Skip to main content
Heritage Global Inc. (HGBL)
NASDAQ: HGBL · IEX Real-Time Price · USD
2.510
-0.010 (-0.40%)
At close: Jul 19, 2024, 4:00 PM
2.570
+0.060 (2.39%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

Heritage Global Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Heritage Global stock has a target of 6.00, which predicts an increase of 139.04% from the current stock price of 2.51.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $6.00 $6.00 $6.00
Change +139.04% +139.04% +139.04% +139.04%
* Price targets were last updated on Aug 11, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for HGBL is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '23Jul '23Aug '23
Strong Buy 111
Buy 000
Hold 000
Sell 000
Strong Sell 000
Total 111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mark Argento
Lake Street
 Lake Street
Strong Buy
Maintains
$5 → $6
 Strong Buy Maintains $5 → $6 +139.04% Aug 11, 2023
George Sutton
Craig-Hallum
 Craig-Hallum
Strong Buy
Initiates
$6
 Strong Buy Initiates $6 +139.04% May 30, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
60.27M
from 60.55M
Decreased by -0.46%
Revenue Next Year
70.42M
from 60.27M
Increased by 16.83%
EPS This Year
0.33
from 0.33
Increased by 0.97%
EPS Next Year
0.42
from 0.33
Increased by 25.51%
Year 2019202020212022202320242025
Revenue
26.17M26.18M25.79M46.91M60.55M60.27M70.42M
Revenue Growth
10.58%0.06%-1.49%81.89%29.06%-0.46%16.83%
EPS
0.130.300.080.420.330.330.42
EPS Growth
-130.77%-73.33%425.00%-21.43%0.97%25.51%
Forward PE
-----7.536.00
No. Analysts -----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 63.9M 75.3M
Avg 60.3M 70.4M
Low 56.1M 65.1M

Revenue Growth

Revenue Growth 20242025
High
5.6%
24.9%
Avg
-0.5%
16.8%
Low
-7.3%
8.0%

EPS Forecast

EPS 20242025
High 0.42 0.54
Avg 0.33 0.42
Low 0.27 0.31

EPS Growth

EPS Growth 20242025
High
27.3%
60.7%
Avg
1.0%
25.5%
Low
-16.8%
-5.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.