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Heartland Express (NASDAQ:HTLD) was downgraded by equities researchers at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research report issued on Tuesday, TheFlyOnTheWall.com reports. They currently have a $19.00 price target on the stock, down from their previous price target of $105.00. Stifel Nicolaus’ target price suggests a potential downside of 3.16% from the stock’s previous close. The analysts noted that the move was a valuation call.

Other equities research analysts have also recently issued reports about the stock. Analysts at BB&T Corp. upgraded shares of Heartland Express from a “hold” rating to a “buy” rating in a research note to investors on Monday, December 23rd. They now have a $25.00 price target on the stock. Separately, analysts at Sidoti initiated coverage on shares of Heartland Express in a research note to investors on Friday, December 6th. They set a “neutral” rating on the stock. Finally, analysts at RBC Capital upgraded shares of Heartland Express from a “sector perform” rating to an “outperform” rating in a research note to investors on Monday, November 25th. They now have a $21.00 price target on the stock, up previously from $16.00. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $19.08.

Shares of Heartland Express (NASDAQ:HTLD) traded up 0.10% on Tuesday, hitting $19.62. 264,624 shares of the company’s stock traded hands. Heartland Express has a 52-week low of $12.98 and a 52-week high of $20.09. The stock has a 50-day moving average of $18.35 and a 200-day moving average of $15.2. The company has a market cap of $1.664 billion and a price-to-earnings ratio of 24.50.

Heartland Express (NASDAQ:HTLD) last released its earnings data on Tuesday, October 15th. The company reported $0.19 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.19. The company had revenue of $130.60 million for the quarter, compared to the consensus estimate of $134.30 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. The company’s quarterly revenue was down 3.3% on a year-over-year basis. Analysts expect that Heartland Express will post $0.85 EPS for the current fiscal year.

Heartland Express, Inc (NASDAQ:HTLD) is a short-to-medium haul truckload carrier.

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