Heritage Global Inc. (HGBL)
| Market Cap | 71.35M |
| Revenue (ttm) | 45.36M |
| Net Income (ttm) | 5.18M |
| Shares Out | 35.50M |
| EPS (ttm) | 0.14 |
| PE Ratio | 14.29 |
| Forward PE | 11.11 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 67,822 |
| Open | 2.000 |
| Previous Close | 2.000 |
| Day's Range | 2.000 - 2.020 |
| 52-Week Range | 1.520 - 2.740 |
| Beta | 1.23 |
| Analysts | Strong Buy |
| Price Target | 4.00 (+99.01%) |
| Earnings Date | May 8, 2025 |
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 through three segments: Auction and Liquidation, Refurbishment & Resale, and Brokerage. It provides a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services. In addition, the company focuses on identifying, valuing, acquiring, and monetizing underlying tangible assets. Further, it acts as an adviser, as well as a principal,... [Read more]
Financial Performance
In 2024, Heritage Global's revenue was $45.36 million, a decrease of -25.08% compared to the previous year's $60.55 million. Earnings were $5.18 million, a decrease of -58.46%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for HGBL stock is "Strong Buy" and the 12-month stock price forecast is $4.0.
News
Heritage Global to Announce First Quarter 2025 Results and Host Webcast on Thursday, May 8, 2025
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 Capital Appoints Anastasia Suda Executive Managing Director to Lead Specialty Lending Division
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Capital (“HGC”), a subsidiary of Heritage Global Inc. (Nasdaq: HGBL), specializing in flexible funding structures for the Accounts Receivable Management “AR...
Heritage Global Inc. (HGBL) Q4 2024 Earnings Call Transcript
Heritage Global Inc. (NASDAQ:HGBL) Q4 2024 Results Conference Call March 13, 2025 5:00 PM ET Company Participants John Nesbett - IR, IMS IR Ross Dove - CEO Brian Cobb - CFO Conference Call Participan...
Heritage Global Inc. Reports Fourth Quarter and Year-End 2024 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 Partners to Conduct Major Online Auction of Electriq Power's Assets
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, has been appointed by t...
Heritage Global Valuations Strengthens Growth Strategy with the Appointment of Ray Chen to Lead Midwest Business Development Initiatives
SAN DIEGO--(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 appointment of R...
Heritage Global to Announce Fourth Quarter and Year-End 2024 Results and Host Webcast on Thursday, March 13, 2025
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 & Cloud Investment Partners to Host Online Auction Featuring Aerospace Defense SATCOM Assets
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, announced today that in...
Heritage Global, Inc. (HGBL) Q3 2024 Earnings Call Transcript
Heritage Global, Inc. (NASDAQ:HGBL) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants John Nesbett - IR, IMS IR Ross Dove - CEO Brian Cobb - CFO Conference Call Partic...
Heritage Global Inc. Reports Third Quarter 2024 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 to Announce Third Quarter 2024 Results and Host Webcast on Thursday, November 7, 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...
Refurbished Laboratory Equipment Market Estimated to Reach USD 37.6 billion, Advancing at a CAGR of 5.1% by 2031: Analysis by Transparency Market Research, Inc.
Rising Costs of New Laboratory Equipment, Tightening Budgets in Academic, Clinical, and Research Labs and Growing Emphasis on Environmental Sustainability Augmenting Refurbished Laboratory Equipment M...
Heritage Global Partners to Conduct Two Major Online Auctions of Cue Health's Assets
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, has been appointed by t...
Heritage Global Inc. (HGBL) Q2 2024 Earnings Call Transcript
Heritage Global Inc. (NASDAQ:HGBL) Q2 2024 Earnings Call Transcript August 8, 2024 5:00 PM ET Company Participants John Nesbett - IR, IMS IR Ross Dove - CEO Brian Cobb - CFO Conference Call Participa...
Heritage Global Inc. Reports Second Quarter 2024 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 Partners to Host Exclusive Online Auction Featuring Premium Intellectual Property of Waitr Holdings Inc. – A Unique Opportunity for Innovators and Entrepreneurs
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, has been selected to co...
Heritage Global to Announce Second Quarter 2024 Results and Host Webcast on Thursday, August 8, 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 Partners and Integra Asset Solutions Host Exclusive Online Auction Featuring Furniture Manufacturing Equipment from Flexsteel Industries
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), in partnership with Integra Asset Solutions, is pleased to announce an exclusive onli...
Heritage Global Inc. Reports First Quarter 2024 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 Partners to Host Exclusive Online Auction of Solar Assets by Order of US Bankruptcy Court
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, has been selected to c...
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. (HGBL) Q4 2023 Earnings Call Transcript
Heritage Global Inc. (HGBL) Q4 2023 Earnings Call Transcript
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...