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NASDAQ:HGBL

Heritage Global (HGBL) Stock Price, News & Analysis

Heritage Global logo
$1.63 +0.03 (+1.88%)
(As of 11/20/2024 ET)

About Heritage Global Stock (NASDAQ:HGBL)

Key Stats

Today's Range
$1.60
$1.63
50-Day Range
$1.58
$1.73
52-Week Range
$1.52
$3.09
Volume
35,227 shs
Average Volume
60,028 shs
Market Capitalization
$60.86 million
P/E Ratio
5.82
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

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.

Heritage Global Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
35th Percentile Overall Score

HGBL MarketRank™: 

Heritage Global scored higher than 35% of companies evaluated by MarketBeat, and ranked 716th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Heritage Global.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Heritage Global is 5.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Heritage Global is 5.82, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.55.

  • Price to Book Value per Share Ratio

    Heritage Global has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Heritage Global's valuation and earnings.
  • Percentage of Shares Shorted

    0.03% 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 0.1, 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 36.36%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Heritage Global does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    0.03% 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 0.1, 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 36.36%, indicating that investor sentiment is improving significantly.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Heritage Global this week, compared to 1 article on an average week.
  • Search Interest

    1 people have searched for HGBL on MarketBeat in the last 30 days.
  • 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 $16,100.00 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.

  • Read more about Heritage Global's insider trading history.
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HGBL Stock News Headlines

Comparing Worldline (OTCMKTS:WWLNF) & Heritage Global (NASDAQ:HGBL)
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Heritage Global Reports Decline in Revenue but Maintains Profitability
Craig-Hallum Sticks to Its Buy Rating for Heritage Global (HGBL)
See More Headlines

HGBL Stock Analysis - Frequently Asked Questions

Heritage Global's stock was trading at $2.78 at the beginning of 2024. Since then, HGBL shares have decreased by 41.4% and is now trading at $1.63.
View the best growth stocks for 2024 here
.

Heritage Global Inc. (NASDAQ:HGBL) posted its quarterly earnings data on Thursday, August, 8th. The company reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. The business earned $12.02 million during the quarter. Heritage Global had a trailing twelve-month return on equity of 16.05% and a net margin of 20.60%.

Heritage Global's top institutional shareholders include Koshinski Asset Management Inc. (2.84%), Wynnefield Capital Inc. (1.07%), Geode Capital Management LLC (0.90%) and Janus Henderson Group PLC (0.08%). Insiders that own company stock include Topline Capital Management, Ll, Topline Capital Partners, Lp, Ross Dove, David Van Ludwig, Samuel L Shimer, Michael Hexner, Nicholas Kirk Dove and Barbara A Sinsley.
View institutional ownership trends
.

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.
Compare Top Brokerages Here.

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
8/08/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/13/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Current Symbol
NASDAQ:HGBL
Employees
82
Year Founded
N/A

Profitability

Net Income
$12.48 million
Pretax Margin
23.77%

Debt

Sales & Book Value

Annual Sales
$60.54 million
Cash Flow
$0.37 per share
Book Value
$1.77 per share

Miscellaneous

Free Float
32,561,000
Market Cap
$60.86 million
Optionable
Not Optionable
Beta
1.19
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This page (NASDAQ:HGBL) was last updated on 11/21/2024 by MarketBeat.com Staff
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