rinoo
4 년 전
USX has been the topic of several recent analyst reports. BofA Securities upgraded US Xpress Enterprises from a “neutral” rating to a “buy” rating and lifted their price target for the company from $7.00 to $9.00 in a research note on Wednesday, July 29th. ValuEngine downgraded US Xpress Enterprises from a “buy” rating to a “hold” rating in a report on Thursday, July 2nd. Stifel Nicolaus downgraded US Xpress Enterprises from a “buy” rating to a “hold” rating and cut their price objective for the company from $7.00 to $5.00 in a report on Friday, May 1st. Bank of America raised US Xpress Enterprises from a “neutral” rating to a “buy” rating and raised their price objective for the company from $7.00 to $9.00 in a report on Wednesday, July 29th. Finally, Zacks Investment Research raised US Xpress Enterprises from a “hold” rating to a “buy” rating and set a $5.75 price objective on the stock in a report on Thursday, June 4th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $8.25.
Several large investors have recently made changes to their positions in the company. FMR LLC acquired a new position in shares of US Xpress Enterprises in the 2nd quarter valued at about $1,685,000. Charles Schwab Investment Management Inc. lifted its stake in shares of US Xpress Enterprises by 39.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 64,165 shares of the company’s stock valued at $385,000 after purchasing an additional 18,006 shares during the period. Sei Investments Co. lifted its stake in shares of US Xpress Enterprises by 5.6% in the 2nd quarter. Sei Investments Co. now owns 595,552 shares of the company’s stock valued at $3,573,000 after purchasing an additional 31,324 shares during the period. State of Wisconsin Investment Board acquired a new position in shares of US Xpress Enterprises in the 2nd quarter valued at about $101,000. Finally, Russell Investments Group Ltd. lifted its stake in shares of US Xpress Enterprises by 370.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 434,112 shares of the company’s stock valued at $2,602,000 after purchasing an additional 341,873 shares during the period. 35.74% of the stock is currently owned by institutional investors.
I-Glow
4 년 전
U.S. Xpress Enterprises Reports Second Quarter 2020 Results
https://www.businesswire.com/news/home/20200728005887/en/U.S.-Xpress-Enterprises-Reports-Quarter-2020-Results
Second Quarter 2020 Financial Highlights
Operating revenue of $422.5 million compared to $413.9 million in the second quarter of 2019
Operating income of $16.3 million compared to $8.8 million in the second quarter of 2019
Operating ratio of 96.1% compared to 97.9% in the second quarter of 2019
Adjusted operating ratio1, a non-GAAP measure, of 95.9% compared to 97.5% in the second quarter of 2019
Net income attributable to controlling interest of $9.5 million, or $0.18 per diluted share, compared to $2.7 million in the second quarter of 2019, or $0.05 per diluted share