U.S. Xpress Enterprises, Inc. (USX) Social Stream
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$USX / US Xpress Enterprises files form 8-K - UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 26, 2021 US XPRESS ENTERPRISE https://fintel.io/sf/us/usx?utm_source=stocktwits.com&utm_medium=Referral&utm_campaign=filingrisenhoover, published June 1, 2021
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$USX Multiple insights in the last few minutes:
1. 📜 SEC Form 4 filed by U.S. Xpress Enterprises, Inc.
2. 📜 SEC Form 4 filed by Nash Dennis Alan
3. 📜 SEC Form 4 filed by U.S. Xpress Enterprises, Inc.
4. 📜 SEC Form 4 filed by Braman Edward Hall
5. 📜 SEC Form 4 filed by Beizer Jon
$USX Great presentation at the Bank of America Transportation conference. Variant digital fleet is now over 1,000 trucks, targeting 1,500 by year end. But growth is accelerating, so they will likely beat that target. Most important is that they now have Variant fixed cost covered, so the 20%-25% reduction in variable costs falls straight to the bottom line, i.e. margins are set to improve a LOT in 2H2021. Still just over half the sector P/E, stock should see $15-$20 by end of summer.StankyPigano, published May 20, 2021
$USX You heard it here first folks. Last few decades the main benefits of technology have accrued to the producers of tech. Next decade those benefits will accrue to the users. Exhibit A is $USX, where the Variant digital fleet is driving a $20%-25% reduction in costs in a moribund industry with no secular growth. This will in turn drive higher customer satisfaction and faster rev growth. Company says they will double revs in the next 4 years. If they do, the stock will be a 5-bagger at least.StankyPigano, published May 11, 2021