company background image
HGBL logo

Heritage Global NasdaqCM:HGBL Stock Report

Last Price

US$2.78

Market Cap

US$105.6m

7D

-3.5%

1Y

11.6%

Updated

29 Feb, 2024

Data

Company Financials +

Heritage Global Inc.

NasdaqCM:HGBL Stock Report

Market Cap: US$105.6m

HGBL Stock Overview

Heritage Global Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions.

HGBL fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends0/6

Heritage Global Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Heritage Global
Historical stock prices
Current Share PriceUS$2.78
52 Week HighUS$4.08
52 Week LowUS$2.25
Beta1.31
1 Month Change-6.08%
3 Month Change1.46%
1 Year Change11.65%
3 Year Change-16.52%
5 Year Change414.81%
Change since IPO-92.06%

Recent News & Updates

Recent updates

Is Now The Time To Put Heritage Global (NASDAQ:HGBL) On Your Watchlist?

Aug 13
Is Now The Time To Put Heritage Global (NASDAQ:HGBL) On Your Watchlist?

Analysts Just Shipped A Notable Upgrade To Their Heritage Global Inc. (NASDAQ:HGBL) Estimates

Nov 17
Analysts Just Shipped A Notable Upgrade To Their Heritage Global Inc. (NASDAQ:HGBL) Estimates

Heritage Global anticipates significant net operating growth in 2Q22

Jul 11

Heritage Global: The Earnings Rose Is About To Bloom But Beware The Thorns

Mar 31

Executive Compensation Excesses At Heritage Global

Feb 17

Heritage Global: Strategic Acquisition And Insiders Buying

Sep 08

Heritage Global to join Russell Microcap Index

Jun 16

Heritage Global (HGBL) Investor Presentation - Slideshow

Jan 11

Heritage Global reports Q3 results

Nov 09

Shareholder Returns

HGBLUS Capital MarketsUS Market
7D-3.5%1.0%0.4%
1Y11.6%18.2%24.9%

Return vs Industry: HGBL underperformed the US Capital Markets industry which returned 17.9% over the past year.

Return vs Market: HGBL underperformed the US Market which returned 25.6% over the past year.

Price Volatility

Is HGBL's price volatile compared to industry and market?
HGBL volatility
HGBL Average Weekly Movement5.1%
Capital Markets Industry Average Movement3.4%
Market Average Movement6.1%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.1%

Stable Share Price: HGBL has not had significant price volatility in the past 3 months.

Volatility Over Time: HGBL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198375Ross Dovehttps://www.hginc.com

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. Fundamentals Summary

How do Heritage Global's earnings and revenue compare to its market cap?
HGBL fundamental statistics
Market capUS$105.56m
Earnings (TTM)US$17.56m
Revenue (TTM)US$59.09m

5.8x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HGBL income statement (TTM)
RevenueUS$59.09m
Cost of RevenueUS$21.40m
Gross ProfitUS$37.69m
Other ExpensesUS$20.14m
EarningsUS$17.56m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Mar 14, 2024

Earnings per share (EPS)0.48
Gross Margin63.79%
Net Profit Margin29.71%
Debt/Equity Ratio16.4%

How did HGBL perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.