Heritage Global Stock Forecast, Price & News

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

Wall Street analysts have given Heritage Global a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Heritage Global wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Heritage Global saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 18,800 shares, a decline of 38.2% from the March 31st total of 30,400 shares. Based on an average daily trading volume, of 200,800 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.
View Heritage Global's Short Interest.

Heritage Global is scheduled to release its next quarterly earnings announcement on Thursday, May 13th 2021.
View our earnings forecast for Heritage Global.

Heritage Global Inc. (NASDAQ:HGBL) posted its earnings results on Sunday, March, 7th. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.09. The business had revenue of $8.33 million for the quarter. Heritage Global had a trailing twelve-month return on equity of 33.36% and a net margin of 16.67%.
View Heritage Global's earnings history.

Heritage Global's stock was trading at $0.96 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HGBL shares have increased by 215.6% and is now trading at $3.03.
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2 brokers have issued 1-year price objectives for Heritage Global's shares. Their forecasts range from $4.00 to $5.00. On average, they anticipate Heritage Global's share price to reach $4.50 in the next twelve months. This suggests a possible upside of 48.5% from the stock's current price.
View analysts' price targets for Heritage Global or view top-rated stocks among Wall Street analysts.

Some companies that are related to Heritage Global include Priority Technology (PRTH), Limelight Networks (LLNW), Emerald (EEX), Digital Media Solutions (DMS), comScore (SCOR), Quhuo (QH), The9 (NCTY), ICTS International (ICTSF), Points International (PCOM), Waitr (WTRH), RTCORE (PPPS), DHI Group (DHX), PaySign (PAYS), PFSweb (PFSW) and MOGU (MOGU).
View all of HGBL's competitors.

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

Heritage Global trades on the NASDAQ under the ticker symbol "HGBL."

Heritage Global's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Koshinski Asset Management Inc. (2.56%), Geode Capital Management LLC (0.37%) and Ridgewood Investments LLC (0.37%). Company insiders that own Heritage Global stock include Allan C Silber, David Van Ludwig, Ross Dove, Scott Allen West, Topline Capital Management, Ll and Topline Capital Partners, Lp.
View institutional ownership trends for Heritage Global.

HGBL stock was bought by a variety of institutional investors in the last quarter, including Koshinski Asset Management Inc., Geode Capital Management LLC, and Ridgewood Investments LLC. Company insiders that have bought Heritage Global stock in the last two years include David Van Ludwig, Ross Dove, Scott Allen West, Topline Capital Management, Ll, and Topline Capital Partners, Lp.
View insider buying and selling activity for Heritage Global or or view top insider-buying stocks.

Shares of HGBL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HGBL stock can currently be purchased for approximately $3.03.

Heritage Global has a market capitalization of $108.09 million and generates $26.17 million in revenue each year. The company earns $3.90 million in net income (profit) each year or $0.15 on an earnings per share basis.

Heritage Global employs 46 workers across the globe.

The official website for Heritage Global is www.heritageglobalinc.com.

Heritage Global is headquartered at 12625 HIGH BLUFF DRIVE SUITE 305, SAN DIEGO CA, 92130.

Heritage Global's mailing address is 12625 HIGH BLUFF DRIVE SUITE 305, SAN DIEGO CA, 92130. The company can be reached via phone at 858 847 0656 or via email at [email protected]