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AMD   175.98 (-0.31%)
BABA   76.14 (+0.24%)
T   16.72 (-0.48%)
F   12.22 (+0.66%)
MU   89.24 (+3.77%)
CGC   3.49 (+3.87%)
GE   154.70 (+0.89%)
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PFE   27.37 (-1.40%)
PYPL   59.07 (-0.15%)
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NASDAQ:HGBL

Heritage Global (HGBL) Stock Price, News & Analysis

$2.92
0.00 (0.00%)
(As of 09:52 AM ET)
Today's Range
$2.92
$2.95
50-Day Range
$2.66
$2.97
52-Week Range
$2.25
$4.08
Volume
1,734 shs
Average Volume
65,542 shs
Market Capitalization
$108.48 million
P/E Ratio
6.21
Dividend Yield
N/A
Price Target
$5.25

Heritage Global MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
79.8% Upside
$5.25 Price Target
Short Interest
Healthy
0.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.33 out of 5 stars

Finance Sector

462nd out of 854 stocks

Business Services, Not Elsewhere Classified Industry

42nd out of 84 stocks


HGBL stock logo

About Heritage Global Stock (NASDAQ:HGBL)

Heritage Global Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company provides market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services. It focuses on identifying, valuing, acquiring, and monetizing underlying tangible and intangible assets. Heritage Global Inc. acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; charged-off receivable portfolios; and business enterprises. 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 incorporated in 1983 and is headquartered in San Diego, California.

HGBL Stock Price History

HGBL Stock News Headlines

7 Penny Stocks to Buy Before They Pop 7,000%
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Heritage Global Inc. (HGBL)
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Heritage Insurance: An Unjustified Premium
The Market’s Best Kept Secrets: 3 Stocks With Unstoppable Potential
See More Headlines
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Company Calendar

Last Earnings
8/10/2023
Today
2/26/2024
Next Earnings (Confirmed)
3/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:HGBL
Employees
75
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.25
High Stock Price Target
$6.00
Low Stock Price Target
$4.50
Potential Upside/Downside
+79.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$15.49 million
Pretax Margin
21.44%

Debt

Sales & Book Value

Annual Sales
$46.91 million
Cash Flow
$0.44 per share
Book Value
$1.31 per share

Miscellaneous

Free Float
32,694,000
Market Cap
$108.48 million
Optionable
Not Optionable
Beta
1.32
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Key Executives















HGBL Stock Analysis - Frequently Asked Questions

Should I buy or sell Heritage Global stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Global in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HGBL shares.
View HGBL analyst ratings
or view top-rated stocks.

What is Heritage Global's stock price target for 2024?

2 analysts have issued 12-month price objectives for Heritage Global's shares. Their HGBL share price targets range from $4.50 to $6.00. On average, they predict the company's share price to reach $5.25 in the next twelve months. This suggests a possible upside of 79.8% from the stock's current price.
View analysts price targets for HGBL
or view top-rated stocks among Wall Street analysts.

How have HGBL shares performed in 2024?

Heritage Global's stock was trading at $2.78 at the beginning of 2024. Since then, HGBL stock has increased by 5.0% and is now trading at $2.92.
View the best growth stocks for 2024 here
.

Are investors shorting Heritage Global?

Heritage Global saw a drop in short interest during the month of January. As of January 31st, there was short interest totaling 30,300 shares, a drop of 49.1% from the January 15th total of 59,500 shares. Based on an average daily trading volume, of 100,800 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.
View Heritage Global's Short Interest
.

When is Heritage Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our HGBL earnings forecast
.

How can I listen to Heritage Global's earnings call?

Heritage Global will be holding an earnings conference call on Thursday, March 14th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13744488".

How were Heritage Global's earnings last quarter?

Heritage Global Inc. (NASDAQ:HGBL) posted its quarterly earnings results on Thursday, August, 10th. The company reported $0.07 earnings per share for the quarter. The firm had revenue of $13.10 million for the quarter. Heritage Global had a trailing twelve-month return on equity of 34.60% and a net margin of 29.71%.

What other stocks do shareholders of Heritage Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Heritage Global investors own include Marinus Pharmaceuticals (MRNS), Fortescue (FSUGY), Centogene (CNTG) and Champion Iron (CHPRF).

Who are Heritage Global's major shareholders?

Heritage Global's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.10%), Wynnefield Capital Inc. (1.20%), Dimensional Fund Advisors LP (1.07%), Perritt Capital Management Inc. (0.92%), 1492 Capital Management LLC (0.82%) and Ridgewood Investments LLC (0.51%). Insiders that own company stock include Allan C Silber, Allan C Silber, Barbara A Sinsley, Brian J Cobb, David Van Ludwig, Michael Hexner, Nicholas Kirk Dove, Ross Dove, Samuel L Shimer, Topline Capital Management, Ll and Topline Capital Partners, Lp.
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.
Compare Top Brokerages Here.

This page (NASDAQ:HGBL) was last updated on 2/26/2024 by MarketBeat.com Staff