Heartland Express operates as a short-to-medium haul truckload carrier of general commodities in the United States and Canada. The company was founded in 1978 and is based in North Liberty, Iowa.
HTLD Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for HTLD, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Heartland Express Inc ranked in the 11th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Heartland Express Inc ended up being:
The company's compound free cash flow growth rate over the past 5.5 years comes in at -0.15%; that's greater than merely 10.62% of US stocks we're applying DCF forecasting to.
HTLD's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 59.89% of tickers in our DCF set.
Relative to other stocks in its sector (Industrials), Heartland Express Inc has a reliance on debt greater than only 0% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
AIR, BKNG, CFX, ECOL, and FLOW can be thought of as valuation peers to HTLD, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Heartland Express (NASDAQ: HTLD) kicked off the fourth-quarter truckload earnings season on Tuesday, posting an in-line earnings result at 22 cents per share.The North Liberty, Iowa-based carrier reported a 6.8% year-over-year decline in revenue at $156 million as a result of lower fuel surcharges and fewer miles driven. Excluding fuel surcharges, revenue declined 2.6% in the period. The press release attributed the decline in miles driven to an "overall fleet reduction," which has been noted by other fleets as the industry grapples with driver attrition.More importantly, operating income improved 34.6% compared to the year-ago quarter with Heartland Express posting an 83.3% operating ratio, a 460-basis-point improvement.Heartland Express does not provide any operating metrics around ut...
NORTH LIBERTY, Iowa, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq: HTLD) announced today financial results for the quarter and year ended December 31, 2020. Three months ended December 31, 2020: Net Income of $17.7 million and Basic Earnings per Share of $0.22, Operating Revenue of $155.8 million,Operating Income of $23.8 million, a 34.6% increase over 2019,Operating Ratio of 84.7% and 83.3% Non-GAAP Adjusted Operating Ratio(1),Cash balance of $113.9 million and a Debt-Free Balance Sheet,Increased Driver pay by approximately 6% in late October 2020. Twelve months ended December 31, 2020: Net Income of $70.8 million, Earnings per Share of $0.87,Operating Revenue of $645.3 million, third highest annual revenue in the company's history, Operating Income of $93.4 millio...
With the third-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the fourth quarter. One of these stocks was Heartland Express, Inc. (NASDAQ:HTLD). Is HTLD a good stock to […]
On November 23, 2020, Heartland Express (NASDAQ:HTLD) announced shareholders can expect to receive a dividend payable on December 18, 2020. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Heartland Express will be on December 7, 2020. The company's current dividend payout is at $0.02. That equates to a dividend yield of 0.42% at current price levels.What Are Ex-Dividend Dates? Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them ...