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youSA Truck (USAK) closed the last day of trading at $31.09, which is -0.99% from the previous trading session. That move lagged the S&P 500’s 1.5% daily gain. Elsewhere, the Dow gained 1.12%, while the tech-heavy Nasdaq gained 0.32%.

Prior to today’s trading, shares of the truckload carrier had gained 94.67% in the past month. This outpaced the transportation sector’s loss of 9.63% and the S&P 500’s loss of 6.54% during this period.

Wall Street will be looking for positivity from USA Truck as its next earnings report date nears. In this report, analysts expect USA Truck to post earnings of $0.95 per share. This would mark a 90% year-over-year growth.

It’s also important to note recent changes to analyst estimates for USA Truck. These revisions help show the ever-changing nature of short-term trading trends. Therefore, we can interpret positive estimate revisions as a good sign for the company’s business outlook.

Based on our research, we believe that these estimate revisions are directly related to the team’s close stock movements. To benefit from this, we have developed the Zacks Rank, a proprietary model that takes into account these estimation changes and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system is proven and externally audited for outperformance, with #1 stocks returning an average of +25 % per year since 1988. The Zacks Consensus EPS estimate has remained flat over the past month. USA Truck currently has a Zacks rank of #1 (Strong Buy).

In terms of valuation, USA Truck is currently trading at a Forward P/E ratio of 6.9. This valuation marks a discount compared to the average Forward P/E of its sector of 12.31.

The Transport – Truck industry is part of the Transport sector. This industry currently has a Zacks Industry Ranking of 27, which places it in the top 11% of over 250 industries.

The Zacks Industry Ranking assesses the strength of our individual industry groups by measuring the average Zacks Ranking of individual stocks within the groups. Our research shows that the top 50% of industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to track all of these stock movement metrics, and more, in future trading sessions.

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

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.