Analyst Ratings

Date	Action	Analyst	Rating	Target
May-08-26	Reiterated	Morgan Stanley	Equal Weight	$8.00 → $12
Apr-24-26	Reiterated	Robert W. Baird		$12 → $15
Apr-24-26	Reiterated	UBS	Neutral	$11 → $12
Feb-05-26	Reiterated	UBS	Neutral	$11
Jan-15-26	Reiterated	Morgan Stanley	Equal Weight	$8.00 → $9.00
Jan-05-26	Reiterated	Robert W. Baird		$8.00 → $12
Jan-05-26	Upgrade	Baird	Neutral → Outperform
Dec-08-25	Reiterated	Morgan Stanley	Equal Weight	$10 → $8.00
Nov-03-25	Reiterated	Robert W. Baird		$8.50 → $8.00
Oct-06-25	Reiterated	Morgan Stanley	Equal Weight	$18 → $10

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023
Total Revenue	762	806	1,048	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	693	738	937
Gross Profit	69	68	110
Selling, General and Administrative Excl. Other	66	66	60
Research and Development	0	0	0
Other Operating Expense	59	63	78
Operating Income	-56	-62	-28
Interest Expense	11	11	18
Unusual Expense	—	—	—
Non-Operating Income (Expense)	-11	-5	-9
Net Income Before Taxes	-55	-68	-37
Income Taxes	-12	-16	-7
Consolidated Net Income	-43	-52	-30
Net Income From Continuing Operations	-43	-52	-30
Net Income	-43	-52	-30
EPS (Recurring)	-0.56	-0.67	-0.38
EPS (Basic, Before Extraordinaries)	-0.56	-0.67	-0.38
EPS (Diluted)	-0.56	-0.67	-0.38
EBITDA	108	103	162
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	—	—	—
Price To Sales Ratio	1.46	0.87	—
Gross Margin	9.06	8.44	10.50
Operating Margin	-7.35	-7.69	-2.67
Net Margin	-5.64	-6.45	-2.86
Shares Outstanding	77	78	79
Market Capitalization	1,112	704	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Millis David Paul	Director	Jun 15 '26	Sale	15.67	31,402	492,091	28,387	Jun 17 12:00 AM
SPALDING DAVID P	Director	Jun 10 '26	Buy	15.69	2,000	31,380	2,000	Jun 12 12:00 AM
GERDIN MICHAEL J	director, 10 percent owner, officer, other: Chief Executive Officer	Aug 18 '25	Buy	8.19	24,798	203,036	1,491,868	Aug 18 12:00 AM
GERDIN MICHAEL J	director, 10 percent owner, officer, other: Chief Executive Officer	Aug 15 '25	Buy	8.20	3,888	31,882	1,467,070	Aug 18 12:00 AM
GERDIN MICHAEL J	director, 10 percent owner, officer, other: Chief Executive Officer	Aug 14 '25	Buy	8.20	1,314	10,775	1,463,182	Aug 18 12:00 AM
PRATT JAMES G	Director	May 14 '25	Buy	8.96	6,571	58,876	30,000	May 16 12:00 AM
Ann S. Gerdin Revocable Trust	10 percent owner, other: Co-Trustee of 10% Owner	May 12 '25	Buy	8.95	167,644	1,500,045	1,214,500	May 14 12:00 AM
Hupfeld Amanda	Director	May 12 '25	Buy	8.76	2,000	17,520	2,000	May 14 12:00 AM
GERDIN MICHAEL J	director, 10 percent owner, officer, other: Chief Executive Officer	May 09 '25	Buy	8.50	148,272	1,260,668	438,282	May 13 12:00 AM
Ann S. Gerdin Revocable Trust	10 percent owner, other: Co-Trustee of 10% Owner	May 08 '25	Buy	8.23	100,149	823,756	1,700,249	May 08 12:00 AM
Ann S. Gerdin Revocable Trust	10 percent owner, other: Co-Trustee of 10% Owner	May 07 '25	Buy	7.70	148,272	1,142,362	1,046,856	May 08 12:00 AM
Ann S. Gerdin Revocable Trust	10 percent owner, other: Co-Trustee of 10% Owner	May 06 '25	Buy	7.60	148,272	1,127,416	1,600,100	May 08 12:00 AM
GERDIN MICHAEL J	director, 10 percent owner, officer, other: Chief Executive Officer	May 05 '25	Buy	7.85	148,272	1,164,217	1,461,868	May 07 12:00 AM
Ann S. Gerdin Revocable Trust	10 percent owner, other: Co-Trustee of 10% Owner	Nov 18 '24	Buy	12.24	49,506	606,087	898,584	Nov 20 12:00 AM
GERDIN MICHAEL J	director, 10 percent owner, officer, other: Chief Executive Officer	Nov 12 '24	Buy	11.99	1,683	20,179	1,313,596	Nov 14 12:00 AM


Market Cap	1.11B	Forward P/E	28.64	EPS next Y	0.50	Insider Trans	-0.04%	Shs Float	-	Perf Month	3.51%


Enterprise Value	1.22B	PEG	0.46	EPS next Q	0.02	Inst Own	-	Short Float	-	Perf Quarter	50.73%


Income	-43417709.00	P/S	1.46	EPS this Y	103.71%	Inst Trans	-	Short Ratio	-	Perf Half Y	53.94%


Sales	762.56M	P/B	1.48	EPS next Y	2327.50%	ROA	-3.68%	Short Interest	-	Perf YTD	59.91%


Book/sh	9.67	P/C	12.81	EPS next 5Y	474.43%	ROE	-5.66%	52W High	16.64 -13.22%	Perf Year	67.71%


Cash/sh	0.57	P/FCF	-	EPS past 3/5Y	-	ROIC	-4.07%	52W Low	7.00 106.29%	Perf 3Y	-


Dividend Est.	0.08 (0.55%)	EV/EBITDA	11.31	Sales past 3/5Y	-5.92% 4.56%	Gross Margin	9.10%	Volatility	2.46% 2.31%	Perf 5Y	-


Dividend TTM	0.08 (0.55%)	EV/Sales	1.60	EPS Y/Y TTM	2.63%	Oper. Margin	-7.32%	ATR (14)	0.59	Perf 10Y	-


Dividend Ex-Date	Jun 23, 2026	Quick Ratio	1.27	Sales Y/Y TTM	-27.29%	Profit Margin	-5.69%	RSI (14)	46.29	Recom	2.67


Dividend Gr. 3/5Y	0.00% 0.00%	Current Ratio	1.27	EPS Q/Q	66.67%	SMA20	-5.62%	Beta	1.23	Target Price	13.00


Payout	-14.34%	Debt/Eq	0.20	Sales Q/Q	-19.63%	SMA50	6.05%	Rel Volume	2.19	Prev Close	14.33


Employees	5,220	LT Debt/Eq	0.20	Earnings	Jul 23	SMA200	38.76%	Avg Volume	562.95K	Price	14.44


IPO Date	Nov 05, 1986	Option/Short	Yes / Yes	EPS/Sales Surpr.	53.85% 0.57%	Net Debt/EBITDA	1.01	Volume	1,235,613	Change	0.77%

HTLD