Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Heartland Express, Inc (NASDAQ: HTLD) closed the day trading at $11.40 down -0.61% from the previous closing price of $11.47. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 0.9 million shares were traded. HTLD stock price reached its highest trading level at $11.7 during the session, while it also had its lowest trading level at $11.2.
Ratios:
For a better understanding of HTLD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 69.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on July 09, 2024, Downgraded its rating to Neutral and sets its target price to $13 from $15 previously.
On July 09, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral and also lowered its target price recommendation from $12 to $10.
UBS Upgraded its Neutral to Buy on November 11, 2022, whereas the target price for the stock was revised from $17 to $18.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 18 ’24 when Ann S. Gerdin Revocable Trust bought 49,506 shares for $12.24 per share. The transaction valued at 606,087 led to the insider holds 898,584 shares of the business.
GERDIN MICHAEL J bought 1,683 shares of HTLD for $20,179 on Nov 12 ’24. The Chief Executive Officer now owns 1,313,596 shares after completing the transaction at $11.99 per share. On Nov 08 ’24, another insider, GERDIN MICHAEL J, who serves as the Chief Executive Officer of the company, bought 35,960 shares for $11.97 each. As a result, the insider paid 430,578 and bolstered with 1,311,913 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HTLD now has a Market Capitalization of 894863488 and an Enterprise Value of 1112683776. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 1.03 whereas that against EBITDA is 7.347.
Stock Price History:
The Beta on a monthly basis for HTLD is 0.76, which has changed by -0.112915695 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, HTLD has reached a high of $13.67, while it has fallen to a 52-week low of $9.63. The 50-Day Moving Average of the stock is -2.42%, while the 200-Day Moving Average is calculated to be -2.83%.
Shares Statistics:
Over the past 3-months, HTLD traded about 409.76K shares per day on average, while over the past 10 days, HTLD traded about 434690 shares per day. A total of 78.52M shares are outstanding, with a floating share count of 44.06M. Insiders hold about 43.87% of the company’s shares, while institutions hold 51.33% stake in the company. Shares short for HTLD as of 1735603200 were 1377780 with a Short Ratio of 2.79, compared to 1732838400 on 1337121. Therefore, it implies a Short% of Shares Outstanding of 1377780 and a Short% of Float of 3.54.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.53. The current Payout Ratio is 42.83% for HTLD, which recently paid a dividend on 2024-12-27 with an ex-dividend date of 1735257600. Stock splits for the company last occurred on 2006-05-16 when the company split stock in a 4:3 ratio.
