Heartland Express, Inc (NASDAQ: HTLD) on Tuesday, plunged -4.89% from the previous trading day, before settling in for the closing price of $10.64. Within the past 52 weeks, HTLD’s price has moved between $9.63 and $13.67.
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A company in the Industrials sector has jumped its sales by 17.46% annually for the last half of the decade. The company achieved an average annual earnings per share of 122.43%. With a float of $44.14 million, this company’s outstanding shares have now reached $78.52 million.
In terms of profitability, gross margin is 14.38%, operating margin of -2.03%, and the pretax margin is -3.5%.
Heartland Express, Inc (HTLD) Insider Updates
Observing investor behavior towards Trucking industry stocks is more important than anything else. The insider ownership of Heartland Express, Inc is 43.80%, while institutional ownership is 50.96%. The most recent insider transaction that took place on Nov 18 ’24, was worth 606,087. In this transaction Co-Trustee of 10% Owner of this company bought 49,506 shares at a rate of $12.24, taking the stock ownership to the 898,584 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Chief Executive Officer bought 1,683 for $11.99, making the entire transaction worth $20,179. This insider now owns 1,313,596 shares in total.
Heartland Express, Inc (HTLD) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 122.43% per share during the next fiscal year.
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 1.08 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 0.76. Likewise, its price to free cash flow for the trailing twelve months is 22.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.38, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.60 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 0.57 million. That was better than the volume of 0.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.38%. Additionally, its Average True Range was 0.38.
During the past 100 days, Heartland Express, Inc’s (HTLD) raw stochastic average was set at 0.73%, which indicates a significant decrease from 1.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.45% in the past 14 days, which was higher than the 30.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.31, while its 200-day Moving Average is $11.80. However, in the short run, Heartland Express, Inc’s stock first resistance to watch stands at $10.51. Second resistance stands at $10.91. The third major resistance level sits at $11.11. If the price goes on to break the first support level at $9.91, it is likely to go to the next support level at $9.71. Assuming the price breaks the second support level, the third support level stands at $9.31.
Heartland Express, Inc (NASDAQ: HTLD) Key Stats
Market capitalization of the company is 794.92 million based on 78,550K outstanding shares. Right now, sales total 1,048 M and income totals -29,720 K. The company made 242,580 K in profit during its latest quarter, and -1,850 K in sales during its previous quarter.
