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Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
The Day of Financial Reckoning Is Near (Ad)
High oil prices help Saudi Aramco earn $88B in first half
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Saudi Aramco's profits already $88B as oil prices stay high
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
The Day of Financial Reckoning Is Near (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
The Day of Financial Reckoning Is Near (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
The Day of Financial Reckoning Is Near (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
The Financial Day of Reckoning Has Begun (Ad)

Heritage Global - HGBL Stock Forecast, Price & News

$1.75
-0.02 (-1.13%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$1.71
$1.79
50-Day Range
$1.19
$1.87
52-Week Range
$1.02
$2.29
Volume
38,628 shs
Average Volume
46,986 shs
Market Capitalization
$64.45 million
P/E Ratio
13.46
Dividend Yield
N/A
Price Target
$4.00

Heritage Global MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
128.6% Upside
$4.00 Price Target
Short Interest
Healthy
0.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.62mentions of Heritage Global in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$73,800 Bought 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.

2.62 out of 5 stars

Finance Sector

256th out of 926 stocks

Business Services, Not Elsewhere Classified Industry

28th out of 105 stocks

HGBL stock logo

About Heritage Global (NASDAQ:HGBL) Stock

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, 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; accounts receivable portfolios; intellectual property; 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.

Heritage Global Price Performance

Shares of HGBL Stock traded down $0.02 during mid-day trading on Friday, reaching $1.75. The company's stock had a trading volume of 38,628 shares, compared to its average volume of 46,986. Heritage Global has a 1-year low of $1.02 and a 1-year high of $2.29. The company has a market cap of $64.45 million, a P/E ratio of 13.46 and a beta of 1.28. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.38 and a current ratio of 1.73. The firm's 50-day moving average is $1.55 and its two-hundred day moving average is $1.41.

Heritage Global (NASDAQ:HGBL - Get Rating) last posted its earnings results on Thursday, May 12th. The company reported $0.02 earnings per share for the quarter. Heritage Global had a net margin of 13.72% and a return on equity of 13.95%. The business had revenue of $9.36 million for the quarter.

Insider Transactions at Heritage Global

In other news, CEO Ross Dove bought 20,172 shares of the stock in a transaction dated Monday, May 16th. The shares were acquired at an average price of $1.24 per share, with a total value of $25,013.28. Following the acquisition, the chief executive officer now owns 2,171,309 shares in the company, valued at $2,692,423.16. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders have bought 60,653 shares of company stock valued at $73,800. 11.00% of the stock is owned by insiders.

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HGBL Stock News Headlines

Earnings Outlook For Heritage Global
Heritage Global Names Brian Cobb as New CFO
Heritage Global, Inc. Misses Q1 EPS by 1c
Earnings Preview: Heritage Global
Heritage Global hires marketing chief
Heritage Global Inc HGBL
Heritage Global Inc. Common Stock (HGBL)
See More Headlines
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HGBL Company Calendar

Last Earnings
11/10/2021
Today
8/14/2022
Next Earnings (Estimated)
11/09/2022
Fiscal Year End
12/31/2022

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
$4.00
High Stock Price Forecast
$4.00
Low Stock Price Forecast
$4.00
Forecasted Upside/Downside
+128.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$3.05 million
Pretax Margin
18.52%

Debt

Sales & Book Value

Annual Sales
$25.79 million
Cash Flow
$0.10 per share
Book Value
$0.98 per share

Miscellaneous

Free Float
32,783,000
Market Cap
$64.45 million
Optionable
Not Optionable
Beta
1.28














HGBL Stock - Frequently Asked Questions

Should I buy or sell Heritage Global stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Heritage Global in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HGBL shares.
View HGBL analyst ratings
or view top-rated stocks.

What is Heritage Global's stock price forecast for 2022?

1 equities research analysts have issued 12 month price targets for Heritage Global's stock. Their HGBL share price forecasts range from $4.00 to $4.00. On average, they expect the company's stock price to reach $4.00 in the next year. This suggests a possible upside of 128.6% 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 2022?

Heritage Global's stock was trading at $1.87 at the start of the year. Since then, HGBL stock has decreased by 6.4% and is now trading at $1.75.
View the best growth stocks for 2022 here
.

When is Heritage Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our HGBL earnings forecast
.

How were Heritage Global's earnings last quarter?

Heritage Global Inc. (NASDAQ:HGBL) posted its earnings results on Wednesday, November, 10th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.05. The firm had revenue of $5.99 million for the quarter. Heritage Global had a net margin of 13.72% and a trailing twelve-month return on equity of 13.95%. During the same quarter in the previous year, the firm posted $0.04 EPS.

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 variety of institutional and retail investors. Top institutional shareholders include Koshinski Asset Management Inc. (4.06%), Wedbush Securities Inc. (0.44%), Ridgewood Investments LLC (0.40%) and Renaissance Technologies LLC (0.31%). 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, Scott Allen West, 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 $1.75.

How much money does Heritage Global make?

Heritage Global (NASDAQ:HGBL) has a market capitalization of $64.45 million and generates $25.79 million in revenue each year. The company earns $3.05 million in net income (profit) each year or $0.13 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) 847-0655, via email at swest@hginc.com, or via fax at 416-866-3061.

This page (NASDAQ:HGBL) was last updated on 8/14/2022 by MarketBeat.com Staff

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