Heartland Express (NASDAQ:HTLD) was upgraded by analysts at Wolfe Research from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, TheFlyOnTheWall.com reports.
Shares of Heartland Express (NASDAQ:HTLD) traded up 25.00% on Tuesday, hitting $17.90. The stock had a trading volume of 2,480,572 shares. Heartland Express has a 52 week low of $12.43 and a 52 week high of $15.09. The stock’s 50-day moving average is $14.23 and its 200-day moving average is $14.22. The company has a market cap of $1.519 billion and a P/E ratio of 17.90.
Heartland Express (NASDAQ:HTLD) last issued its quarterly 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 prior year, the company posted $0.15 earnings per share. The company’s quarterly revenue 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.
HTLD has been the subject of a number of other recent research reports. Analysts at Stephens upgraded shares of Heartland Express from an “equal weight” rating to an “overweight” rating in a research note to investors on Tuesday. Analysts at JPMorgan Chase & Co. upgraded shares of Heartland Express from a “neutral” rating to an “overweight” rating in a research note to investors on Tuesday. They now have a $19.00 price target on the stock, up previously from $15.00. One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $16.50.
Heartland Express, Inc (NASDAQ:HTLD) is a short-to-medium haul truckload carrier.
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