Research analysts at Deutsche Bank lifted their target price on shares of Heartland Express (NASDAQ:HTLD) from $13.00 to $18.00 in a report released on Wednesday, Analyst Ratings.Net reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price objective would indicate a potential upside of 2.80% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Stifel Nicolaus raised their price target on shares of Heartland Express from $16.00 to $19.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Wells Fargo & Co. upgraded shares of Heartland Express from a “market perform” rating to an “outperform” rating in a research note to investors on Wednesday. Finally, analysts at Wunderlich raised their price target on shares of Heartland Express from $14.50 to $18.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $17.35.
Heartland Express (NASDAQ:HTLD) traded up 1.33% during mid-day trading on Wednesday, hitting $17.51. The stock had a trading volume of 1,307,123 shares. Heartland Express has a 52-week low of $12.43 and a 52-week high of $18.14. The stock’s 50-day moving average is $14.32 and its 200-day moving average is $14.24. The company has a market cap of $1.485 billion and a price-to-earnings ratio of 21.60.
Heartland Express (NASDAQ:HTLD) last released its earnings data on Tuesday, October 15th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting the 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 $0.84 EPS for the current fiscal year.
Heartland Express, Inc (NASDAQ:HTLD) is a short-to-medium haul truckload carrier.
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