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Heritage Commerce Corp (HTBK)
NASDAQ:HTBK
Total Valuation
Heritage Commerce has a market cap or net worth of $508.91M. The enterprise value is $618.91M.
Market Cap$508.91M
Enterprise Value$618.91M
Share Statistics
Heritage Commerce has 61.61M shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding61.61M
Owened by Insiders2.71%
Owened by Instutions14.45%
Financial Efficiency
Heritage Commerce’s return on equity (ROE) is 0.06 and return on invested capital (ROIC) is 1.17%.
Return on Equity (ROE)5.88%
Return on Assets (ROA)0.72%
Return on Invested Capital (ROIC)1.17%
Return on Capital Employed (ROCE)1.63%
Revenue Per Employee$493,498.551
Profits Per Employee$117,472.464
Employee Count345
Asset Turnover0.03
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Heritage Commerce is 14.18. Heritage Commerce’s PEG ratio is -0.38.
PE Ratio14.18
PS Ratio3.38
PB Ratio0.83
Price to Fair Value0.83
Price to FCF15.39
Price to Operating Cash Flow14.75
PEG Ratio-0.38
Income Statement
In the last 12 months, Heritage Commerce had revenue of $170.26M and earned $40.53M in profits. Earnings per share was $0.66.
Revenue$170.26M
Gross Profit$170.26M
Operating Income$90.66M
Pretax Income$56.67M
Net Income$40.53M
EBITDA0.00
Earnings Per Share (EPS)0.66
Cash Flow
In the last 12 months, operating cash flow was $38.41M and capital expenditures -$1.52M, giving a free cash flow of $36.79M billion.
Operating Cash Flow$38.41M
Free Cash Flow$36.79M
Free Cash Flow per Share$0.60
Dividends & Yields
Heritage Commerce pays an annual dividend of $0.13, resulting in a dividend yield of 6.30%
Dividend Per Share$0.13
Dividend Yield6.30%
Payout Ratio78.18%
Free Cash Flow Yield6.50%
Earnings Yield7.05%
Stock Price Statistics
Beta0.81
52-Week Price Change10.13%
50-Day Moving Average9.79
200-Day Moving Average9.63
Relative Strength Index (RSI)38.05
Average Volume (3m)344.08K
Important Dates
Heritage Commerce upcoming earnings date is Apr 24, 2025, After Close.
Last Earnings DateJan 23, 2025
Next Earnings DateApr 24, 2025
Ex-Dividend DateFeb 6, 2025
Financial Position
Heritage Commerce as a current ratio of 0.31, with Debt / Equity ratio of 0.06
Current Ratio0.31
Quick Ratio0.31
Debt to Market Cap0.07
Net Debt to EBITDA0.00
Interest Coverage Ratio0.00
Taxes
In the past 12 months, Heritage Commerce has paid $16.15M in taxes.
Income Tax$16.15M
Effective Tax Rate28.49%
Enterprise Valuation
Heritage Commerce EV to EBITDA ratio is 0.00, with an EV/FCF ratio of 15.65.
EV to Sales3.43
EV to EBITDA0.00
EV to Free Cash Flow15.65
EV to Operating Cash Flow15.00
Balance Sheet
Heritage Commerce has $286.14K in cash and marketable securities with $39.65M in debt, giving a net cash position of $39.37M billion.
Cash & Marketable Securities$286.14K
Total Debt$39.65M
Net Cash$39.37M
Net Cash Per Share$0.64
Tangible Book Value Per Share$8.42
Margins
Gross margin is 100.00%, with operating margin of 53.25%, and net profit margin of 23.80%.
Gross Margin100.00%
Operating Margin53.25%
Pretax Margin33.29%
Net Profit Margin23.80%
EBITDA Margin0.00%
EBIT Margin0.08%
Analyst Forecast
The average price target for Heritage Commerce is $11.83, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target$11.83
Price Target Upside43.22%
Analyst ConsensusStrong Buy
Analyst Count4
Revenue Growth Forecast3.35%
EPS Growth Forecast-37.36%