US Xpress Enterprises Inc (NYSE:USX) Director John C. Rickel acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 6th. The shares were acquired at an average cost of $7.49 per share, for a total transaction of $37,450.00. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

USX stock opened at $7.67 on Friday. The company has a quick ratio of 1.06, a current 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 released its earnings results on Thursday, November 1st. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.05). The business had revenue of $460.23 million during the quarter, compared to analysts’ expectations of $462.27 million. The company’s quarterly revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.11) EPS. Sell-side analysts forecast that US Xpress Enterprises Inc will post 1.34 EPS for the current year.

A number of equities analysts have issued reports on USX shares. Zacks Investment Research cut US Xpress Enterprises from a “hold” rating to a “sell” rating in a report on Thursday, October 4th. Morgan Stanley increased their target price on US Xpress Enterprises from $25.00 to $26.00 and gave the stock an “overweight” rating in a report on Monday, August 6th. Bank of America lowered their target price on US Xpress Enterprises from $20.00 to $15.00 and set a “buy” rating for the company in a report on Friday, November 2nd. Finally, JPMorgan Chase & Co. lowered their target price on US Xpress Enterprises from $16.00 to $15.00 and set an “overweight” rating for the company in a report on Friday, November 2nd. One investment analyst has rated the stock with a sell rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $18.67.

A number of hedge funds have recently added to or reduced their stakes in USX. Penn Capital Management Co. Inc. bought a new position in US Xpress Enterprises during the 2nd quarter worth about $1,145,000. Emerald Advisers Inc. PA bought a new position in shares of US Xpress Enterprises in the 2nd quarter valued at about $15,314,000. Emerald Mutual Fund Advisers Trust bought a new position in shares of US Xpress Enterprises in the 2nd quarter valued at about $14,347,000. Sei Investments Co. bought a new position in shares of US Xpress Enterprises in the 2nd quarter valued at about $1,341,000. Finally, Dean Capital Investments Management LLC bought a new position in shares of US Xpress Enterprises in the 2nd quarter valued at about $545,000.

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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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