Heartland Express (HTLD) has an average broker rating of 3.81, which is interpreted as a Sell, as rated by 9 equity analysts. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 4 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Heartland Express (HTLD) : The most positive equity analysts on Heartland Express (HTLD) expects the shares to touch $19, whereas, the least positive believes that the stock will trade at $15 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $17.17 with an expected fluctuation of $1.6 from the mean.
Also, In a research note released to the investors, Morgan Stanley maintains its rating on Heartland Express (NASDAQ:HTLD).The analysts at the brokerage house have a current rating of Underweight on the shares. In a recent information released to the investors, Morgan Stanley lowers the new price target from $17 per share to $16 per share. The rating by the firm was issued on August 1, 2016.
Heartland Express (NASDAQ:HTLD): After opening at $18.95, the stock dipped to an intraday low of $18.78 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $19.65 and the buying power remained strong till the end. The stock closed at $19.55 for the day, a gain of 3.11% for the day session. The total traded volume was 543,201. The stocks close on the previous trading day was $18.96.
Heartland Express, Inc. (Heartland) is a holding company. The Company owns all of the stock of Heartland Express Inc. of Iowa, Gordon Trucking, Inc., (GTI), Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc., and A & M Express, Inc. The Company, together with its subsidiaries, is a short-to-medium haul truckload carrier of general commodities. The Company provides transportation services across the United States and parts of Canada. It offers primarily asset-based transportation services in the dry van truckload market and also offers truckload temperature-controlled transportation services and non-asset based brokerage services. It provides nationwide asset-based dry van truckload service for shippers from Washington to Florida and New England to California. The Company operates around 21 terminal facilities throughout the United States.