The stock of Heartland Financial USA, Inc. (HTLF) has seen a 17.28% increase in the past week, with a 17.01% gain in the past month, and a 7.19% flourish in the past quarter. The volatility ratio for the week is 4.16%, and the volatility levels for the past 30 days are at 2.75% for HTLF. The simple moving average for the last 20 days is 19.77% for HTLF’s stock, with a simple moving average of 25.33% for the last 200 days.
Is It Worth Investing in Heartland Financial USA, Inc. (NASDAQ: HTLF) Right Now?
The price-to-earnings ratio for Heartland Financial USA, Inc. (NASDAQ: HTLF) is 24.48x, which is above its average ratio. Moreover, the 36-month beta value for HTLF is 1.04. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for HTLF is 39.59M and currently, short sellers hold a 1.65% of that float. On April 30, 2024, HTLF’s average trading volume was 271.02K shares.
HTLF) stock’s latest price update
The stock of Heartland Financial USA, Inc. (NASDAQ: HTLF) has increased by 15.15 when compared to last closing price of 35.72.Despite this, the company has seen a gain of 17.28% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-29 that The headline numbers for Heartland Financial (HTLF) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Analysts’ Opinion of HTLF
Many brokerage firms have already submitted their reports for HTLF stocks, with Raymond James repeating the rating for HTLF by listing it as a “Strong Buy.” The predicted price for HTLF in the upcoming period, according to Raymond James is $41 based on the research report published on February 29, 2024 of the current year 2024.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see HTLF reach a price target of $54. The rating they have provided for HTLF stocks is “Mkt Perform” according to the report published on December 13th, 2022.
DA Davidson gave a rating of “Neutral” to HTLF, setting the target price at $48 in the report published on October 06th of the previous year.
HTLF Trading at 21.09% from the 50-Day Moving Average
After a stumble in the market that brought HTLF to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 4.42% of gains for the given period.
Volatility was left at 2.75%, however, over the last 30 days, the volatility rate increased by 4.16%, as shares surge +20.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.51% upper at present.
During the last 5 trading sessions, HTLF rose by +17.28%, which changed the moving average for the period of 200-days by +36.33% in comparison to the 20-day moving average, which settled at $34.70. In addition, Heartland Financial USA, Inc. saw 9.36% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HTLF starting from Karrels Kevin C, who purchase 93 shares at the price of $34.49 back on Dec 31 ’23. After this action, Karrels Kevin C now owns 3,418 shares of Heartland Financial USA, Inc., valued at $3,208 using the latest closing price.
Lee Bruce K, the HTLF President and CEO of Heartland Financial USA, Inc., purchase 3,000 shares at $31.50 during a trade that took place back on Aug 14 ’23, which means that Lee Bruce K is holding 73,039 shares at $94,500 based on the most recent closing price.
Stock Fundamentals for HTLF
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 1.0 for the gross margin
The net margin for Heartland Financial USA, Inc. stands at 0.12. The total capital return value is set at 0.02. Equity return is now at value 4.36, with 0.40 for asset returns.
Based on Heartland Financial USA, Inc. (HTLF), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 0.66.
Currently, EBITDA for the company is 96.78 million with net debt to EBITDA at 2.63. When we switch over and look at the enterprise to sales, we see a ratio of 3.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.05.
Conclusion
To wrap up, the performance of Heartland Financial USA, Inc. (HTLF) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
