A number of other research firms have also weighed in on HTLD.
Heartland Express (NASDAQ:HTLD) last released its quarterly earnings results on Wednesday, August 2nd. For the next fiscal year, analysts anticipate that the firm will post sales of $938.30 million per share, with estimates ranging from $821.19 million to $1.05 billion. The transportation company reported $0.18 earnings per share for the quarter, meeting the consensus estimate of $0.18. Aberdeen Asset Management PLC UK increased its position in shares of Heartland Express by 41.6% in the first quarter. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and one has assigned a buy rating to the company. During the same period in the prior year, the business posted $0.20 EPS. American Century Companies Inc. now owns 9,483,721 shares of the transportation company's stock worth $190,149,000 after buying an additional 394,184 shares during the last quarter. Nuance Investments LLC increased its stake in Heartland Express by 23.4% in the first quarter. Vanguard Group Inc. increased its stake in Heartland Express by 5.5% in the first quarter. Municipal Employees Retirement System of MI now owns 9,890 shares of the transportation company's stock worth $198,000 after buying an additional 160 shares during the period. Heartland Express's quarterly revenue was down 19.4% on a year-over-year basis.
TRADEMARK VIOLATION WARNING: This piece was first posted by Community Financial News and is the property of of Community Financial News. The original version of this piece can be viewed at https://www.com-unik.info/2017/08/13/mutual-of-omaha-bank-wealth-management-maintains-position-in-heartland-express-inc-nasdaqhtld-updated-updated.html. State of Alaska Department of Revenue now owns 8,546 shares of the transportation company's stock valued at $177,000 after buying an additional 3,766 shares in the last quarter. Morgan Stanley reiterated an "underweight" rating on shares of Heartland Express in a research note on Tuesday, July 11th. 479,324 shares of the company's stock were exchanged.
Company chares are trading at $20.70 which is a tad under the 50 day moving average which is $21.18 and which is a tad above the 200 day moving average of $20.32. Finally, TheStreet downgraded shares of Heartland Express from a "b-" rating to a "c+" rating in a research report on Friday, May 26th. Mason Street Advisors LLC now owns 10,128 shares of the transportation company's stock worth $203,000 after buying an additional 664 shares during the last quarter. Finally, UBS AG upgraded shares of Heartland Express from a "sell" rating to a "neutral" rating and lifted their price target for the stock from $20.00 to $22.00 in a research note on Monday, July 10th.
Heartland Express, Inc. now has a P/E ratio of 32.06 and market cap is 1.74B. The stock now has an average rating of "Hold" and a consensus target price of $16.55.
With a total market value of $0, Heartland Express, Inc. has PE ratio of 31.80 with a one year low of $17.06 and a one year high of $22.69. The company also recently announced a dividend paid on Monday July 3rd, 2017. The firm's 50-day moving average price is $21.17 and its 200 day moving average price is $20.31. Investors of record on Friday, June 23rd were issued a dividend of $0.02 per share. The ex-dividend date was Wednesday, June 21st. This dividend represents a yeild of $0.38 which is the dividend as a percentage of the current share price. The value of the investment in Heartland Express, Inc. increased from $2,413,000 to $3,462,000 a change of 43.5% for the reporting period. The Company is a short-to-medium haul truckload carrier. It provides nationwide asset-based dry van truckload service for shippers from Washington to Florida and New England to California.