Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada. More Details
Flawless balance sheet and good value.
Share Price & News
How has Heartland Express's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HTLD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HTLD's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: HTLD underperformed the US Transportation industry which returned 55.7% over the past year.
Return vs Market: HTLD underperformed the US Market which returned 49.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Heartland Express's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StHeartland Express, Inc.'s (NASDAQ:HTLD) CEO Compensation Looks Acceptable To Us And Here's Why
1 week ago | Simply Wall StHeartland Express, Inc. (NASDAQ:HTLD) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
1 month ago | Simply Wall StUpdate: Heartland Express (NASDAQ:HTLD) Stock Gained 14% In The Last Five Years
Is Heartland Express undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HTLD ($19.18) is trading below our estimate of fair value ($98.93)
Significantly Below Fair Value: HTLD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HTLD is good value based on its PE Ratio (21.8x) compared to the US Transportation industry average (29.4x).
PE vs Market: HTLD is poor value based on its PE Ratio (21.8x) compared to the US market (20.3x).
Price to Earnings Growth Ratio
PEG Ratio: HTLD is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: HTLD is good value based on its PB Ratio (2.1x) compared to the US Transportation industry average (2.7x).
How is Heartland Express forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HTLD's forecast earnings growth (9.3% per year) is above the savings rate (2%).
Earnings vs Market: HTLD's earnings (9.3% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: HTLD's earnings are forecast to grow, but not significantly.
Revenue vs Market: HTLD's revenue (3.8% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: HTLD's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HTLD's Return on Equity is forecast to be low in 3 years time (10.6%).
How has Heartland Express performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HTLD has a large one-off gain of $19.3M impacting its March 31 2021 financial results.
Growing Profit Margin: HTLD's current net profit margins (11.3%) are higher than last year (11%).
Past Earnings Growth Analysis
Earnings Trend: HTLD's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: HTLD's earnings growth over the past year (3.5%) is below its 5-year average (3.9% per year).
Earnings vs Industry: HTLD earnings growth over the past year (3.5%) underperformed the Transportation industry 15.8%.
Return on Equity
High ROE: HTLD's Return on Equity (9.9%) is considered low.
How is Heartland Express's financial position?
Financial Position Analysis
Short Term Liabilities: HTLD's short term assets ($226.7M) exceed its short term liabilities ($84.1M).
Long Term Liabilities: HTLD's short term assets ($226.7M) exceed its long term liabilities ($142.9M).
Debt to Equity History and Analysis
Debt Level: HTLD is debt free.
Reducing Debt: HTLD had no debt 5 years ago.
Debt Coverage: HTLD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HTLD has no debt, therefore coverage of interest payments is not a concern.
What is Heartland Express's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HTLD's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.23%).
High Dividend: HTLD's dividend (0.42%) is low compared to the top 25% of dividend payers in the US market (3.4%).
Stability and Growth of Payments
Stable Dividend: HTLD is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: HTLD is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: HTLD is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HTLD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Gerdin (50 yo)
Mr. Michael J. Gerdin, also known as Mike, has been the Chief Executive Officer and President of Heartland Express, Inc. since September 2011 and since May 2006 respectively. Mr. Gerdin served as the Presi...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD820.75K) is below average for companies of similar size in the US market ($USD3.75M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Experienced Management: HTLD's management team is considered experienced (4.5 years average tenure).
Experienced Board: HTLD's board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HTLD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Heartland Express, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Heartland Express, Inc.
- Ticker: HTLD
- Exchange: NasdaqGS
- Founded: 1978
- Industry: Trucking
- Sector: Transportation
- Market Cap: US$1.533b
- Shares outstanding: 79.91m
- Website: https://www.heartlandexpress.com
Number of Employees
- Heartland Express, Inc.
- 901 Heartland Way
- North Liberty
- United States
Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada. It primarily provides nationwide asset-based dry van truckload...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 09:46|
|End of Day Share Price||2021/05/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.