The P/E ratio for Heartland Express stock stands at 56.68 as of May 3, 2024. This takes into account the latest EPS of $0.19 and stock price of $10.77. An increase of 47% has been observed in the PE ratio compared to its average of 38.5 of the past four quarters.
Over the last ten years, the average PE ratio of Heartland Express has been 23.59. The current 56.68 price-to-earnings ratio is 140% more than the historical average. Analyzing the last ten years, HTLD's PE ratio reached its highest point in the Dec 2023 quarter at 75.05, with a price of $14.26 and an EPS of $0.19. The Jun 2022 quarter saw the lowest point at 7.95, with a price of $13.91 and an EPS of $1.75.
Maximum annual increase: 726.54% in 2023
Maximum annual decrease: -46.02% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 75.05 | 726.54% |
| 2022 | 9.08 | -46.02% |
| 2021 | 16.82 | -19.13% |
| 2020 | 20.8 | -12.05% |
| 2019 | 23.65 | 13.7% |
| 2018 | 20.8 | -19.78% |
| 2017 | 25.93 | -13.39% |
| 2016 | 29.94 | 47.78% |
| 2015 | 20.26 | -27.25% |
| 2014 | 27.85 | 17.81% |
Currently, HTLD's PE ratio is above its 3, 5 and 10-year averages.
When compared to its peer KNX, HTLD's PE ratio is lower, but it is higher than WERN's and MRTN's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MRTN Marten Transport Ltd | 20.05 | $1.42B |
| WERN Werner Enterprises Inc | 20.51 | $2.3B |
| PTSI Pam Transportation Services Inc | 20.77 | $379.88M |
| HTLD Heartland Express Inc | 56.68 | $851.37M |
| KNX Knight-Swift Transportation Holdings Inc | 69.22 | $7.61B |
The price to earnings ratio for HTLD stock is 56.68 as of May 3, 2024.
The average PE ratio for HTLD stock over the past 3 years is 22.28.
The average PE ratio for HTLD stock over the past 5 years is 22.24.
The highest quarterly PE ratio in the last ten years has been 75.05 and it was in the Dec 2023 quarter.
HTLD's price to earnings ratio is currently 140% above its 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 3, 2024), Heartland Express's share price is $10.77. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.19. Therefore, Heartland Express's price to earnings ratio for today is 56.68. PE RATIO(56.68) = STOCK PRICE($10.77) / TTM EPS($0.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.