Healthy Upside Potential: Heartland Express, Inc (HTLD)

With 0.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.43 million shares. The 52-week range on HTLD shows that it touched its highest point at $13.67 and its lowest point at $9.63 during that stretch. It currently has a 1-year price target of $11.80. With its current market cap of 802.78 million, HTLD has annualized dividend of $0.08 while the current yield stands at 0.78%. Beta for the stock currently stands at 0.80.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HTLD was down-trending over the past week, with a drop of -6.84%, but this was down by -13.46% over a month. Three-month performance dropped to -16.37% while six-month performance fell -17.45%. The stock lost -17.71% in the past year, while it has lost -8.91% so far this year. A look at the trailing 12-month EPS for HTLD yields -0.38 with Next year EPS estimates of 0.60. For the next quarter, that number is -0.05. This implies an EPS growth rate of 122.43% for this year and 609.24% for next year.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HTLD since 4 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.34733 being high and -$0.41884 being low. For HTLD, this leads to a yearly average estimate of -$0.38819. Based on analyst estimates, the high estimate for the next quarter is $0.04 and the low estimate is -$0.02. The average estimate for the next quarter is thus $0.01.