Heartland Express Net Worth
Heartland Express Net Worth Breakdown | HTLD |
Heartland Express Net Worth Analysis
Heartland Express' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Heartland Express' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Heartland Express' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Heartland Express' net worth analysis. One common approach is to calculate Heartland Express' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Heartland Express' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Heartland Express' net worth. This approach calculates the present value of Heartland Express' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Heartland Express' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Heartland Express' net worth. This involves comparing Heartland Express' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Heartland Express' net worth relative to its peers.
Enterprise Value |
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To determine if Heartland Express is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Heartland Express' net worth research are outlined below:
| The company reported the previous year's revenue of 1.05 B. Net Loss for the year was (29.72 M) with profit before overhead, payroll, taxes, and interest of 268.95 M. | |
| About 51.0% of the company shares are held by company insiders | |
| Latest headline from kalkinemedia.com: Americas Heartland Under Threat 175-Year-Old NJ Family Farm Faces Eminent Domain SeizureAnd Theyre Not Alone |
Heartland Express Quarterly Good Will |
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Heartland Express uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Heartland Express. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Heartland Express' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 2nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 2nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Heartland Express Target Price Consensus
Heartland target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Heartland Express' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 5 | Hold |
Most Heartland analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Heartland stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Heartland Express, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationHeartland Express Target Price Projection
Heartland Express' current and average target prices are 8.46 and 9.62, respectively. The current price of Heartland Express is the price at which Heartland Express is currently trading. On the other hand, Heartland Express' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Heartland Express Market Quote on 22nd of July 2025
Target Price
Analyst Consensus On Heartland Express Target Price
Know Heartland Express' Top 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 originate 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 | Two Sigma Advisers, Llc | 2025-03-31 | 645 K | Gate City Capital Management, Llc | 2025-03-31 | 602.2 K | Bridgeway Capital Management, Llc | 2025-03-31 | 588.4 K | Hotchkis & Wiley Capital Management Llc | 2025-03-31 | 585.3 K | Amvescap Plc. | 2025-03-31 | 551.7 K | Two Sigma Investments Llc | 2025-03-31 | 540.4 K | Morgan Stanley - Brokerage Accounts | 2025-03-31 | 540.4 K | Jacobs Levy Equity Management, Inc. | 2025-03-31 | 525.5 K | Northern Trust Corp | 2025-03-31 | 477.1 K | Blackrock Inc | 2025-03-31 | 6.8 M | Vanguard Group Inc | 2025-03-31 | 4.9 M |
Follow Heartland Express' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 664.56 M.Market Cap |
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Project Heartland Express' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.04) | (0.03) |
When accessing Heartland Express' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Heartland Express' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Heartland Express' profitability and make more informed investment decisions.
Please note, the presentation of Heartland Express' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Heartland Express' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Heartland Express' management manipulating its earnings.
Evaluate Heartland Express' management efficiency
Heartland Express has return on total asset (ROA) of (0.0135) % which means that it has lost $0.0135 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0344) %, meaning that it created substantial loss on money invested by shareholders. Heartland Express' management efficiency ratios could be used to measure how well Heartland Express manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.03. In addition to that, Return On Capital Employed is expected to decline to -0.02. At present, Heartland Express' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 168.4 M, whereas Other Assets are projected to grow to (16.8 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 10.45 | 10.97 | |
| Tangible Book Value Per Share | 5.16 | 5.42 | |
| Enterprise Value Over EBITDA | 6.64 | 6.98 | |
| Price Book Value Ratio | 1.07 | 1.02 | |
| Enterprise Value Multiple | 6.64 | 6.98 | |
| Price Fair Value | 1.07 | 1.02 | |
| Enterprise Value | 1.3 B | 1.4 B |
The decision-making processes within Heartland Express are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Enterprise Value Revenue 0.8391 | Revenue | Quarterly Revenue Growth (0.19) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Heartland Express insiders, such as employees or executives, is commonly permitted as long as it does not rely on Heartland Express' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Heartland Express insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Heartland Express Corporate Filings
F4 | 3rd of July 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 17th of June 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 12th of May 3025 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 28th of March 2025 Other Reports | ViewVerify |
Heartland Express Earnings Estimation Breakdown
The calculation of Heartland Express' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Heartland Express is estimated to be -0.0534 with the future projection ranging from a low of -0.1133 to a high of -0.02. Please be aware that this consensus of annual earnings estimates for Heartland Express is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
-0.11 Lowest | Expected EPS | -0.02 Highest |
Heartland Express Earnings Projection Consensus
Suppose the current estimates of Heartland Express' value are higher than the current market price of the Heartland Express stock. In this case, investors may conclude that Heartland Express is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Heartland Express' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2025 | Current EPS (TTM) | |
| 5 | 45.78% | -0.18 | -0.0534 | -0.37 |
Heartland Express Earnings per Share Projection vs Actual
Actual Earning per Share of Heartland Express refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Heartland Express predict the company's earnings will be in the future. The higher the earnings per share of Heartland Express, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Heartland Express Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Heartland Express, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Heartland Express should always be considered in relation to other companies to make a more educated investment decision.Heartland Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Heartland Express' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
null | null | null | null | null | 0 | ||
2025-04-21 | 2025-03-31 | -0.0955 | -0.18 | -0.0845 | 88 | ||
2025-01-29 | 2024-12-31 | -0.0422 | -0.02 | 0.0222 | 52 | ||
2024-10-29 | 2024-09-30 | -0.01 | -0.04 | -0.03 | 300 | ||
2024-07-23 | 2024-06-30 | -0.06 | -0.04 | 0.02 | 33 | ||
2024-04-23 | 2024-03-31 | -0.12 | -0.19 | -0.07 | 58 | ||
2024-01-31 | 2023-12-31 | -0.08 | 0.06 | 0.14 | 175 | ||
2023-10-26 | 2023-09-30 | 0.08 | -0.12 | -0.2 | 250 | ||
2023-07-31 | 2023-06-30 | 0.17 | 0.11 | -0.06 | 35 | ||
2023-05-08 | 2023-03-31 | 0.16 | 0.17 | 0.01 | 6 | ||
2023-02-03 | 2022-12-31 | 0.29 | 0.21 | -0.08 | 27 | ||
2022-11-02 | 2022-09-30 | 0.31 | 0.33 | 0.02 | 6 | ||
2022-07-25 | 2022-06-30 | 0.33 | 0.29 | -0.04 | 12 | ||
2022-04-21 | 2022-03-31 | 0.19 | 0.21 | 0.02 | 10 | ||
2022-01-20 | 2021-12-31 | 0.26 | 0.26 | 0.0 | 0 | ||
2021-10-14 | 2021-09-30 | 0.3 | 0.31 | 0.01 | 3 | ||
2021-07-19 | 2021-06-30 | 0.26 | 0.26 | 0.0 | 0 | ||
2021-04-21 | 2021-03-31 | 0.18 | 0.17 | -0.01 | 5 | ||
2021-01-19 | 2020-12-31 | 0.22 | 0.22 | 0.0 | 0 | ||
2020-10-16 | 2020-09-30 | 0.25 | 0.25 | 0.0 | 0 | ||
2020-07-16 | 2020-06-30 | 0.14 | 0.24 | 0.1 | 71 | ||
2020-04-21 | 2020-03-31 | 0.13 | 0.16 | 0.03 | 23 | ||
2020-01-23 | 2019-12-31 | 0.23 | 0.16 | -0.07 | 30 | ||
2019-10-30 | 2019-09-30 | 0.25 | 0.25 | 0.0 | 0 | ||
2019-07-18 | 2019-06-30 | 0.25 | 0.27 | 0.02 | 8 | ||
2019-04-18 | 2019-03-31 | 0.2 | 0.21 | 0.01 | 5 | ||
2019-01-22 | 2018-12-31 | 0.23 | 0.27 | 0.04 | 17 | ||
2018-10-17 | 2018-09-30 | 0.21 | 0.23 | 0.02 | 9 | ||
2018-07-19 | 2018-06-30 | 0.18 | 0.22 | 0.04 | 22 | ||
2018-04-25 | 2018-03-31 | 0.12 | 0.16 | 0.04 | 33 | ||
2018-02-12 | 2017-12-31 | 0.1 | 0.07 | -0.03 | 30 | ||
2017-10-27 | 2017-09-30 | 0.17 | 0.09 | -0.08 | 47 | ||
2017-08-02 | 2017-06-30 | 0.19 | 0.18 | -0.01 | 5 | ||
2017-04-21 | 2017-03-31 | 0.15 | 0.17 | 0.02 | 13 | ||
2017-01-26 | 2016-12-31 | 0.15 | 0.16 | 0.01 | 6 | ||
2016-10-20 | 2016-09-30 | 0.16 | 0.15 | -0.01 | 6 | ||
2016-07-28 | 2016-06-30 | 0.2 | 0.2 | 0.0 | 0 | ||
2016-04-26 | 2016-03-31 | 0.16 | 0.17 | 0.01 | 6 | ||
2016-01-26 | 2015-12-31 | 0.2 | 0.2 | 0.0 | 0 | ||
2015-10-27 | 2015-09-30 | 0.25 | 0.17 | -0.08 | 32 | ||
2015-07-28 | 2015-06-30 | 0.26 | 0.27 | 0.01 | 3 | ||
2015-04-22 | 2015-03-31 | 0.22 | 0.2 | -0.02 | 9 | ||
2015-02-03 | 2014-12-31 | 0.26 | 0.25 | -0.01 | 3 | ||
2014-10-24 | 2014-09-30 | 0.28 | 0.26 | -0.02 | 7 | ||
2014-07-22 | 2014-06-30 | 0.25 | 0.3 | 0.05 | 20 | ||
2014-04-23 | 2014-03-31 | 0.2 | 0.16 | -0.04 | 20 | ||
2014-02-04 | 2013-12-31 | 0.21 | 0.18 | -0.03 | 14 | ||
2013-10-16 | 2013-09-30 | 0.19 | 0.19 | 0.0 | 0 | ||
2013-07-19 | 2013-06-30 | 0.21 | 0.23 | 0.02 | 9 | ||
2013-04-16 | 2013-03-31 | 0.19 | 0.23 | 0.04 | 21 | ||
2013-01-23 | 2012-12-31 | 0.16 | 0.17 | 0.01 | 6 | ||
2012-10-11 | 2012-09-30 | 0.18 | 0.14 | -0.04 | 22 | ||
2012-07-19 | 2012-06-30 | 0.21 | 0.21 | 0.0 | 0 | ||
2012-04-17 | 2012-03-31 | 0.17 | 0.19 | 0.02 | 11 | ||
2012-01-20 | 2011-12-31 | 0.18 | 0.2 | 0.02 | 11 | ||
2011-10-25 | 2011-09-30 | 0.21 | 0.17 | -0.04 | 19 | ||
2011-07-19 | 2011-06-30 | 0.21 | 0.25 | 0.04 | 19 | ||
2011-04-20 | 2011-03-31 | 0.15 | 0.16 | 0.01 | 6 | ||
2011-01-20 | 2010-12-31 | 0.17 | 0.17 | 0.0 | 0 | ||
2010-10-20 | 2010-09-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2010-07-19 | 2010-06-30 | 0.16 | 0.18 | 0.02 | 12 | ||
2010-04-19 | 2010-03-31 | 0.12 | 0.13 | 0.01 | 8 | ||
2010-01-27 | 2009-12-31 | 0.15 | 0.12 | -0.03 | 20 | ||
2009-10-20 | 2009-09-30 | 0.16 | 0.16 | 0.0 | 0 | ||
2009-07-14 | 2009-06-30 | 0.16 | 0.19 | 0.03 | 18 | ||
2009-04-15 | 2009-03-31 | 0.12 | 0.15 | 0.03 | 25 | ||
2009-01-22 | 2008-12-31 | 0.17 | 0.2 | 0.03 | 17 | ||
2008-10-20 | 2008-09-30 | 0.17 | 0.19 | 0.02 | 11 | ||
2008-07-22 | 2008-06-30 | 0.16 | 0.18 | 0.02 | 12 | ||
2008-04-22 | 2008-03-31 | 0.15 | 0.15 | 0.0 | 0 | ||
2008-01-24 | 2007-12-31 | 0.17 | 0.17 | 0.0 | 0 | ||
2007-10-23 | 2007-09-30 | 0.2 | 0.18 | -0.02 | 10 | ||
2007-07-19 | 2007-06-30 | 0.21 | 0.2 | -0.01 | 4 | ||
2007-04-19 | 2007-03-31 | 0.18 | 0.23 | 0.05 | 27 | ||
2007-01-25 | 2006-12-31 | 0.22 | 0.2 | -0.02 | 9 | ||
2006-10-18 | 2006-09-30 | 0.22 | 0.23 | 0.01 | 4 | ||
2006-07-18 | 2006-06-30 | 0.21 | 0.25 | 0.04 | 19 | ||
2006-04-17 | 2006-03-31 | 0.17 | 0.2 | 0.03 | 17 | ||
2006-01-18 | 2005-12-31 | 0.18 | 0.22 | 0.04 | 22 | ||
2005-10-20 | 2005-09-30 | 0.19 | 0.18 | -0.01 | 5 | ||
2005-07-18 | 2005-06-30 | 0.18 | 0.18 | 0.0 | 0 | ||
2005-04-14 | 2005-03-31 | 0.15 | 0.15 | 0.0 | 0 | ||
2005-01-18 | 2004-12-31 | 0.16 | 0.17 | 0.01 | 6 | ||
2004-10-18 | 2004-09-30 | 0.16 | 0.17 | 0.01 | 6 | ||
2004-07-22 | 2004-06-30 | 0.14 | 0.16 | 0.02 | 14 | ||
2004-04-15 | 2004-03-31 | 0.12 | 0.13 | 0.01 | 8 | ||
2004-01-23 | 2003-12-31 | 0.14 | 0.14 | 0.0 | 0 | ||
2003-10-21 | 2003-09-30 | 0.13 | 0.14 | 0.01 | 7 | ||
2003-07-16 | 2003-06-30 | 0.12 | 0.13 | 0.01 | 8 | ||
2003-04-17 | 2003-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2003-01-22 | 2002-12-31 | 0.11 | 0.11 | 0.0 | 0 | ||
2002-10-16 | 2002-09-30 | 0.11 | 0.11 | 0.0 | 0 | ||
2002-07-17 | 2002-06-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2002-04-18 | 2002-03-31 | 0.1 | 0.1 | 0.0 | 0 | ||
2002-01-14 | 2001-12-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2001-10-16 | 2001-09-30 | 0.09 | 0.09 | 0.0 | 0 | ||
2001-07-17 | 2001-06-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2001-04-17 | 2001-03-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2001-01-23 | 2000-12-31 | 0.08 | 0.08 | 0.0 | 0 | ||
2000-10-18 | 2000-09-30 | 0.08 | 0.08 | 0.0 | 0 | ||
2000-07-18 | 2000-06-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2000-04-18 | 2000-03-31 | 0.07 | 0.09 | 0.02 | 28 | ||
2000-01-24 | 1999-12-31 | 0.07 | 0.08 | 0.01 | 14 | ||
1999-10-14 | 1999-09-30 | 0.07 | 0.07 | 0.0 | 0 | ||
1999-07-15 | 1999-06-30 | 0.07 | 0.07 | 0.0 | 0 | ||
1999-04-15 | 1999-03-31 | 0.07 | 0.06 | -0.01 | 14 | ||
1999-01-26 | 1998-12-31 | 0.07 | 0.07 | 0.0 | 0 | ||
1998-10-15 | 1998-09-30 | 0.08 | 0.07 | -0.01 | 12 | ||
1998-07-17 | 1998-06-30 | 0.07 | 0.07 | 0.0 | 0 | ||
1998-04-22 | 1998-03-31 | 0.06 | 0.07 | 0.01 | 16 | ||
1998-01-22 | 1997-12-31 | 0.06 | 0.06 | 0.0 | 0 | ||
1997-10-16 | 1997-09-30 | 0.06 | 0.07 | 0.01 | 16 | ||
1997-07-17 | 1997-06-30 | 0.06 | 0.07 | 0.01 | 16 | ||
1997-04-17 | 1997-03-31 | 0.05 | 0.06 | 0.01 | 20 | ||
1997-01-27 | 1996-12-31 | 0.05 | 0.05 | 0.0 | 0 | ||
1996-10-17 | 1996-09-30 | 0.05 | 0.06 | 0.01 | 20 | ||
1996-07-18 | 1996-06-30 | 0.05 | 0.05 | 0.0 | 0 | ||
1996-04-18 | 1996-03-31 | 0.04 | 0.05 | 0.01 | 25 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Express. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Cargo Ground Transportation space 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 (0.37) | Revenue Per Share | Quarterly Revenue Growth (0.19) |
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.