Hagerty Statistics
Total Valuation
Hagerty has a market cap or net worth of $742.38 million. The enterprise value is $149.85 million.
| Market Cap | 742.38M |
| Enterprise Value | 149.85M |
Important Dates
The next estimated earnings date is Tuesday, May 7, 2024, before market open.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Hagerty has 84.66 million shares outstanding. The number of shares has increased by 1.24% in one year.
| Shares Outstanding | 84.66M |
| Shares Change (YoY) | +1.24% |
| Shares Change (QoQ) | +302.85% |
| Owned by Insiders (%) | 7.65% |
| Owned by Institutions (%) | 82.08% |
| Float | 79.54M |
Valuation Ratios
The trailing PE ratio is 95.72 and the forward PE ratio is 9.08.
| PE Ratio | 95.72 |
| Forward PE | 9.08 |
| PS Ratio | 0.73 |
| Forward PS | 0.61 |
| PB Ratio | 7.86 |
| P/FCF Ratio | 6.79 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 2.10, with an EV/FCF ratio of 1.40.
| EV / Earnings | 9.05 |
| EV / Sales | 0.15 |
| EV / EBITDA | 2.10 |
| EV / EBIT | 10.70 |
| EV / FCF | 1.40 |
Financial Position
The company has a current ratio of 1.48, with a Debt / Equity ratio of 1.95.
| Current Ratio | 1.48 |
| Quick Ratio | 1.24 |
| Debt / Equity | 1.95 |
| Debt / EBITDA | 2.53 |
| Debt / FCF | 1.69 |
| Interest Coverage | -0.61 |
Financial Efficiency
Return on equity (ROE) is 22.30% and return on invested capital (ROIC) is 2.09%.
| Return on Equity (ROE) | 22.30% |
| Return on Assets (ROA) | 1.10% |
| Return on Capital (ROIC) | 2.09% |
| Revenue Per Employee | $577,490 |
| Profits Per Employee | $9,558 |
| Employee Count | 1,732 |
| Asset Turnover | 0.66 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Hagerty has paid $16.59 million in taxes.
| Income Tax | 16.59M |
| Effective Tax Rate | 50.06% |
Stock Price Statistics
| Beta (1Y) | 0.77 |
| 52-Week Price Change | n/a |
| 50-Day Moving Average | 8.72 |
| 200-Day Moving Average | 8.46 |
| Relative Strength Index (RSI) | 47.39 |
| Average Volume (30 Days) | 52,298 |
Short Selling Information
The latest short interest is 1.05 million, so 1.24% of the outstanding shares have been sold short.
| Short Interest | 1.05M |
| Short Previous Month | 1.07M |
| Short % of Shares Out | 1.24% |
| Short % of Float | 1.32% |
| Short Ratio (days to cover) | 18.16 |
Income Statement
In the last 12 months, Hagerty had revenue of $1.00 billion and earned $16.55 million in profits. Earnings per share was $0.09.
| Revenue | 1.00B |
| Gross Profit | 527.75M |
| Operating Income | 10.41M |
| Pretax Income | 36.82M |
| Net Income | 16.55M |
| EBITDA | 71.49M |
| EBIT | 14.00M |
| Earnings Per Share (EPS) | $0.09 |
Balance Sheet
The company has $760.17 million in cash and $181.14 million in debt, giving a net cash position of $579.03 million or $6.84 per share.
| Cash & Cash Equivalents | 760.17M |
| Total Debt | 181.14M |
| Net Cash | 579.03M |
| Net Cash Per Share | $6.84 |
| Equity / Book Value | 92.70M |
| Book Value Per Share | 1.10 |
| Working Capital | 407.92M |
Cash Flow
In the last 12 months, operating cash flow was $133.71 million and capital expenditures -$26.40 million, giving a free cash flow of $107.30 million.
| Operating Cash Flow | 133.71M |
| Capital Expenditures | -26.40M |
| Free Cash Flow | 107.30M |
| FCF Per Share | $1.28 |
Margins
Gross margin is 52.76%, with operating and profit margins of 1.04% and 1.66%.
| Gross Margin | 52.76% |
| Operating Margin | 1.04% |
| Pretax Margin | 3.68% |
| Profit Margin | 1.66% |
| EBITDA Margin | 7.15% |
| EBIT Margin | 1.40% |
| FCF Margin | 10.73% |
Dividends & Yields
Hagerty does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1.24% |
| Shareholder Yield | -1.24% |
| Earnings Yield | 2.27% |
| FCF Yield | 14.72% |
Analyst Forecast
The average price target for Hagerty is $10.00, which is 13.51% higher than the current price. The consensus rating is "Hold".
| Price Target | $10.00 |
| Price Target Difference | 13.51% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Hagerty has an Altman Z-Score of 0.95 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.95 |
| Piotroski F-Score | 8 |