Heartland Express Stock Price To Earning
HTLD Stock | USD 10.36 0.26 2.57% |
Heartland Express fundamentals help investors to digest information that contributes to Heartland Express' financial success or failures. It also enables traders to predict the movement of Heartland Stock. The fundamental analysis module provides a way to measure Heartland Express' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Heartland Express stock.
Heartland | Price To Earning |
Heartland Express Company Price To Earning Analysis
Heartland Express' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Heartland Express Price To Earning | 18.73 X |
Most of Heartland Express' fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Heartland Express is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Heartland Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Heartland Express is extremely important. It helps to project a fair market value of Heartland Stock properly, considering its historical fundamentals such as Price To Earning. Since Heartland Express' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Heartland Express' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Heartland Express' interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition |
Heartland Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Heartland Express has a Price To Earning of 18.73 times. This is 5.36% lower than that of the Ground Transportation sector and 66.49% higher than that of the Industrials industry. The price to earning for all United States stocks is 34.78% higher than that of the company.
Heartland Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heartland Express' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Heartland Express could also be used in its relative valuation, which is a method of valuing Heartland Express by comparing valuation metrics of similar companies.Heartland Express is currently under evaluation in price to earning category among related companies.
Heartland Fundamentals
Return On Equity | -0.0151 | ||||
Return On Asset | -0.0119 | ||||
Profit Margin | (0.01) % | ||||
Operating Margin | (0.05) % | ||||
Current Valuation | 1.07 B | ||||
Shares Outstanding | 79.03 M | ||||
Shares Owned By Insiders | 44.47 % | ||||
Shares Owned By Institutions | 57.21 % | ||||
Number Of Shares Shorted | 1.49 M | ||||
Price To Earning | 18.73 X | ||||
Price To Book | 0.99 X | ||||
Price To Sales | 0.71 X | ||||
Revenue | 1.21 B | ||||
Gross Profit | 326.74 M | ||||
EBITDA | 200.34 M | ||||
Net Income | 14.78 M | ||||
Cash And Equivalents | 171.88 M | ||||
Cash Per Share | 2.18 X | ||||
Total Debt | 317.44 M | ||||
Debt To Equity | 0.09 % | ||||
Current Ratio | 2.34 X | ||||
Book Value Per Share | 10.74 X | ||||
Cash Flow From Operations | 165.27 M | ||||
Short Ratio | 4.25 X | ||||
Earnings Per Share | 0.19 X | ||||
Price To Earnings To Growth | 2.23 X | ||||
Target Price | 12.75 | ||||
Number Of Employees | 6.04 K | ||||
Beta | 0.61 | ||||
Market Capitalization | 818.8 M | ||||
Total Asset | 1.51 B | ||||
Retained Earnings | 1.06 B | ||||
Working Capital | 45.8 M | ||||
Current Asset | 136.44 M | ||||
Current Liabilities | 66.17 M | ||||
Annual Yield | 0.01 % | ||||
Five Year Return | 0.44 % | ||||
Net Asset | 1.51 B | ||||
Last Dividend Paid | 0.08 |
About Heartland Express Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Heartland Express's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heartland Express using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heartland Express based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Complementary Tools for Heartland Stock analysis
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 0.19 | 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.