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Heritage Global (HGBL)
:HGBL
HGBL Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.52 - $2.74
Previous CloseN/A
Volume41.47K
Average Volume (3M)65.58K
Market Cap
$80.93M
Enterprise Value$47.99M
Total Cash (Recent Filing)$4.27M
Total Debt (Recent Filing)$1.62M
Price to Earnings (P/E)16.3
Beta0.02
Next Earnings
May 08, 2025EPS Estimate
0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.14
Shares Outstanding35,495,056
10 Day Avg. Volume100,037
30 Day Avg. Volume65,579
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.78
Price to Cash Flow (P/CF)-3.70
P/FCF Ratio0.00
Enterprise Value/Market Cap0.59
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit1.21
Enterprise Value/Ebitda4.94
Forecast
1Y Price Target
$3.83Price Target Upside67.98% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
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Heritage Global News
PremiumCompany Announcements
Heritage Global’s Mixed Q4 2024 Earnings Call InsightsPremiumCompany Announcements
Heritage Global Reports Mixed Financial Results for 2024
PremiumCompany Announcements
Heritage Global Approves New CFO Compensation Plan
PremiumCompany Announcements
Heritage Global Reports Decline in Revenue but Maintains Profitability---
Bulls Say, Bears Say
Bulls Say
Financial PositionHGBL had $21.7M in cash, no debt, and is cash flow positive, so there should be no need to raise equity in the near term.
Future Growth ExpectationsManagement expects at least a 2-year period of sustained annual growth due to existing conditions and macroeconomic tailwinds.
ValuationHGBL shares currently trade at a significant discount to comparable companies, and the analyst believes this is not justified given HGBL's strong track record of profitability.
Bears Say
Auction ActivityHeritage's Q4 was a carbon copy of Q3, missing results, driven by tepid auction activity in its Industrial Asset (IA) business.
Financial PerformanceHGBL missed consensus on revenue, adjusted EBITDA, and EPS as its business of auctioning industrial assets had an unusually weak quarter.
Market ExpectationsManagement remains positive on the market opportunity but swung and missed on its expectation for a pickup in Q4, as some of the larger high-profile auctions failed to launch.
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Ownership Overview
13.15% Insiders
7.53% Mutual Funds
25.59% Other Institutional Investors
48.18% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
HGBL FAQ
What was Heritage Global’s price range in the past 12 months?
Heritage Global lowest stock price was $1.52 and its highest was $2.74 in the past 12 months.
What is Heritage Global’s market cap?
Heritage Global’s market cap is $80.93M.
When is Heritage Global’s upcoming earnings report date?
Heritage Global’s upcoming earnings report date is May 08, 2025 which is in 42 days.
How were Heritage Global’s earnings last quarter?
Heritage Global released its earnings results on Mar 13, 2025. The company reported -$0.01 earnings per share for the quarter, missing the consensus estimate of $0.065 by -$0.075.
Is Heritage Global overvalued?
According to Wall Street analysts Heritage Global’s price is currently Undervalued.
Does Heritage Global pay dividends?
Heritage Global does not currently pay dividends.
What is Heritage Global’s EPS estimate?
Heritage Global’s EPS estimate is 0.05.
How many shares outstanding does Heritage Global have?
Heritage Global has 35,495,056 shares outstanding.
What happened to Heritage Global’s price movement after its last earnings report?
Heritage Global reported an EPS of -$0.01 in its last earnings report, missing expectations of $0.065. Following the earnings report the stock price went up 12.919%.
Which hedge fund is a major shareholder of Heritage Global?
Currently, no hedge funds are holding shares in HGBL
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Heritage Global Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$3.83 (67.98% Upside)
$3.83 (67.98% Upside)
Hedge Fund Trend
Decreased
By 16.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 7.6%
Last 30 Days ▼ 10.7%
Last 30 Days ▼ 10.7%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-15.24%
12-Months-Change
Fundamentals
Return on Equity
8.21%
Trailing 12-Months
Asset Growth
-0.67%
Trailing 12-Months
Company Description
Heritage Global
Heritage Global, Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company provides market making, acquisitions, dispositions, valuations, and secured lending services. It focuses on identifying, valuing, acquiring, and monetizing underlying tangible and intangible assets. Heritage Global Inc. acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; accounts receivable portfolios; intellectual property; and business enterprises. The company was formerly known as Counsel RB Capital Inc. and changed its name to Heritage Global, Inc. in August 2013. Heritage Global, Inc. was incorporated in 1983 and is headquartered in San Diego, California.
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HGBL Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects mixed results for Heritage Global Inc., with some positive developments such as strong cash flow and financial positioning, but also notable challenges including decreased operating income and a net loss in Q4 2024. The company's proactive measures and market opportunities suggest potential for future growth, yet financial setbacks and non-performing loans remain areas of concern.Read More>---
HGBL Stock 12 Month Forecast
Average Price Target
$3.83
▲(67.98% Upside)
Technical Analysis
Altisource Portfolio Solutions SA
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Cintas
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Kar Auction Services
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ManpowerGroup
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RB Global
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Best Analysts Covering HGBL
1 Year
1 Year Success Rate
10/19 ratings generated profit
1 Year Average Return
+9.25%
reiterated a buy rating 11 days ago
Copying Michael Diana's trades and holding each position for 1 Year would result in 52.63% of your transactions generating a profit, with an average return of +9.25% per trade.
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