TheStreet upgraded shares of Heartland Express (NASDAQ:HTLD) from a c rating to a b- rating in a report released on Monday morning.

Several other research firms have also weighed in on HTLD. Zacks Investment Research raised shares of Heartland Express from a sell rating to a hold rating in a report on Tuesday, January 9th. BidaskClub raised shares of Heartland Express from a hold rating to a buy rating in a report on Wednesday, December 27th. UBS Group raised their price objective on shares of Heartland Express from $22.00 to $23.00 and gave the stock a neutral rating in a report on Monday, October 30th. Finally, Barclays dropped their price objective on shares of Heartland Express from $21.00 to $20.00 and set an underweight rating for the company in a report on Wednesday, November 1st. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of $24.17.

Shares of Heartland Express (NASDAQ:HTLD) opened at $21.35 on Monday. The firm has a market cap of $1,676.05, a P/E ratio of 23.72, a PEG ratio of 1.78 and a beta of 0.47. Heartland Express has a fifty-two week low of $18.71 and a fifty-two week high of $25.22.

Heartland Express (NASDAQ:HTLD) last posted its quarterly earnings data on Monday, February 12th. The transportation company reported $0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.04). The firm had revenue of $165.00 million for the quarter, compared to analyst estimates of $190.22 million. Heartland Express had a return on equity of 8.01% and a net margin of 12.38%. The business’s quarterly revenue was up 17.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.16 EPS. equities research analysts predict that Heartland Express will post 0.75 earnings per share for the current fiscal year.

Several institutional investors have recently modified their holdings of HTLD. Hartford Investment Management Co. acquired a new stake in shares of Heartland Express in the third quarter valued at approximately $211,000. Crossmark Global Holdings Inc. acquired a new stake in shares of Heartland Express in the third quarter valued at approximately $238,000. Ramsey Quantitative Systems acquired a new stake in shares of Heartland Express in the fourth quarter valued at approximately $240,000. ETRADE Capital Management LLC acquired a new stake in shares of Heartland Express in the fourth quarter valued at approximately $244,000. Finally, Wrapmanager Inc. acquired a new stake in shares of Heartland Express in the fourth quarter valued at approximately $248,000. 59.44% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Heartland Express (NASDAQ:HTLD)

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