Heartland Express, Inc (NASDAQ:HTLD) shares, rose in value on Friday, February 14, with price up by 0.89% to the previous day’s close as strong demand from buyers drove the stock to $11.39.
Actively observing the price movement in the last trading, the stock closed the session at $11.29, falling within a range of $11.27 and $11.44. The value of beta (5-year monthly) was 0.761. Referring to stock’s 52-week performance, its high was $13.67, and the low was $9.63. On the whole, HTLD has fluctuated by 2.06% over the past month.
With the market capitalization of Heartland Express, Inc currently standing at about $894.08 million, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.08, with its dividend yield at 0.70%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.03B, with a low estimate of 239.8M and a high estimate of 242.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 241.37M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HTLD’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of HTLD currently trading nearly -0.62% and -0.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.54, while the 7-day volatility ratio is showing 2.16% which for the 30-day chart, stands at 3.47%. Furthermore, Heartland Express, Inc (HTLD)’s beta value is 0.79, and its average true range (ATR) is 0.34.
A comparison of Heartland Express, Inc (HTLD) with its peers suggests the former has fared considerably weaker in the market. HTLD showed an intraday change of 0.89% in last session, and over the past year, it shrunk by -11.22%%.
Data on historical trading for Heartland Express, Inc (NASDAQ:HTLD) indicates that the trading volumes over the past 10 days have averaged 0.47 and over the past 3 months, they’ve averaged 406.51K. According to company’s latest data on outstanding shares, there are 78.52 million shares outstanding.
Nearly 43.89% of Heartland Express, Inc’s shares belong to company insiders and institutional investors own 51.35% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.99 million shares as on 2025-01-31, resulting in a short ratio of 2.32. According to the data, the short interest in Heartland Express, Inc (HTLD) stood at 255.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 1.38 million. The stock has risen by 1.52% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HTLD stock heading into the next quarter.
