For its third fiscal quarter (ending September 30), Heartland Financial USA Inc (NASDAQ: HTLF) has reported a 33% increase in E.P.S. from $1.08 a year ago to $1.44 in the current quarter. For the latest four quarters through September 30, E.P.S. were $1.78 versus $4.75 for the same period a year ago — a decline of -63%.
Recent Price Action
Heartland Financial USA Inc (NASDAQ: HTLF) stock declined slightly by -0.5% on 10/29/24. The stock closed at $57.79. However, below average trading volume at 82% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Heartland Financial USA has a slightly positive Appreciation Score of 64 and a very high Power Rating of 93, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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