Added to YB: 2024-10-29
Pitch date: 2024-10-26
HTLD [bullish]
Heartland Express, Inc.
+7.48%
current return
Author Info
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Company Info
Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium, and long-haul truckload carrier in the United States and Canada.
Market Cap
EUR 959.2M
Pitch Price
EUR 11.37
Price Target
23.00 (+88%)
Dividend
0.65%
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.
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