HEARTLAND EXPRESS INC (HTLD) Stock Fundamental Analysis
NASDAQ:HTLD - Nasdaq - US4223471040 - Common Stock - Currency: USD
Taking everything into account, HTLD scores 3 out of 10 in our fundamental rating. HTLD was compared to 40 industry peers in the Ground Transportation industry. Both the profitability and financial health of HTLD have multiple concerns. HTLD has a expensive valuation and it also scores bad on growth.
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.
Of the past 5 years HTLD 4 years were profitable.
HTLD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HTLD's Return On Assets of -2.12% is on the low side compared to the rest of the industry. HTLD is outperformed by 67.50% of its industry peers.
HTLD has a Return On Equity of -3.53%. This is in the lower half of the industry: HTLD underperforms 67.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.12% | ||
| ROE | -3.53% | ||
| 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
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 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
HTLD has less shares outstanding than it did 5 years ago.
HTLD has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.46 indicates that HTLD is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of HTLD (2.46) is comparable to the rest of the industry.
The Debt to FCF ratio of HTLD is 18.45, which is on the high side as it means it would take HTLD, 18.45 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of HTLD (18.45) is comparable to the rest of the industry.
HTLD has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.23, HTLD is doing good in the industry, outperforming 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 18.45 | ||
| Altman-Z | 2.46 |
ROIC/WACCN/A
WACC9.35%
2.3 Liquidity
HTLD has a Current Ratio of 0.90. This is a bad value and indicates that HTLD is not financially healthy enough and could expect problems in meeting its short term obligations.
HTLD has a worse Current ratio (0.90) than 60.00% of its industry peers.
HTLD has a Quick Ratio of 0.90. This is a bad value and indicates that HTLD is not financially healthy enough and could expect problems in meeting its short term obligations.
HTLD's Quick ratio of 0.90 is on the low side compared to the rest of the industry. HTLD is outperformed by 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The earnings per share for HTLD have decreased strongly by -157.14% in the last year.
Looking at the last year, HTLD shows a very negative growth in Revenue. The Revenue has decreased by -13.10% in the last year.
Measured over the past years, HTLD shows a quite strong growth in Revenue. The Revenue has been growing by 11.91% on average per year.
EPS 1Y (TTM)-157.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5.26%
Revenue 1Y (TTM)-13.1%
Revenue growth 3Y19.93%
Revenue growth 5Y11.91%
Sales Q2Q%-18.83%
3.2 Future
The Earnings Per Share is expected to grow by 64.36% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 1.40% on average over the next years.
EPS Next Y24.19%
EPS Next 2Y68.74%
EPS Next 3Y64.36%
EPS Next 5YN/A
Revenue Next Year-12.63%
Revenue Next 2Y-3.3%
Revenue Next 3Y1.4%
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.
Based on the Price/Forward Earnings ratio of 27.56, the valuation of HTLD can be described as expensive.
Based on the Price/Forward Earnings ratio, HTLD is valued a bit more expensive than 62.50% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of HTLD to the average of the S&P500 Index (21.60), we can say HTLD is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 27.56 |
4.2 Price Multiples
HTLD's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HTLD is cheaper than 90.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HTLD is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 62.74 | ||
| EV/EBITDA | 5.84 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as HTLD's earnings are expected to grow with 64.36% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y68.74%
EPS Next 3Y64.36%
5. Dividend
5.1 Amount
HTLD has a yearly dividend return of 0.92%, which is pretty low.
HTLD's Dividend Yield is a higher than the industry average which is at 1.55.
With a Dividend Yield of 0.92, HTLD pays less dividend than the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.92% |
5.2 History
The dividend of HTLD decreases each year by -5.74%.
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)-5.74%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
HTLD has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-22.08%
EPS Next 2Y68.74%
EPS Next 3Y64.36%
8.64
-0.02 (-0.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners49.27%
Inst Owner Change-5.77%
Ins Owners24.61%
Ins Owner Change35.19%
Market Cap678.67M
Analysts46
Price Target10.58 (22.45%)
Short Float %5.17%
Short Ratio3.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.92% |
Yearly Dividend0.06
Dividend Growth(5Y)-5.74%
DP-22.08%
Div Incr Years1
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-16.6%
Min EPS beat(2)-86.15%
Max EPS beat(2)52.94%
EPS beat(4)2
Avg EPS beat(4)-194.93%
Min EPS beat(4)-782.57%
Max EPS beat(4)52.94%
EPS beat(8)3
Avg EPS beat(8)-119.67%
EPS beat(12)5
Avg EPS beat(12)-82.35%
EPS beat(16)7
Avg EPS beat(16)-61.29%
Revenue beat(2)0
Avg Revenue beat(2)-8.67%
Min Revenue beat(2)-10.87%
Max Revenue beat(2)-6.47%
Revenue beat(4)0
Avg Revenue beat(4)-6.13%
Min Revenue beat(4)-10.87%
Max Revenue beat(4)-2.09%
Revenue beat(8)1
Avg Revenue beat(8)-5.29%
Revenue beat(12)4
Avg Revenue beat(12)-1.52%
Revenue beat(16)4
Avg Revenue beat(16)-2.6%
PT rev (1m)-1.19%
PT rev (3m)-12.08%
EPS NQ rev (1m)19%
EPS NQ rev (3m)-606.38%
EPS NY rev (1m)15.82%
EPS NY rev (3m)-423.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.72%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-10.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 27.56 | ||
| P/S | 0.68 | ||
| P/FCF | 62.74 | ||
| P/OCF | 4.87 | ||
| P/B | 0.84 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 5.84 |
EPS(TTM)-0.36
EYN/A
EPS(NY)0.31
Fwd EY3.63%
FCF(TTM)0.14
FCFY1.59%
OCF(TTM)1.77
OCFY20.51%
SpS12.69
BVpS10.28
TBVpS5
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.12% | ||
| ROE | -3.53% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 1.09% |
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 Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 18.45 | ||
| Debt/EBITDA | 1.29 | ||
| Cap/Depr | 72.69% | ||
| Cap/Sales | 12.88% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 95.02% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 2.46 |
F-Score3
WACC9.35%
ROIC/WACCN/A
Cap/Depr(3y)95.3%
Cap/Depr(5y)119.64%
Cap/Sales(3y)14.77%
Cap/Sales(5y)19.56%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-157.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5.26%
EPS Next Y24.19%
EPS Next 2Y68.74%
EPS Next 3Y64.36%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.1%
Revenue growth 3Y19.93%
Revenue growth 5Y11.91%
Sales Q2Q%-18.83%
Revenue Next Year-12.63%
Revenue Next 2Y-3.3%
Revenue Next 3Y1.4%
Revenue Next 5YN/A
EBIT growth 1Y-3.54%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year837.25%
EBIT Next 3Y147.94%
EBIT Next 5YN/A
FCF growth 1Y-74.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-37.71%
OCF growth 3Y5.37%
OCF growth 5Y-0.28%