HTLD stock: buy or sell?

HTLD stock price: $20.01 -0.94% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

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After climbing for 4 days, Thursday Heartland Express slightly fell a disappointing -0.94%, closing at $20.01.

Heartland Express, Inc., through its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada.

Should I buy HTLD stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading plan that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Check the only buy setup that matches with Heartland Express stock now:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

Is Heartland Express stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't detect any rating for HTLD stock for the last 30 days.

HTLD stock analysis

Daily outlook

After climbing for 4 days, Thursday Heartland Express slightly fell a disappointing -0.94%, closing at $20.01.

After climbing for 4 days, Thursday Heartland Express slightly fell a disappointing -0.94%, closing at $20.01. In the last 6 days when HTLD stock price broke up the SMA200d line, it gained $0.77 (4.00%). From a daily perspective, HTLD is in a short term uptrend after plotting its last bottom ($19.11, on August 15th) higher than the previous bottom, and its last top ($20.33, yesterday) also over the previous top. Now trading in between its last bottom and last top HTLD might consolidate in a plain range, waiting to break out over $20.33 or down under $19.11.

HTLD stock chart (daily)

Weekly outlook

Shares of Heartland Express stepped up a nice 1.63% this week. By mid July HTLD climbed an exceptional 6.67% in just one week.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $20.44 resistance. Since mid July when HTLD stock price broke up the SMA40w line, it gained $1.41 (7.58%).

HTLD stock chart (weekly)

HTLD stock price history

HTLD stock went public on November 5th, 1986 with a price of $0.321. Since then, HTLD stock grew a 6,153.10%, with a yearly average of 192.30%. If you had invested $1,000 in HTLD stock in 1986, it would worth $61,531.00 today.

1: Adjusted price after possible price splits or reverse-splits.

HTLD stock historical price chart

HTLD stock reached 52-week highs on September at $21.42, and all-time highs 2014-12-29 with a price of 27.46.

HTLD stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price forecast for Heartland Express stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Heartland Express posted its last earnings report, it decreased an ugly -1.57%. As soon as we get its posted EPS from the earnings report, we will update this review.
HTLD earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.12n/a
2017-Q32017-10-270.170.09-47.1%
2017-Q42018-02-120.110.07-36.4%
2018-Q12018-04-250.120.1633.3%
2018-Q22018-07-190.180.2222.2%
2018-Q32018-10-170.220.234.5%
2018-Q42019-01-220.240.2712.5%
2019-Q12019-04-230.22n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Heartland Express annual revenues remained stable a tight 0.57% to $610.80 M USD from $607.34 marked in 2017. Likewise, its income margin (compared to sales) stayed stable to 11.90%, that is $72.68 million.

Heartland Express fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Heartland Express TTM sales up to March 2019 were $593.64 and earnings $76.62 M dollars. When comparing this TTM figures with the last reported annuality, we can review Heartland Express business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, decreased a lame -2.81%. Regarding profit margin, Heartland Express inched 1.01% to 11.90%

HTLD annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$582 M-$71 M12.1%-
2014$871 M49.65%$85 M9.7%20.20%
2015$736 M-15.49%$73 M9.9%-13.88%
2016$613 M-16.76%$56 M9.2%-22.82%
2017$607 M-0.91%$75 M12.4%33.32%
2018$611 M0.57%$73 M11.9%-3.32%
TTM $594 M-2.81%$77 M12.9%5.42%

Quarterly financial results

Heartland Express posted $139.54 M in sales for 2019-Q1, a -5.08% less compared to previous quarter. Reported quarter income marked $17.32 M with a profit margin of 12.41%. Profit margin declined a -2.85% compared to previous quarter when profit margin was 15.26%. When comparing turnover to same quarter last year, Heartland Express sales marked a godawful slide and plummed a -10.95%. Looking back to recent quarterly results, Heartland Express posted 6 positive quarters in a row.
HTLD quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$130 M-$15 M11.3%-
2017-Q3$182 M40.50%$8 M4.3%-45.83%
2017-Q4$166 M-9.01%$39 M23.3%387.44%
2018-Q1$157 M-5.44%$13 M8.5%-65.35%
2018-Q2$156 M-0.55%$18 M11.4%33.08%
2018-Q3$151 M-2.92%$19 M12.6%7.04%
2018-Q4$147 M-2.83%$22 M15.3%17.76%
2019-Q1$140 M-5.08%$17 M12.4%-22.83%

Heartland Express ownership

When you are planning to invest in a company, it's always worth to have a look its ownership structure.

Heartland Express shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 48.87% of all shares.

In case of Heartland Express stock, 61.02% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for HTLD stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related stocks:

HTLDCVTIKNXMRTNPTSI
Market cap$1.6 B$236.5 M$5.9 B$1.1 B$314.7 M
Total shares82.0 M16.0 M173.1 M54.6 M6.2 M
Float shares45.1 M12.5 M123.9 M38.9 M1.5 M
  - Institutional holdings (%)61.0%75.9%90.5%70.3%27.6%
  - Insider holdings (%)48.9%36.8%9.7%29.1%67.1%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

HTLD summary

Thursday, August 22nd, 2019
Open$20.19
Close$20.01
Day range$20.00 - $20.29
Previous close$20.20
Session gain-0.94%
Average true range$0.47
50d mov avg$19.03
100d mov avg$19.17
200d mov avg$19.37
Daily patternlt06a
Weekly pattern lb02a

Heartland Express performance

To better understand Heartland Express performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Heartland Express to Covenant Transportation, Knight Transportation, Marten Transport, P.A.M. Transportation Services, Universal Logistics, USA Truck and Werner Enterprises:
Stock3m6m12m
HTLDHeartland Express5.82%-3.61%-0.15%
CVTICovenant Transpor...-10.55%-40.10%-48.61%
KNXKnight Transporta...13.66%1.67%4.48%
MRTNMarten Transport4.80%1.33%-9.14%
PTSIP.A.M. Transporta...-7.62%0.39%-17.87%
ULHUniversal Logisti...-0.35%-10.09%-44.28%
USAKUSA Truck-36.28%-56.95%-62.38%
WERNWerner Enterprise...8.91%2.94%-1.54%

Heartland Express competitors

One check before trading any stock is to review a list of its competitors, in this case for Heartland Express. We chose 7 companies as Heartland Express competitors as they are in the same industry or have similar market objectives.