Heritage Global Inc. (HGBL)
Market Cap | 92.22M |
Revenue (ttm) | 60.55M |
Net Income (ttm) | 12.48M |
Shares Out | 37.34M |
EPS (ttm) | 0.33 |
PE Ratio | 7.48 |
Forward PE | 7.65 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 35,503 |
Open | 2.540 |
Previous Close | 2.510 |
Day's Range | 2.470 - 2.540 |
52-Week Range | 2.330 - 4.080 |
Beta | 1.23 |
Analysts | Strong Buy |
Price Target | 6.00 (+142.92%) |
Earnings Date | May 9, 2024 |
About HGBL
Heritage Global Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company operates in three segments: Auction and Liquidation, Refurbishment & Resale, and Brokerage. It provides a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services. The company focuses on identifying, valuing, acquiring, and monetizing underlying tangible assets. It acts as an adviser, as well as a principal, acquiring, or brokering ma... [Read more]
Financial Performance
In 2023, HGBL's revenue was $60.55 million, an increase of 29.06% compared to the previous year's $46.91 million. Earnings were $12.48 million, a decrease of -19.48%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for HGBL stock is "Strong Buy." The 12-month stock price forecast is $6.0, which is an increase of 142.92% from the latest price.
News
Heritage Global to Announce First Quarter 2024 Results and Host Webcast on Thursday, May 9, 2024
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today...
Heritage Global Inc. to Attend the Planet MicroCap Showcase: VEGAS 2024
SAN DIEGO, CA / ACCESSWIRE / April 18, 2024 / Heritage Global, Inc. (NASDAQ:HGBL) ("Heritage Global," "HG" or "the Company"), an asset services company specializing in financial and industrial asset t...
Heritage Global, Inc. to Present at The LD Micro Invitational XIV on Tuesday, April 9, 2024
San Diego, California--(Newsfile Corp. - March 26, 2024) - Heritage Global, Inc. (NASDAQ: HGBL) ("Heritage Global," "HG" or "the Company"), an asset services company specializing in financial and indu...
Heritage Global Inc. Reports Full Year 2023 Operating Income of $14.3 Million; Achieves $4.6 Million in Operating Income for Fourth Quarter 2023
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today...
Planet MicroCap Review Magazine for Winter/Spring 2024 Now Online
LOS ANGELES, CA / ACCESSWIRE / March 7, 2024 / Planet MicroCap, a global multimedia financial news, publishing, and events company that focuses on delivering news, information, data and analytics for ...
Heritage Global to Announce Fourth Quarter and Year-End 2023 Results and Host Webcast on Thursday, March 14, 2024
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today...
Heritage Global, Inc. to Present at The Microcap Conference on Wednesday, January 31 and Thursday, February 1, 2024
San Diego, California--(Newsfile Corp. - January 23, 2024) - Heritage Global, Inc. (NASDAQ: HGBL) ("Heritage Global," "HG" or "the Company"), an asset services company specializing in financial and in...
Heritage Global, Inc. to Present at the Sequire Investor Summit in Puerto Rico
SAN DIEGO, California, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Heritage Global, Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and indust...
Heritage Global Partners, New Mill Capital, Federal Equipment Company and Keith Machinery Corp Acquire Pharmaceutical Site from Alkem Laboratories
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), and a worldwide leader in asset advisory and auction services, in partnership with Ne...
Heritage Global Inc. Reports Strong Third Quarter 2023 Results
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today...
Heritage Global Valuations Appoints Gina Griffin as Senior Vice President
SAN DIEGO, Calif.--(BUSINESS WIRE)--Heritage Global Valuations (“HGV”), a division of Heritage Global Inc. (NASDAQ: HGBL), a leading appraisal and liquidation firm, is pleased to announce the appointm...
Heritage Global, Inc. to Present at the Fall Foliage MicroCap Rodeo Conference on Wednesday, October 25, 2023
SAN DIEGO, CA / ACCESSWIRE / October 17, 2023 / Heritage Global, Inc. (NASDAQ:HGBL) ("Heritage Global," "HG" or "the Company"), an asset services company specializing in financial and industrial asset...
Heritage Global to Present at the Virtual Tech Conference Series: Exploring All Corners of the Tech Sector, Presented by Maxim Group on Wednesday, October 11, 2023
SAN DIEGO--(BUSINESS WIRE)--Heritage Global, Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, toda...
Heritage Global to Announce Third Quarter 2023 Results and Host Webcast on Thursday, November 9, 2023
SAN DIEGO--(BUSINESS WIRE)--Heritage Global, Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, toda...
Heritage Global to Present at LD Micro Main Event XVI on Tuesday, October 3, 2023
San Diego, California--(Newsfile Corp. - September 22, 2023) - Heritage Global, Inc. (NASDAQ: HGBL) ("Heritage Global," "HG" or "the Company"), an asset services company specializing in financial and ...
Heritage Global Inc. Announces Filing of Form S-3 to Replace Expired Shelf Registration Statement
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, annou...
Heritage Global Inc. Reports Net Operating Income of $3.1 Million for Second Quarter 2023; Record Net Operating Income of $7.0 Million for First Half of 2023
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today...
Heritage Global Partners in Conjunction with Cloud Investment Partners to Host Online Auction Featuring Large Quantity of CFM56-3, 5A, 5B, 5C and 7B Surplus Parts Inventory No Longer Required by Skybus LLC
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), and a worldwide leader in asset advisory and auction services, in conjunction with Cl...
Heritage Global to Announce Second Quarter 2023 Results and Host Webcast on Thursday, August 10, 2023
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today...
5 stocks under $5 to catch the small-cap rally as investors turn bullish
Small-cap stocks are back. If the trend continues — which is my guess — there are more big gains to be made because the group has been so badly hammered.
Heritage Global Capital Appoints Tony Spencer as Senior Vice President
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Capital (“HGC”), a division of Heritage Global Inc. (Nasdaq: HGBL), specializing in flexible funding structures for the Accounts Receivable Management “ARM”...
Heritage Global Announces New Upsized $17 Million Credit Facility with C3bank
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today...
Heritage Global to Present at LD Micro Invitational XIII
Presentation on Tuesday, June 6 at 11:00 AM PT San Diego, California--(Newsfile Corp. - May 23, 2023) - Heritage Global, Inc. (NASDAQ: HGBL) ("Heritage Global," "HG" or "the Company"), an asset servic...
Heritage Global Inc. Achieves Record Net Operating Income of $3.9 Million and $0.08 Earnings Per Share for First Quarter 2023
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today...
Heritage Global to Announce First Quarter Results and Host Webcast on Thursday, May 11, 2023; Expects Record Net Operating Income
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today...