Research Analysts’ Recent Ratings Updates for Heartland Express (HTLD)

Several brokerages have updated their recommendations and price targets on shares of Heartland Express (NASDAQ: HTLD) in the last few weeks:

  • 11/1/2017 – Heartland Express was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Heartland Express, Inc. is a leader in transportation and logistics. Heartland Express provides collaborative truckload transportation service that enables companies to deliver exceptional service across their transportation network to improve customer satisfaction. The company provides truckload transportation service to virtually all markets east of the Rocky Mountains at any length of haul. Heartland Express transports a variety of goods, including automotive parts, consumer goods, paper and plastic products, retail goods, and packaged foodstuffs. The company serves the truckload transportation needs of the top shippers in America. Heartland operates in the United States and is headquartered in North Liberty, IA. “
  • 11/1/2017 – Heartland Express had its price target lowered by analysts at Barclays PLC from $21.00 to $20.00. They now have an “underweight” rating on the stock.
  • 10/30/2017 – Heartland Express had its price target raised by analysts at UBS AG from $22.00 to $23.00. They now have a “neutral” rating on the stock.
  • 10/27/2017 – Heartland Express was downgraded by analysts at TheStreet from a “b” rating to a “c” rating.
  • 10/16/2017 – Heartland Express was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Heartland Express, Inc. is a short-to-medium haul truckload carrier based near Iowa City, Iowa. The Company provides nationwide transportation service to major shippers, using late-model tractors and a uniform fleet of 53-foot aluminum plate dry vans. “
  • 10/12/2017 – Heartland Express had its price target raised by analysts at J P Morgan Chase & Co from $19.00 to $21.00. They now have an “underweight” rating on the stock.
  • 10/9/2017 – Heartland Express was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $27.00 price target on the stock. According to Zacks, “Heartland Express, Inc. is a short-to-medium haul truckload carrier based near Iowa City, Iowa. The Company provides nationwide transportation service to major shippers, using late-model tractors and a uniform fleet of 53-foot aluminum plate dry vans. “
  • 10/6/2017 – Heartland Express had its “hold” rating reaffirmed by analysts at Robert W. Baird. They now have a $26.00 price target on the stock.
  • 10/2/2017 – Heartland Express was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Heartland Express, Inc. is a short-to-medium haul truckload carrier based near Iowa City, Iowa. The Company provides nationwide transportation service to major shippers, using late-model tractors and a uniform fleet of 53-foot aluminum plate dry vans. “
  • 9/29/2017 – Heartland Express was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating. They now have a $28.00 price target on the stock, up previously from $22.00.
  • 9/17/2017 – Heartland Express had its “hold” rating reaffirmed by analysts at Robert W. Baird. They now have a $24.00 price target on the stock.

Heartland Express, Inc. (NASDAQ HTLD) opened at $21.24 on Tuesday. The company has a market cap of $1,767.68, a price-to-earnings ratio of 35.37, a PEG ratio of 2.61 and a beta of 0.54. Heartland Express, Inc. has a 1-year low of $18.71 and a 1-year high of $25.22.

Heartland Express (NASDAQ:HTLD) last announced its earnings results on Friday, October 27th. The transportation company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.08). The business had revenue of $182.10 million during the quarter, compared to analyst estimates of $205.81 million. Heartland Express had a net margin of 8.54% and a return on equity of 9.50%. The business’s revenue was up 22.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.15 earnings per share. research analysts predict that Heartland Express, Inc. will post 0.54 EPS for the current year.

In other news, EVP John P. Cosaert sold 7,146 shares of Heartland Express stock in a transaction on Monday, September 11th. The shares were sold at an average price of $22.54, for a total value of $161,070.84. Following the transaction, the executive vice president now directly owns 57,668 shares of the company’s stock, valued at approximately $1,299,836.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 42.10% of the company’s stock.

Heartland Express, Inc is a holding company. The Company is a short-to-medium haul truckload carrier. The Company focuses primarily on short- to medium-haul, asset-based dry van truckload services in regional markets near its terminals. The Company’s truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offers truckload temperature-controlled transportation services and non-asset based brokerage services.

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