Heartland Express Stock Net Asset
| HTLD Stock | USD 11.22 0.25 2.18% |
Heartland Express fundamentals help investors to digest information that contributes to Heartland Express' financial success or failures. It also enables traders to predict the movement of Heartland Stock. The fundamental analysis module provides a way to measure Heartland Express' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Heartland Express stock.
Heartland |
Heartland Express Company Net Asset Analysis
Heartland Express' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Heartland Express Net Asset | 1.51 B |
Most of Heartland Express' fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Heartland Express is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Heartland Express has a Net Asset of 1.51 B. This is much higher than that of the Ground Transportation sector and significantly higher than that of the Industrials industry. The net asset for all United States stocks is notably lower than that of the firm.
Heartland Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heartland Express' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Heartland Express could also be used in its relative valuation, which is a method of valuing Heartland Express by comparing valuation metrics of similar companies.Heartland Express is currently under evaluation in net asset category among its peers.
Heartland Fundamentals
| Return On Equity | -0.027 | ||||
| Return On Asset | -0.0159 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 1.06 B | ||||
| Shares Outstanding | 78.5 M | ||||
| Shares Owned By Insiders | 35.70 % | ||||
| Shares Owned By Institutions | 52.16 % | ||||
| Number Of Shares Shorted | 1.38 M | ||||
| Price To Earning | 18.73 X | ||||
| Price To Book | 1.06 X | ||||
| Price To Sales | 0.83 X | ||||
| Revenue | 1.21 B | ||||
| Gross Profit | 284.38 M | ||||
| EBITDA | 243.08 M | ||||
| Net Income | 14.78 M | ||||
| Cash And Equivalents | 171.88 M | ||||
| Cash Per Share | 2.18 X | ||||
| Total Debt | 317.44 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 2.34 X | ||||
| Book Value Per Share | 10.52 X | ||||
| Cash Flow From Operations | 165.27 M | ||||
| Short Ratio | 3.72 X | ||||
| Earnings Per Share | (0.28) X | ||||
| Price To Earnings To Growth | 2.23 X | ||||
| Target Price | 11.8 | ||||
| Number Of Employees | 6.04 K | ||||
| Beta | 0.7 | ||||
| Market Capitalization | 900.36 M | ||||
| Total Asset | 1.51 B | ||||
| Retained Earnings | 1.06 B | ||||
| Working Capital | 45.8 M | ||||
| Current Asset | 136.44 M | ||||
| Current Liabilities | 66.17 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.44 % | ||||
| Net Asset | 1.51 B | ||||
| Last Dividend Paid | 0.08 |
About Heartland Express Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Heartland Express's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heartland Express using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heartland Express based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Heartland Express Piotroski F Score and Heartland Express Altman Z Score analysis. For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heartland Express. If investors know Heartland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heartland Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Heartland Express is measured differently than its book value, which is the value of Heartland that is recorded on the company's balance sheet. Investors also form their own opinion of Heartland Express' value that differs from its market value or its book value, called intrinsic value, which is Heartland Express' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heartland Express' market value can be influenced by many factors that don't directly affect Heartland Express' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heartland Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartland Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartland Express' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.