Heritage Global, Inc. (HGBL)
Stock Price:
$1.74 USD
-0.06 (-3.44%)
Updated Oct 30, 2020 1:38 PM EDT - Market open
Key Info
| Market Cap |
51.30M |
| Revenue (ttm) |
22.55M |
| Net Income (ttm) |
3.87M |
| Shares Out |
29.52M |
| EPS (ttm) |
0.13 |
| PE Ratio |
13.37 |
| Forward PE |
n/a |
| Dividend |
n/a |
| Dividend Yield |
n/a |
Stock Quote
| Trading Day |
Oct 30, 2020 |
| Last Price |
$1.74 |
| Previous Close |
$1.80 |
| Change ($) |
-0.06 |
| Change (%) |
-3.44% |
| Day's Open |
1.76 |
| Day's Range |
1.64 - 1.79 |
| Day's Volume |
62,317 |
| 52-Week Range |
0.55 - 4.20 |
More Stats
| Market Cap |
51.30M |
| Enterprise Value |
50.59M |
| Earnings Date (est) |
Nov 9, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
29.52M |
| Float |
17.99M |
| EPS (basic) |
0.13 |
| EPS (diluted) |
0.13 |
| FCF / Share |
-0.03 |
| Dividend |
n/a |
| Dividend Yield |
n/a |
| Earnings Yield |
7.48% |
| FCF Yield |
n/a |
| Payout Ratio |
n/a |
| Shares Short |
55,932 |
| Short Ratio |
0.33 |
| Short % of Float |
0.31% |
| Beta |
1.16 |
| PE Ratio |
13.37 |
| Forward PE |
n/a |
| P/FCF Ratio |
n/a |
| PS Ratio |
2.27 |
| PB Ratio |
4.29 |
| Revenue |
22.55M |
| Operating Income |
1.65M |
| Net Income |
3.87M |
| Free Cash Flow |
-800,000 |
| Net Cash |
715,000 |
| Net Cash / Share |
0.02 |
| Gross Margin |
81.71% |
| Operating Margin |
7.33% |
| Profit Margin |
17.20% |
| FCF Margin |
-3.55% |
| ROA |
6.00% |
| ROE |
32.30% |
| ROIC |
69.50% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (3)
| Buy |
3 |
| Overweight |
0 |
| Hold |
0 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$4.17*
(139.93% upside)
Low
3.50
Current: $1.74
High
5.00
Target: 4.17
*Average 12-month price target from 3 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 26.17 | 23.66 | 20.13 | 23.83 | 17.43 | 19.99 | 8.89 | 14.13 | 17.24 | 3.27 |
| Revenue Growth | 10.58% | 17.56% | -15.54% | 36.73% | -12.78% | 124.76% | -37.06% | -18.04% | 427.8% | - |
| Gross Profit | 18.43 | 19.62 | 15.42 | 12.52 | 10.89 | 9.71 | 6.19 | 7.04 | 7.47 | 1.23 |
| Operating Income | 1.68 | 4.08 | 0.36 | 0.19 | -10.64 | -2.04 | -4.14 | -4.48 | 2.40 | -2.16 |
| Net Income | 3.90 | 3.75 | -0.25 | 0.01 | -10.42 | -26.51 | -6.40 | -1.81 | 30.71 | 6.21 |
| Shares Outstanding | 28.66 | 28.58 | 28.47 | 28.40 | 28.25 | 28.17 | 28.61 | 28.29 | 26.83 | 22.89 |
| Earnings Per Share | 0.13 | 0.13 | -0.01 | - | -0.37 | -0.94 | -0.22 | -0.06 | 1.13 | 0.21 |
| EPS Growth | 0% | - | - | - | - | - | - | - | 438.1% | - |
| Operating Cash Flow | 0.79 | 7.47 | 1.18 | 3.92 | -0.84 | 0.62 | 2.26 | -4.80 | 4.05 | 4.56 |
| Capital Expenditures | -0.12 | -0.10 | -0.04 | -0.10 | -0.01 | -0.13 | -0.01 | -0.03 | - | - |
| Free Cash Flow | 0.68 | 7.37 | 1.14 | 3.82 | -0.85 | 0.49 | 2.25 | -4.83 | 4.05 | 4.56 |
| Cash & Equivalents | 2.73 | 4.27 | 2.11 | 2.53 | 2.78 | 3.81 | 3.23 | 5.80 | 6.74 | 3.38 |
| Total Debt | 1.96 | 1.62 | 1.52 | 1.01 | 4.22 | 6.01 | 3.99 | 10.88 | 3.09 | 4.49 |
| Net Cash / Debt | 0.77 | 2.65 | 0.59 | 1.52 | -1.44 | -2.20 | -0.76 | -5.09 | 3.65 | -1.11 |
| Assets | 21.92 | 20.63 | 13.45 | 15.14 | 18.80 | 31.87 | 50.00 | 61.31 | 47.15 | 16.69 |
| Liabilities | 10.07 | 13.03 | 9.96 | 11.65 | 15.41 | 18.39 | 10.50 | 15.30 | 4.21 | 7.24 |
| Book Value | 11.85 | 7.60 | 3.49 | 3.49 | 3.39 | 13.48 | 39.50 | 46.01 | 42.94 | 9.45 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Heritage Global, Inc. |
| Country |
United States |
| Employees |
46 |
| CEO |
Ross M. Dove |
Stock Information
| Ticker Symbol |
HGBL |
| Stock Exchange |
NASDAQ |
| Sector |
Financial Services |
| Industry |
Capital Markets |
| Unique Identifier |
NASDAQ: HGBL |
Description
Heritage Global is an asset services company with focus on financial and industrial asset transactions. The company provides services including market making, acquisitions, dispositions, valuations, and secured lending. 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 turnkey manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; accounts receivable portfolios; intellectual property; and entire business enterprises. The company was formerly known as Counsel RB Capital Inc. and changed its name to Heritage Global Inc. in August 2013. Heritage Global Inc. was incorporated in 1983 and is headquartered in San Diego, California.