USA Truck Story

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USAK -- USA Stock  

USD 9.86  0.15  1.50%

As many rational traders are trying to avoid industrials space, it makes sense to examine USA Truck a little further and understand how it stands against Heartland Express and other similar entities. We are going to concentrate on some of the competitive aspects of both USA Truck and Heartland.
Published over two months ago
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Will Heartland (NASDAQ:HTLD) shadow USA Truck price growth?
By analyzing existing basic indicators between USA Truck and Heartland, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Heartland with a short position in USA Truck. Check out our pair correlation module for more information.

Let's begin by analyzing the assets. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. USA Truck has an asset utilization ratio of 179.93 percent. This signifies that the company is making $1.8 for each dollar of assets. An increasing asset utilization means that USA Truck is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two companies, such as USA Truck or Heartland is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

How important is USA Truck's Liquidity

USA Truck financial leverage refers to using borrowed capital as a funding source to finance USA Truck ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. USA Truck financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between USA Truck's total debt and its cash.

Correlation Between USA Truck and Heartland Express

In general, stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding USA Truck together with similar or unrelated positions with a negative correlation. For example, you can also add Heartland Express to your portfolio. If Heartland Express is not perfectly correlated to USA Truck it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When USA Truck for example, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down. Please check pair correlation details between USAK and HTLD for more information.

Detailed Perspective On USA Truck

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Let me take a closer look at USA Truck revenue. Based on the latest financial disclosure , USA Truck reported 515.43 M of revenue. This is 85.27% lower than that of the Industrials sector and 83.12% lower than that of Trucking industry. The revenue for all United States stocks is 94.54% higher than that of USA Truck. As for Heartland Express we see revenue of 642.32 M, which is 78.96% lower than that of the Trucking

3.1 B
USAK515.43 Million12.24
Sector3.05 Billion72.51
HTLD642.32 Million15.25

USA Truck may start a bounce-back in August

Total risk alpha is down to 0.91. It may signify a possible volatility plunge. USA Truck shows above-average downside volatility for the selected time horizon. We advise investors to inspect USA Truck further and ensure that all market timing and asset allocation strategies are consistent with the estimation of USA Truck future alpha.

Our Takeaway on USA Truck Investment

Although some companies under the trucking industry are still a bit expensive, USA Truck may offer a potential longer-term growth to traders. While some traders may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to USA Truck.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of USA Truck. Please refer to our Terms of Use for any information regarding our disclosure principles.

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