NASDAQ
HGBL

Heritage Global Inc

Capital Markets
Financial Services

Prices are adjusted according to historical splits.

Heritage Global Inc Stock Price

Vitals

Today's Low:
$3.0001
Today's High:
$3.1622
Open Price:
$3.14
52W Low:
$1.51
52W High:
$4.08
Prev. Close:
$3.1
Volume:
62359

Company Statistics

Market Cap.:
$116.26 million
Book Value:
1.47
Revenue TTM:
$56.20 million
Operating Margin TTM:
18.17%
Gross Profit TTM:
$26.00 million
Profit Margin:
31.81%
Return on Assets TTM:
9.57%
Return on Equity TTM:
39.63%

Company Profile

Heritage Global Inc had its IPO on 1993-03-23 under the ticker symbol HGBL.

The company operates in the Financial Services sector and Capital Markets industry. Heritage Global Inc has a staff strength of 75 employees.

Stock update

Shares of Heritage Global Inc opened at $3.14 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3 - $3.16, and closed at $3.04.

This is a -1.94% slip from the previous day's closing price.

A total volume of 62,359 shares were traded at the close of the day’s session.

In the last one week, shares of Heritage Global Inc have slipped by -7.88%.

Heritage Global Inc's Key Ratios

Heritage Global Inc has a market cap of $116.26 million, indicating a price to book ratio of 2.4708 and a price to sales ratio of 2.3101.

In the last 12-months Heritage Global Inc’s revenue was $56.20 million with a gross profit of $26.00 million and an EBITDA of $10.72 million. The EBITDA ratio measures Heritage Global Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Heritage Global Inc’s operating margin was 18.17% while its return on assets stood at 9.57% with a return of equity of 39.63%.

In Q2, Heritage Global Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 18.4%.

Heritage Global Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
6.4583
PEG
0

Its diluted EPS in the last 12-months stands at $0.48 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Heritage Global Inc’s profitability.

Heritage Global Inc stock is trading at a EV to sales ratio of 2.0095 and a EV to EBITDA ratio of 8.3114. Its price to sales ratio in the trailing 12-months stood at 2.3101.

Heritage Global Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$79.88 million
Total Liabilities
$17.07 million
Operating Cash Flow
$0
Capital Expenditure
$131000
Dividend Payout Ratio
0%

Heritage Global Inc ended 2024 with $79.88 million in total assets and $0 in total liabilities. Its intangible assets were valued at $79.88 million while shareholder equity stood at $54.25 million.

Heritage Global Inc ended 2024 with $0 in deferred long-term liabilities, $17.07 million in other current liabilities, 371000.00 in common stock, $-239893000.00 in retained earnings and $7.45 million in goodwill. Its cash balance stood at $15.04 million and cash and short-term investments were $15.04 million. The company’s total short-term debt was $2,458,000 while long-term debt stood at $6.38 million.

Heritage Global Inc’s total current assets stands at $32.55 million while long-term investments were $15.78 million and short-term investments were $0. Its net receivables were $11.48 million compared to accounts payable of $14.62 million and inventory worth $5.05 million.

In 2024, Heritage Global Inc's operating cash flow was $0 while its capital expenditure stood at $131000.

Comparatively, Heritage Global Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$3.04
52-Week High
$4.08
52-Week Low
$1.51
Analyst Target Price
$5.67

Heritage Global Inc stock is currently trading at $3.04 per share. It touched a 52-week high of $4.08 and a 52-week low of $4.08. Analysts tracking the stock have a 12-month average target price of $5.67.

Its 50-day moving average was $3.48 and 200-day moving average was $3.03 The short ratio stood at 0.13 indicating a short percent outstanding of 0%.

Around 1550.7% of the company’s stock are held by insiders while 3116.5% are held by institutions.

Frequently Asked Questions About Heritage Global Inc

The stock symbol (also called stock or share ticker) of Heritage Global Inc is HGBL

The IPO of Heritage Global Inc took place on 1993-03-23

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About

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, refurbishment, 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; charged-off receivable portfolios; 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.

Address

12625 High Bluff Drive, San Diego, CA, United States, 92130