Equities analysts predict that US Xpress Enterprises Inc (NYSE:USX) will announce earnings per share of $0.25 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for US Xpress Enterprises’ earnings, with the highest EPS estimate coming in at $0.32 and the lowest estimate coming in at $0.19. US Xpress Enterprises posted earnings per share of $0.78 in the same quarter last year, which indicates a negative year-over-year growth rate of 67.9%. The business is expected to announce its next earnings results on Thursday, August 1st.
According to Zacks, analysts expect that US Xpress Enterprises will report full year earnings of $1.14 per share for the current fiscal year, with EPS estimates ranging from $0.90 to $1.29. For the next financial year, analysts anticipate that the company will post earnings of $1.35 per share, with EPS estimates ranging from $0.90 to $1.88. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that that provide coverage for US Xpress Enterprises.
US Xpress Enterprises (NYSE:USX) last released its earnings results on Thursday, May 2nd. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.03). The firm had revenue of $415.36 million during the quarter, compared to analyst estimates of $443.32 million. US Xpress Enterprises had a net margin of 1.59% and a return on equity of 24.13%. The firm’s quarterly revenue was down 2.4% on a year-over-year basis.
Shares of US Xpress Enterprises stock traded down $0.18 on Friday, reaching $5.40. 2,537 shares of the company were exchanged, compared to its average volume of 296,754. US Xpress Enterprises has a 1-year low of $4.83 and a 1-year high of $16.94. The company has a market cap of $262.98 million and a PE ratio of 3.43. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.86 and a current ratio of 0.86.
In other news, insider William Eric Fuller sold 85,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $5.91, for a total transaction of $502,350.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John C. Rickel acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The shares were acquired at an average cost of $5.98 per share, for a total transaction of $29,900.00. The disclosure for this purchase can be found here. 34.85% of the stock is owned by insiders.
A number of institutional investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SA grew its holdings in US Xpress Enterprises by 1,533.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,769 shares of the company’s stock worth $32,000 after acquiring an additional 4,477 shares during the last quarter. Virtu Financial LLC bought a new stake in US Xpress Enterprises in the 1st quarter worth $71,000. Jane Street Group LLC bought a new stake in US Xpress Enterprises in the 1st quarter worth $80,000. Millennium Management LLC bought a new stake in US Xpress Enterprises in the 4th quarter worth $83,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in US Xpress Enterprises in the 1st quarter worth $103,000. 35.23% of the stock is currently owned by institutional investors.
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 through 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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