Heartland Express Plunges 24.46% Ahead of Earnings Report

On March 24, 2025, Heartland Express experienced a significant drop of 24.46% in pre-market trading, indicating a notable shift in investor sentiment towards the company.

Heartland Express, Inc. has seen a decline in its stock price, closing at $9.28 on March 21, 2025, which is 0.64% lower than the previous day. The stock's price movement ranged between $9.14 and $9.33 during the last trading session. The company's 52-week performance shows a high of $13.67 and a low of $9.11, with an overall decrease of 12.20% over the past month. The market capitalization of Heartland Express, Inc. is approximately $728.94 million, and investors are eagerly awaiting the company's earnings report scheduled for January 27, 2025. The company has a Forward Dividend ratio of 0.08 and a dividend yield of 0.86%.

Analysts have projected a consensus estimate of $241.37 million for the company's revenue for the upcoming quarter, with a range of $239.8 million to $242.3 million. This forecast suggests a potential decline of 10.71% in sales growth compared to the same period last year. Additionally, analysts expect the company's year-on-year revenue to reach $1.03 billion, representing a 1.40% decrease from the previous financial year. Technical indicators suggest that HTLD is a 100% Sell in the short, medium, and long term. Four analysts have given their forecast ratings for the stock, with three rating it as a Hold and one as a Sell. The average rating for the stock is Hold, which could present an opportunity for investors looking to increase their holdings in the company.

Heartland Express, Inc. has a beta value of 0.97 and an average true range (ATR) of 0.27. The Relative Strength Index (RSI, 14) is currently at 29.92, with a 7-day volatility ratio of 1.94% and a 30-day volatility ratio of 2.74%. Analysts have set an average 52-week price target of $17 for the company's stock, with a range of $14 to $18. To achieve the low price target, the stock would need to decrease by 50.86% from its current price, while reaching the high target would require a 93.97% increase. The median price target of $17 represents an 83.19% jump from the current price, which investors may welcome.