Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $10.97 in the prior trading day, Heartland Express, Inc (NASDAQ: HTLD) closed at $10.57, down -3.65%. In other words, the price has decreased by -$3.65 from its previous closing price. On the day, 0.65 million shares were traded.
Ratios:
Our goal is to gain a better understanding of HTLD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 63.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.85. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 1.01.
Stock Price History:
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 -7.06%, while the 200-Day Moving Average is calculated to be -10.43%.
Shares Statistics:
A total of 78.52M shares are outstanding, with a floating share count of 44.13M. Insiders hold about 43.82% of the company’s shares, while institutions hold 50.96% stake in the company.
