QQQ   349.98 (+0.45%)
AAPL   177.30 (+1.07%)
MSFT   331.21 (-0.50%)
META   262.52 (+0.18%)
GOOGL   123.67 (-0.75%)
AMZN   121.66 (+1.29%)
TSLA   201.16 (+4.14%)
NVDA   401.11 (+2.99%)
NIO   7.41 (-3.77%)
BABA   78.67 (-2.84%)
AMD   125.27 (-1.39%)
T   15.64 (+0.90%)
F   12.59 (+4.14%)
MU   71.69 (-3.03%)
CGC   0.85 (-3.08%)
GE   102.40 (-0.33%)
DIS   87.82 (-0.53%)
AMC   4.63 (-0.22%)
PFE   37.01 (-1.57%)
PYPL   62.05 (+3.04%)
NFLX   392.98 (+3.72%)
QQQ   349.98 (+0.45%)
AAPL   177.30 (+1.07%)
MSFT   331.21 (-0.50%)
META   262.52 (+0.18%)
GOOGL   123.67 (-0.75%)
AMZN   121.66 (+1.29%)
TSLA   201.16 (+4.14%)
NVDA   401.11 (+2.99%)
NIO   7.41 (-3.77%)
BABA   78.67 (-2.84%)
AMD   125.27 (-1.39%)
T   15.64 (+0.90%)
F   12.59 (+4.14%)
MU   71.69 (-3.03%)
CGC   0.85 (-3.08%)
GE   102.40 (-0.33%)
DIS   87.82 (-0.53%)
AMC   4.63 (-0.22%)
PFE   37.01 (-1.57%)
PYPL   62.05 (+3.04%)
NFLX   392.98 (+3.72%)
QQQ   349.98 (+0.45%)
AAPL   177.30 (+1.07%)
MSFT   331.21 (-0.50%)
META   262.52 (+0.18%)
GOOGL   123.67 (-0.75%)
AMZN   121.66 (+1.29%)
TSLA   201.16 (+4.14%)
NVDA   401.11 (+2.99%)
NIO   7.41 (-3.77%)
BABA   78.67 (-2.84%)
AMD   125.27 (-1.39%)
T   15.64 (+0.90%)
F   12.59 (+4.14%)
MU   71.69 (-3.03%)
CGC   0.85 (-3.08%)
GE   102.40 (-0.33%)
DIS   87.82 (-0.53%)
AMC   4.63 (-0.22%)
PFE   37.01 (-1.57%)
PYPL   62.05 (+3.04%)
NFLX   392.98 (+3.72%)
QQQ   349.98 (+0.45%)
AAPL   177.30 (+1.07%)
MSFT   331.21 (-0.50%)
META   262.52 (+0.18%)
GOOGL   123.67 (-0.75%)
AMZN   121.66 (+1.29%)
TSLA   201.16 (+4.14%)
NVDA   401.11 (+2.99%)
NIO   7.41 (-3.77%)
BABA   78.67 (-2.84%)
AMD   125.27 (-1.39%)
T   15.64 (+0.90%)
F   12.59 (+4.14%)
MU   71.69 (-3.03%)
CGC   0.85 (-3.08%)
GE   102.40 (-0.33%)
DIS   87.82 (-0.53%)
AMC   4.63 (-0.22%)
PFE   37.01 (-1.57%)
PYPL   62.05 (+3.04%)
NFLX   392.98 (+3.72%)
NASDAQ:HGBL

Heritage Global (HGBL) Stock Forecast, Price & News

$3.74
-0.07 (-1.84%)
(As of 05:11 PM ET)
Compare
Today's Range
$3.73
$3.96
50-Day Range
$2.66
$3.81
52-Week Range
$1.15
$3.96
Volume
425,441 shs
Average Volume
151,528 shs
Market Capitalization
$138.79 million
P/E Ratio
7.79
Dividend Yield
N/A
Price Target
$4.50

Heritage Global MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
20.0% Upside
$4.50 Price Target
Short Interest
Healthy
0.16% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.63mentions of Heritage Global in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$2.33 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars

Finance Sector

876th out of 905 stocks

Business Services, Not Elsewhere Classified Industry

86th out of 92 stocks


HGBL stock logo

About Heritage Global (NASDAQ:HGBL) Stock

Heritage Global, Inc. engages in the provision of corporate and financial asset liquidation transactions, valuations, and advisory services. It operates through the following segments: Auction and Liquidation, Refurbishment and Resale segment, Brokerage, and Specialty Lending. The Auction and Liquidation segment focuses on the operation of a global full-service auction, appraisal and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment. The Refurbishment and Resale segment acquires, refurbishes and supplies specialized laboratory equipment. The Brokerage segment is involved in charged-off receivables in the U.S. and Canada on behalf of financial institutions. The Specialty Lending segment provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios. The company was founded in 1983 and is headquartered in San Diego, CA.

Receive HGBL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Heritage Global and its competitors with MarketBeat's FREE daily newsletter.

HGBL Stock News Headlines

"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
Heritage Global (HGBL) Gets a Buy from Maxim Group
Sell every Stock except ONE
Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...
See More Headlines
Receive HGBL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Heritage Global and its competitors with MarketBeat's FREE daily newsletter.

HGBL Company Calendar

Last Earnings
3/09/2023
Today
5/30/2023
Next Earnings (Estimated)
8/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:HGBL
Employees
63
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$4.50
High Stock Price Forecast
$4.50
Low Stock Price Forecast
$4.50
Forecasted Upside/Downside
+18.1%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$15.49 million
Pretax Margin
25.84%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
33,031,000
Market Cap
$141.39 million
Optionable
Not Optionable
Beta
1.32

Key Executives

  • Ross M. DoveRoss M. Dove
    President, Chief Executive Officer & Director
  • Brian J. CobbBrian J. Cobb
    Chief Financial Officer
  • James Edward Sklar
    Secretary, Executive VP & General Counsel
  • Kirk Dove
    Founding Partner
  • David Ludwig
    Director & President-Financial Assests













HGBL Stock - Frequently Asked Questions

What is Heritage Global's stock price forecast for 2023?

0 brokerages have issued 12-month target prices for Heritage Global's stock. Their HGBL share price forecasts range from $4.50 to $4.50. On average, they anticipate the company's stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 18.1% 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 2023?

Heritage Global's stock was trading at $2.35 at the beginning of the year. Since then, HGBL stock has increased by 62.1% and is now trading at $3.81.
View the best growth stocks for 2023 here
.

Are investors shorting Heritage Global?

Heritage Global saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 48,600 shares, an increase of 44.6% from the April 30th total of 33,600 shares. Based on an average daily trading volume, of 172,400 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company's 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 Wednesday, August 9th 2023.
View our HGBL earnings forecast
.

How were Heritage Global's earnings last quarter?

Heritage Global Inc. (NASDAQ:HGBL) announced its quarterly earnings data on Thursday, March, 9th. The company reported $0.27 earnings per share for the quarter. The business had revenue of $13.83 million for the quarter. Heritage Global had a trailing twelve-month return on equity of 40.69% and a net margin of 32.63%.

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 Metals Group (FSUGY), Centogene (CNTG) and Champion Iron (CHPRF).

What is Heritage Global's stock symbol?

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

Who are Heritage Global's major shareholders?

Heritage Global's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Punch & Associates Investment Management Inc. (6.55%), Koshinski Asset Management Inc. (4.09%), Ancora Advisors LLC (0.74%), Geode Capital Management LLC (0.73%), Renaissance Technologies LLC (0.48%) and Ridgewood Investments LLC (0.44%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Heritage Global's stock price today?

One share of HGBL stock can currently be purchased for approximately $3.81.

How much money does Heritage Global make?

Heritage Global (NASDAQ:HGBL) has a market capitalization of $141.39 million and generates $46.91 million in revenue each year. The company earns $15.49 million in net income (profit) each year or $0.48 on an earnings per share basis.

How can I contact Heritage Global?

Heritage Global's mailing address is 12625 HIGH BLUFF DRIVE SUITE 305, SAN DIEGO CA, 92130. The official website for the company is www.heritageglobalinc.com. The company can be reached via phone at (858) 847-0659, via email at swest@hginc.com, or via fax at 416-866-3061.

This page (NASDAQ:HGBL) was last updated on 5/30/2023 by MarketBeat.com Staff

My Account -