NasdaqGS:HTLD

Stock Analysis Report

Executive Summary

Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Heartland Express's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.6%

NasdaqGS:HTLD

-0.6%

US Transportation

0.9%

US Market


1 Year Return

-1.6%

NasdaqGS:HTLD

-0.5%

US Transportation

0.3%

US Market

HTLD underperformed the Transportation industry which returned -0.5% over the past year.

HTLD underperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

HTLDIndustryMarket
7 Day1.6%-0.6%0.9%
30 Day0.7%-8.5%-1.9%
90 Day5.0%-8.3%1.6%
1 Year-1.2%-1.6%1.1%-0.5%2.6%0.3%
3 Year2.5%1.3%73.1%64.9%41.0%31.8%
5 Year-12.9%-14.6%71.6%57.0%55.2%38.0%

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

Valuation

Is Heartland Express undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Heartland Express's share price is below the future cash flow value, and at a moderate discount (> 20%).

Heartland Express's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Heartland Express is overvalued based on earnings compared to the US Transportation industry average.

Heartland Express is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Heartland Express earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Heartland Express is overvalued based on assets compared to the US Transportation industry average.


Next Steps

Future Growth

How is Heartland Express expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

-3.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Heartland Express's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Heartland Express's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Heartland Express's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Heartland Express's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Heartland Express's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Heartland Express is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Heartland Express performed over the past 5 years?

-1.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Heartland Express's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Heartland Express's 1-year earnings growth exceeds its 5-year average (4.5% vs -1.2%)

Heartland Express's earnings growth has exceeded the US Transportation industry average in the past year (4.5% vs -37.9%).


Return on Equity

Heartland Express has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Heartland Express used its assets more efficiently than the US Transportation industry average last year based on Return on Assets.


Return on Capital Employed

Heartland Express's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Heartland Express's financial position?


Financial Position Analysis

Heartland Express is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Heartland Express's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Heartland Express has no debt.

Heartland Express has no debt compared to 5 years ago when it was 9.8%.

Heartland Express has no debt, it does not need to be covered by operating cash flow.

Heartland Express has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Heartland Express has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Heartland Express's current dividend yield, its reliability and sustainability?

0.42%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Heartland Express's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.48%).

Heartland Express's dividend is below the markets top 25% of dividend payers in United States of America (3.83%).

Heartland Express is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

Heartland Express is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Heartland Express's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

No need to calculate the sustainability of Heartland Express's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Heartland Express's salary, the management and board of directors tenure and is there insider trading?

4.0yrs

Average management tenure


CEO

Mike Gerdin (49yo)

7.9yrs

Tenure

US$705,892

Compensation

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

Mike's remuneration is lower than average for companies of similar size in United States of America.

Mike's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.0yrs

Average Tenure

48.5yo

Average Age

The tenure for the Heartland Express management team is about average.


Board Age and Tenure

7.8yrs

Average Tenure

71yo

Average Age

The tenure for the Heartland Express board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$30,89818 Mar 19
Kent Rigdon
EntityIndividual
Role
Head of Sales
Vice President of Sales
Shares1,538
Max PriceUS$20.09
BuyUS$18,36524 Oct 18
Michael Sullivan
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$18.37
SellUS$92,31217 Sep 18
Larry Gordon
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,390
Max PriceUS$21.03
SellUS$610,18314 Sep 18
Larry Gordon
EntityIndividual
Role
Member of the Board of Directors
Director
Shares29,054
Max PriceUS$21.00

Ownership Breakdown


Management Team

  • Mike Gerdin (49yo)

    Chairman of the Board

    • Tenure: 7.9yrs
    • Compensation: US$705.89k
  • Todd Trimble (48yo)

    Vice President of Midwestern Operations

    • Tenure: 2.8yrs
    • Compensation: US$162.13k
  • Christopher Strain (44yo)

    VP of Finance

    • Tenure: 1.8yrs
    • Compensation: US$238.29k
  • Kent Rigdon (55yo)

    Vice President of Sales

    • Tenure: 5.3yrs
    • Compensation: US$267.34k

Board Members

  • Benjamin Allen (72yo)

    Independent Director

    • Tenure: 24.6yrs
    • Compensation: US$56.27k
  • Mike Gerdin (49yo)

    Chairman of the Board

    • Tenure: 7.9yrs
    • Compensation: US$705.89k
  • Larry Gordon (76yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: US$44.59k
  • Jim Pratt (71yo)

    Independent Director

    • Tenure: 13.2yrs
    • Compensation: US$60.50k
  • Tahira Hira (75yo)

    Director

    • Tenure: 7.8yrs
    • Compensation: US$55.87k
  • Brenda Neville (56yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: US$46.50k
  • Michael Sullivan (66yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$30.47k

Company Information

Heartland Express, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Heartland Express, Inc.
  • Ticker: HTLD
  • Exchange: NasdaqGS
  • Founded: 1978
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$1.644b
  • Shares outstanding: 81.98m
  • Website: https://www.heartlandexpress.com

Number of Employees


Location

  • Heartland Express, Inc.
  • 901 North Kansas Avenue
  • North Liberty
  • Iowa
  • 52317
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HTLDNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 1986
HLXDB (Deutsche Boerse AG)YesCommon StockDEEURNov 1986

Biography

Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada. The company primarily provides nationwide asset-based dry van  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 23:38
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.