The leading market experts have placed a mean price target of $17.00 on Heartland Express, Inc. (NASDAQ:HTLD) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.18 a share for the upcoming quarter and $0.76 for the current fiscal. Technical View The technical analysis of Heartland Express, Inc. plainly substantiates that the 50-day moving average of Heartland Express, Inc. is $17.95, and stock is hovering -0.86 or -4.78% distant from $17.95. It is noted that the 200-day MA is $17.83, and Heartland Express, Inc. stock is $-0.74 or -4.16% off from this point. Heartland Express, Inc. (NASDAQ:HTLD) 52-week high is $22.13 and the 52-week low is $15.36. This explains if the stock moves $-5.04, it will post a 52-week high. In event of $+11.26% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Heartland Express, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Heartland Express, Inc. (NASDAQ:HTLD) ratio came in at 21.07. The stock last ended the trading session at $17.09 and registered a market cap of $1.42B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Heartland Express, Inc. (NASDAQ:HTLD) PEG ratio is at 2.53.
1 Chart Pattern Every Investor Should Know