Heartland Financial USA, Inc. (NASDAQ:HTLF) does about 352.88K shares in volume on a normal day but saw 768252 shares change hands in Friday trading. The company now has a market cap of 1.88B USD. Its current market price is $43.94, marking an increase of 1.57% compared to the previous close of $43.26. The 52 week high reached by this stock is $43.53 whilst the lowest price level in 52 weeks is $26.10.
Heartland Financial USA, Inc. (HTLF) has a 20-day trading average at $36.53 and the current price is 0.94% off the 52-week high compared with 68.35% distance from its 52-week low. The 50-day simple moving average of the closing price is $34.86 and its 200-day simple moving average is $33.11. If we look at the stock’s price movements over the week, volatility stands at 3.74%, which decreases to 2.86% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 82.29 to suggest the stock is overbought.
The consensus objective for the share price is $50.00, suggesting that the stock has a potential upside of 12.12% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 29, 2024 when Raymond James upgraded the stock to “Strong Buy” and issued a price target of $41. Keefe Bruyette downgraded the stock to “Mkt Perform” from Outperform on December 13, 2022 at a price target of $54. DA Davidson downgraded its price target at $52-$48.
Heartland Financial USA, Inc. (HTLF) stock is up 23.01% over the week and 29.27% over the past month. Its price is 16.83% year-to-date and 45.50% over the past year.
To reach the target analysts have set, the stock logically needs to grow 12.12 percent from here.
The company has a return on investment of 3.01% and return on equity of 4.14%. The price to earnings ratio (P/E ratio) amounts to 26.62 while the forward price to earnings ratio is 9.45. The beta has a value of 0.97. Price to book ratio is 1.01 and price to sales ratio is 1.94.
