HEARTLAND EXPRESS INC (HTLD)
US4223471040 - Common Stock
Overall HTLD gets a fundamental rating of 4 out of 10. We evaluated HTLD against 37 industry peers in the Ground Transportation industry. HTLD scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. HTLD has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
HTLD had negative earnings in the past year.
HTLD had a positive operating cash flow in the past year.
Each year in the past 5 years HTLD has been profitable.
In the past 5 years HTLD always reported a positive cash flow from operatings.
1.2 Ratios
HTLD has a worse Return On Assets (-1.67%) than 81.08% of its industry peers.
HTLD has a worse Return On Equity (-2.76%) than 72.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.67% | ||
| ROE | -2.76% | ||
| ROIC | N/A |
ROA(3y)5.84%
ROA(5y)6.62%
ROE(3y)9.41%
ROE(5y)9.73%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HTLD's Profit Margin has declined in the last couple of years.
In the last couple of years the Operating Margin of HTLD has declined.
HTLD does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3Y-79.33%
OM growth 5Y-60.08%
PM growth 3Y-51.86%
PM growth 5Y-36.55%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HTLD does not have a ROIC to compare to the WACC, probably because it is not profitable.
HTLD has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, HTLD has less shares outstanding
The debt/assets ratio for HTLD has been reduced compared to a year ago.
2.2 Solvency
HTLD has an Altman-Z score of 2.77. This is not the best score and indicates that HTLD is in the grey zone with still only limited risk for bankruptcy at the moment.
HTLD has a Altman-Z score of 2.77. This is in the better half of the industry: HTLD outperforms 62.16% of its industry peers.
The Debt to FCF ratio of HTLD is 2.31, which is a good value as it means it would take HTLD, 2.31 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.31, HTLD belongs to the top of the industry, outperforming 81.08% of the companies in the same industry.
A Debt/Equity ratio of 0.24 indicates that HTLD is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.24, HTLD is in the better half of the industry, outperforming 62.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 2.31 | ||
| Altman-Z | 2.77 |
ROIC/WACCN/A
WACC8.03%
2.3 Liquidity
A Current Ratio of 1.17 indicates that HTLD should not have too much problems paying its short term obligations.
HTLD has a Current ratio (1.17) which is comparable to the rest of the industry.
A Quick Ratio of 1.17 indicates that HTLD should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.17, HTLD is in line with its industry, outperforming 54.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
The earnings per share for HTLD have decreased strongly by -156.76% in the last year.
The earnings per share for HTLD have been decreasing by -24.21% on average. This is quite bad
HTLD shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.06%.
HTLD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.60% yearly.
EPS 1Y (TTM)-156.76%
EPS 3Y-36.76%
EPS 5Y-24.21%
EPS Q2Q%66.67%
Revenue 1Y (TTM)-16.06%
Revenue growth 3Y23.23%
Revenue growth 5Y14.6%
Sales Q2Q%-11.92%
3.2 Future
Based on estimates for the next years, HTLD will show a very strong growth in Earnings Per Share. The EPS will grow by 40.38% on average per year.
The Revenue is expected to decrease by -2.04% on average over the next years.
EPS Next Y-273.86%
EPS Next 2Y-27.51%
EPS Next 3Y40.38%
EPS Next 5YN/A
Revenue Next Year-13.59%
Revenue Next 2Y-5.72%
Revenue Next 3Y-2.04%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for HTLD. In the last year negative earnings were reported.
HTLD is valuated quite expensively with a Price/Forward Earnings ratio of 94.81.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HTLD indicates a slightly more expensive valuation: HTLD is more expensive than 72.97% of the companies listed in the same industry.
HTLD's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 94.81 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HTLD indicates a rather cheap valuation: HTLD is cheaper than 83.78% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HTLD indicates a rather cheap valuation: HTLD is cheaper than 97.30% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.62 | ||
| EV/EBITDA | 6.98 |
4.3 Compensation for Growth
A more expensive valuation may be justified as HTLD's earnings are expected to grow with 40.38% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-27.51%
EPS Next 3Y40.38%
5. Dividend
5.1 Amount
HTLD has a yearly dividend return of 0.72%, which is pretty low.
Compared to an average industry Dividend Yield of 1.29, HTLD has a dividend in line with its industry peers.
With a Dividend Yield of 0.72, HTLD pays less dividend than the S&P500 average, which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.72% |
5.2 History
The dividend of HTLD has a limited annual growth rate of 0.03%.
HTLD has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of HTLD decreased in the last 3 years.
Dividend Growth(5Y)0.03%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
HTLD has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of HTLD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-27.54%
EPS Next 2Y-27.51%
EPS Next 3Y40.38%
HEARTLAND EXPRESS INC
NASDAQ:HTLD (1/2/2025, 4:30:01 PM)
After market: 10.96 0 (0%)10.96
-0.26 (-2.32%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners53.38%
Inst Owner Change-1.04%
Ins Owners14.74%
Ins Owner Change18.37%
Market Cap860.36M
Analysts47.27
Price Target12.04 (9.85%)
Short Float %2.35%
Short Ratio3.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.72% |
Dividend Growth(5Y)0.03%
DP-27.54%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-79.07%
Min EPS beat(2)-194.19%
Max EPS beat(2)36.06%
EPS beat(4)2
Avg EPS beat(4)-11.48%
Min EPS beat(4)-194.19%
Max EPS beat(4)169.79%
EPS beat(8)3
Avg EPS beat(8)-44.95%
EPS beat(12)5
Avg EPS beat(12)-30%
EPS beat(16)6
Avg EPS beat(16)-23.01%
Revenue beat(2)0
Avg Revenue beat(2)-3.59%
Min Revenue beat(2)-5.09%
Max Revenue beat(2)-2.09%
Revenue beat(4)1
Avg Revenue beat(4)-3.84%
Min Revenue beat(4)-8.18%
Max Revenue beat(4)0.01%
Revenue beat(8)2
Avg Revenue beat(8)-2.87%
Revenue beat(12)4
Avg Revenue beat(12)-0.72%
Revenue beat(16)4
Avg Revenue beat(16)-2.3%
PT rev (1m)0.43%
PT rev (3m)-1.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-240.92%
EPS NY rev (1m)0%
EPS NY rev (3m)-57.56%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 94.81 | ||
| P/S | 0.8 | ||
| P/FCF | 9.62 | ||
| P/OCF | 5.84 | ||
| P/B | 1.04 | ||
| P/tB | 2.11 | ||
| EV/EBITDA | 6.98 |
EPS(TTM)-0.21
EYN/A
EPS(NY)0.12
Fwd EY1.05%
FCF(TTM)1.14
FCFY10.39%
OCF(TTM)1.88
OCFY17.12%
SpS13.76
BVpS10.52
TBVpS5.2
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.67% | ||
| ROE | -2.76% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 8.28% |
ROA(3y)5.84%
ROA(5y)6.62%
ROE(3y)9.41%
ROE(5y)9.73%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)4.69%
ROCE(5y)6.11%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-79.33%
OM growth 5Y-60.08%
PM growth 3Y-51.86%
PM growth 5Y-36.55%
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 2.31 | ||
| Debt/EBITDA | 1.31 | ||
| Cap/Depr | 30.69% | ||
| Cap/Sales | 5.36% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 97.27% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 2.77 |
F-Score3
WACC8.03%
ROIC/WACCN/A
Cap/Depr(3y)117.6%
Cap/Depr(5y)140.04%
Cap/Sales(3y)18.57%
Cap/Sales(5y)22.96%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-156.76%
EPS 3Y-36.76%
EPS 5Y-24.21%
EPS Q2Q%66.67%
EPS Next Y-273.86%
EPS Next 2Y-27.51%
EPS Next 3Y40.38%
EPS Next 5YN/A
Revenue 1Y (TTM)-16.06%
Revenue growth 3Y23.23%
Revenue growth 5Y14.6%
Sales Q2Q%-11.92%
Revenue Next Year-13.59%
Revenue Next 2Y-5.72%
Revenue Next 3Y-2.04%
Revenue Next 5YN/A
EBIT growth 1Y-198.36%
EBIT growth 3Y-74.53%
EBIT growth 5Y-54.26%
EBIT Next Year458.89%
EBIT Next 3Y109.1%
EBIT Next 5YN/A
FCF growth 1Y882.44%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y5.01%
OCF growth 3Y-2.61%
OCF growth 5Y2.44%