Heritage Global (HGBL) Stock Price, News & Analysis

Company Overview

Heritage Global Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company operates in three segments: Auction and Liquidation, Refurbishment & Resale, and Brokerage. It provides a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services. The company focuses on identifying, valuing, acquiring, and monetizing underlying tangible assets. It acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; and charged-off receivable portfolios. 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 founded in 1937 and is headquartered in San Diego, California.

Key Stats

• Today's Range: $1.96 to $2.02
• 50-Day Range: $1.98 to $2.36
• 52-Week Range: $1.52 to $2.74
• Volume: 53,885 shs
• Average Volume: 71,127 shs
• Market Capitalization: $70.99 million
• P/E Ratio: 7.14
• Dividend Yield: N/A
• Price Target: $4.00
• Consensus Rating: Buy

Heritage Global Stock Analysis - MarketRank™

Heritage Global scored higher than 64% of companies evaluated by MarketBeat, and ranked 516th out of 951 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Heritage Global has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Heritage Global has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Heritage Global is 7.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of Heritage Global is 7.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.53.

Price to Book Value per Share Ratio

Heritage Global has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.07% of the float of Heritage Global has been sold short.

Short Interest Ratio / Days to Cover

Heritage Global has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Heritage Global has recently decreased by 6.67%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Heritage Global does not currently pay a dividend.

Dividend Growth

Heritage Global does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.07% of the float of Heritage Global has been sold short.

Short Interest Ratio / Days to Cover

Heritage Global has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Heritage Global has recently decreased by 6.67%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Heritage Global insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $98,390.00 in company stock.

Percentage Held by Insiders

12.80% of the stock of Heritage Global is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 33.46% of the stock of Heritage Global is held by institutions.

HGBL Stock Analysis - Frequently Asked Questions

How have HGBL shares performed this year?

Heritage Global's stock was trading at $1.85 on January 1st, 2025. Since then, HGBL shares have increased by 8.1% and is now trading at $2.00.
View the best growth stocks for 2025 here.

How were Heritage Global's earnings last quarter?

Heritage Global Inc. (NASDAQ:HGBL) posted its quarterly earnings results on Thursday, March, 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.06. The company earned $10.77 million during the quarter, compared to analyst estimates of $12.30 million. Heritage Global had a trailing twelve-month return on equity of 16.05% and a net margin of 20.60%.
Read the conference call transcript.

Who are Heritage Global's major shareholders?

Heritage Global's top institutional investors include Parkside Advisors LLC (0.10%) and Wealth Enhancement Advisory Services LLC (0.07%). Insiders that own company stock include Topline Capital Management, Ll, Topline Capital Partners, Lp, Ross Dove, David Van Ludwig, Samuel L Shimer, Michael Hexner and Nicholas Kirk Dove.
View institutional ownership trends.

How do I buy shares of Heritage Global?

Shares of HGBL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Heritage Global own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Heritage Global investors own include Bristol-Myers Squibb (BMY), Comcast (CMCSA), Chevron (CVX), McKesson (MCK), Yum! Brands (YUM), Charles Schwab (SCHW) and Edwards Lifesciences (EW).

Company Calendar

• Last Earnings: 3/13/2025
• Today: 4/19/2025
• Next Earnings (Estimated): 5/08/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:HGBL
• CIK: 849145
• Web: www.heritageglobalinc.com
• Phone: (858) 847-0659
• Fax: 416-866-3061
• Employees: 60
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.00
• High Stock Price Target: $4.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +100.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.14
• Trailing P/E Ratio: 7.14
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $12.48 million
• Net Margins: 20.60%
• Pretax Margin: 23.77%
• Return on Equity: 16.05%
• Return on Assets: 11.90%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.78
• Quick Ratio: 1.56

Sales & Book Value

• Annual Sales: $45.36 million
• Price / Sales: 1.57
• Cash Flow: $0.34 per share
• Price / Cash Flow: 5.85
• Book Value: $1.64 per share
• Price / Book: 1.22

Miscellaneous

• Outstanding Shares: 35,495,000
• Free Float: 32,561,000
• Market Cap: $70.99 million
• Optionable: Not Optionable
• Beta: 1.23