Barclays Maintains Sell Rating for Heartland Express with $14 Target
Barclays reiterated its 'sell' rating on Heartland Express, Inc. with a price target of $14, a 8.02% downside from the current price.
Key Points
- On June 26, 2026, Barclays reiterated its 'sell' rating for Heartland Express, Inc. (HTLD) and set a price target of $14.
- Barclays's $14 price target implies 8.02% downside from Heartland Express, Inc.'s ($HTLD) current $15.22 share price.
- Shares of HTLD traded at $15.28 on Saturday, with a market cap of about $1.18 billion and a forward P/E of 30.04.
- Insider activity included sales by David Millis and Kris Eric Eickman, while Michael Gerdin made notable share transactions.
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Barclays reiterated its 'sell' rating for Heartland Express, Inc. (NasdaqGS: HTLD) on June 26, 2026, setting a price target of $14. Analyst Brandon Oglenski maintained this outlook, indicating a cautious perspective on the stock's future performance.
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Other Institutional Activity in Heartland Express
BlackRock, Inc. reduced its holdings in Heartland Express by 97,020 shares, bringing its total to 6,791,340 shares valued at approximately $70.63 million. Dimensional Fund Advisors LP increased its stake by 201,151 shares to a total of 3,873,653 shares worth about $40.28 million. Vanguard Capital Management LLC opened a new position with 2,242,432 shares valued at $23.32 million. State Street Corp added 103,959 shares, reaching a total of 2,065,866 shares valued at $21.53 million. American Century Companies Inc boosted its holdings by 188,331 shares to 1,830,343 shares, valued at around $19.04 million.
Heartland Express, Inc. Stock Up 25.0%
As of Saturday, shares of Heartland Express traded at $15.28. The company, with a market cap of approximately $1.18 billion, has a forward P/E ratio of 30.04 and a beta of 1.309. The stock's 52-week range spans from $7.00 to $16.64. Its 50-day moving average is $13.92, while its 200-day moving average stands at $10.53. The company has a current ratio of 1.27 and a quick ratio of 1.11, with a debt-to-equity ratio of 20.45.
$HTLD price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Heartland Express reported revenue of $762.5 million, though it faced a revenue decline of 19.7% recently. The company recorded a net margin of -5.69% and a return on equity of -5.58%. The next earnings release is expected on April 23, 2026.
Dividend
Heartland Express offers an annual dividend rate of $0.08, yielding 0.52% with a payout ratio of 42.11%.
Insider Buying and Selling at Heartland Express, Inc.
On June 15, 2026, David Paul Millis sold 31,402 shares at an average price of $15.67. Earlier, on June 10, 2026, David Spalding purchased 2,000 shares at $15.69. Notably, Michael Gerdin, CEO, made several transactions on May 19, 2026, involving 4,474,456 shares, both buying and selling.
Analysts Set New Price Targets
On June 26, 2026, Barclays maintained its 'sell' rating on Heartland Express with a $14 price target. Other analysts include UBS, which maintained a 'hold' rating with a $12 target on April 24, 2026, and JP Morgan, which also maintained a 'sell' rating with a $10 target. The consensus recommendation is 'hold', with an average target price of $12.40, based on five analyst opinions.
About Heartland Express, Inc.
Heartland Express, Inc. provides truckload carrier and transportation services across the United States, Mexico, and Canada. The company, headquartered in North Liberty, Iowa, offers dry van, cross-border freight, and temperature-controlled services under various brand names. Led by CEO Michael J. Gerdin, Heartland serves industries such as consumer goods, appliances, and automotive, employing around 3,630 people.
Bottom Line
Barclays' reiteration of a 'sell' rating with a $14 target reflects ongoing caution around Heartland Express's stock performance. As a key player in the trucking industry, Heartland Express's financials and operational moves are closely watched by investors. Remember, 13F filings and analyst reports provide a backward-looking view and might not represent current positions or future performance.
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