Heartland Express Stock Net Income
| HTLD Stock | USD 10.77 0.18 1.70% |
Heartland Express fundamentals help investors to digest information that contributes to Heartland Express' financial success or failures. It also enables traders to predict the movement of Heartland Stock. The fundamental analysis module provides a way to measure Heartland Express' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Heartland Express stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 14.8 M | 14 M | |
| Net Income Applicable To Common Shares | 153.6 M | 161.3 M | |
| Net Income From Continuing Ops | 25.2 M | 23.9 M | |
| Net Income Per Share | 0.19 | 0.18 | |
| Net Income Per E B T | 0.74 | 0.54 |
Heartland | Net Income |
Heartland Express Company Net Income Analysis
Heartland Express' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Heartland Express Net Income | 14.78 M |
Most of Heartland Express' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Heartland Express is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Heartland Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Heartland Express is extremely important. It helps to project a fair market value of Heartland Stock properly, considering its historical fundamentals such as Net Income. Since Heartland Express' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Heartland Express' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Heartland Express' interrelated accounts and indicators.
Heartland Net Income Historical Pattern
Today, most investors in Heartland Express Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Heartland Express' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Heartland Express net income as a starting point in their analysis.
Heartland Express Net Income |
| Timeline |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Heartland Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Heartland Express reported net income of 14.78 M. This is 94.31% lower than that of the Ground Transportation sector and 93.22% lower than that of the Industrials industry. The net income for all United States stocks is 97.41% higher than that of the company.
Heartland Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heartland Express' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Heartland Express could also be used in its relative valuation, which is a method of valuing Heartland Express by comparing valuation metrics of similar companies.Heartland Express is currently under evaluation in net income category among related companies.
Heartland Express Institutional Holders
Institutional Holdings refers to the ownership stake in Heartland Express that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Heartland Express' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Heartland Express' value.| 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 Fundamentals
| Return On Equity | -0.0151 | ||||
| Return On Asset | -0.0119 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | (0.05) % | ||||
| Current Valuation | 1.11 B | ||||
| Shares Outstanding | 79.05 M | ||||
| Shares Owned By Insiders | 44.46 % | ||||
| Shares Owned By Institutions | 57.27 % | ||||
| Number Of Shares Shorted | 1.49 M | ||||
| Price To Earning | 18.73 X | ||||
| Price To Book | 0.99 X | ||||
| Price To Sales | 0.71 X | ||||
| Revenue | 1.21 B | ||||
| Gross Profit | 326.74 M | ||||
| EBITDA | 200.34 M | ||||
| Net Income | 14.78 M | ||||
| Cash And Equivalents | 171.88 M | ||||
| Cash Per Share | 2.18 X | ||||
| Total Debt | 317.44 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 2.34 X | ||||
| Book Value Per Share | 10.74 X | ||||
| Cash Flow From Operations | 165.27 M | ||||
| Short Ratio | 4.25 X | ||||
| Earnings Per Share | (0.16) X | ||||
| Price To Earnings To Growth | 2.23 X | ||||
| Target Price | 12.25 | ||||
| Number Of Employees | 6.04 K | ||||
| Beta | 0.61 | ||||
| Market Capitalization | 851.38 M | ||||
| Total Asset | 1.51 B | ||||
| Retained Earnings | 1.06 B | ||||
| Working Capital | 45.8 M | ||||
| Current Asset | 136.44 M | ||||
| Current Liabilities | 66.17 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.44 % | ||||
| Net Asset | 1.51 B | ||||
| Last Dividend Paid | 0.08 |
About Heartland Express Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Heartland Express's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heartland Express using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heartland Express based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Heartland Express Piotroski F Score and Heartland Express Altman Z Score analysis. For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |
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.