Heartland Express (HTLD) Getting Somewhat Positive Press Coverage, Accern Reports
News stories about Heartland Express (NASDAQ:HTLD) have trended somewhat positive on Saturday, according to Accern. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Heartland Express earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 46.7952284755377 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Heartland Express is Now Oversold (HTLD) (nasdaq.com)
- Heartland Express, Inc. (HTLD) Downgraded to “Sell” at Zacks Investment Research (americanbankingnews.com)
- Brokers Issue Forecasts for Heartland Express, Inc.’s FY2018 Earnings (HTLD) (americanbankingnews.com)
- Heartland Express, Inc. Announces the Retirement of Executive Vice President of Finance, Treasurer and Chief Financial Officer John P. Cosaert (feeds.benzinga.com)
- Heartland Express, Inc. (HTLD) to Post FY2017 Earnings of $0.54 Per Share, Seaport Global Securities Forecasts (americanbankingnews.com)
Shares of Heartland Express (NASDAQ HTLD) traded up $0.13 during mid-day trading on Friday, reaching $21.17. 393,794 shares of the company traded hands, compared to its average volume of 452,300. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 35.77, a price-to-earnings-growth ratio of 2.48 and a beta of 0.54.
Heartland Express (NASDAQ:HTLD) last released its quarterly earnings results on Friday, October 27th. The transportation company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.08). Heartland Express had a return on equity of 9.50% and a net margin of 8.54%. The company had revenue of $182.10 million for the quarter, compared to analyst estimates of $205.81 million. During the same quarter last year, the company earned $0.15 EPS. The firm’s revenue for the quarter was up 22.0% on a year-over-year basis. analysts forecast that Heartland Express will post 0.58 earnings per share for the current fiscal year.
A number of equities analysts have recently weighed in on HTLD shares. TheStreet raised shares of Heartland Express from a “c+” rating to a “b” rating in a research report on Thursday, September 7th. Zacks Investment Research raised shares of Heartland Express from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research report on Friday, July 21st. BidaskClub lowered shares of Heartland Express from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 19th. Stifel Nicolaus raised shares of Heartland Express from a “hold” rating to a “buy” rating and boosted their price objective for the company from $22.00 to $28.00 in a research report on Friday, September 29th. Finally, Robert W. Baird reissued a “hold” rating and issued a $24.00 price objective on shares of Heartland Express in a research report on Sunday, September 17th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $24.17.
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In related news, EVP John P. Cosaert sold 7,146 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $22.54, for a total transaction of $161,070.84. Following the completion of the transaction, the executive vice president now owns 57,668 shares in the company, valued at approximately $1,299,836.72. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 42.10% of the stock is owned by corporate insiders.
About Heartland Express
Heartland Express, Inc is a holding company. The Company is a short-to-medium haul truckload carrier. The Company focuses primarily on short- to medium-haul, asset-based dry van truckload services in regional markets near its terminals. The Company’s truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offers truckload temperature-controlled transportation services and non-asset based brokerage services.
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