Analyst Ratings for Heartland Express Inc. (HTLD)

Updated: 2017-07-27

Heartland Express Inc. (NASDAQ:HTLD) was awarded an average rating of Underweight from investment analysts following the stock. Last month, HTLD received an average rating of Underweight.

A buy rating was issued by 0 analysts, 0 issued an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 6 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has decreased by 1.

Many analysts weighed in on price targets for HTLD. The most optimistic price target was 23, implying potential capital gains of 9.26 percent. The most pessimistic analyst gave a price target of 17, implying a possible loss of -19.24 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.78 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.78 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.71 percent. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

HTLD has an estimated earnings growth rate of 0.29 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of HTLD is 106.48.

HTLD has a 52-week high of 22.69 and a 52-week low of 17.06. The current market price is above the trailing year's low by 23.39 percent, and below the high by 7.23 percent. HTLD has a price/earnings ratio of 30.88. Investors typically compare the P/E ratio to a company's peers in the industry. The HTLD value stock report compares HTLD to some of its peers using value stock charts. The stock has a market capitalization of $1.81 billion. HTLD will post this quarters earnings in days, on 0000-00-00.