Sidoti started coverage on shares of Heartland Express (NASDAQ:HTLD) in a research note released on Friday morning, TheFlyOnTheWall.com reports. The firm issued a neutral rating on the stock.
A number of other firms have also recently commented on HTLD. Analysts at RBC Capital upgraded shares of Heartland Express from a sector perform rating to an outperform rating in a research note to investors on Monday, November 25th. They now have a $21.00 price target on the stock, up previously from $16.00. Finally, analysts at Deutsche Bank raised their price target on shares of Heartland Express from $13.00 to $18.00 in a research note to investors on Wednesday, November 13th. They now have a hold rating on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of $17.85.
Shares of Heartland Express (NASDAQ:HTLD) traded up 0.38% on Friday, hitting $18.39. 492,983 shares of the company’s stock traded hands. Heartland Express has a 52-week low of $12.43 and a 52-week high of $18.64. The stock has a 50-day moving average of $16.19 and a 200-day moving average of $14.73. The company has a market cap of $1.560 billion and a price-to-earnings ratio of 22.90.
Heartland Express (NASDAQ:HTLD) last released its earnings data on Tuesday, October 15th. The company reported $0.19 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.19. The company had revenue of $130.60 million for the quarter, compared to the consensus estimate of $134.30 million. During the same quarter in the previous year, the company posted $0.15 earnings per share. The company’s revenue for the quarter was down 3.3% on a year-over-year basis. Analysts expect that Heartland Express will post $0.85 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, December 20th. Investors of record on Tuesday, December 10th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.44%. The ex-dividend date is Friday, December 6th.
In other Heartland Express news, Insider Thomas Hill sold 12,500 shares of Heartland Express stock on the open market in a transaction dated Monday, December 2nd. The shares were sold at an average price of $18.25, for a total transaction of $228,125.00. Following the completion of the sale, the insider now directly owns 9,000 shares in the company, valued at approximately $164,250. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Heartland Express, Inc (NASDAQ:HTLD) is a short-to-medium haul truckload carrier.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.