Published on 7 Nov 2023 on Simply Wall St. via Yahoo Finance
Are Investors Undervaluing Heartland Express, Inc. (NASDAQ:HTLD) By 49%?
Key Insights
Heartland Express' estimated fair value is US$24.83 based on 2 Stage Free Cash Flow to EquityHeartland Express is estimated to be 49% undervalued based on current share price of US$12.57Our fair value estimate is 75% higher than Heartland Express' analyst price target of US$14.17
Today we will run through one way of estimating the intrinsic value of Heartland Express, Inc. (NASDAQ:HTLD) by projecting its future cash flows and then discounting them to today's value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Believe it or not, it's not too difficult to follow, as you'll see from our example!