Critical Comparison: Heartland Express (HTLD) versus Its Peers
Heartland Express (NASDAQ: HTLD) is one of 15 publicly-traded companies in the “Freight Trucking” industry, but how does it contrast to its competitors? We will compare Heartland Express to related businesses based on the strength of its valuation, analyst recommendations, earnings, dividends, profitability, risk and institutional ownership.
This is a summary of recent recommendations and price targets for Heartland Express and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Heartland Express Competitors||143||691||576||28||2.34|
Heartland Express currently has a consensus target price of $21.67, suggesting a potential downside of 5.63%. As a group, “Freight Trucking” companies have a potential upside of 14.30%. Given Heartland Express’ competitors stronger consensus rating and higher probable upside, analysts plainly believe Heartland Express has less favorable growth aspects than its competitors.
Institutional and Insider Ownership
60.9% of Heartland Express shares are held by institutional investors. Comparatively, 60.8% of shares of all “Freight Trucking” companies are held by institutional investors. 42.1% of Heartland Express shares are held by company insiders. Comparatively, 23.4% of shares of all “Freight Trucking” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Volatility & Risk
Heartland Express has a beta of 0.53, indicating that its share price is 47% less volatile than the S&P 500. Comparatively, Heartland Express’ competitors have a beta of 1.01, indicating that their average share price is 1% more volatile than the S&P 500.
Heartland Express pays an annual dividend of $0.08 per share and has a dividend yield of 0.3%. Heartland Express pays out 12.1% of its earnings in the form of a dividend. As a group, “Freight Trucking” companies pay a dividend yield of 0.6% and pay out 16.3% of their earnings in the form of a dividend.
This table compares Heartland Express and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Heartland Express Competitors||4.70%||9.92%||5.06%|
Valuation & Earnings
This table compares Heartland Express and its competitors gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Heartland Express||$548.88 million||$165.30 million||34.79|
|Heartland Express Competitors||$1.53 billion||$229.92 million||29.10|
Heartland Express’ competitors have higher revenue and earnings than Heartland Express. Heartland Express is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Heartland Express competitors beat Heartland Express on 8 of the 15 factors compared.
Heartland Express Company Profile
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. All tractors are equipped with mobile communication systems. Its primary customers include retailers and manufacturers. It provides nationwide asset-based dry van truckload service for shippers from Washington to Florida and New England to California. The Company provides truckload services across the United States and parts of Canada. As of December 31, 2016, it had operated 20 terminal facilities throughout the contiguous United States in addition to its terminal and corporate headquarters in North Liberty, Iowa.
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