Why is XPRSA trading so low, I know it lost money last 1/4 but trading below book value?

Answer 1

Well it is on the uptick (opened at 14.09, which was above the previous day's close of 13.97, and ended at 14.04, which was still above the previous day's close. Watch the volumes, there are more shares traded when it falls then when it rises, so there is a big selling sentiment.

Sure it has a cheap P/E of 13. Sure it has a respectable $1.08 earnings per share. But it is a trucking company! Fuel prices are going to eat their lunch. When the gas prices fall again (assuming such happens) then it is in a perfect place to rebound (although there will likely still be some bad news in the pipeline for a while). You spotted a good company, but the timing was bad (remember, if you can arrange to sell short, then today was a perfect day to have done it, while the stock is on the uptick--say you sold short late last February at about $20, if you bought to cover today, you just made about $600 per block of stock).

Answer 2

It looks to me that at about the time it started it's decline there were some profit warnings issued and downgrades. This is what an analyst was saying

" The analyst thinks trucking demand will continue to contract, especially among truckload carriers like US Xpress that have long-haul exposure.

"We see no reason to predict a pickup in the short term," the analyst wrote in a note to clients. "All of the other economic factors and indicators that have historically led to a rebound in freight demand are still pointing to continued contraction."

Broughton said the industrywide driver shortage might improve, which would lead to a greater supply of trucks and weaker pricing. Weaker pricing would hurt carriers struggling with profitability."

Answer 3

nicely, the e book fee you notice indexed on yahoo as an occasion could not be the main up-tp-date counsel. usually those numbers do not arise to date for 3-4 months at a time. Pay careful interest to the modern events of the corporation. There can be different factors that would might desire to be taken into consideration. Alot of companies have "off stability sheet" transactions or commitments including ensures on loans, commitments to officers or executives. there is likewise the profitablity of the corporation to contemplate. If a corporation has unfavourable cashflow, the fee right this moment is probable alot under the e book fee your staring at from the top of the particular 365 days or final quarter. we could additionally not forget approximately that the sources a corporation consists of on its books won't be nicely worth in liquidation what they are nicely worth on the companies books.