Heartland Express Inc. Hits New 52-Week High at $21.62 (HTLD)
Shares of Heartland Express (NASDAQ:HTLD) hit a new 52-week high during trading on Friday, StockRatingsNetwork.com reports. The stock traded as high as $21.62 and last traded at $21.25, with a volume of 300,637 shares trading hands. The stock had previously closed at $21.32.
Several analysts have recently commented on the stock. Analysts at KeyCorp raised their price target on shares of Heartland Express to $23.00 in a research note to investors on Friday, January 17th. Separately, analysts at Zacks upgraded shares of Heartland Express from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, January 2nd. They now have a $21.00 price target on the stock. Finally, analysts at UBS AG initiated coverage on shares of Heartland Express in a research note to investors on Tuesday, December 24th. They set a “hold” rating and a $19.00 price target on the stock. They noted that the move was a valuation call. Five analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $28.00.
Heartland Express has a one year low of $12.99 and a one year high of $21.60. The stock has a 50-day moving average of $19.85 and a 200-day moving average of $16.18. The company has a market cap of $1.787 billion and a price-to-earnings ratio of 26.65.
Heartland Express, Inc (NASDAQ:HTLD) is a short-to-medium haul truckload carrier.
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