NASDAQ:HGBL Heritage Global (HGBL) Stock Price, News & Analysis $2.26 -0.09 (-3.82%) (As of 05/16/2024 ET) Add Compare Share Share Today's Range$2.27▼$2.4250-Day Range$2.22▼$3.0352-Week Range$2.12▼$4.08Volume81,265 shsAverage Volume100,515 shsMarket Capitalization$84.58 millionP/E Ratio7.55Dividend YieldN/APrice Target$6.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Heritage Global MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside164.9% Upside$6.00 Price TargetShort InterestHealthy0.10% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.62Based on 8 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.3.63 out of 5 starsFinance Sector389th out of 882 stocksBusiness Services, Not Elsewhere Classified Industry43rd out of 91 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.Read more about Heritage Global's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.10% 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 0.4, 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 24.94%, 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 2.6 News and Social Media Coverage News SentimentHeritage Global has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Heritage Global this week, compared to 1 article on an average week.Search Interest17 people have searched for HGBL on MarketBeat in the last 30 days. This is an increase of 42% 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 Insiders12.80% 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.Read more about Heritage Global's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Heritage Global is 7.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Heritage Global is 7.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 55.76.Price to Book Value per Share RatioHeritage Global has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Heritage Global's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here 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 13, 2024 | businesswire.comHeritage Global Partners and Integra Asset Solutions Host Exclusive Online Auction Featuring Furniture Manufacturing Equipment from Flexsteel IndustriesMay 13, 2024 | finance.yahoo.comHeritage Global Inc. (NASDAQ:HGBL) Q1 2024 Earnings Call TranscriptMay 13, 2024 | seekingalpha.comHeritage Global Inc. (HGBL) Q1 2024 Earnings Call TranscriptMay 11, 2024 | finance.yahoo.comHeritage Global First Quarter 2024 Earnings: Misses ExpectationsMay 9, 2024 | finance.yahoo.comHeritage Global Inc. Reports First Quarter 2024 ResultsMay 9, 2024 | businesswire.comHeritage Global Inc. Reports First Quarter 2024 ResultsMay 8, 2024 | markets.businessinsider.comWhat Wall Street expects from Heritage Global's earningsApril 29, 2024 | businesswire.comHeritage Global Partners to Host Exclusive Online Auction of Solar Assets by Order of US Bankruptcy CourtApril 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 EarningsMarch 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 DatesSee More Headlines Company Calendar Last Earnings5/09/2024Today5/16/2024Next Earnings (Estimated)8/08/2024Fiscal 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$6.00 High Stock Price Target$6.00 Low Stock Price Target$6.00 Potential Upside/Downside+164.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.30 Trailing P/E Ratio7.55 Forward P/E RatioN/A P/E GrowthN/ANet Income$12.48 million Net Margins20.40% Pretax Margin22.52% Return on Equity20.56% Return on Assets14.57% Debt Debt-to-Equity Ratio0.08 Current Ratio2.07 Quick Ratio1.44 Sales & Book Value Annual Sales$56.09 million Price / Sales1.51 Cash Flow$0.37 per share Price / Cash Flow6.18 Book Value$1.69 per share Price / Book1.34Miscellaneous Outstanding Shares37,341,000Free Float32,561,000Market Cap$84.58 million OptionableNot Optionable Beta1.24 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 CompetitorsSteel ConnectNASDAQ:STCNMoneyHeroNASDAQ:MNYNicholas FinancialNASDAQ:NICKAbrdn Japan Equity FundNYSE:JEQRhinebeck BancorpNASDAQ:RBKBView All CompetitorsInsiders & InstitutionsAncora Advisors LLCBought 121,483 shares on 5/16/2024Ownership: 1.265%Connective Capital Management LLCBought 203,938 shares on 5/16/2024Ownership: 0.546%Janus Henderson Group PLCBought 20,445 shares on 5/16/2024Ownership: 0.055%Herr Investment Group LLCBought 42,000 shares on 5/14/2024Ownership: 1.159%Ridgewood Investments LLCBought 7,500 shares on 4/10/2024Ownership: 0.532%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 twelve months. 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 Wall Street analysts have issued 1 year target prices for Heritage Global's shares. Their HGBL share price targets range from $6.00 to $6.00. On average, they expect the company's stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 164.9% 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 18.5% and is now trading at $2.2650. View the best growth stocks for 2024 here. When is Heritage Global's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. 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, May, 9th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $12.16 million for the quarter. Heritage Global had a trailing twelve-month return on equity of 20.56% and a net margin of 20.40%. 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 a number of institutional and retail investors. Top institutional shareholders include Ancora Advisors LLC (1.27%), Herr Investment Group LLC (1.16%), Connective Capital Management LLC (0.55%), Ridgewood Investments LLC (0.53%) and Janus Henderson Group PLC (0.05%). 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. 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