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14.48 (1y: +4%)
Market Cap 1.21 B P/E(ttm) 19.20
Enterprise Value 1.07 B P/B 4.20
HTLD- NAS (USA)
Heartland Express, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$14.48
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry		 vs
history
Cash to Debt No Debt
HTLD's Cash to Debt is ranked higher than
81% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.49 vs. HTLD: No Debt )
HTLD' s 10-Year Cash to Debt Range
Min: No Debt   Max: No Debt
Current: No Debt
Equity to Asset 0.61
HTLD's Equity to Asset is ranked higher than
88% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.38 vs. HTLD: 0.61 )
HTLD' s 10-Year Equity to Asset Range
Min: 0.61   Max: 0.75
Current: 0.61
0.61
0.75
Interest Coverage No Debt
HTLD's Interest Coverage is ranked higher than
75% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 12.85 vs. HTLD: No Debt )
HTLD' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 4
Z-Score: 6.58
M-Score: -2.94
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 17.40
HTLD's Operating margin (%) is ranked higher than
78% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 5.70 vs. HTLD: 17.40 )
HTLD' s 10-Year Operating margin (%) Range
Min: 15.7   Max: 21.6
Current: 17.4
15.7
21.6
Net-margin (%) 11.3
HTLD's Net-margin (%) is ranked higher than
78% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 3.20 vs. HTLD: 11.3 )
HTLD' s 10-Year Net-margin (%) Range
Min: 11.2   Max: 15.2
Current: 11.3
11.2
15.2
ROE (%) 21.2
HTLD's ROE (%) is ranked higher than
81% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 6.00 vs. HTLD: 21.2 )
HTLD' s 10-Year ROE (%) Range
Min: 15.4   Max: 22.2
Current: 21.2
15.4
22.2
ROA (%) 13.2
HTLD's ROA (%) is ranked higher than
90% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 2.40 vs. HTLD: 13.2 )
HTLD' s 10-Year ROA (%) Range
Min: 10.3   Max: 14.5
Current: 13.2
10.3
14.5
ROC (Joel Greenblatt) (%) 35.30
HTLD's ROC (Joel Greenblatt) (%) is ranked higher than
88% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 8.00 vs. HTLD: 35.30 )
HTLD' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 26.9   Max: 77.3
Current: 35.3
26.9
77.3
Revenue Growth (%) 5.9
HTLD's Revenue Growth (%) is ranked higher than
76% of the 433 Companies
in the Global Trucking industry.

( Industry Median: -1.80 vs. HTLD: 5.9 )
HTLD' s 10-Year Revenue Growth (%) Range
Min: -3.5   Max: 11.6
Current: 5.9
-3.5
11.6
EBITDA Growth (%) 4.1
HTLD's EBITDA Growth (%) is ranked higher than
88% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.50 vs. HTLD: 4.1 )
HTLD' s 10-Year EBITDA Growth (%) Range
Min: -3.5   Max: 15.5
Current: 4.1
-3.5
15.5
EPS Growth (%) 3.4
HTLD's EPS Growth (%) is ranked higher than
78% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 2.10 vs. HTLD: 3.4 )
HTLD' s 10-Year EPS Growth (%) Range
Min: -8.6   Max: 14.1
Current: 3.4
-8.6
14.1
ยป HTLD's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

HTLD Guru Trades in Q2 2012

Jim Simons 218,033 sh (+974.05%)
Joel Greenblatt 53,361 sh (+49.66%)
Tom Russo 16,899 sh (unchged)
Chuck Royce 688,366 sh (unchged)
Ruane Cunniff 101,057 sh (unchged)
Columbia Wanger 2,625,000 sh (unchged)
First Pacific Advisors 1,789,600 sh (-7.02%)
» More
Q3 2012

HTLD Guru Trades in Q3 2012

Steven Cohen 476,600 sh (New)
Joel Greenblatt 158,559 sh (+197.14%)
Jim Simons 430,860 sh (+97.61%)
Chuck Royce 688,366 sh (unchged)
First Pacific Advisors 1,789,600 sh (unchged)
Ruane Cunniff 101,057 sh (unchged)
Tom Russo 16,699 sh (-1.18%)
Columbia Wanger 2,505,000 sh (-4.57%)
» More
Q4 2012

HTLD Guru Trades in Q4 2012

Paul Tudor Jones 15,800 sh (New)
Tom Russo 16,699 sh (unchged)
Chuck Royce 688,366 sh (unchged)
Ruane Cunniff 101,057 sh (unchged)
First Pacific Advisors 1,781,200 sh (-0.47%)
Columbia Wanger 1,978,000 sh (-21.04%)
Joel Greenblatt 70,759 sh (-55.37%)
Jim Simons 189,600 sh (-55.99%)
Steven Cohen 31,081 sh (-93.48%)
» More
Q1 2013

HTLD Guru Trades in Q1 2013

Pioneer Investments 11,080 sh (New)
Joel Greenblatt 125,760 sh (+77.73%)
Paul Tudor Jones 26,400 sh (+67.09%)
First Pacific Advisors 1,790,400 sh (+0.52%)
Chuck Royce 688,366 sh (unchged)
Ruane Cunniff 101,057 sh (unchged)
Columbia Wanger Sold Out
Tom Russo 14,699 sh (-11.98%)
Steven Cohen 19,274 sh (-37.99%)
Jim Simons 100,633 sh (-46.92%)
» More
» Details

Insider Trades

Latest Guru Trades with HTLD

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Add 77.73%0.04%$13.07 - $14.12 $ 14.426%125760
Joel Greenblatt 2012-12-31 Reduce -55.37%0.08%$12.52 - $13.95 $ 14.428%70759
Joel Greenblatt 2012-09-30 Add 197.14%0.09%$12.98 - $14.55 $ 14.426%158559
Joel Greenblatt 2012-06-30 Add 49.66%0.02%$13.64 - $14.64 $ 14.422%53361
Meridian Funds 2011-12-31 Sold Out 0.25%$12.84 - $14.6 $ 14.424%0
Meridian Funds 2011-09-30 Reduce -42.89%0.18%$13.06 - $17.29 $ 14.42-3%502300
Joel Greenblatt 2011-09-30 Reduce -38.54%0.04%$13.06 - $17.29 $ 14.42-3%30637
Joel Greenblatt 2011-03-31 Add 369%0.24%$15.81 - $17.805 $ 14.42-12%56918
Meridian Funds 2011-03-31 Reduce -21.44%0.12%$15.81 - $17.805 $ 14.42-12%828700
Joel Greenblatt 2010-12-31 New Buy0.06%$14.43 - $16.67 $ 14.42-7%12136
George Soros 2010-12-31 Sold Out $14.43 - $16.67 $ 14.42-7%0
George Soros 2010-09-30 New Buy$14.21 - $16.31 $ 14.42-6%10800
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 19.20
HTLD's P/E(ttm) is ranked higher than
69% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 18.14 vs. HTLD: 19.20 )
HTLD' s 10-Year P/E(ttm) Range
Min: 10.77   Max: 31.17
Current: 19.2
10.77
31.17
P/B 4.20
HTLD's P/B is ranked lower than
84% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 1.13 vs. HTLD: 4.20 )
HTLD' s 10-Year P/B Range
Min: 2.04   Max: 5.15
Current: 4.2
2.04
5.15
P/S 2.27
HTLD's P/S is ranked lower than
79% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.61 vs. HTLD: 2.27 )
HTLD' s 10-Year P/S Range
Min: 1.42   Max: 4.01
Current: 2.27
1.42
4.01
PFCF 721.00
HTLD's PFCF is ranked lower than
82% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 15.02 vs. HTLD: 721.00 )
HTLD' s 10-Year PFCF Range
Min: 11.51   Max: 721
Current: 721
11.51
721
EV-to-EBIT 10.8
HTLD's EV-to-EBIT is ranked higher than
85% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 14.30 vs. HTLD: 10.8 )
HTLD' s 10-Year EV-to-EBIT Range
Min: 8.2   Max: 28.8
Current: 10.8
8.2
28.8
PEG 3.6
HTLD's PEG is ranked lower than
76% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 1.30 vs. HTLD: 3.6 )
HTLD' s 10-Year PEG Range
Min: 0.36   Max: 56.47
Current: 3.6
0.36
56.47
Shiller P/E 18.9
HTLD's Shiller P/E is ranked higher than
78% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 13.80 vs. HTLD: 18.9 )
HTLD' s 10-Year Shiller P/E Range
Min: 15.83   Max: 36.83
Current: 18.9
15.83
36.83

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.55
HTLD's Dividend Yield is ranked lower than
60% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 2.02 vs. HTLD: 0.55 )
HTLD' s 10-Year Dividend Yield Range
Min: 0.07   Max: 0.66
Current: 0.55
0.07
0.66
Dividend Payout 0.1061
HTLD's Dividend Payout is ranked higher than
96% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.61 vs. HTLD: 0.1061 )
HTLD' s 10-Year Dividend Payout Range
Min: 0.04   Max: 0.13
Current: 0.11
0.04
0.13
Yield on cost (5-Year) 0.60
HTLD's Yield on cost (5-Year) is ranked lower than
60% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 1.95 vs. HTLD: 0.60 )
HTLD' s 10-Year Yield on cost (5-Year) Range
Min: 0.07   Max: 0.66
Current: 0.6
0.07
0.66
Share Buyback Rate 1.4
HTLD's Share Buyback Rate is ranked higher than
95% of the 433 Companies
in the Global Trucking industry.

( Industry Median: -0.60 vs. HTLD: 1.4 )
HTLD' s 10-Year Share Buyback Rate Range
Min: 3.6   Max: 0
Current: 1.4

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 33.5
HTLD's Price/Net Current Asset Value is ranked higher than
93% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 8.00 vs. HTLD: 33.5 )
HTLD' s 10-Year Price/Net Current Asset Value Range
Min: 30.5   Max: 58.4
Current: 33.5
30.5
58.4
Price/Tangible Book 4.3
HTLD's Price/Tangible Book is ranked higher than
91% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 1.45 vs. HTLD: 4.3 )
HTLD' s 10-Year Price/Tangible Book Range
Min: 3   Max: 4.4
Current: 4.3
3
4.4
Price/DCF (Projected) 2
HTLD's Price/DCF (Projected) is ranked higher than
92% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 1.00 vs. HTLD: 2 )
HTLD' s 10-Year Price/DCF (Projected) Range
Min: 1.3   Max: 2.9
Current: 2
1.3
2.9
Price/Median PS Value 0.8
HTLD's Price/Median PS Value is ranked higher than
75% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.80 vs. HTLD: 0.8 )
HTLD' s 10-Year Price/Median PS Value Range
Min: 0.7   Max: 1.3
Current: 0.8
0.7
1.3
Price/Peter Lynch Fair Value 3.1
HTLD's Price/Peter Lynch Fair Value is ranked lower than
73% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 0.95 vs. HTLD: 3.1 )
HTLD' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.8   Max: 3.5
Current: 3.1
0.8
3.5
Price/Graham Number 2
HTLD's Price/Graham Number is ranked higher than
93% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 1.00 vs. HTLD: 2 )
HTLD' s 10-Year Price/Graham Number Range
Min: 1.5   Max: 2.3
Current: 2
1.5
2.3
Earnings Yield (Greenblatt) 9.30
HTLD's Earnings Yield (Greenblatt) is ranked higher than
91% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 7.10 vs. HTLD: 9.30 )
HTLD' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.5   Max: 12.2
Current: 9.3
3.5
12.2
Forward Rate of Return (Yacktman) 9.18
HTLD's Forward Rate of Return (Yacktman) is ranked higher than
79% of the 433 Companies
in the Global Trucking industry.

( Industry Median: 3.78 vs. HTLD: 9.18 )
HTLD' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 1.9   Max: 56.2
Current: 9.18
1.9
56.2

Business Description

Heartland was founded by Russell A. Gerdin in 1978 and became publicly traded in November 1986. It is a short-to-medium haul truckload carrier with corporate headquarters in North Liberty, Iowa and operating regional terminal locations in eleven states outside of Iowa. The Company provides regional dry van truckload services from its eleven regional operating centers plus its corporate headquarters. The Company transports freight for major shippers and generally earns revenue based on the number of miles per load delivered. The Company's primary traffic lanes are between customer locations east of the Rocky Mountains. In the second quarter of 2005, the Company expanded to the Western United States with the opening of a terminal in Phoenix, Arizona and complemented this expansion into the Western United States with the purchase of a terminal location near Dallas, Texas during the third quarter of 2008. The terminal location near Dallas, Texas opened in January 2009. The keys to maintaining a high level of service are the availability of late-model equipment and experienced drivers. Management believes that the Company's service standards and equipment accessibility have made it a core carrier to many of its major customers. The Company was founded by Russell A. Gerdin in 1978 and became publicly traded in November 1986. Its operations department focuses on the successful execution of customer expectations and providing consistent opportunity for the fleet of employee drivers and independent contractors, while maximizing equipment utilization. These objectives require a combined effort of marketing, regional operations managers, and fleet management. The Company emphasizes customer satisfaction through on-time performance, dependable late-model equipment, and consistent equipment availability to meet the volume requirements of its large customers. The Company also maintains a high trailer to tractor ratio, which facilitates the positioning of trailers at customer locations for convenient loading and unloading. This minimizes waiting time, which increases tractor utilization and promotes driver retention. Heartland operates nine specialized regional distribution operations in Atlanta, Georgia; Carlisle, Pennsylvania; Chester, Virginia; Columbus, Ohio; Jacksonville, Florida; Kingsport, Tennessee; Olive Branch, Mississippi; Phoenix, Arizona; and Seagoville, Texas (opened in January 2009) in addition to operations at its corporate headquarters in North Liberty, Iowa. The Company operates maintenance facilities at all regional distribution operating centers including the corporate headquarters along with a shop only location in O'Fallon, Missouri. The Company targets customers in its operating area with multiple, time-sensitive shipments, including those utilizing "just-in-time" manufacturing and inventory management. The truckload industry is competitive and fragmented with thousands of carriers of varying sizes. The Company competes w
Company Website
SEC Reports
Industry: Trucking
Compare:JBHT, NPEXY, ODFL, WERN, CNW
ยป More Articles for HTLD

Headlines

Articles On GuruFocus.com
Heartland Express Inc. Reports Operating Results (10-K) Feb 23 2011 
Heartland Express Inc. Reports Operating Results (10-Q) Nov 05 2010 
Heartland Express Inc. Reports Operating Results (10-Q) Aug 06 2010 
Heartland Express Inc. Reports Operating Results (10-Q) May 07 2010 
Richard Aster Jr Buys J.B. Hunt Transport Services Inc., Nyse Euronext, The Buckle Inc., Sells Vulca Nov 20 2009 
Heartland Express Inc. Reports Operating Results (10-Q) Aug 07 2009 
Heartland Express Inc. Reports Operating Results (10-Q) May 08 2009 
A Few Good Eggs: Markel Corporation (MKL), Staples (SPLS), and Heartland Express (HTLD) Feb 25 2009 

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