Added to YB: 2025-04-16
Pitch date: 2025-04-14
HTLD [bullish]
Heartland Express, Inc.
+37.4%
current return
Author Info
Company Info
Heartland Express, Inc., together with its subsidiaries, operates as a short, medium, and long-haul truckload carrier and transportation services provider in the United States, Mexico, and Canada.
Market Cap
$873.6M
Pitch Price
$8.36
Price Target
30.56 (+166%)
Dividend
0.71%
EV/EBITDA
6.68
P/E
-16.75
EV/Sales
1.26
Sector
Ground Transportation
Category
turnaround
Heartland Express Update from JPMorgan Industrials Conference: $HTLD
HTLD: Best freight market in 3 years; rejections up from 100 to 1,100 loads/week. Almost breakeven in Q4 (-$1.9M) vs -$9.2M in Q3. $295M debt paid since 2022, $193M remains. Market normalizing; target $30.56 (4x) by 2027 on return to 2x P/S. Young fleet (2.5yr) & surplus trailers mitigate capex concerns.
Read full article (6 min)