Heartland Financial USA Inc (NASDAQ: HTLF) has reported E.P.S. of $1.16 for its first fiscal quarter (ending March 31) versus $1.19 for the same period a year ago — a decline of -3%. Relative to the consensus estimate of $1.09, this was a premium of $0.07. E.P.S. were $1.66 for the latest four quarters through March 31 versus $5.01 for the same period a year ago — a decline of -67%.
Recent Price Action
Heartland Financial USA Inc (NASDAQ: HTLF) stock enjoyed a major increase of 15.1% on 4/29/24. The shares closed at $41.13. Moreover, exceptionally high trading volume at 880% of normal accompanied the advance. The stock has risen 18.2% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HTLF is expected to continue to be a Value Builder.
Heartland Financial USA has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Heartland Financial USA has a slightly positive Power Rating of 69 and a good Appreciation Score of 81, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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