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 highest price target was 23, implying potential capital gains of 9.26 percent. The most pessimistic analyst gave a price target of 17, which equates to a potential downside of -19.24 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.78 percent. That number becomes 2.78 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.71 percent, compared to last month. 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. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of HTLD's earnings is estimated by analysts to be 0.29 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. 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 7.23 percent below the high. HTLD has a P/E 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 market cap of HTLD is $1.81 billion. HTLD will post this quarters earnings in days, on 0000-00-00.