NASDAQ:HGBL Heritage Global (HGBL) Stock Price, News & Analysis → A.I. is a Tidal Wave - Here’s What to Buy (From Chaikin Analytics) (Ad) Free HGBL Stock Alerts $2.44 +0.02 (+0.83%) (As of 04:17 PM ET) Add Compare Share Share Today's Range$2.41▼$2.5250-Day Range$2.42▼$3.0352-Week Range$2.33▼$4.08Volume39,188 shsAverage Volume72,269 shsMarket Capitalization$91.11 millionP/E Ratio7.39Dividend YieldN/APrice Target$5.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Heritage Global alerts: Email Address Heritage Global MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside115.2% Upside$5.25 Price TargetShort InterestHealthy0.13% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.33Based on 2 Articles This WeekInsider TradingAcquiring Shares$34,467 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.3.43 out of 5 starsFinance Sector424th out of 858 stocksBusiness Services, Not Elsewhere Classified Industry44th out of 92 stocks 3.5 Analyst's Opinion Consensus RatingHeritage Global has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageHeritage Global has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.13% of the float of Heritage Global has been sold short.Short Interest Ratio / Days to CoverHeritage Global has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Heritage Global has recently decreased by 34.49%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldHeritage Global does not currently pay a dividend.Dividend GrowthHeritage Global does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HGBL. Previous Next 1.9 News and Social Media Coverage News SentimentHeritage Global has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Heritage Global this week, compared to 1 article on an average week.Search InterestOnly 7 people have searched for HGBL on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Heritage Global insiders have bought more of their company's stock than they have sold. Specifically, they have bought $34,467.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders12.00% of the stock of Heritage Global is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 33.46% of the stock of Heritage Global is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Heritage Global is 7.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Heritage Global is 7.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.24.Price to Book Value per Share RatioHeritage Global has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressBiden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.See his shocking evidence in this new report 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 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. The company focuses on identifying, valuing, acquiring, and monetizing underlying tangible assets. It acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; and charged-off receivable portfolios. 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 founded in 1937 and is headquartered in San Diego, California.Read More HGBL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HGBL Stock News HeadlinesMay 2, 2024 | americanbankingnews.comHeritage Global (HGBL) to Release Earnings on ThursdayApril 29, 2024 | businesswire.comHeritage Global Partners to Host Exclusive Online Auction of Solar Assets by Order of US Bankruptcy CourtMay 2, 2024 | Chaikin Analytics (Ad)A.I. is a Tidal Wave - Here’s What to BuyThe internet generated more wealth than any other innovation in history - creating hundreds of thousands of new millionaires in America alone. Now A.I. could do the same. But if you're buying Microsoft or NVIDIA to profit - you're missing the big picture.April 24, 2024 | businesswire.comHeritage Global to Announce First Quarter 2024 Results and Host Webcast on Thursday, May 9, 2024March 17, 2024 | markets.businessinsider.comHeritage Global (HGBL) Earns Buy Rating on Strong Financial Performance and Positive 2024 OutlookMarch 16, 2024 | seekingalpha.comHeritage Global Inc. (HGBL) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | finance.yahoo.comHeritage Global Inc. (NASDAQ:HGBL) Q4 2023 Earnings Call TranscriptMarch 14, 2024 | benzinga.comRecap: Heritage Glb Q4 EarningsMay 2, 2024 | Chaikin Analytics (Ad)A.I. is a Tidal Wave - Here’s What to BuyThe internet generated more wealth than any other innovation in history - creating hundreds of thousands of new millionaires in America alone. Now A.I. could do the same. But if you're buying Microsoft or NVIDIA to profit - you're missing the big picture.March 14, 2024 | businesswire.comHeritage Global Inc. Reports Full Year 2023 Operating Income of $14.3 Million; Achieves $4.6 Million in Operating Income for Fourth Quarter 2023March 14, 2024 | markets.businessinsider.comHere's what to expect from Heritage Global's earnings reportMarch 13, 2024 | benzinga.comPreview: Heritage Glb's EarningsMarch 13, 2024 | seekingalpha.comHeritage Insurance stock slides 4% after JMP downgrades to Market PerformMarch 10, 2024 | seekingalpha.comHeritage Has To Work Through Its Loan Problem, But Q4 Will Be RecordFebruary 19, 2024 | investorplace.com7 Penny Stocks to Buy Before They Pop 7,000%February 14, 2024 | finance.yahoo.comHeritage Global to Announce Fourth Quarter and Year-End 2023 Results and Host Webcast on Thursday, March 14, 2024February 14, 2024 | businesswire.comHeritage Global to Announce Fourth Quarter and Year-End 2023 Results and Host Webcast on Thursday, March 14, 2024February 14, 2024 | uk.finance.yahoo.comHeritage Global Inc. (HGBL)January 29, 2024 | finance.yahoo.comDoes Heritage Global (NASDAQ:HGBL) Deserve A Spot On Your Watchlist?January 23, 2024 | finance.yahoo.comHeritage Global, Inc. to Present at The Microcap Conference on Wednesday, January 31 and Thursday, February 1, 2024January 20, 2024 | benzinga.comHeritage Glb Stock (NASDAQ:HGBL) Dividends: History, Yield and DatesJanuary 18, 2024 | seekingalpha.comHeritage Insurance: An Unjustified PremiumJanuary 16, 2024 | finance.yahoo.comHeritage Global, Inc. to Present at the Sequire Investor Summit in Puerto RicoJanuary 2, 2024 | finance.yahoo.comInvestors in Heritage Global (NASDAQ:HGBL) have seen fantastic returns of 480% over the past five yearsDecember 3, 2023 | finance.yahoo.comRetail investors account for 46% of Heritage Global Inc.'s (NASDAQ:HGBL) ownership, while institutions account for 27%November 12, 2023 | finance.yahoo.comHeritage Global Inc. (NASDAQ:HGBL) Q3 2023 Earnings Call TranscriptNovember 12, 2023 | au.investing.comEarnings call: Heritage Global Inc. shows confidence amid loan extension and anticipates growthSee 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. Email Address Company Calendar Last Earnings3/14/2024Today5/02/2024Next Earnings (Confirmed)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:HGBL CUSIPN/A CIK849145 Webwww.heritageglobalinc.com Phone(858) 847-0659Fax416-866-3061Employees82Year FoundedN/APrice Target and Rating Average Stock Price Target$5.25 High Stock Price Target$6.00 Low Stock Price Target$4.50 Potential Upside/Downside+115.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.33 Trailing P/E Ratio7.39 Forward P/E RatioN/A P/E GrowthN/ANet Income$12.48 million Net Margins20.60% Pretax Margin23.11% Return on Equity23.50% Return on Assets16.22% Debt Debt-to-Equity Ratio0.09 Current Ratio1.78 Quick Ratio1.44 Sales & Book Value Annual Sales$60.54 million Price / Sales1.50 Cash Flow$0.36 per share Price / Cash Flow6.85 Book Value$1.64 per share Price / Book1.49Miscellaneous Outstanding Shares37,340,000Free Float32,856,000Market Cap$91.11 million OptionableNot Optionable Beta1.24 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Ross M. Dove (Age 71)President, CEO & Director Comp: $860.2kMr. David Van Ludwig (Age 66)President of Financial Assets Division & Director Comp: $1.11MMr. Nicholas Kirk Dove (Age 34)President of Industrial Assets Division Comp: $1.11MMr. Brian J. Cobb (Age 39)Chief Financial Officer Mr. James Edward Sklar (Age 58)Executive VP, General Counsel & Corporate Secretary Ms. Raspina JannesarChief Marketing OfficerMr. Kirk Dove ASA (Age 68)Founding Partner & Senior Advisor Comp: $406kMs. Gina GriffinSenior Vice PresidentMore ExecutivesKey CompetitorsResearch SolutionsNASDAQ:RSSSSteel ConnectNASDAQ:STCNChina Customer Relations CentersNASDAQ:CCRCMoneyHeroNASDAQ:MNYNuveen Municipal Income FundNYSE:NMIView All CompetitorsInsiders & InstitutionsRidgewood Investments LLCBought 7,500 shares on 4/10/2024Ownership: 0.532%Ross DoveBought 7,297 shares on 3/20/2024Total: $20,066.75 ($2.75/share)Nicholas Kirk DoveBought 5,000 shares on 3/19/2024Total: $14,400.00 ($2.88/share)Perritt Capital Management Inc.Sold 14,500 shares on 2/15/2024Ownership: 0.917%1492 Capital Management LLCBought 192,711 shares on 2/12/2024Ownership: 0.817%View All Insider TransactionsView All Institutional Transactions HGBL Stock Analysis - Frequently Asked Questions Should I buy or sell Heritage Global stock right now? 2 Wall Street equities research 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 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 target for 2024? 2 brokers have issued twelve-month target prices 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 year. This suggests a possible upside of 115.2% 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 shares have decreased by 12.2% and is now trading at $2.44. View the best growth stocks for 2024 here. Are investors shorting Heritage Global? Heritage Global saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 39,700 shares, a decrease of 34.5% from the March 31st total of 60,600 shares. Based on an average daily volume of 76,200 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the company's shares are sold short. 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, May 9th 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, May 9th 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 "11155834". How were Heritage Global's earnings last quarter? Heritage Global Inc. (NASDAQ:HGBL) issued its quarterly earnings results on Thursday, March, 14th. The company reported $0.13 earnings per share for the quarter. The business earned $15.28 million during the quarter. Heritage Global had a trailing twelve-month return on equity of 23.50% and a net margin of 20.60%. 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 retail and institutional investors. Top institutional investors include Ridgewood Investments LLC (0.53%). 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 5/2/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsYour bank is lying to you.MyBankTrackerTrump just won 2024Porter & CompanyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingA once-in-a-century investment opportunityStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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