Heritage Global Inc. (HGBL)
NASDAQ: HGBL · IEX Real-Time Price · USD
2.490
-0.050 (-1.97%)
Apr 19, 2024, 4:30 PM EDT - Market closed

Heritage Global Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Heritage Global stock have an average target of 6.00, which predicts an increase of 140.96% from the current stock price of 2.49.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $6.00 $6.00 $6.00
Change +140.96% +140.96% +140.96% +140.96%
* Price targets were last updated on Aug 11, 2023.

Analyst Ratings

The average analyst rating for HGBL stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Feb '24Mar '24Apr '24
Strong Buy 222
Buy 000
Hold 000
Sell 000
Strong Sell 000
Total 222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Lake Street
Lake Street
Strong Buy
Maintains
$5$6
Strong Buy Maintains $5$6 +140.96% Aug 11, 2023
Craig-Hallum
Craig-Hallum
Strong Buy
Initiates
$6
Strong Buy Initiates $6 +140.96% May 30, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
63.79M
from 60.55M
Increased by 5.35%
Revenue Next Year
n/a
from 63.79M
EPS This Year
0.32
from 0.33
Decreased by -2.12%
EPS Next Year
0.42
from 0.32
Increased by 29.47%
Year 2019202020212022202320242025
Revenue
26.17M26.18M25.79M46.91M60.55M63.79M-
Revenue Growth
10.58%0.06%-1.49%81.89%29.06%5.35%-
EPS
0.130.300.080.420.330.320.42
EPS Growth
-130.77%-73.33%425.00%-21.43%-2.12%29.47%
No. Analysts -----53
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024
High 66.7M
Avg 63.8M
Low 60.3M

Revenue Growth

Revenue Growth 2024
High
10.1%
Avg
5.4%
Low
-0.3%

EPS Forecast

EPS 20242025
High 0.38 0.43
Avg 0.32 0.42
Low 0.28 0.40

EPS Growth

EPS Growth 20242025
High
14.5%
33.3%
Avg
-2.1%
29.5%
Low
-13.9%
24.4%
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.