Heritage Global (NASDAQ:HGBL - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Thursday, May 8th. Analysts expect Heritage Global to post earnings of $0.04 per share and revenue of $11.91 million for the quarter.
Heritage Global (NASDAQ:HGBL - Get Free Report) last released its earnings results on Thursday, March 13th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.05 by ($0.06). The firm had revenue of $10.77 million during the quarter, compared to analysts' expectations of $12.30 million. Heritage Global had a net margin of 20.60% and a return on equity of 16.05%.
Heritage Global Price Performance
HGBL stock traded down $0.01 during midday trading on Tuesday, hitting $1.99. The stock had a trading volume of 109,847 shares, compared to its average volume of 71,026. The firm has a market cap of $70.55 million, a price-to-earnings ratio of 7.11 and a beta of 1.22. The business has a 50-day moving average of $2.10 and a two-hundred day moving average of $1.95. Heritage Global has a 52-week low of $1.52 and a 52-week high of $2.74.
Wall Street Analyst Weigh In
Separately, Lake Street Capital decreased their price target on shares of Heritage Global from $5.00 to $4.00 and set a "buy" rating for the company in a research note on Friday, March 14th.
Check Out Our Latest Report on HGBL
About Heritage Global
(
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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.
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