How to buy Heritage Global stock

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.

Heritage Global share price

Use our graph to track the performance of HGBL stocks over time.

Heritage Global shares at a glance

• Key figures

Information last updated 2021-04-30.

52-week range	$0.97 - $4.02
50-day moving average	$2.99
200-day moving average	$2.62
Wall St. target price	$5.00
PE ratio	10.5667
Dividend yield	N/A (0%)
Earnings per share (TTM)	$0.30

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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.

Technical Analysis of Heritage Global Inc by TradingView

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.

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 11x. In other words, Heritage Global shares trade at around 11x 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 $2.6 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	$26.2 million
Operating margin TTM	8.64%
Gross profit TTM	$17.1 million
Return on assets TTM	4.26%
Return on equity TTM	46.22%
Profit margin	36.89%
Book value	$0.85
Market capitalisation	$113.1 million

TTM: trailing 12 months

Shorting Heritage Global shares

There are currently 18,759 Heritage Global shares held short by investors – that's known as Heritage Global's "short interest". This figure is 38.4% down from 30,432 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 110347.05882353). Heritage Global's SIR currently stands at 0.17. In other words for every 100,000 Heritage Global shares traded daily on the market, roughly 170 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 0.0008% of the tradable shares (for every 100,000 tradable Heritage Global shares, roughly 1 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 $0.971 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 1.2388. 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.

Frequently asked questions

• What percentage of Heritage Global is owned by insiders or institutions?

  Currently 29.686% of Heritage Global shares are held by insiders and 23.245% 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