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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Heartland Express Inc. To summarize, we found that Heartland Express Inc ranked in the 11th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 92%. The most interesting components of our discounted cash flow analysis for Heartland Express Inc ended up being:
Its compound free cash flow growth rate, as measured over the past 5.5 years, is -0.15% -- higher than merely 10.58% of stocks in our DCF forecasting set.
As a business, HTLD is generating more cash flow than only 24.43% of positive cash flow stocks in the Industrials.
The business' balance sheet reveals debt to be 0% of the company's capital (with equity being the remaining amount). Approximately just 0.05% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as HTLD, try AIR, BKNG, CFX, ECOL, and FLOW.
NORTH LIBERTY, Iowa, Nov. 23, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Heartland Express, Inc. (Nasdaq: HTLD) announced today the declaration of a regular quarterly cash dividend. The $0.02 per share dividend will be paid on December 18, 2020 to shareholders of record at the close of business on December 8, 2020. We currently estimate that a total of approximately $1.6 million will be paid on the Company's 80.8 million shares of common stock. This is the Company's seventieth consecutive quarterly cash dividend. With the payment of this dividend, the Company will have paid a total of $490.4 million in cash dividends, including three special dividends since the dividend program was implemented in the third quarter of 2003. The press release may contain forward-looking statement...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
NORTH LIBERTY, Iowa, Nov. 06, 2020 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq: HTLD) announced today that on Wednesday, November 11, 2020, Mike Gerdin, Chief Executive Officer and Chris Strain, Chief Financial Officer, will present virtually at Baird’s 2020 Global Industrial Conference at 7:30 am (central time). On Tuesday, November 17, 2020, Mike Gerdin, Chief Executive Officer and Chris Strain, Chief Financial Officer, will present virtually at the 2020 Stephens Annual Investment Conference at 8:00 am (central time).Heartland Express is an irregular route truckload carrier based in North Liberty, Iowa serving customers with shipping lanes throughout the United States. Heartland focuses on medium to short haul regional freight, offering shippers industry leading on-time servi...