenagon Asset Management S.A.
166,089$5.3m-13.2%0.02%
1.76%
Berry Street Capital Management LLP
150,000$4.8m0%1.03%
1.65%
Flint Ridge Capital LLC
140,000$4.4m0%no data
1.58%
Invesco Capital Management LLC
134,394$4.3m528.01%no data
1.48%
U.S. Bancorp Asset Management, Inc.
125,935$4.0m9.95%0.01%
1.41%
Renaissance Technologies LLC
120,000$3.8m59.15%no data
1.39%
Hennessy Advisors, Inc.
118,100$3.7m10.37%0.16%
1.38%
Timothy Guin
117,249$3.7m0%no data
1.37%
Marshall Wace LLP
116,305$3.7m454.76%0.01%
1.27%
Millennium Management LLC
107,892$3.4m7.3%no data

Company Information

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


Key Information

  • Name: USA Truck, Inc.
  • Ticker: USAK
  • Exchange: NasdaqGS
  • Founded: 1983
  • Industry: Trucking
  • Sector: Transportation
  • Implied Market Cap: US$269.684m
  • Shares outstanding: 8.50m
  • 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

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/15 00:00
End of Day Share Price2022/09/14 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.