HEARTLAND EXPRESS INC (HTLD)
US4223471040 - Common Stock
Overall HTLD gets a fundamental rating of 3 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 is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year HTLD has reported negative net income.
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
The Return On Assets of HTLD (-0.89%) is worse than 75.00% of its industry peers.
Looking at the Return On Equity, with a value of -1.52%, HTLD is doing worse than 69.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.89% | ||
| ROE | -1.52% | ||
| 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.
HTLD's Operating Margin has declined in the last couple of years.
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 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.
The number of shares outstanding for HTLD remains at a similar level compared to 1 year ago.
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 2.64. 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 (2.64) is comparable to the rest of the industry.
HTLD has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.30, HTLD is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.64 |
ROIC/WACCN/A
WACC8.67%
2.3 Liquidity
HTLD has a Current Ratio of 1.26. This is a normal value and indicates that HTLD is financially healthy and should not expect problems in meeting its short term obligations.
HTLD has a better Current ratio (1.26) than 66.67% of its industry peers.
HTLD has a Quick Ratio of 1.26. 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 1.26 is fine compared to the rest of the industry. HTLD outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
HTLD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -114.00%.
The earnings per share for HTLD have been decreasing by -24.21% on average. This is quite bad
The Revenue has decreased by -0.06% in the past year.
The Revenue has been growing by 14.60% on average over the past years. This is quite good.
EPS 1Y (TTM)-114%
EPS 3Y-36.76%
EPS 5Y-24.21%
EPS Q2Q%-211.76%
Revenue 1Y (TTM)-0.06%
Revenue growth 3Y23.23%
Revenue growth 5Y14.6%
Sales Q2Q%-18.31%
3.2 Future
The Earnings Per Share is expected to grow by 56.07% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 0.79% on average over the next years.
EPS Next Y-218.69%
EPS Next 2Y50.88%
EPS Next 3Y56.07%
EPS Next 5YN/A
Revenue Next Year-9.19%
Revenue Next 2Y-1.9%
Revenue Next 3Y0.79%
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 rather expensively with a Price/Forward Earnings ratio of 22.60.
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 66.67% of the companies listed in the same industry.
HTLD's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 20.07.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 22.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HTLD is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.7 |
4.3 Compensation for Growth
A more expensive valuation may be justified as HTLD's earnings are expected to grow with 56.07% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y50.88%
EPS Next 3Y56.07%
5. Dividend
5.1 Amount
HTLD has a yearly dividend return of 0.71%, which is pretty low.
HTLD's Dividend Yield is comparable with the industry average which is at 1.69.
With a Dividend Yield of 0.71, HTLD pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.71% |
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 recently.
Dividend Growth(5Y)0.03%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
The earnings of HTLD are negative and hence is the payout ratio. HTLD will probably not be able to sustain this dividend level.
HTLD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-48.96%
EPS Next 2Y50.88%
EPS Next 3Y56.07%
HEARTLAND EXPRESS INC
NASDAQ:HTLD (5/31/2024, 7:00:02 PM)
After market: 11.32 0 (0%)11.32
+0.12 (+1.07%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap894.85M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.71% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 22.6 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.89% | ||
| ROE | -1.52% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-114%
EPS 3Y-36.76%
EPS 5Y
EPS Q2Q%
EPS Next Y-218.69%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-0.06%
Revenue growth 3Y23.23%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y