Has USA Truck (USAK) Outpaced Other Transportation Stocks This Year?

Zacks Equity Research

Fri, Jun 18, 2021, 11:30 AM2 min read

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Is USA Truck (USAK) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.

USA Truck is a member of our Transportation group, which includes 141 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. USAK is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for USAK's full-year earnings has moved 20.55% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Our latest available data shows that USAK has returned about 66.18% since the start of the calendar year. Meanwhile, stocks in the Transportation group have gained about 9.09% on average. This means that USA Truck is outperforming the sector as a whole this year.

Breaking things down more, USAK is a member of the Transportation - Truck industry, which includes 13 individual companies and currently sits at #23 in the Zacks Industry Rank. Stocks in this group have gained about 18.91% so far this year, so USAK is performing better this group in terms of year-to-date returns.

Investors with an interest in Transportation stocks should continue to track USAK. The stock will be looking to continue its solid performance.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

USA Truck, Inc. (USAK) : Free Stock Analysis Report

To read this article on Zacks.com click here.

'Which Bucket Do I Draw From First?' Suze Orman Explains To 67-Year-Old The Best Order For Tapping Into Her Retirement Accounts
When Ellen, a 67-year-old retiree, reached out to Suze Orman during her podcast, she had a straightforward yet crucial financial inquiry: "Which bucket do I draw from first?" Ellen, whose Social Security covers most of her daily living expenses, needed guidance on how to use her different types of retirement accounts for additional expenditures like travel. Don't Miss: The recommended retirement savings amount is $550K, but here is why so many Americans are falling short. Reddit user reveals his
Benzinga
1 Ridiculously Undervalued Growth Stock Down 93% to Buy Hand Over Fist Right Now in May
Investors are not convinced that this cheap stock is safe from the rising effectiveness of artificial intelligence.
Motley Fool
Can You Guess How Many Retire With A $5 Million Nest Egg?
In the realm of retirement savings, only a select few in the United States achieve the milestone of a $5 million nest egg. Data from the Employee Benefit Research Institute, based on the Federal Reserve’s Survey of Consumer Finances, reveals that a mere 0.1% of retirees manage to accumulate over $5 million in their retirement accounts, whereas only 3.2% amass over $1 million. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? Can you
Benzinga
The stock market is about to see a 10% correction, with further disinflation a 'pipe dream' and Fed rate cuts coming much later, Stifel says
Inflation falling further from here in the near term is a "pipe dream" and rate cuts will continue to be pushed out, Stifel strategists said.
Business Insider
Analysts overhaul Nvidia stock price targets ahead of earnings
The chipmaker's new GB200 platform could transform its medium-term revenue growth, according to Wall Street analysts.
TheStreet
A Once-in-a-Decade Opportunity: 3 Magnificent Dividend Stocks Down Between 19% and 28% to Buy Now and Hold Forever
These three low-volatility, dividend-growth stocks offer the potential to rebound while trading near decade-low valuations.
Motley Fool
Southern States Sink As Seriously Underwater Home Mortgages Rise
According to a report released on May 9, 2024, the number of properties classified as seriously underwater is ticking up, with southern states bearing the brunt of the phenomenon. One in 37 homes with mortgages was considered seriously underwater during the first quarter, according to real estate data provider ATTOM's 2024 U.S. Home Equity & Underwater Report. That's up from one in 38 homes during the fourth quarter of last year. A mortgage is considered seriously underwater when the estimated l
Benzinga
Wall Street Desks Warn CPI Report May Upset Stock-Market Calm
(Bloomberg) -- From JPMorgan Chase & Co. to Citigroup Inc., Wall Street’s most prominent trading desks are warning that investors should gear up for a potential break in the calm that’s come over the market.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Retail FrenzyTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsChina to Start $138 Billion Bond Sale on Friday to Boost EconomyMacron Puts Frenc
Bloomberg
From a melt-up to a sell-off, the next 2 weeks will determine the stock market's direction for the summer
"Inflation and NVIDIA earnings data that exceed expectations could set the stage for an early summer melt-up," UBS said.
Business Insider
Forget Starbucks: Buy This Other Sizzling-Hot Coffee Chain Stock Instead
Starbucks is facing a number of challenges right now, and consumers may be opting for an up-and-coming chain as an alternative.
Motley Fool

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Has USA Truck (USAK) Outpaced Other Transportation Stocks This Year?

Recommended Stories

'Which Bucket Do I Draw From First?' Suze Orman Explains To 67-Year-Old The Best Order For Tapping Into Her Retirement Accounts

1 Ridiculously Undervalued Growth Stock Down 93% to Buy Hand Over Fist Right Now in May

Can You Guess How Many Retire With A $5 Million Nest Egg?

The stock market is about to see a 10% correction, with further disinflation a 'pipe dream' and Fed rate cuts coming much later, Stifel says

Analysts overhaul Nvidia stock price targets ahead of earnings

A Once-in-a-Decade Opportunity: 3 Magnificent Dividend Stocks Down Between 19% and 28% to Buy Now and Hold Forever

Southern States Sink As Seriously Underwater Home Mortgages Rise

Wall Street Desks Warn CPI Report May Upset Stock-Market Calm

From a melt-up to a sell-off, the next 2 weeks will determine the stock market's direction for the summer

Forget Starbucks: Buy This Other Sizzling-Hot Coffee Chain Stock Instead