US Xpress Enterprises, Inc (USX)

[Invest-in-America]

USX: This came out of yesterday's 'Starting Gate' at circa 300% UP; then stayed circa there ALL day long; & now only down a PINCH!! SOMETHING is very SOLID about this play, Peeps!!

[longview1]

Nice payday today

[Invest-in-America]

USX: Well, make that circa NINE MONTHS, Bro!!!! (WOW!!! Glad I had some of this yesterday!!!!)

[davidsson10]

Talk about a payday.....

[longview1]

I’m in, hopefully numbers are good in two days.

[TrendTrade2016]

next low float trucker....look out we are picking up speed....beep beep!!

[rinoo]

Good luck to all - see you again in 30 days.

[rinoo]

Time to buy

[rinoo]

https://www.tickerreport.com/banking-finance/6212192/financial-comparison-covenantlogisticsgroupinc-nasdaqcvlg-versus-us-xpress-enterprises-nasdaqusx.html

[rinoo]

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.

[rinoo]

https://www.zacks.com/commentary/1047209/new-strong-buy-stocks-for-august-27th/28th

[rinoo]

It looks like the stock is on a resistance threshold around $ 9.30- $ 9.50.I will start accumulating.

[I-Glow]

I think it investors taking profits.

The company does a very poor job of informing investors on a successful quarter.

IG

[rinoo]

Any idea why it's down today ?

[I-Glow]

I was in and out in 3 days - took 25% profit.

IG

[I-Glow]

U.S. Xpress has strong second quarter

https://www.freightwaves.com/news/u-s-xpress-has-strong-second-quarter

IG

[rinoo]

The fifth trucking company in the US has a great price right now - I think by the end of the year it will reach $ 15 but it still lags far behind the other prices of the big trucking companies which are between $ 35 and $ 130.

[I-Glow]

Up 22% after earnings report.

IG

[I-Glow]

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

[TheFinalCD]

50,199 BUY @ 6.81

RIGHT AT THE CLOSE

USX

[I-Glow]

Earning Report Tuesday July 28 at 5:00PM.

"second quarter 2020 results after market close on Tuesday, July 28, 2020 and will host a conference call at 5:00 p.m. (Eastern Time)"

IG