Added to YB: 2026-04-10
Pitch date: 2026-04-08
HTLD [neutral]
Heartland Express, Inc.
-0.09%
current return
Author Info
Palm Valley Capital Management was founded on the bedrock of an absolute return investment process. Our goal is to deliver an attractive return over a full market cycle, consisting of both a bull and bear market. Sign up for the newsletter.
Company Info
Heartland Express, Inc., together with its subsidiaries, provides short, medium, and long-haul truckload carrier and transportation services in the United States, Mexico, and Canada.
Market Cap
$867.6M
Pitch Price
$11.14
Price Target
N/A
Dividend
0.71%
EV/EBITDA
9.74
P/E
-16.63
EV/Sales
1.25
Sector
Ground Transportation
Category
turnaround
Palm Valley Capital Management Q1 2026 holding update - Heartland Express (HTLD)
HTLD (trimmed position): Freight recession pressuring earnings but stabilizing. Mgmt sees recovery signs in volumes/rates. Industry excess capacity clearing via fleet cuts & tighter driver regs. Trucking cycle in early recovery; 2026 results expected below normalized levels. Position trimmed as stock approached full valuation despite improving outlook.
Read full article (1 min)