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Heritage Global Inc (HGBL)
NASDAQ:HGBL
HGBL Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.52 - $3.09
Previous CloseN/A
Volume41.47K
Average Volume (3M)56.39K
Market Cap
$78.42M
Enterprise Value$39.66M
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)7.4
Beta-0.04
Next Earnings
Mar 13, 2025EPS Estimate
0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.28
Shares Outstanding37,341,187
10 Day Avg. Volume54,626
30 Day Avg. Volume56,389
Standard Deviation0.18
R-Squared0.11
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.57
Price to Cash Flow (P/CF)3.60
P/FCF Ratio3.60
Enterprise Value/Market Cap0.51
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit1.00
Enterprise Value/Ebitda4.08
Forecast
1Y Price Target
$4.50Price Target Upside121.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
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Heritage Global News
PremiumCompany Announcements
Heritage Global Approves New CFO Compensation Plan
PremiumCompany Announcements
Heritage Global Reports Decline in Revenue but Maintains Profitability
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Bulls Say, Bears Say
Bulls Say
Analyst RecommendationAnalyst reiterates Buy rating, expecting a return of 160% to the $5.00 price target.
Future ProspectsManagement is very bullish due to the backlog of large auctions and a robust pipeline of both auctions and charged-off loans to be brokered.
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
Financial PerformanceHGBL missed consensus on revenue, adjusted EBITDA, and EPS due to an unusually weak quarter in auctioning industrial assets, with larger auctions delayed likely until 4Q24.
Loan DefaultHGBL missed consensus on revenue and EPS as the largest borrower from Heritage Global Capital defaulted on its $25M loan secured by credit card receivables.
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Ownership Overview
11.84% Insiders
7.18% Mutual Funds
24.33% Other Institutional Investors
51.36% 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 Inc’s price range in the past 12 months?
Heritage Global Inc lowest stock price was $1.52 and its highest was $3.09 in the past 12 months.
What is Heritage Global Inc’s market cap?
Heritage Global Inc’s market cap is $78.42M.
When is Heritage Global Inc’s upcoming earnings report date?
Heritage Global Inc’s upcoming earnings report date is Mar 13, 2025 which is in 18 days.
How were Heritage Global Inc’s earnings last quarter?
Heritage Global Inc released its earnings results on Nov 07, 2024. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.067 by -$0.037.
Is Heritage Global Inc overvalued?
According to Wall Street analysts Heritage Global Inc’s price is currently Undervalued.
Does Heritage Global Inc pay dividends?
Heritage Global Inc does not currently pay dividends.
What is Heritage Global Inc’s EPS estimate?
Heritage Global Inc’s EPS estimate is 0.07.
How many shares outstanding does Heritage Global Inc have?
Heritage Global Inc has 37,341,187 shares outstanding.
What happened to Heritage Global Inc’s price movement after its last earnings report?
Heritage Global Inc reported an EPS of $0.03 in its last earnings report, missing expectations of $0.067. Following the earnings report the stock price went down -4.118%.
Which hedge fund is a major shareholder of Heritage Global Inc?
Currently, no hedge funds are holding shares in HGBL
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Heritage Global Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$4.50 (121.67% Upside)
$4.50 (121.67% Upside)
Hedge Fund Trend
Decreased
By 16.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 5.4%
Last 30 Days ▲ 5.4%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-29.61%
12-Months-Change
Fundamentals
Return on Equity
16.77%
Trailing 12-Months
Asset Growth
4.84%
Trailing 12-Months
Company Description
Heritage Global Inc
Heritage Global Inc is a diversified financial services company. The firm provides acquisition, disposition, valuation, and lending services for surplus and distressed assets. It specializes in acting as an adviser, as well as acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, accounts receivable portfolios, and intellectual property.
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HGBL Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were significant improvements in balance sheet strength and strategic growth opportunities in the auction and brokerage segments, the company faced setbacks in industrial income and lending challenges. The sentiment is cautiously optimistic with a focus on future growth potential.Read More>---
HGBL Stock 12 Month Forecast
Average Price Target
$4.50
▲(121.67% 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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Ritchie Bros
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Best Analysts Covering HGBL
1 Year
1 Year Success Rate
9/18 ratings generated profit
1 Year Average Return
+6.72%
reiterated a buy rating 3 months ago
Copying Michael Diana's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +6.72% per trade.
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