Hagerty Statistics
Total Valuation
Hagerty has a market cap or net worth of $3.55 billion. The enterprise value is $3.52 billion.
| Market Cap | 3.55B |
| Enterprise Value | 3.52B |
Important Dates
The last earnings date was Thursday, November 7, 2024, before market open.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Hagerty has 341.07 million shares outstanding. The number of shares has increased by 309.14% in one year.
| Current Share Class | 90.03M |
| Shares Outstanding | 341.07M |
| Shares Change (YoY) | +309.14% |
| Shares Change (QoQ) | +4.67% |
| Owned by Insiders (%) | 9.63% |
| Owned by Institutions (%) | 82.15% |
| Float | 29.57M |
Valuation Ratios
The trailing PE ratio is 98.61 and the forward PE ratio is 36.15.
| PE Ratio | 98.61 |
| Forward PE | 36.15 |
| PS Ratio | 0.78 |
| Forward PS | 2.64 |
| PB Ratio | 6.32 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 21.01 |
| P/OCF Ratio | 18.58 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 37.26, with an EV/FCF ratio of 20.80.
| EV / Earnings | 176.48 |
| EV / Sales | 3.05 |
| EV / EBITDA | 37.26 |
| EV / EBIT | 65.50 |
| EV / FCF | 20.80 |
Financial Position
The company has a current ratio of 1.01, with a Debt / Equity ratio of 0.29.
| Current Ratio | 1.01 |
| Quick Ratio | 0.52 |
| Debt / Equity | 0.29 |
| Debt / EBITDA | 1.66 |
| Debt / FCF | 1.03 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 13.84% and return on invested capital (ROIC) is 4.81%.
| Return on Equity (ROE) | 13.84% |
| Return on Assets (ROA) | 1.97% |
| Return on Capital (ROIC) | 4.81% |
| Revenue Per Employee | $665,906 |
| Profits Per Employee | $11,502 |
| Employee Count | 1,732 |
| Asset Turnover | 0.68 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Hagerty has paid $14.51 million in taxes.
| Income Tax | 14.51M |
| Effective Tax Rate | 16.17% |
Stock Price Statistics
The stock price has increased by +25.42% in the last 52 weeks. The beta is 0.80, so Hagerty's price volatility has been lower than the market average.
| Beta (5Y) | 0.80 |
| 52-Week Price Change | +25.42% |
| 50-Day Moving Average | 11.05 |
| 200-Day Moving Average | 10.32 |
| Relative Strength Index (RSI) | 31.42 |
| Average Volume (20 Days) | 84,988 |
Short Selling Information
The latest short interest is 300,712, so 0.09% of the outstanding shares have been sold short.
| Short Interest | 300,712 |
| Short Previous Month | 367,050 |
| Short % of Shares Out | 0.09% |
| Short % of Float | 1.02% |
| Short Ratio (days to cover) | 2.62 |
Income Statement
In the last 12 months, Hagerty had revenue of $1.15 billion and earned $19.92 million in profits. Earnings per share was $0.11.
| Revenue | 1.15B |
| Gross Profit | 647.86M |
| Operating Income | 53.68M |
| Pretax Income | 49.09M |
| Net Income | 19.92M |
| EBITDA | 94.35M |
| EBIT | 53.68M |
| Earnings Per Share (EPS) | $0.11 |
Balance Sheet
The company has $208.95 million in cash and $174.35 million in debt, giving a net cash position of $34.59 million or $0.10 per share.
| Cash & Cash Equivalents | 208.95M |
| Total Debt | 174.35M |
| Net Cash | 34.59M |
| Net Cash Per Share | $0.10 |
| Equity (Book Value) | 608.22M |
| Book Value Per Share | 1.65 |
| Working Capital | 7.85M |
Cash Flow
In the last 12 months, operating cash flow was $191.13 million and capital expenditures -$22.13 million, giving a free cash flow of $169.00 million.
| Operating Cash Flow | 191.13M |
| Capital Expenditures | -22.13M |
| Free Cash Flow | 169.00M |
| FCF Per Share | $0.50 |
Margins
Gross margin is 56.17%, with operating and profit margins of 4.65% and 2.15%.
| Gross Margin | 56.17% |
| Operating Margin | 4.65% |
| Pretax Margin | 7.78% |
| Profit Margin | 2.15% |
| EBITDA Margin | 8.18% |
| EBIT Margin | 4.65% |
| FCF Margin | 14.65% |
Dividends & Yields
Hagerty does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -309.14% |
| Shareholder Yield | -309.14% |
| Earnings Yield | 0.56% |
| FCF Yield | 4.76% |
Analyst Forecast
The average price target for Hagerty is $11.00, which is 5.67% higher than the current price. The consensus rating is "Hold".
| Price Target | $11.00 |
| Price Target Difference | 5.67% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Hagerty has an Altman Z-Score of 0.78 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.78 |
| Piotroski F-Score | 5 |