.png "Heartland Express (NASDAQ: HTLD)")
In a report released yesterday, Brandon Oglenski from Barclays maintained a Sell rating on Heartland Express (HTLD), with a price target of $18.00. The company’s shares closed last Monday at $21.42, close to its 52-week high of $22.29.
According to TipRanks.com, Oglenski is a 4-star analyst with an average return of 7.5% and a 57.5% success rate. Oglenski covers the Services sector, focusing on stocks such as Expeditors International, American Airlines, and Canadian Railway.
Currently, the analyst consensus on Heartland Express is a Hold with an average price target of $22.00.
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Based on Heartland Express’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $22.36 million. In comparison, last year the company had a net profit of $19.06 million.
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Heartland Express, Inc. is a holding company, which engages in the provision of short-to-medium haul truckload carrier services. It offers long haul truckload and regional truckload transportation. The company was founded by Russell A. Gerdin in 1978 and is headquartered in North Liberty, IA.
