Michael Gerdin - Heartland Express Chairman and CEO

HTLD Stock  USD 9.28  0.06  0.64%   

Chairman

Mr. Michael J. Gerdin is Chairman of the Board, Chief Executive Officer, President and Director of Heartland Express Inc., since September 2, 2011. He has served as Chief Executive Officer and Chairman of the Board since September 2011. He was appointed President in 2006. Mr. Gerdin served as the Company Vice President of Regional Operations from 2001 until 2006. From 1998 to 2001, he was President of A M Express, Inc., a whollyowned subsidiary of the Company. From 1983 until 1998, Mr. Gerdin held a variety of positions within the Company, including positions in the operations, sales, safety, maintenance and driver recruiting departments. In addition, Mr. Gerdin also serves on the Board of Directors and the Executive Steering Committee of the Iowa Motor Truck Association, an educational and advocacy group for the trucking industry. Mr. Gerdin has served as a director of West Bancorporation and West Bank, a wholly owned subsidiary of West Bancorporation, Inc., since April 2013 since 2011.
Age 55
Tenure 14 years
Address 901 Heartland Way, North Liberty, IA, United States, 52317
Phone319 645 7060
Webhttps://www.heartlandexpress.com
Gerdin also serves on the Iowa State University College of Business Dean Advisory Council. The selection of Mr. Gerdin was based upon, among other things, his 33 years of industry experience and expertise, in addition to his exemplary leadership in all roles in which he has served as an employee and director of the Company.

Michael Gerdin Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Gerdin against Heartland Express stock is an integral part of due diligence when investing in Heartland Express. Michael Gerdin insider activity provides valuable insight into whether Heartland Express is net buyers or sellers over its current business cycle. Note, Heartland Express insiders must abide by specific rules, including filing SEC forms every time they buy or sell Heartland Express'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Heartland Express Management Efficiency

The company has return on total asset (ROA) of (0.0122) % which means that it has lost $0.0122 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0352) %, meaning that it created substantial loss on money invested by shareholders. Heartland Express' management efficiency ratios could be used to measure how well Heartland Express manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.03. In addition to that, Return On Capital Employed is expected to decline to -0.02. At present, Heartland Express' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 26.3 M, whereas Net Tangible Assets are forecasted to decline to about 441.9 M.
Heartland Express currently holds 208.61 M in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. Heartland Express has a current ratio of 2.29, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Heartland Express' use of debt, we should always consider it together with its cash and equity.

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Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada. The company was founded in 1978 and is headquartered in North Liberty, Iowa. Heartland Express operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 3180 people. Heartland Express (HTLD) is traded on NASDAQ Exchange in USA. It is located in 901 Heartland Way, North Liberty, IA, United States, 52317 and employs 5,220 people. Heartland Express is listed under Cargo Ground Transportation category by Fama And French industry classification.

Management Performance

Heartland Express Leadership Team

Elected by the shareholders, the Heartland Express' board of directors comprises two types of representatives: Heartland Express inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Heartland. The board's role is to monitor Heartland Express' management team and ensure that shareholders' interests are well served. Heartland Express' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Heartland Express' outside directors are responsible for providing unbiased perspectives on the board's policies.
Joshua Helmich, Controller VP
Kent Rigdon, Vice President of Sales
Paul Rowland, VP Admin
Todd Trimble, Vice President - Operations
Christopher Strain, Vice President Controller, Secretary
Michael Donovan, LLC Transport
Michael Gerdin, Chairman and CEO
Christopher CPA, Treasurer Finance
David Millis, Director Transfer
Brian Janssen, Vice Sales

Heartland Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Heartland Express a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Heartland Express is a strong investment it is important to analyze Heartland Express' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heartland Express' future performance. For an informed investment choice regarding Heartland Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Express. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heartland Express. If investors know Heartland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heartland Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Dividend Share
0.08
Earnings Share
(0.38)
Revenue Per Share
13.305
Quarterly Revenue Growth
(0.12)
The market value of Heartland Express is measured differently than its book value, which is the value of Heartland that is recorded on the company's balance sheet. Investors also form their own opinion of Heartland Express' value that differs from its market value or its book value, called intrinsic value, which is Heartland Express' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heartland Express' market value can be influenced by many factors that don't directly affect Heartland Express' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heartland Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartland Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartland Express' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.