Heartland Historical Financial Ratios
HTLD Stock | USD 11.08 0.18 1.60% |
Heartland Express is recently reporting on over 110 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 1.24 or Days Sales Outstanding of 26.18 will help investors to properly organize and evaluate Heartland Express financial condition quickly.
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About Heartland Financial Ratios Analysis
Heartland ExpressFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Heartland Express investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Heartland financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Heartland Express history.
Heartland Express Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Heartland Express stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Heartland Express sales, a figure that is much harder to manipulate than other Heartland Express multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Heartland Express dividend as a percentage of Heartland Express stock price. Heartland Express dividend yield is a measure of Heartland Express stock productivity, which can be interpreted as interest rate earned on an Heartland Express investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Heartland Express' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Heartland Express current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Express. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.At present, Heartland Express' Operating Cash Flow Per Share is projected to increase slightly based on the last few years of reporting. The current year's Average Payables is expected to grow to about 8.5 M, whereas Dividend Yield is forecasted to decline to 0.01.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0343 | 0.005217 | 0.005611 | 0.005331 | Price To Sales Ratio | 2.2 | 1.25 | 0.93 | 0.89 |
Heartland Express fundamentals Correlations
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Heartland Express Account Relationship Matchups
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Heartland Express fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 2.89 | 2.28 | 2.2 | 1.25 | 0.93 | 0.89 | |
Dividend Yield | 0.003803 | 0.004414 | 0.0343 | 0.005217 | 0.005611 | 0.005331 | |
Ptb Ratio | 2.52 | 2.03 | 1.84 | 1.42 | 1.3 | 1.24 | |
Days Sales Outstanding | 34.91 | 31.44 | 34.2 | 53.9 | 34.13 | 26.18 | |
Book Value Per Share | 8.35 | 8.9 | 9.14 | 10.84 | 10.95 | 11.5 | |
Free Cash Flow Yield | (0.0101) | (0.0173) | (0.00689) | 0.0282 | (0.0385) | (0.0365) | |
Operating Cash Flow Per Share | 1.78 | 1.79 | 2.2 | 1.55 | 2.47 | 2.09 | |
Stock Based Compensation To Revenue | 0.00346 | 0.003242 | 0.001894 | 0.001445 | 0.001342 | 0.001488 | |
Capex To Depreciation | 1.62 | 1.85 | 1.27 | 1.21 | 1.05 | 0.59 | |
Pb Ratio | 2.52 | 2.03 | 1.84 | 1.42 | 1.3 | 1.24 | |
Ev To Sales | 2.76 | 2.11 | 1.94 | 1.65 | 1.17 | 1.86 | |
Roic | 0.12 | (0.0373) | (0.0321) | (0.0758) | 0.0273 | 0.0287 | |
Inventory Turnover | 53.71 | 62.22 | 53.73 | 50.13 | 45.11 | 47.37 | |
Net Income Per Share | 0.89 | 0.87 | 1.0 | 1.69 | 0.19 | 0.18 | |
Days Of Inventory On Hand | 6.8 | 5.87 | 6.79 | 7.28 | 8.37 | 7.96 | |
Payables Turnover | 44.23 | 40.21 | 23.99 | 9.03 | 28.12 | 23.31 | |
Sales General And Administrative To Revenue | 0.0382 | 0.0368 | 0.0426 | 0.0416 | 0.0428 | 0.0356 | |
Pocfratio | 11.79 | 8.24 | 10.84 | 6.22 | 6.82 | 13.42 | |
Payout Ratio | 0.0907 | 0.0899 | 0.0918 | 0.58 | 0.0473 | 0.43 | |
Pfcf Ratio | (99.13) | (57.8) | (145.13) | 35.47 | (26.0) | (24.7) | |
Days Payables Outstanding | 8.25 | 9.08 | 15.22 | 40.44 | 12.98 | 17.33 | |
Income Quality | 2.02 | 2.01 | 2.53 | 1.56 | 11.19 | 11.74 | |
Pe Ratio | 23.65 | 20.81 | 16.88 | 9.07 | 76.26 | 80.07 | |
Ev To Free Cash Flow | (94.73) | (53.33) | (128.03) | 46.73 | (32.68) | (31.05) | |
Earnings Yield | 0.0423 | 0.0481 | 0.0592 | 0.11 | 0.0131 | 0.0125 | |
Intangibles To Total Assets | 0.22 | 0.2 | 0.21 | 0.25 | 0.28 | 0.29 | |
Net Debt To E B I T D A | (0.39) | (0.56) | (0.75) | 1.71 | 1.19 | 1.25 | |
Current Ratio | 2.39 | 2.72 | 3.26 | 1.47 | 1.37 | 2.21 | |
Tangible Book Value Per Share | 5.97 | 6.53 | 6.74 | 5.46 | 5.62 | 5.9 | |
Receivables Turnover | 10.46 | 11.61 | 10.67 | 6.77 | 10.7 | 12.83 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Heartland Express is a strong investment it is important to analyze Heartland Express' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heartland Express' future performance. For an informed investment choice regarding Heartland Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Express. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.
Quarterly Earnings Growth (0.66) | Dividend Share 0.08 | Earnings Share (0.28) | Revenue Per Share 13.697 | Quarterly Revenue Growth (0.12) |
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.