Heritage Global Inc. (HGBL)
| Market Cap | 109.41M |
| Revenue (ttm) | 46.91M |
| Net Income (ttm) | 15.49M |
| Shares Out | 38.39M |
| EPS (ttm) | 0.42 |
| PE Ratio | 6.79 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 53,972 |
| Open | 2.70 |
| Previous Close | 2.66 |
| Day's Range | 2.63 - 2.85 |
| 52-Week Range | 1.02 - 3.04 |
| Beta | 1.32 |
| Analysts | Buy |
| Price Target | 4.08 (+43.16%) |
| Earnings Date | May 10, 2023 |
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 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; acco... [Read more]
Financial Performance
In 2022, HGBL's revenue was $46.91 million, an increase of 81.89% compared to the previous year's $25.79 million. Earnings were $15.49 million, an increase of 407.47%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for HGBL stock is "Buy." The 12-month stock price forecast is $4.08, which is an increase of 43.16% from the latest price.
News
Heritage Global Announces Appointment of Bill Burnham to Board of Directors
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. Achieves Record Net Operating Income of $11.1 Million and $0.42 Earnings Per Share for Full Year 2022
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 Third Annual Winter Wonderland – Best Ideas Virtual Investor Conference on February 22, 2023
SAN DIEGO, CA / ACCESSWIRE / February 16, 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 Announce Fourth Quarter and Year-End 2022 Results and Host Webcast on Thursday, March 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, today...
Heritage Global Inc. to Present at the Q1 Virtual Investor Summit
San Diego, California--(Newsfile Corp. - January 17, 2023) - Heritage Global Inc. (NASDAQ: HGBL) ("Heritage Global," "HG" or "the Company"), an asset services company specializing in financial and ind...
Heritage Global Capital Reaches $100 Million Milestone
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Capital (“HGC”), a division of Heritage Global Inc. (Nasdaq: HGBL), specializing in flexible fundings for the Accounts Receivable Management “ARM” industr...
American Laboratory Trading & Heritage Global Partners to Host Massive Auction of Lab Equipment from Rubius Therapeutics' Cambridge Facility
SAN DIEGO--(BUSINESS WIRE)--American Laboratory Trading (“ALT”), America's largest provider of premium and refurbished lab equipment, in conjunction with Heritage Global Partners (“HGP”), a worldwid...
HERITAGE GLOBAL INC. Raises Target for Full Year 2022 Net Operating Income to Exceed $10.0 Million
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, tod...
Heritage Global Partners and Amgen Renew Master Agreement
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), announced today that...
Heritage Global Inc. Achieves Significant Growth and Record Net Operating Income in the Third Quarter Of 2022
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, tod...
Heritage Global Capital Extends and Upsizes Senior Funding Facility
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Capital (“HGC”), a division of Heritage Global Inc. (Nasdaq: HGBL), specializing in flexible fundings for the Accounts Receivable Management “ARM” industry,...
Heritage Global to Announce Third Quarter 2022 Results and Host Webcast on Thursday, November 10, 2022
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 LD Micro Main Event XV
Presentation on Tuesday, October 25 at 8:30 AM PTLos Angeles, California--(Newsfile Corp. - October 18, 2022) - Heritage Global Inc. (NASDAQ: HGBL) ("Heritage Global", "HG" or "the Company"), an asset...
Heritage Global Partners to Conduct Public Foreclosure Sale for Assets of Forward Foods LLC
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), announced today that, ...
Heritage Global Inc. to Present at The MicroCap Rodeo Windy City Roundup 2022 on October 12, 2022
SAN DIEGO, CA / ACCESSWIRE / October 5, 2022 / Heritage Global Inc. (NASDAQ:HGBL) ("Heritage Global", "HG" or "the Company"), an asset services company specializing in financial and industrial asset t...
Heritage Global Partners Awarded New Global Vendor Contract With Pfizer
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), announced today that i...
National Loan Exchange to Present at Debt Connection Symposium & Expo
SAN DIEGO--(BUSINESS WIRE)--National Loan Exchange, Inc. (“NLEX”), a division of Heritage Global Inc. (Nasdaq: HGBL) and a leading loan sale advisor of charged off and nonperforming asset portfolios, ...
Heritage Global to Present at the Sidoti August Micro-Cap Virtual Conference
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HGI” or “the Company”), an asset services company specializing in financial and industrial asset transactions, toda...
Heritage Global Inc. Reports Significant Net Operating Growth in Second Quarter 2022; Achieves Improved Profitability
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HGI” or “the Company”), an asset services company specializing in financial and industrial asset transactions, toda...
Heritage Global Partners to Conduct State-of-The-Art Lab Equipment Auction From Former Covid-19 Test Site
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), opened online bidding ...
Heritage Global to Announce Second Quarter 2022 Results And Host Webcast on Wednesday, August 10, 2022
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HGI” or “the Company”), an asset services company specializing in financial and industrial asset transactions, toda...
Heritage Global Inc. Anticipates Significant Net Operating Growth in Second Quarter 2022
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HGI” or “the Company”), an asset services company specializing in financial and industrial asset transactions, toda...
Heritage Global Inc. Appoints Vice President of Finance Brian Cobb as New Chief Financial Officer
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global” “HGI” or “the Company”), an asset services company specializing in financial and industrial asset transactions, annou...
Heritage Global Inc. to Present at the LD Micro Invitational
Presentation on Tuesday, June 7th at 8:00 AM PTWestlake Village, California--(Newsfile Corp. - May 26, 2022) - Heritage Global Inc. (NASDAQ: HGBL), an asset services company specializing in financial ...
Heritage Global Inc. Reports Profitable First Quarter 2022 Results; Positioned to Benefit From Industry Tailwinds for Both Industrial and Financial Businesses
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HGI” or “the Company”), an asset services company specializing in financial and industrial asset transactions, toda...