Heartland Express Stock Fair Value Calculator – Rhumbline Advisers Invests $2.91 Million in Heartland Express
December 6, 2023
🌥️Trending News
Rhumbline Advisers recently announced a big investment of $2.91 Million in Heartland Express ($NASDAQ:HTLD), Inc. Heartland Express, Inc. is an industry leading truckload carrier that specializes in transportation of general commodities throughout the continental United States. It operates through a network of terminals and agents that provide services to its customers through short-haul, line-haul, and expedited services. The company is committed to providing superior customer service, safety, reliability, and efficiency.
With its extensive network of terminals and agents, Heartland Express is well-positioned to capitalize on emerging market opportunities and deliver value to its customers. With the recent investment from Rhumbline Advisers, Heartland Express is well-positioned to continue its growth trajectory and expand its network even further.
Stock Price
On Monday, Rhumbline Advisers announced that it has invested $2.91 million into Heartland Express, Inc. (HEARTLAND EXPRESS) stock. On the day of the announcement, HEARTLAND EXPRESS stock opened at $13.6 and closed at $13.9, up by 1.6% from last closing price of 13.6. This investment demonstrates the confidence that Rhumbline Advisers has in HEARTLAND EXPRESS’s potential to create value for its shareholders and its profitability in the long run. It is also a positive indicator of the company’s long-term prospects and the confidence that investors have in the company’s future performance. 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 Stock Fair Value Calculator
At GoodWhale, we recently conducted an analysis of HEARTLAND EXPRESS‘s wellbeing. Through our proprietary Valuation Line, we determined that the fair value of HEARTLAND EXPRESS’s share is around $26.5. Unfortunately, HEARTLAND EXPRESS’s stock is currently being traded at $13.9, indicating that it is undervalued by 47.5%. As a result, the HEARTLAND EXPRESS’s stock offers a great opportunity for investors looking to capitalize on a potentially overvalued asset. More…
Peers
The trucking industry is highly competitive, with Heartland Express Inc competing against Marten Transport Ltd, P.A.M. Transportation Services Inc, and Saia Inc. All of these companies are vying for market share, with each company offering different benefits to their customers.
– Marten Transport Ltd ($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
Investing in Heartland Express, Inc. (HEART) has been of interest to Rhumbline Advisers, who have recently made a $2.91 million stock position. HEART is a leading provider of transportation services in the truckload sector and has a long history of profitable growth. Its business model is focused on low cost operations, operational efficiency, and providing services both within and beyond the United States. Overall, the stock looks promising for medium-term investments, with potential for continued growth in the future.
