In a report issued on February 26, Jason Seidl from Cowen & Co. maintained a Buy rating on USA Truck (USAK – Research Report), with a price target of $24.00. The company’s shares closed last Wednesday at $16.15, close to its 52-week high of $16.38.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 23.1% and a 76.6% success rate. Seidl covers the Industrial Goods sector, focusing on stocks such as Covenant Logistics Group, Expeditors International, and Knight Transportation.
Currently, the analyst consensus on USA Truck is a Moderate Buy with an average price target of $24.00.
The company has a one-year high of $16.38 and a one-year low of $2.36. Currently, USA Truck has an average volume of 89.05K.
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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. The company was founded in 1983 and is headquartered in Van Buren, AR.