Published on 15 Apr 2024 on Simply Wall St. via Yahoo Finance
Are Investors Undervaluing Heartland Express, Inc. (NASDAQ:HTLD) By 33%?
Key Insights
The projected fair value for Heartland Express is US$16.27 based on 2 Stage Free Cash Flow to EquityHeartland Express is estimated to be 33% undervalued based on current share price of US$10.89 The US$12.80 analyst price target for HTLD is 21% less than our estimate of fair value
Does the April share price for Heartland Express, Inc. (NASDAQ:HTLD) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by taking the expected future cash flows and discounting them to their present value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. It may sound complicated, but actually it is quite simple!