US Xpress Enterprises Inc (NYSE:USX) Director John C. Rickel acquired 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 6th. The stock was purchased at an average price of $7.49 per share, for a total transaction of $37,450.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of USX stock traded up $0.05 on Thursday, hitting $8.31. The stock had a trading volume of 426,100 shares, compared to its average volume of 446,695. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.31. US Xpress Enterprises Inc has a 1 year low of $6.54 and a 1 year high of $16.94.
US Xpress Enterprises (NYSE:USX) last posted its quarterly earnings data on Thursday, November 1st. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by ($0.05). The company had revenue of $460.23 million during the quarter, compared to analysts’ expectations of $462.27 million. During the same quarter in the previous year, the company earned ($0.11) EPS. The company’s revenue for the quarter was up 18.0% on a year-over-year basis. As a group, equities analysts anticipate that US Xpress Enterprises Inc will post 1.34 earnings per share for the current fiscal year.
Several equities research analysts recently issued reports on the company. Zacks Investment Research downgraded US Xpress Enterprises from a “hold” rating to a “sell” rating in a report on Wednesday. Bank of America cut their price objective on US Xpress Enterprises from $20.00 to $15.00 and set a “buy” rating on the stock in a report on Friday, November 2nd. Morgan Stanley boosted their price objective on US Xpress Enterprises from $25.00 to $26.00 and gave the company an “overweight” rating in a report on Monday, August 6th. Finally, JPMorgan Chase & Co. cut their price objective on US Xpress Enterprises from $16.00 to $15.00 and set an “overweight” rating on the stock in a report on Friday, November 2nd. One research analyst has rated the stock with a sell rating and seven have assigned a buy rating to the company. US Xpress Enterprises has an average rating of “Buy” and a consensus target price of $18.67.
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US Xpress Enterprises Company Profile
U.S. Xpress Enterprises, Inc operates as an asset-based truckload carrier providing services primarily in the United States. It operates in 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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