HEARTLAND EXPRESS INC (HTLD) Stock Fundamental Analysis
NASDAQ:HTLD - Nasdaq - US4223471040 - Common Stock - Currency: USD
HTLD gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 39 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 valuation in line with the averages, but on the other hand it 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.
Of the past 5 years HTLD 4 years were profitable.
HTLD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -1.67%, HTLD is doing worse than 81.58% of the companies in the same industry.
HTLD's Return On Equity of -2.76% is on the low side compared to the rest of the industry. HTLD is outperformed by 76.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.67% | ||
| ROE | -2.76% | ||
| ROIC | N/A |
ROA(3y)2.25%
ROA(5y)4.55%
ROE(3y)4.57%
ROE(5y)6.88%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin and Operating Margin and Gross Margin are not available for HTLD so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
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.
Compared to 1 year ago, HTLD has less shares outstanding
Compared to 5 years ago, HTLD has less shares outstanding
HTLD has a better debt/assets ratio than last year.
2.2 Solvency
HTLD has an Altman-Z score of 2.71. 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.
The Altman-Z score of HTLD (2.71) is better than 63.16% 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.
The Debt to FCF ratio of HTLD (2.31) is better than 81.58% of its industry peers.
HTLD has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
HTLD has a Debt to Equity ratio of 0.24. This is in the better half of the industry: HTLD outperforms 65.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 2.31 | ||
| Altman-Z | 2.71 |
ROIC/WACCN/A
WACC9.08%
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 of 1.17. This is comparable to the rest of the industry: HTLD outperforms 57.89% of its industry peers.
HTLD has a Quick Ratio of 1.17. This is a normal value and indicates that HTLD is financially healthy and should not expect problems in meeting its short term obligations.
HTLD's Quick ratio of 1.17 is in line compared to the rest of the industry. HTLD outperforms 57.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
HTLD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -268.18%.
The Revenue for HTLD has decreased by -13.25% in the past year. This is quite bad
HTLD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.91% yearly.
EPS 1Y (TTM)-268.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-133.33%
Revenue 1Y (TTM)-13.25%
Revenue growth 3Y19.93%
Revenue growth 5Y11.91%
Sales Q2Q%-11.9%
3.2 Future
The Earnings Per Share is expected to grow by 58.54% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 1.28% on average over the next years.
EPS Next Y123.43%
EPS Next 2Y91.52%
EPS Next 3Y58.54%
EPS Next 5YN/A
Revenue Next Year-2.78%
Revenue Next 2Y2.02%
Revenue Next 3Y1.28%
Revenue Next 5YN/A
3.3 Evolution
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.
A Price/Forward Earnings ratio of 122.72 indicates a quite expensive valuation of HTLD.
Based on the Price/Forward Earnings ratio, HTLD is valued a bit more expensive than 73.68% of the companies 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 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 122.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HTLD is valued cheaply inside the industry as 81.58% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, HTLD is valued cheaper than 94.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.34 | ||
| EV/EBITDA | 6.64 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
HTLD's earnings are expected to grow with 58.54% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y91.52%
EPS Next 3Y58.54%
5. Dividend
5.1 Amount
HTLD has a yearly dividend return of 0.76%, which is pretty low.
Compared to an average industry Dividend Yield of 1.37, HTLD has a dividend in line with its industry peers.
With a Dividend Yield of 0.76, HTLD pays less dividend than the S&P500 average, which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
5.2 History
The dividend of HTLD has a limited annual growth rate of 0.03%.
HTLD has been paying a dividend for at least 10 years, so it has 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 2Y91.52%
EPS Next 3Y58.54%
10.64
+0.07 (+0.66%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners52.31%
Inst Owner Change0.31%
Ins Owners15.97%
Ins Owner Change4.33%
Market Cap835.45M
Analysts47.27
Price Target12.04 (13.16%)
Short Float %1.97%
Short Ratio2.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
Yearly Dividend0.08
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)-373.26%
Min EPS beat(2)-782.57%
Max EPS beat(2)36.06%
EPS beat(4)2
Avg EPS beat(4)-158.58%
Min EPS beat(4)-782.57%
Max EPS beat(4)169.79%
EPS beat(8)3
Avg EPS beat(8)-118.5%
EPS beat(12)5
Avg EPS beat(12)-79.03%
EPS beat(16)6
Avg EPS beat(16)-59.79%
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%
PT rev (3m)-1.67%
EPS NQ rev (1m)-8.71%
EPS NQ rev (3m)-8.71%
EPS NY rev (1m)-25%
EPS NY rev (3m)-25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-4.72%
Revenue NY rev (3m)-5.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 122.72 | ||
| P/S | 0.77 | ||
| P/FCF | 9.34 | ||
| P/OCF | 5.67 | ||
| P/B | 1.01 | ||
| P/tB | 2.05 | ||
| EV/EBITDA | 6.64 |
EPS(TTM)-0.37
EYN/A
EPS(NY)0.09
Fwd EY0.81%
FCF(TTM)1.14
FCFY10.7%
OCF(TTM)1.88
OCFY17.63%
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)2.25%
ROA(5y)4.55%
ROE(3y)4.57%
ROE(5y)6.88%
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)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
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 | 2.71 |
F-Score3
WACC9.08%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-268.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-133.33%
EPS Next Y123.43%
EPS Next 2Y91.52%
EPS Next 3Y58.54%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.25%
Revenue growth 3Y19.93%
Revenue growth 5Y11.91%
Sales Q2Q%-11.9%
Revenue Next Year-2.78%
Revenue Next 2Y2.02%
Revenue Next 3Y1.28%
Revenue Next 5YN/A
EBIT growth 1Y-198.36%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1062.71%
EBIT Next 3Y141.84%
EBIT Next 5YN/A
FCF growth 1Y328.65%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-28.69%
OCF growth 3YN/A
OCF growth 5YN/A