Investors focused on the Transportation space have likely heard of USA Truck , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
USA Truck is one of 142 individual stocks in the Transportation sector. Collectively, these companies sit at #5 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. USAK is currently sporting a Zacks Rank of #3 (Hold).
The Zacks Consensus Estimate for USAK's full-year earnings has moved 57.68% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that USAK has returned about 95.63% since the start of the calendar year. Meanwhile, stocks in the Transportation group have gained about 13.60% on average. This means that USA Truck is outperforming the sector as a whole this year.
Looking more specifically, USAK belongs to the Transportation - Truck industry, a group that includes 13 individual stocks and currently sits at #40 in the Zacks Industry Rank. This group has gained an average of 30% so far this year, so USAK is performing better in this area.
Investors in the Transportation sector will want to keep a close eye on USAK as it attempts to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Investors focused on the Transportation space have likely heard of USA Truck , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
USA Truck is one of 142 individual stocks in the Transportation sector. Collectively, these companies sit at #5 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. USAK is currently sporting a Zacks Rank of #3 (Hold).
The Zacks Consensus Estimate for USAK's full-year earnings has moved 57.68% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that USAK has returned about 95.63% since the start of the calendar year. Meanwhile, stocks in the Transportation group have gained about 13.60% on average. This means that USA Truck is outperforming the sector as a whole this year.
Looking more specifically, USAK belongs to the Transportation - Truck industry, a group that includes 13 individual stocks and currently sits at #40 in the Zacks Industry Rank. This group has gained an average of 30% so far this year, so USAK is performing better in this area.
Investors in the Transportation sector will want to keep a close eye on USAK as it attempts to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>