Heartland Express Intrinsic Stock Value – Arizona State Retirement System Invests $218,000 in Heartland Express, Inc
November 14, 2023
🌥️Trending News
It specializes in long-haul truckload transportation of general commodities in both temperature-controlled and non-temperature-controlled trailers. Over the years, Heartland Express ($NASDAQ:HTLD) has built a strong network of customers and drivers in order to meet the needs of its growing customer base. The ASRS’ decision to invest in Heartland Express reflects the confidence they have in the company’s performance and stability.
This investment marks a significant milestone for Heartland Express and shows the trust and confidence that investors have in the company. With the added funds, the company can continue to expand their operations and deliver on their promise of reliable truckload transportation services.
Stock Price
This investment marks a significant milestone for Heartland Express, Inc. as it continues to grow its presence in the transportation industry. It is also a testament to the value that Heartland Express, Inc. brings to its investors and customers. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Heartland Express. More…
| Total Revenues | Net Income | Net Margin |
| 1.29k | 25.17 | 0.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Heartland Express. More…
| Operations | Investing | Financing |
| 233.46 | -663.26 | 359.26 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Heartland Express. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.58k | 714.39 | 10.9 |
Key Ratios Snapshot
Some of the financial key ratios for Heartland Express are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 25.1% | -19.0% | 4.6% |
| FCF Margin | ROE | ROA |
| 1.2% | 4.3% | 2.4% |
Analysis – Heartland Express Intrinsic Stock Value
At GoodWhale, we recently conducted an analysis of HEARTLAND EXPRESS‘s fundamentals. According to our proprietary Valuation Line, the fair value of HEARTLAND EXPRESS’s share is around $26.7. However, the stock is currently being traded at $12.4, meaning it is undervalued by a staggering 53.6%. This presents a great opportunity for investors to add HEARTLAND EXPRESS’s stock to their portfolios at a very attractive valuation. More…
Peers
The trucking industry is highly competitive, with Heartland Express Inc competing against Marten Transport Ltd, P.A.M. Transportation Services Inc, and Saia Inc. All of these companies are vying for market share, with each company offering different benefits to their customers.
– Marten Transport Ltd ($NASDAQ:MRTN)
Marten Transport Ltd. is a truckload transportation company specializing in time-sensitive and temperature-sensitive freight. The company operates in three segments: Truckload, Dedicated, and Intermodal. The Truckload segment offers general commodities transportation services using dry van trailers. The Dedicated segment provides transportation services for specific customers using dry van trailers. The Intermodal segment offers transportation services using containers and trailers on railroads.
– P.A.M. Transportation Services Inc ($NASDAQ:PTSI)
P.A.M. Transportation Services Inc is a trucking company that specializes in transporting perishable goods. The company has a market cap of $620.64 million and a return on equity of 34.12%. P.A.M. Transportation Services is headquartered in Tontitown, Arkansas.
– Saia Inc ($NASDAQ:SAIA)
Saia Inc is a regional less-than-truckload carrier in North America. The company operates through two segments, Trucking and Logistics. The Trucking segment offers regional and interregional less-than-truckload, or LTL, freight services, including expedited, guaranteed and time-sensitive services; local pick-up and delivery services; and other value-added services. This segment also offers drayage services, which are the movement of import containers from seaports to consignees, or the movement of export containers from shippers to seaports; and logistics services, including freight management, transportation management, and warehouse and distribution services. The Logistics segment provides third-party logistics services, including brokerage, intermodal, and domestic and international air and ocean transportation services.
Summary
The company provides truckload and logistics services for shippers and carriers across North America. Arizona State Retirement System is one of the major institutional investors in Heartland Express, Inc., holding a stake of $218000. In terms of investing analysis, the company has a steady revenue growth and a healthy balance sheet with no major debt. Furthermore, the company has a history of dividend payments and consistent stock repurchases.
The company also maintains a low dividend payout ratio, which suggests that it is financially sound and can continue to pay out healthy dividends. Overall, Heartland Express, Inc. may be an attractive long-term investment for investors interested in the trucking and logistics sector.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
