Heartland Express Stock Today
| HTLD Stock | USD 10.33 0.10 0.96% |
Performance0 of 100
| Odds Of DistressLess than 6
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Heartland Express is trading at 10.33 as of the 25th of April 2024, a -0.96% down since the beginning of the trading day. The stock's lowest day price was 10.12. Heartland Express has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Heartland Express are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Transportation | IPO Date 26th of March 1990 | Category Industrials |
Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada. The company was founded in 1978 and is headquartered in North Liberty, Iowa. Heartland Express operates under Trucking classification in the United States and is traded on NASDAQ Exchange. The company has 79.03 M outstanding shares of which 1.43 M shares are currently shorted by private and institutional investors with about 4.62 trading days to cover. More on Heartland Express
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Follow Valuation Options Odds of Bankruptcy
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Heartland Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Heartland Express' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Heartland Express or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman and CEO | Michael Gerdin | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Ground Transportation, Transportation, Industrials, NASDAQ Composite, SP Small-Cap 600, NASDAQ Composite Total, Industrials, Ground Transportation, Trucking, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Heartland Express report their recommendations after researching Heartland Express' financial statements, talking to executives and customers, or listening in on Heartland Express' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Heartland Express. The Heartland consensus assessment is calculated by taking the average forecast from all of the analysts covering Heartland Express. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Heartland Express' liquidity, profitability, solvency, and operating efficiency, Heartland Express may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. Financial strength of Heartland Express is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Heartland Express' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Heartland Express' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Heartland Express' financial leverage. It provides some insight into what part of Heartland Express' total assets is financed by creditors.
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Heartland Express (HTLD) is traded on NASDAQ Exchange in USA. It is located in 901 Heartland Way, North Liberty, IA, United States, 52317 and employs 6,040 people. Heartland Express is listed under Ground Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 824.33 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Heartland Express's market, we take the total number of its shares issued and multiply it by Heartland Express's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Heartland Express conducts business under Ground Transportation sector and is part of Industrials industry. The entity has 79.03 M outstanding shares of which 1.43 M shares are currently shorted by private and institutional investors with about 4.62 trading days to cover.
Heartland Express currently holds about 171.88 M in cash with 165.27 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.18.
Check Heartland Express Probability Of Bankruptcy
Ownership AllocationHeartland Express secures a total of 79.03 Million outstanding shares. Over half of Heartland Express' outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Heartland Express. Please watch out for any change in the institutional holdings of Heartland Express as this could mean something significant has changed or is about to change at the company. Also note that almost one million five hundred eighty thousand six hundred eighty-eight invesors are currently shorting Heartland Express expressing very little confidence in its future performance.
Check Heartland Ownership Details
Heartland Stock Price Odds Analysis
What are Heartland Express' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Heartland Express jumping above the current price in 90 days from now is roughly 97.0%. The Heartland Express probability density function shows the probability of Heartland Express stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.3324. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Heartland Express will likely underperform. Additionally, heartland Express has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Heartland Express to move above the current price in 90 days from now is roughly 97.0 (This Heartland Express probability density function shows the probability of Heartland Stock to fall within a particular range of prices over 90 days) .
Heartland Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Heartland Express that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Heartland Express' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Heartland Express' value.| Instituion | Recorded On | Shares | |
| Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 631 K | |
| Raymond James & Associates | 2023-12-31 | 600.2 K | |
| Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 581.9 K | |
| Northern Trust Corp | 2023-12-31 | 503.8 K | |
| Sei Investments Co | 2023-12-31 | 486.7 K | |
| Amvescap Plc. | 2023-12-31 | 485.4 K | |
| Dean C H & Associates Inc | 2023-12-31 | 443.2 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 391.9 K | |
| Heartland Advisors Inc | 2023-12-31 | 365.3 K | |
| American Century Companies Inc | 2023-12-31 | 7.6 M | |
| Blackrock Inc | 2023-12-31 | 7.4 M |
Heartland Express Historical Income Statement
Heartland Express Income Statement is one of the three primary financial statements used for reporting Heartland's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Heartland Express revenue and expense. Heartland Express Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Heartland Express' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.3 B, whereas Income Before Tax is forecasted to decline to about 18.9 M. View More FundamentalsHeartland Stock Against Markets
Picking the right benchmark for Heartland Express stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Heartland Express stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Heartland Express is critical whether you are bullish or bearish towards Heartland Express at a given time. Please also check how Heartland Express' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Heartland Express without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Heartland Express Corporate Directors
Heartland Express corporate directors refer to members of a Heartland Express board of directors. The board of directors generally takes responsibility for the Heartland Express' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Heartland Express' board members must vote for the resolution. The Heartland Express board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Brenda Neville | Independent Director | Profile | |
| Tahira Hira | Independent Director | Profile | |
| James Pratt | Independent Director | Profile | |
| Lawrence Crouse | Independent Director | Profile |
How to buy Heartland Stock?
Before investing in Heartland Express, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Heartland Express. To buy Heartland Express stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Heartland Express. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Heartland Express stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Heartland Express stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Heartland Express stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Heartland Express, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Heartland Stock please use our How to Invest in Heartland Express guide.
Already Invested in Heartland Express?
The danger of trading Heartland Express is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Heartland Express is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Heartland Express. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Heartland Express is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Express. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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 15.282 | Quarterly Revenue Growth (0.22) |
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.