HTLD - Heartland Express Inc Stock Price, Fair Value and News

11.46USD-0.07 (-0.61%)Delayed

Market Summary

USD11.46-0.07

Delayed

-0.61%

HTLD Alerts

3 major insider buys recently.

Big fall in Revenue (Y/Y)
Big fall in earnings (Y/Y)
Losses in recent quarter

HTLD Stock Price

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HTLD RSI Chart

HTLD Valuation

Market Cap

905.9M

Price/Earnings (Trailing)

-69.98

Price/Sales (Trailing)

0.79

EV/EBITDA

5.51

Price/Free Cashflow

-21.91

HTLD Price/Sales (Trailing)

HTLD Profitability

EBT Margin

-1.46%

Return on Equity

-1.53%

Return on Assets

-0.89%

Free Cashflow Yield

-4.56%

HTLD Fundamentals

HTLD Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

-18.31%

Rev. Growth (Qtr)

-1.83%

HTLD Earnings

Earnings (TTM)

-12.9M

Earnings Growth (Yr)

-219.79%

Earnings Growth (Qtr)

-396.53%

Breaking Down HTLD Revenue

Last 7 days

-0.2%

Last 30 days

10.8%

Last 90 days

-8.2%

Trailing 12 Months

-25.3%

How does HTLD drawdown profile look like?

HTLD Financial Health

Current Ratio

1.26

Debt/Equity

0.3

Debt/Cashflow

0.51

HTLD Investor Care

Dividend Yield

0.7%

Dividend/Share (TTM)

0.08

Shares Dilution (1Y)

0.08%

Diluted EPS (TTM)

-0.16

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.1B	0	0	0
2023	1.1B	1.3B	1.3B	1.2B
2022	606.2M	639.9M	761.2M	968.0M
2021	631.4M	624.6M	614.9M	607.3M
2020	623.6M	642.4M	656.7M	645.3M
2019	593.6M	580.0M	576.6M	596.8M
2018	634.1M	660.3M	629.5M	610.8M
2017	580.1M	548.9M	581.7M	607.3M
2016	711.6M	680.7M	647.5M	612.9M
2015	834.4M	799.3M	764.7M	736.3M
2014	672.5M	765.3M	851.7M	871.4M
2013	545.2M	539.5M	535.1M	582.3M
2012	535.8M	538.3M	540.8M	545.7M
2011	511.6M	521.4M	526.7M	528.6M
2010	460.2M	470.6M	484.5M	499.5M
2009	0	570.2M	514.9M	459.5M
2008	0	0	0	625.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Heartland Express Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	gerdin michael j	bought	1,010,780	10.8109	93,496	chief executive officer
May 03, 2024	ann s. gerdin revocable trust	bought	86,899	10.7429	8,089	-
May 01, 2024	gerdin michael j	bought	144,531	10.2439	14,109	chief executive officer
Apr 30, 2024	gerdin michael j	bought	927,536	9.9206	93,496	chief executive officer
Apr 30, 2024	ann s. gerdin revocable trust	bought	922,020	9.8616	93,496	-
Apr 29, 2024	gerdin michael j	bought	310,989	9.9676	31,200	chief executive officer
Apr 29, 2024	ann s. gerdin revocable trust	bought	946,095	10.1191	93,496	-
Apr 26, 2024	sullivan michael john	bought	21,059	10.5299	2,000	-
Apr 26, 2024	ann s. gerdin revocable trust	bought	920,178	10.4447	88,100	-
Apr 26, 2024	gerdin michael j	bought	689,964	10.454	66,000	chief executive officer

Which funds bought or sold HTLD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	new	-	250,227	250,227	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.1	-146,076	565,084	-%
May 16, 2024	COMERICA BANK	reduced	-5.96	-64,507	238,931	-%
May 15, 2024	AMERIPRISE FINANCIAL INC	reduced	-5.11	-657,951	2,544,590	-%
May 15, 2024	325 CAPITAL LLC	unchanged	-	-1,214,300	6,249,440	2.89%
May 15, 2024	MORGAN STANLEY	reduced	-1.39	-1,834,250	8,689,590	-%
May 15, 2024	MARSHALL WACE, LLP	new	-	934,329	934,329	-%
May 15, 2024	JACOBS LEVY EQUITY MANAGEMENT, INC	added	8.53	-48,511	483,045	-%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	sold off	-100	-408,000	-	-%
May 15, 2024	Royal Bank of Canada	reduced	-66.25	-221,000	88,000	-%

Are Funds Buying or Selling HTLD?

Are funds buying HTLD calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HTLD

No. of Funds

Unveiling Heartland Express Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	gerdin ann s	24.1%	19,028,703	SC 13G/A
Feb 13, 2024	vanguard group inc	6.58%	5,199,731	SC 13G/A
Feb 12, 2024	american century investment management inc	6.30%	4,977,822	SC 13G/A
Jan 24, 2024	blackrock inc.	9.3%	7,359,400	SC 13G/A
Nov 24, 2023	gerdin michael j	39.6%	31,257,930	SC 13D/A
Feb 14, 2023	2009 gerdin heartland trust, uta july 15, 2009	5.4%	4,283,975	SC 13G/A
Feb 14, 2023	gerdin ann s	18.8%	14,857,711	SC 13G/A
Feb 09, 2023	vanguard group inc	6.66%	5,260,842	SC 13G/A
Feb 08, 2023	american century investment management inc	6.94%	5,477,509	SC 13G/A
Jan 24, 2023	blackrock inc.	9.9%	7,841,585	SC 13G/A

Recent SEC filings of Heartland Express Inc

View All Filings

Date Filed	Form Type	Document
May 16, 2024	4	Insider Trading
May 16, 2024	4	Insider Trading
May 14, 2024	8-K	Current Report
May 10, 2024	10-Q	Quarterly Report
May 07, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	8-K	Current Report

Peers (Alternatives to Heartland Express Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
FDX	63.3B	87.5B	-2.21%	11.64%	14.4	0.72	-5.51%	46.89%
GWW	46.4B	16.6B	-0.47%	39.19%	25.37	2.79	6.06%	9.62%
FAST	38.0B	7.4B	-2.99%	20.26%	32.85	5.15	3.46%	4.06%
JBHT	17.0B	12.5B	-2.04%	-3.51%	25.84	1.36	-13.82%	-28.77%
EXPD	16.7B	8.9B	3.13%	2.83%	23.93	1.87	-40.57%	-43.75%
MID-CAP
CHRW	9.8B	17.4B	22.22%	-17.13%	32.49	0.57	-22.65%	-61.39%
KNX	7.9B	7.3B	1.26%	-10.96%	72.05	1.08	1.23%	-83.48%
AIT	7.6B	4.5B	6.84%	51.37%	20.31	1.7	3.72%	12.24%
BECN	6.1B	9.3B	3.20%	46.41%	14.71	0.66	9.73%	-2.71%
ARCB	2.7B	4.4B	-18.73%	30.53%	21.88	0.61	-10.46%	-59.38%
SMALL-CAP
BXC	873.9M	3.1B	-8.28%	16.64%	18.12	0.29	-22.33%	-73.30%
CYRX	624.1M	225.0M	-24.54%	-36.43%	-5.43	2.77	-9.19%	-264.75%
CVLG	607.8M	1.1B	6.29%	18.92%	14.28	0.54	-6.43%	-58.73%
DSKE	391.3M	1.6B	-0.12%	0.61%	-22.11	0.25	-11.50%	-135.26%
AIRT	64.9M	220.4M	2.77%	-16.00%	-5.97	0.29	16.77%	-270.60%

Heartland Express Inc News

Latest updates

Heartland Express Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.8%	270	275	295	306	331	355	274	188	151	148	153	154	152	156	162	161	166	167	148	142	140
Costs and Expenses	7.6%	285	265	302	290	308	329	239	83.00	129	122	119	127	134	132	135	136	149	150	121	113	119
Operating Expenses	-	16.00	-	17.00	16.00	15.00	-	12.00	6.00	5.00	-	5.00	6.00	6.00	-	7.00	8.00	7.00	-	6.00	6.00	6.00
EBITDA Margin	-11.8%	0.18*	0.20*	0.20*	0.22*	0.30*	0.33*	0.39*	0.45*	0.35*	0.35*	0.34*	0.33*	-	-	-	-	-	-	-	-	-
Interest Expenses	-10.6%	5.00	6.00	6.00	6.00	6.00	6.00	2.00	0.00	-	-	-	-	-	-	-	-	-	1.00	0.00	-	-
Income Taxes	-20441.5%	-4.21	-0.02	-2.53	3.00	5.00	5.00	9.00	28.00	6.00	6.00	9.00	7.00	5.00	6.00	7.00	6.00	4.00	5.00	7.00	8.00	5.00
Earnings Before Taxes	-480.7%	-19.32	5.00	-13.23	11.00	17.00	20.00	33.00	105	23.00	27.00	33.00	28.00	18.00	24.00	28.00	25.00	18.00	18.00	27.00	30.00	22.00
EBT Margin	-188.9%	-0.01*	0.02*	0.03*	0.06*	0.15*	0.19*	0.25*	0.29*	0.18*	0.17*	0.17*	0.16*	-	-	-	-	-	-	-	-	-
Net Income	-396.5%	-15.11	5.00	-10.70	8.00	13.00	15.00	24.00	77.00	17.00	20.00	24.00	21.00	14.00	18.00	21.00	19.00	13.00	13.00	21.00	22.00	17.00
Net Income Margin	-192.2%	-0.01*	0.01*	0.02*	0.05*	0.11*	0.14*	0.18*	0.22*	0.14*	0.13*	0.12*	0.12*	-	-	-	-	-	-	-	-	-
Free Cashflow	189.4%	26.00	9.00	-41.65	-35.05	24.00	13.00	13.00	-7.62	16.00	-11.70	-12.71	-10.49	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-3.8%	1,452	1,510	1,576	1,597	1,613	1,669	1,702	1,113	947	929	958	957	949	951	960	930	913	899	949	860	833
Current Assets	-5.4%	160	169	182	199	212	230	266	296	268	233	259	248	227	193	174	170	149	152	198	280	253
Cash Equivalents	33.0%	37.00	28.00	20.00	46.00	56.00	49.00	65.00	172	187	158	180	167	148	131	82.00	82.00	64.00	96.00	112	206	176
Net PPE	-5.0%	841	885	926	927	938	973	968	511	472	488	491	500	513	539	570	543	546	526	534	411	410
Goodwill	0%	323	323	323	321	321	321	317	209	168	168	168	168	168	168	168	168	168	168	165	132	132
Current Liabilities	3.2%	127	123	142	148	147	157	160	126	78.00	72.00	117	77.00	84.00	71.00	84.00	72.00	72.00	63.00	87.00	77.00	74.00
Long Term Debt	-12.4%	255	291	335	336	353	399	447	9.00	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Current	-3.4%	9.00	9.00	9.00	13.00	13.00	14.00	18.00	2.00	-	-	-	-	-	-	-	-	-	-	14.00	-	-
LT Debt, Non Current	-100.0%	-	291	335	336	353	399	447	9.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-1.9%	849	865	861	873	867	855	841	818	743	727	709	742	722	724	722	703	685	685	673	653	632
Retained Earnings	-1.6%	1,043	1,060	1,057	1,069	1,063	1,052	1,038	1,015	940	924	906	922	903	891	875	856	838	827	816	797	776
Additional Paid-In Capital	-0.2%	5.00	5.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	5.00	4.00	4.00	4.00	5.00	4.00	4.00	4.00	4.00	3.00
Accumulated Depreciation	9.3%	475	435	404	365	342	309	266	239	234	223	234	245	247	240	251	254	239	213	204	215	212
Shares Outstanding	0.0%	79.00	79.00	79.00	79.00	79.00	79.00	79.00	79.00	79.00	80.00	80.00	80.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	800	-	-	-	600	-	-	-	800	-	-	-	900	-	-	-	800	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-24.1%	30,976	40,816	27,195	30,814	66,442	82,163	54,042	20,915	37,593	27,724	32,919	27,343	35,432	45,863	49,229	43,701	40,057	36,993	37,703	35,907	35,769
Share Based Compensation	-56.6%	300	692	535	241	152	895	161	72.00	271	191	159	219	581	583	152	421	936	495	291	995	284
Cashflow From Investing	-86.0%	1,952	13,952	-48,059	-20,959	-12,801	-41,806	-578,652	-34,420	-8,381	-7,674	-3,244	-7,209	15,480	1,231	-48,391	-24,256	-39,632	-16,456	-88,611	-7,272	-20,452
Cashflow From Financing	22.6%	-36,723	-47,429	-6,752	-19,143	-47,366	-55,659	417,674	-2,717	-41.00	-43,334	-16,480	-1,613	-16,717	-15,145	-1,772	-1,676	-14,145	-55,219	-43,263	-214	-1,747
Dividend Payments	-100.0%	-	3,161	1,580	-	-	3,161	1,578	1,579	-	42,674	-	1,599	1,599	1,618	1,628	1,628	1,628	1,641	3,282	-	1,640
Buy Backs	-	-	-	-	-	-	-	-	-	-	603	16,400	-	15,022	13,376	-	-	12,278	-	-	-	-

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HTLD Income Statement

2024-03-31

Consolidated Statements of Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Operating Revenue	$ 270,320	$ 330,916
Operating Expenses
Salaries, wages, and benefits	112,697	123,333
Rent and purchased transportation	23,863	33,144
Fuel	47,321	57,528
Operations and maintenance	16,264	15,026
Operating taxes and licenses	5,315	5,543
Insurance and claims	14,584	11,002
Communications and utilities	2,440	2,876
Depreciation and amortization	46,504	48,469
Other operating expenses	15,626	17,891
Loss (gain) on disposal of property and equipment	89	(6,786)
Total operating expenses	284,703	308,026
Operating (loss) income	(14,383)	22,890
Interest income	366	484
Interest Expense	(5,302)	(6,075)
(Loss) income before income taxes	(19,319)	17,299
Federal and state income taxes	(4,211)	4,687
Net (loss) income	(15,108)	12,612
Other comprehensive income, net of tax	0	0
Comprehensive (loss) income	$ (15,108)	$ 12,612
Net (loss) income per share
Basic	$ (0.19)	$ 0.16
Diluted	$ (0.19)	$ 0.16
Weighted average shares outstanding
Basic	79,044	78,987
Diluted	79,122	79,022
Dividends declared per share	$ 0.02	$ 0.02

HTLD Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 23,823	$ 28,123
Trade receivables, net of $2.8 and $2.7 million allowance in 2024 and 2023, respectively	107,932	102,740
Prepaid tires	9,417	10,650
Other current assets	13,842	17,602
Income tax receivable	5,128	10,157
Total current assets	160,142	169,272
PROPERTY AND EQUIPMENT
Land and land improvements	118,690	118,682
Buildings	149,788	149,780
Furniture and fixtures	6,835	6,835
Shop and service equipment	20,815	20,822
Revenue equipment	1,016,102	1,021,208
Construction in progress	4,161	2,582
Property and equipment, gross	1,316,391	1,319,909
Less accumulated depreciation	474,940	434,558
Property and equipment, net	841,451	885,351
Goodwill	322,597	322,597
OTHER INTANGIBLES, NET	97,283	98,537
OTHER ASSETS	15,467	14,953
Deferred Income Taxes, Net	1,401	1,494
OPERATING LEASE RIGHT OF USE ASSETS	14,144	17,442
Assets	1,452,485	1,509,646
CURRENT LIABILITIES
Accounts payable and accrued liabilities	35,704	37,777
Compensation and benefits	29,739	28,492
Insurance accruals	24,153	21,507
Long-term debt and finance lease liabilities - current portion	8,986	9,303
Operating lease liabilities - current portion	7,740	9,259
Other accruals	21,146	17,138
Total current liabilities	127,468	123,476
LONG-TERM LIABILITIES
Income taxes payable	6,238	6,270
Long-term debt and finance lease liabilities less current portion	254,616	290,696
Operating lease liabilities less current portion	6,404	8,183
Deferred income taxes, net	179,850	189,121
Insurance accruals	29,119	26,640
Total long-term liabilities	476,227	520,910
COMMITMENTS AND CONTINGENCIES (Note 14)
STOCKHOLDERS' EQUITY
Preferred stock, par value $.01; authorized 5,000 shares; none issued	0	0
Capital stock, common, $.01 par value; authorized 395,000 shares; issued 90,689 in 2024 and 2023; outstanding 79,051 and 79,039 in 2024 and 2023, respectively	907	907
Additional paid-in capital	4,518	4,527
Retained earnings	1,043,404	1,060,094
Treasury stock, at cost; 11,638 and 11,650 shares in 2024 and 2023, respectively	(200,039)	(200,268)
Stockholders' Equity	848,790	865,260
Liabilities and Stockholders' Equity	$ 1,452,485	$ 1,509,646

About Heartland Express Inc

Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium, and long haul truckload carrier in the United States and Canada. It primarily provides nationwide asset-based dry van truckload service for shippers; cross-border freight and other transportation services; and temperature-controlled truckload services. The company offers its services under the Heartland Express and Millis Transfer brand names. It primarily serves retailers and manufacturers in consumer goods, appliances, food products, and automotive industries. Heartland Express, Inc. was founded in 1978 and is headquartered in North Liberty, Iowa.

CEO	Mr. Michael J. Gerdin
WEBSITE	heartlandexpress.com
INDUSTRY	Integrated Freight & Logistics
EMPLOYEES	6500

Heartland Express Inc Frequently Asked Questions

What is the ticker symbol for Heartland Express Inc? What does HTLD stand for in stocks?

HTLD is the stock ticker symbol of Heartland Express Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Heartland Express Inc (HTLD)?

As of Fri May 17 2024, market cap of Heartland Express Inc is 905.93 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HTLD stock?

You can check HTLD's fair value in chart for subscribers.

What is the fair value of HTLD stock?

You can check HTLD's fair value in chart for subscribers. The fair value of Heartland Express Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Heartland Express Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HTLD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Heartland Express Inc a good stock to buy?

The fair value guage provides a quick view whether HTLD is over valued or under valued. Whether Heartland Express Inc is cheap or expensive depends on the assumptions which impact Heartland Express Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HTLD.

What is Heartland Express Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, HTLD's PE ratio (Price to Earnings) is -69.98 and Price to Sales (PS) ratio is 0.79. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HTLD PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Heartland Express Inc's stock?

In the past 10 years, Heartland Express Inc has provided -0.051 (multiply by 100 for percentage) rate of return.