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USX - U.S. Xpress: A Covid-19 Recovery Play
December, 04 2020 10:41 AM
U.S. Xpress Enterprises Inc. Class A
Truckload carrier U.S. Xpress Enterprises, Inc. fell approximately by a quarter after a 3Q20 earnings and revenue miss. However, the company is in the midst of a digital transformation that should improve its bottom line by as much as 1,200 basis points per truck. With spot pricing above contract pricing for the first time in seven quarters and insider buying, U.S. Xpress merited a deeper dive. A full investment analysis is highlighted in the paragraphs below. For further details see:
U.S. Xpress: A Covid-19 Recovery Play
Stock Information
Company Name:
U.S. Xpress Enterprises Inc. Class A
Stock Symbol:
USX
Market:
NYSE
Website:
usxpress.com
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