The company retains a Market Volatility (i.e. Beta) of 0.2785, which attests to not very significant fluctuations relative to the market. Let's try to break down what Heartland's beta means in this case. As returns on the market increase, Heartland Express returns are expected to increase less than the market. However, during the bear market, the loss on holding Heartland Express will be expected to be smaller as well. Even though it is essential to pay attention to
Heartland Express current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy in determining any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Heartland Express exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
Heartland Express has an expected return of -0.12%. Please be advised to check out Heartland Express
value at risk,
daily balance of power, and the
relationship between the
total risk alpha and
expected short fall to decide if
Heartland Express stock performance from the past will be repeated at some point in the near future.
The successful prediction of Heartland Express
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Heartland Express, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Heartland Express based on Heartland Express hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Heartland Express's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Heartland Express's related companies.
Use Technical Analysis to project Heartland expected Price
Heartland Express technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Heartland Express technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Heartland Express trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Heartland Express Gross Profit
Heartland Express Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Heartland Express previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Heartland Express Gross Profit growth over the last 10 years. Please check Heartland Express'
gross profit and other
fundamental indicators for more details.
An Additional Perspective On Heartland Express
This firm reported the previous year's revenue of 642.32
M. Net Income was 65.71
M with profit before overhead, payroll, taxes, and interest of 217.39
M.
Cost of Revenue Breakdown
Heartland Express Cost of Revenue is decreasing over the years with stable fluctuation. Ongoing Cost of Revenue is projected to grow to about 146.5
M this year. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Heartland Express Cost of Revenue is projected to decrease significantly based on the last few years of reporting. The past year's Cost of Revenue was at 134.33 Million
| 2013 | 207.47 Million |
| 2014 | 310.26 Million |
| 2015 | 192.23 Million |
| 2016 | 141.14 Million |
| 2017 | 163.99 Million |
| 2018 | 156.38 Million |
| 2019 | 134.33 Million |
| 2020 | 146.49 Million |
Will Heartland Express latest dip continue?
The skewness is down to -0.9 as of today. Heartland Express exhibits very low volatility with skewness of -0.9 and kurtosis of 3.1. However, we advise investors to further study Heartland Express technical indicators to make sure all market info is available and is reliable.
Our Conclusion on Heartland Express
Although other entities in the trucking industry are either recovering or due for a correction, Heartland Express may not be performing as strong as the other in terms of long-term growth potentials. To conclude, as of the 17th of October 2020, our analysis shows that Heartland Express slowly supersedes the market. The firm is
undervalued and projects
below average probability of financial unrest for the next 2 years. Our latest 30 days recommendation on the firm is
Strong Hold.
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Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Heartland Express. Please refer to our
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