(HTLD) Heartland Express - Ratings and Ratios

Heartland Express, Inc. is a leading provider of truckload carrier and transportation services in North America, operating under multiple brand names including Heartland Express, Millis Transfer, Smith Transport, and CFI. The companys services cater to a diverse range of industries such as consumer goods, appliances, food products, and automotive, primarily serving retailers, manufacturers, and parcel carriers. With a history dating back to 1978, Heartland Express has established itself as a reputable player in the cargo ground transportation sub-industry.

From a business perspective, Heartland Expresss asset-based dry van truckload service is a key component of its operations, complemented by cross-border freight and temperature-controlled truckload services. The companys ability to provide nationwide coverage in the United States, Mexico, and Canada positions it well to capitalize on the growing demand for logistics and transportation services. Its customer base is diversified across various sectors, reducing dependence on any single industry.

Analyzing the , we observe that the stocks last price is $8.81, with its SMA20 at $8.80, indicating a potential bullish trend as it is about to cross above the SMA20. The SMA50 is at $8.53, further supporting the bullish outlook. However, the SMA200 at $10.46 suggests that the stock is currently trading below its long-term average, indicating potential resistance at this level. The ATR of 0.25 represents a 2.89% daily price range, signifying moderate volatility.

Considering the , Heartland Express has a market capitalization of $676.35M USD and a forward P/E ratio of 75.19, indicating that the stock might be overvalued relative to its expected earnings. The negative RoE of -3.46% is a concern, suggesting that the company is currently not generating profits for its shareholders. However, this could be a temporary setback, and the companys historical performance and industry position might indicate potential for recovery.

Based on the analysis of both and , a forecast for Heartland Express Inc. (HTLD) could be that the stock may experience a short-term bullish trend due to its SMA20 and SMA50 indicators. However, the high forward P/E ratio and negative RoE are potential concerns that could impact the stocks long-term performance. Investors should closely monitor the companys future earnings reports and industry trends to gauge its potential for recovery and growth. A potential trading strategy could involve buying the stock on a pullback to its SMA50, with a stop-loss below the 52W Low of $7.35, targeting a price near the SMA200 at $10.46.