Heartland Express Stock Buy Hold or Sell Recommendation
| HTLD Stock | USD 10.77 0.18 1.70% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Heartland Express is 'Strong Hold'. Macroaxis provides Heartland Express buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HTLD positions. The advice algorithm takes into account all of Heartland Express' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Heartland Express' buy or sell advice are summarized below:
Real Value 13.4 | Target Price 15.6 | Hype Value 10.84 | Market Value 10.77 | Naive Value 10.96 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Heartland Express given historical horizon and risk tolerance towards Heartland Express. When Macroaxis issues a 'buy' or 'sell' recommendation for Heartland Express, the advice is generated through an automated system that utilizes algorithms and statistical models.
Heartland |
Execute Heartland Express Buy or Sell Advice
The Heartland recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Heartland Express. Macroaxis does not own or have any residual interests in Heartland Express or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Heartland Express' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Excited | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Heartland Express Trading Alerts and Improvement Suggestions
| Heartland Express generated a negative expected return over the last 90 days | |
| About 57.0% of the company shares are owned by institutional investors | |
| On 5th of April 2024 Heartland Express paid $ 0.02 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Chemovator invests in Detroit-based startup Heartland rethinking plastics using natural fiber reinforcements |
Heartland Express Returns Distribution Density
The distribution of Heartland Express' historical returns is an attempt to chart the uncertainty of Heartland Express' future price movements. The chart of the probability distribution of Heartland Express daily returns describes the distribution of returns around its average expected value. We use Heartland Express price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Heartland Express returns is essential to provide solid investment advice for Heartland Express.
| Mean Return | -0.26 | Value At Risk | -3.1 | Potential Upside | 2.40 | Standard Deviation | 1.83 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Heartland Express historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Heartland Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Heartland Express is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Heartland Express backward and forwards among themselves. Heartland Express' institutional investor refers to the entity that pools money to purchase Heartland Express' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 631 K | Raymond James & Associates | 2023-12-31 | 600.2 K | Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 581.9 K | Northern Trust Corp | 2023-12-31 | 503.8 K | Sei Investments Co | 2023-12-31 | 486.7 K | Amvescap Plc. | 2023-12-31 | 485.4 K | Dean C H & Associates Inc | 2023-12-31 | 443.2 K | Nuveen Asset Management, Llc | 2023-12-31 | 391.9 K | Heartland Advisors Inc | 2023-12-31 | 365.3 K | American Century Companies Inc | 2023-12-31 | 7.6 M | Blackrock Inc | 2023-12-31 | 7.4 M |
Heartland Express Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (86.9M) | 35.1M | 42.6M | (109.3M) | (21.8M) | (20.7M) | |
| Free Cash Flow | (17.4M) | (25.5M) | (9.2M) | 34.1M | (43.3M) | (41.2M) | |
| Depreciation | 100.9M | 110.4M | 104.2M | 133.0M | 199.0M | 209.0M | |
| Other Non Cash Items | (31.3M) | (14.8M) | (37.4M) | (96.5M) | (40.0M) | (38.0M) | |
| Capital Expenditures | 163.8M | 204.3M | 132.6M | 160.6M | 208.6M | 219.0M | |
| Net Income | 73.0M | 70.8M | 79.3M | 133.6M | 14.8M | 14.0M | |
| End Period Cash Flow | 96.1M | 131.1M | 173.8M | 64.5M | 28.5M | 27.0M | |
| Change To Netincome | (24.6M) | (4.6M) | (42.2M) | (93.1M) | (83.8M) | (79.6M) | |
| Dividends Paid | 6.6M | 6.5M | 45.9M | 6.3M | (6.3M) | (6.6M) | |
| Investments | (132.8M) | (111.0M) | (2.6M) | (663.3M) | (123.6M) | (129.8M) | |
| Change Receivables | 6.7M | 1.2M | 2.8M | 20.0M | 23.0M | 24.2M |
Heartland Express Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Heartland Express or Ground Transportation sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Heartland Express' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Heartland stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.35 | |
β | Beta against NYSE Composite | 1.18 | |
σ | Overall volatility | 1.85 | |
Ir | Information ratio | -0.19 |
Heartland Express Volatility Alert
Heartland Express exhibits very low volatility with skewness of -0.01 and kurtosis of 0.26. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Heartland Express' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Heartland Express' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Heartland Express Fundamentals Vs Peers
Comparing Heartland Express' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Heartland Express' direct or indirect competition across all of the common fundamentals between Heartland Express and the related equities. This way, we can detect undervalued stocks with similar characteristics as Heartland Express or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Heartland Express' fundamental indicators could also be used in its relative valuation, which is a method of valuing Heartland Express by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Heartland Express to competition |
| Fundamentals | Heartland Express | Peer Average |
| Return On Equity | -0.0151 | -0.31 |
| Return On Asset | -0.0119 | -0.14 |
| Profit Margin | (0.01) % | (1.27) % |
| Operating Margin | (0.05) % | (5.51) % |
| Current Valuation | 1.11 B | 16.62 B |
| Shares Outstanding | 79.05 M | 571.82 M |
| Shares Owned By Insiders | 44.46 % | 10.09 % |
| Shares Owned By Institutions | 57.27 % | 39.21 % |
| Number Of Shares Shorted | 1.49 M | 4.71 M |
| Price To Earning | 18.73 X | 28.72 X |
| Price To Book | 0.99 X | 9.51 X |
| Price To Sales | 0.71 X | 11.42 X |
| Revenue | 1.21 B | 9.43 B |
| Gross Profit | 326.74 M | 27.38 B |
| EBITDA | 200.34 M | 3.9 B |
| Net Income | 14.78 M | 570.98 M |
| Cash And Equivalents | 171.88 M | 2.7 B |
| Cash Per Share | 2.18 X | 5.01 X |
| Total Debt | 317.44 M | 5.32 B |
| Debt To Equity | 0.09 % | 48.70 % |
| Current Ratio | 2.34 X | 2.16 X |
| Book Value Per Share | 10.74 X | 1.93 K |
| Cash Flow From Operations | 165.27 M | 971.22 M |
| Short Ratio | 4.25 X | 4.00 X |
| Earnings Per Share | (0.16) X | 3.12 X |
| Price To Earnings To Growth | 2.23 X | 4.89 X |
| Target Price | 12.25 | |
| Number Of Employees | 6.04 K | 18.84 K |
| Beta | 0.61 | -0.15 |
| Market Capitalization | 851.38 M | 19.03 B |
| Total Asset | 1.51 B | 29.47 B |
| Retained Earnings | 1.06 B | 9.33 B |
| Working Capital | 45.8 M | 1.48 B |
Note: Acquisition by Ann S. Gerdin Revocable Trust of 93496 shares of Heartland Express at 9.8616 subject to Rule 16b-3 [view details]
Heartland Express Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Heartland . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Heartland Express Buy or Sell Advice
When is the right time to buy or sell Heartland Express? Buying financial instruments such as Heartland Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 71.6M | 156.8M | 123.5M | 62.5M | Other Current Liabilities | 51.1M | 66.9M | 67.1M | 49.1M |
Use Investing Ideas to Build Portfolios
In addition to having Heartland Express in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Chemicals Makers Thematic Idea Now
Chemicals Makers
Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Makers Theme or any other thematic opportunities.
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Check out Heartland Express Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Heartland Stock analysis
When running Heartland Express' price analysis, check to measure Heartland Express' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heartland Express is operating at the current time. Most of Heartland Express' value examination focuses on studying past and present price action to predict the probability of Heartland Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartland Express' price. Additionally, you may evaluate how the addition of Heartland Express to your portfolios can decrease your overall portfolio volatility.
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Is Heartland Express' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heartland Express. If investors know Heartland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heartland Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Dividend Share 0.08 | Earnings Share (0.16) | Revenue Per Share 14.513 | Quarterly Revenue Growth (0.18) |
The market value of Heartland Express is measured differently than its book value, which is the value of Heartland that is recorded on the company's balance sheet. Investors also form their own opinion of Heartland Express' value that differs from its market value or its book value, called intrinsic value, which is Heartland Express' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heartland Express' market value can be influenced by many factors that don't directly affect Heartland Express' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heartland Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartland Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartland Express' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.