Heartland Price To Sales Ratio from 2010 to 2024

HTLD Stock  USD 11.20  0.18  1.63%   
Heartland Express' Price To Sales Ratio is decreasing over the years with slightly volatile fluctuation. Price To Sales Ratio is expected to dwindle to 0.89. Price To Sales Ratio is a valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
0.93310293
Current Value
0.89
Quarterly Volatility
0.72350738
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Heartland Express financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heartland main balance sheet or income statement drivers, such as Depreciation And Amortization of 209 M, Interest Expense of 25.4 M or Total Revenue of 1.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.89, Dividend Yield of 0.0053 or PTB Ratio of 1.24. Heartland financial statements analysis is a perfect complement when working with Heartland Express Valuation or Volatility modules.
  
This module can also supplement Heartland Express' financial leverage analysis and stock options assessment as well as various Heartland Express Technical models . Check out the analysis of Heartland Express Correlation against competitors.
For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.

Latest Heartland Express' Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Heartland Express over the last few years. Price to Sales Ratio is figured by comparing Heartland Express stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Heartland Express sales, a figure that is much harder to manipulate than other Heartland Express multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period. Heartland Express' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Heartland Express' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.71 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Heartland Price To Sales Ratio Regression Statistics

Arithmetic Mean2.26
Geometric Mean2.11
Coefficient Of Variation32.07
Mean Deviation0.56
Median2.42
Standard Deviation0.72
Sample Variance0.52
Range2.3112
R-Value(0.65)
Mean Square Error0.33
R-Squared0.42
Significance0.01
Slope(0.10)
Total Sum of Squares7.33

Heartland Price To Sales Ratio History

2024 0.89
2023 0.93
2022 1.25
2021 2.2
2020 2.28
2019 2.89
2018 2.47

About Heartland Express Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Heartland Express income statement, its balance sheet, and the statement of cash flows. Heartland Express investors use historical funamental indicators, such as Heartland Express's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Heartland Express investors may use each financial statement separately, they are all related. The changes in Heartland Express's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Heartland Express's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Heartland Express Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Heartland Express. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.93  0.89 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Heartland Express is a strong investment it is important to analyze Heartland Express' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heartland Express' future performance. For an informed investment choice regarding Heartland Stock, refer to the following important reports:
Check out the analysis of Heartland Express Correlation against competitors.
For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Heartland Express' price analysis, check to measure Heartland Express' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heartland Express is operating at the current time. Most of Heartland Express' value examination focuses on studying past and present price action to predict the probability of Heartland Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartland Express' price. Additionally, you may evaluate how the addition of Heartland Express to your portfolios can decrease your overall portfolio volatility.
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Is Heartland Express' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heartland Express. If investors know Heartland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heartland Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Dividend Share
0.08
Earnings Share
(0.16)
Revenue Per Share
14.513
Quarterly Revenue Growth
(0.18)
The market value of Heartland Express is measured differently than its book value, which is the value of Heartland that is recorded on the company's balance sheet. Investors also form their own opinion of Heartland Express' value that differs from its market value or its book value, called intrinsic value, which is Heartland Express' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heartland Express' market value can be influenced by many factors that don't directly affect Heartland Express' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heartland Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartland Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartland Express' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.