Heritage Global Inc is a capital markets business based in the US. Heritage Global shares (HGBL) are listed on the NASDAQ and all prices are listed in US Dollars. Heritage Global employs 46 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Heritage Global
- Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – HGBL – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- HGBL shares summary
- Compare share dealing platforms
- Is HGBL stock a buy or sell?
- Stock performance over time
- Can I short HGBL shares?
- Are HGBL shares over-valued?
- Heritage Global's financials
- How volatile are HGBL shares?
- Does Heritage Global pay a dividend?
- Have HGBL shares ever split?
- Other common questions
Heritage Global stock price (NASDAQ: HGBL)Use our graph to track the performance of HGBL stocks over time.
Heritage Global shares at a glance
|Latest market close||$2.83|
|52-week range||$1.48 - $4.02|
|50-day moving average||$2.44|
|200-day moving average||$2.87|
|Wall St. target price||$5.00|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.32|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Heritage Global stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Heritage Global price performance over time
|1 week (2021-07-19)||N/A|
|1 month (2021-06-30)||11.86%|
|3 months (2021-04-30)||-9.58%|
|6 months (2021-01-26)||N/A|
|1 year (2020-07-26)||N/A|
|2 years (2019-07-26)||N/A|
|3 years (2018-07-26)||N/A|
|5 years (2016-07-26)||N/A|
Is Heritage Global under- or over-valued?
Valuing Heritage Global stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Heritage Global's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Heritage Global's P/E ratio
Heritage Global's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Heritage Global shares trade at around 6x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Heritage Global's EBITDA
Heritage Global's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.6 million.
The EBITDA is a measure of a Heritage Global's overall financial performance and is widely used to measure a its profitability.
Heritage Global financials
|Revenue TTM||$29 million|
|Operating margin TTM||11.07%|
|Gross profit TTM||$17.1 million|
|Return on assets TTM||6.63%|
|Return on equity TTM||49.68%|
|Market capitalisation||$71 million|
TTM: trailing 12 months
Shorting Heritage Global shares
There are currently 6,035 Heritage Global shares held short by investors – that's known as Heritage Global's "short interest". This figure is 580.4% up from 887 last month.
There are a few different ways that this level of interest in shorting Heritage Global shares can be evaluated.
Heritage Global's "short interest ratio" (SIR)
Heritage Global's "short interest ratio" (SIR) is the quantity of Heritage Global shares currently shorted divided by the average quantity of Heritage Global shares traded daily (recently around 37718.75). Heritage Global's SIR currently stands at 0.16. In other words for every 100,000 Heritage Global shares traded daily on the market, roughly 160 shares are currently held short.
However Heritage Global's short interest can also be evaluated against the total number of Heritage Global shares, or, against the total number of tradable Heritage Global shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Heritage Global's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Heritage Global shares in existence, roughly 0 shares are currently held short) or 0.0003% of the tradable shares (for every 100,000 tradable Heritage Global shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Heritage Global.
Find out more about how you can short Heritage Global stock.
Heritage Global share dividends
We're not expecting Heritage Global to pay a dividend over the next 12 months.
Have Heritage Global's shares ever split?
Heritage Global's shares were split on a 1:20 basis on 8 December 2003. So if you had owned 20 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Heritage Global shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Heritage Global shares which in turn could have impacted Heritage Global's share price.
Heritage Global share price volatility
Over the last 12 months, Heritage Global's shares have ranged in value from as little as $1.48 up to $4.02. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Heritage Global's is 1.2225. This would suggest that Heritage Global's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Heritage Global overview
Heritage Global, Inc. 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.
Stocks similar to Heritage Global
Heritage Global in the news
Heritage Global Partners to Conduct its Fourth Online Auction on Behalf of Halliburton
Heritage Global Partners to Conduct its Fourth Online Auction on Behalf of Halliburton
Heritage Global Inc. to Present at D.A. Davidson Bison Select Conference
Frequently asked questionsWhat percentage of Heritage Global is owned by insiders or institutions?
Currently 24.035% of Heritage Global shares are held by insiders and 28.02% by institutions. How many people work for Heritage Global?
Latest data suggests 46 work at Heritage Global. When does the fiscal year end for Heritage Global?
Heritage Global's fiscal year ends in December. Where is Heritage Global based?
Heritage Global's address is: 12625 High Bluff Drive, San Diego, CA, United States, 92130 What is Heritage Global's ISIN number?
Heritage Global's international securities identification number is: US42727E1038
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