Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. Real-time analyst ratings, insider transactions, earnings data, and more. Based on earnings estimates, Heartland Express will have a dividend payout ratio of 6.20% next year.
4 Wall Street research analysts have issued twelve-month target prices for Heartland Express’ stock. Their HTLD share price forecasts range from $14.00 to $18.00. On average, they anticipate the company’s stock price to reach $16.75 in the next year. This suggests a possible upside of 15.7% from the stock’s current price. View analysts price targets for HTLD or view top-rated stocks among Wall Street analysts.
The what is purchasing power parity definition of Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
Heartland Express (HTLD) Gets a Hold from Morgan Stanley
It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. CompareHTLD’s historical performanceagainst its industry peers and the overall market. HTLD has a forward dividend yield of 0.55%.SeeHTLD’s full dividends and stock split historyon the Dividend tab. HTLD said the founder of the trucking company, Russell Gerdin, would retire from the chairman and chief executive posts, citing health reasons. One share of HTLD stock can currently be purchased for approximately $14.48. 124 employees have rated Heartland Express Chief Executive Officer Michael Gerdin on Glassdoor.com.
The consensus EPS estimate for the quarter has been revised 1.5% lower over the last 30 days to the current level. Heartland Express operates as a short-to-medium haul truckload carrier of general commodities in the United States and Canada. The company was founded in 1978 and is based in North Liberty, Iowa. We sell different types of products and services to both investment professionals and individual investors.
Heartland Express News & Analysis
Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. Heartland Express, Inc. is a holding company, which engages in the provision of short-to-medium haul truckload carrier services. It offers long haul truckload and regional truckload transportation. The company was founded by Russell A. Gerdin in 1978 and is headquartered…
Upgrade to MarketBeat All Access to add more stocks to your watchlist. MarketBeat has tracked 9 news articles for Heartland Express this week, compared to 2 articles on an average week. Measures how much net income or profit is generated as a percentage of revenue.
Morningstar‘s Stock Analysis HTLD
Heartland Express came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.19 per share. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. Heartland Express Inc ‘s HTLD first-quarter earnings rose 12% as the trucking company benefited from stronger revenue as well as fleet and utilization growth. Shares were up 1.7% at $14.23 in early trading as the results t… The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023.
Heartland Express has a dividend yield of 0.53%, which is in the bottom 25% of all stocks that pay dividends. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. Below are the latest news stories about HEARTLAND EXPRESS INC that investors may wish to consider to help them evaluate HTLD as an investment opportunity. DAC, KNOP, and HUBG are the stocks whose asset turnover ratios are most correlated with HTLD.
This news sentiment score is similar to the average news sentiment of Transportation companies. According to analysts’ consensus price target of $16.75, Heartland Express has a forecasted upside of 15.7% from its current price of $14.48. Management from Heartland Express will roll up its sleeves to again integrate a fleet with a less than stellar operating track record. On Monday, the Iowa-based truckload carrier acquired several asse… Truckload carrier Heartland Express reported only a slight increase in operating income for the fourth quarter despite making acquisitions that doubled the size of the company.
4 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Heartland Express in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should “hold” HTLD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HTLD, but not buy additional shares or sell existing shares.
Is It Time to Sell HTLD? Shares are down today.
Heartland Express’ stock was trading at $15.34 on January 1st, 2023. Since then, HTLD shares have decreased by 5.6% and is now trading at $14.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 .
A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
On a per-share basis, the North Liberty, Iowa-based company said it had net income of 16 cents. With the Zacks Transportation Sector carrying such a favorable rank, let’s look at three highly-ranked stocks in the realm. XPO’s revenues are expected to be $1.85 billion, down 46.6% from the year-ago quarter.
- Not only does this include current consensus earnings expectations for the coming quarter, but also how these expectations have changed lately.
- MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
- According to 4 analysts, the average rating for HTLD stock is “Hold.” The 12-month stock price forecast is $16.75, which is an increase of 15.68% from the latest price.
- The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
- In the past three months, Heartland Express insiders have bought more of their company’s stock than they have sold.
In addition to this technical measure, strong agreement among Wall Street a… Heartland Express shares have lost about 5.5% since the beginning of the year versus the S&P 500’s gain of 5.6%. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HTLD in relation to earlier this year. Represents the company’s profit divided by the outstanding shares of its common stock. HTLD’s revenue has moved up $136,613,000 over the prior 15 months.The table below shows HTLD’s growth in key financial areas . Stocks with similar financial metrics, market capitalization, and price volatility to HEARTLAND EXPRESS INC are EGY, CNNE, PW, SUNL, and XYF. Of note is the ratio of HEARTLAND EXPRESS INC’s sales and general administrative expense to its total operating expenses; merely 2.37% of US stocks have a lower such ratio.
- MarketBeat has tracked 9 news articles for Heartland Express this week, compared to 2 articles on an average week.
- View analysts price targets for HTLD or view top-rated stocks among Wall Street analysts.
- According to analysts’ consensus price target of $16.75, Heartland Express has a forecasted upside of 15.7% from its current price of $14.48.
This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. These returns cover a period from January 1, 1988 through April 3, 2023.
In comparison to the median Industrials stock, HTLD’s EV/EBIT ratio is 46.36% lower, now standing at 8.1. With a year-over-year growth in debt of 482.77%, HEARTLAND EXPRESS INC’s debt growth rate surpasses 96.8% of about US stocks. Momentum is the dimension where HTLD ranks best; there it ranks ahead of 77.61% of US stocks. We have 9 different ratings for every stock to help you appreciate its future potential.
Heartland Express does not have a long track record of dividend growth. Heartland Express has a short interest ratio (“days to cover”) of 5. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. HTLD market cap is currently $1.15B and has a P/E ratio of 8.60. Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more.
https://1investing.in/ data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Ideally, your overall portfolio should beat the market average. Over the past 243 months, HTLD’s EV/EBIT ratio has gone down 8.7. The heavy selling pressure might have exhausted for Heartland Express as it is technically in oversold territory now.