Loading...
Docoh

Heartland Express (HTLD)

Heartland Express is an irregular route truckload carrier based in North Liberty, Iowa serving customers with shipping lanes throughout the United States. Heartland focuses on medium to short haul regional freight, offering shippers industry leading on-time service so they can achieve their strategic goals for their customers.

HTLD stock data

Calendar

8 Aug 22
19 Aug 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 186.72M 186.72M 186.72M 186.72M 186.72M 186.72M
Cash burn (monthly) 5.41M (no burn) (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 9.08M n/a n/a n/a n/a n/a
Cash remaining 177.63M n/a n/a n/a n/a n/a
Runway (months of cash) 32.9 n/a n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
7 Mar 22 Jo Anne Borden Common Stock Grant Acquire A No No 0 1,000 0 4,648
1 Dec 21 Gerdin Michael J Common Stock Gift Dispose G Yes No 0 1,227,557 0 10,272,443
1 Dec 21 Gerdin Michael J Common Stock Gift Acquire G Yes No 0 1,227,557 0 8,705,789
1 Dec 21 Ann S. Gerdin Revocable Trust Common Stock Gift Acquire G No No 0 1,227,557 0 8,705,789
3 Nov 21 Tahira K Hira Common Stock Grant Acquire A No No 0 2,000 0 2,000
3 Nov 21 David Paul Millis Common Stock Grant Acquire A No No 0 600 0 26,249.92
12 Jul 21 Gerdin Michael J Common Stock Gift Dispose G Yes No 0 7,000,000 0 7,478,232
12 Jul 21 Gerdin Michael J Common Stock Gift Acquire G Yes No 0 7,000,000 0 11,500,000
12 Jul 21 Ann S. Gerdin Revocable Trust Common Stock Gift Dispose G No No 0 7,000,000 0 7,478,232
13F holders Current Prev Q Change
Total holders 158 167 -5.4%
Opened positions 18 22 -18.2%
Closed positions 27 21 +28.6%
Increased positions 62 65 -4.6%
Reduced positions 51 59 -13.6%
13F shares Current Prev Q Change
Total value 986.37M 994.06M -0.8%
Total shares 82.48M 82.54M -0.1%
Total puts 113.6K 107.8K +5.4%
Total calls 27.8K 24.2K +14.9%
Total put/call ratio 4.1 4.5 -8.3%
Largest owners Shares Value Change
HTLD Heartland Express 16.42M $0 0.0%
Gerdin Ann S 10.64M $179M 0.0%
American Century Companies 8.26M $114.9M +1.6%
American Century Investment Management 8.24M $138.67M 0.0%
BLK Blackrock 7.81M $108.66M +2.1%
Vanguard 5.24M $72.94M +1.5%
2009 Gerdin Heartland Trust, UTA July 15, 2009 4.25M $71.41M 0.0%
Dimensional Fund Advisors 2.98M $41.49M +6.4%
ArrowMark Colorado 2.55M $35.43M -3.0%
STT State Street 2.14M $29.81M -4.6%
Largest transactions Shares Bought/sold Change
Parametric Portfolio Associates 0 -306.18K EXIT
IVZ Invesco 688.28K -197.81K -22.3%
Dimensional Fund Advisors 2.98M +179.83K +6.4%
MS Morgan Stanley 550.29K +171.38K +45.2%
BLK Blackrock 7.81M +162.12K +2.1%
GS Goldman Sachs 437.42K +155.26K +55.0%
LGEN Legal & General 0 -140.92K EXIT
American Century Companies 8.26M +132.15K +1.6%
Millennium Management 536.39K +127.53K +31.2%
JPM JPMorgan Chase & Co. 304.01K -119.79K -28.3%

Financial report summary

?
Management Discussion
  • ITEM 2.       MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
  • This Item 2 contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are subject to the safe harbor created by such sections and the Private Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including without limitation: any projections of earnings, revenues, or other financial items; any statement of plans, strategies, and objectives of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; and any statements of belief and any statement of assumptions underlying any of the foregoing. Such statements may be identified by their use of terms or phrases such as “seek,” “expects,” “estimates,” “anticipates,” “projects,” “believes,” “hopes,” “plans,” “goals,” “intends,” “may,” “might,” “likely,” “will,” “should,” “would,” “could,” “potential,” “predict,” “continue,” “strategy,” “future,” “outlook,” and similar terms and phrases. Forward-looking statements are based on currently available operating, financial, and competitive information. In this Form 10-Q, statements relating to general trucking industry trends, including future demand and capacity, freight rates, operating ratio goals, anticipated revenue equipment sales and purchases, including revenue equipment gains, the used equipment market, and the availability of revenue equipment, future customer relationships, future growth and acquisitions, our ability to attract and retain drivers, future driver compensation, including possible driver compensation increases, future insurance and claims expense, the impact of changes in interest rates and tire prices, future liquidity, expected fuel costs, including strategies for managing fuel costs, the potential impact of pending litigation, our dividend policy, capital spending, including our mix of leased versus owned revenue equipment, future depreciation expense, our future repurchases of our shares, the anticipated impact of the COVID-19 pandemic, future cost reduction, including at Millis Transfer and Smith Transport, and our ability to react to changing market conditions, among others, are forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the sections entitled "Item 1A. Risk Factors," set forth in the Company's 2021 Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 25, 2022. Readers should review and consider such factors, along with various disclosures in our press releases, stockholder reports, and other filings with the Securities and Exchange Commission.
  • All such forward-looking statements speak only as of the date of this Quarterly Report. You are cautioned not to place undue reliance on such forward-looking statements. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or any change in the events, conditions, or circumstances on which any such statement is based.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: assessment, assumption, attestation, billion, Buyer, calculated, calculation, category, compete, deductible, deprecation, detailed, disposition, escrow, estate, exclusion, explained, extensive, facility, feedback, final, firm, fixed, founder, Franklin, frozen, guarantor, headquartered, inclusive, indefinite, independent, installment, inventory, lessee, lessor, lived, local, monthly, network, omitted, option, Pennsylvania, predetermined, public, real, registered, Roaring, scope, settlement, Smith, SOX, Spring, transaction, wage
Removed: identifiable, improvement, offsetting, permitting, reducing, unnecessary