Heartland Express, Inc. (HTLD) recent activity suggests a positive outlook with the last week’s performance of 0.52%

Heartland Express, Inc. (NASDAQ: HTLD) on Friday, soared 1.68% from the previous trading day, before settling in for the closing price of $11.33. Within the past 52 weeks, HTLD’s price has moved between $9.63 and $17.08.

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A company in the Industrials sector has jumped its sales by 16.82% annually for the last half of the decade. The company achieved an average annual earnings per share of -234.74%. With a float of $44.64 million, this company’s outstanding shares have now reached $79.04 million.

Heartland Express, Inc. (HTLD) Insider and Institutional Ownership

Observing investor behavior towards Trucking industry stocks is more important than anything else. The insider ownership of Heartland Express, Inc. is 43.53%, while institutional ownership is 55.76%. The most recent insider transaction that took place on May 03 ’24, was worth 1,010,776. In this transaction Chief Executive Officer of this company bought 93,496 shares at a rate of $10.81, taking the stock ownership to the 290,010 shares. Before that another transaction happened on May 03 ’24, when Company’s Co-Trustee of 10% Owner bought 8,089 for $10.74, making the entire transaction worth $86,899. This insider now owns 849,078 shares in total.

Heartland Express, Inc. (HTLD) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -234.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 68.70% during the next five years compared to -26.69% drop over the previous five years of trading.

Heartland Express, Inc. (NASDAQ: HTLD) Trading Performance Indicators

Heartland Express, Inc. (HTLD) is currently performing well based on its current performance indicators. A quick ratio of 1.26 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.79.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach 0.49 in one year’s time.

Technical Analysis of Heartland Express, Inc. (HTLD)

Let’s dig in a bit further. During the last 5-days, its volume was 0.37 million. That was better than the volume of 0.36 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 39.77%. Additionally, its Average True Range was 0.32.

During the past 100 days, Heartland Express, Inc.’s (HTLD) raw stochastic average was set at 44.37%, which indicates a significant decrease from 68.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.41% in the past 14 days, which was lower than the 26.83% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.05, while its 200-day Moving Average is $13.11. However, in the short run, Heartland Express, Inc.’s stock first resistance to watch stands at $11.65. Second resistance stands at $11.79. The third major resistance level sits at $11.95. If the price goes on to break the first support level at $11.35, it is likely to go to the next support level at $11.19. The third support level lies at $11.05 if the price breaches the second support level.

Heartland Express, Inc. (NASDAQ: HTLD) Key Stats

Market capitalization of the company is 910.66 million based on 79,051K outstanding shares. Right now, sales total 1,207 M and income totals 14,780 K. The company made 270,320 K in profit during its latest quarter, and -15,110 K in sales during its previous quarter.