Added to YB: 2024-10-29
Pitch date: 2024-10-26
HTLD [bullish]
Heartland Express, Inc.
-26.89%
current return
Author Info
Manana Investing invests in public companies and shares their investment journal in their newsletter. Sign up for the newsletter.
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
$663.7M
Pitch Price
$11.33
Price Target
23.00 (+185%)
Dividend
0.95%
Sector
Ground Transportation
Category
value
HEARTLAND EXPRESS INC (NASDAQ: HTLD)
HTLD: Trucking co at 1x BV, 10x hist FCF. Recent acquisitions doubled rev but hurt OR. Mgmt aims for 85% OR by 2026. $23 PT (2x) on 15x P/E. Risks: prolonged downturn, failed turnaround. CEO owns 39.8%, buying shares. Undervalued terminals provide safety margin. Debt paydown ongoing.
Read full article (4 min)