Hagerty Statistics
Total Valuation
Hagerty has a market cap or net worth of $959.02 million. The enterprise value is $316.37 million.
| Market Cap | 959.02M |
| Enterprise Value | 316.37M |
Important Dates
The next estimated earnings date is Tuesday, August 6, 2024, before market open.
| Earnings Date | Aug 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Hagerty has 85.70 million shares outstanding. The number of shares has increased by 1.72% in one year.
| Shares Outstanding | 85.70M |
| Shares Change (YoY) | +1.72% |
| Shares Change (QoQ) | -75.12% |
| Owned by Insiders (%) | 9.46% |
| Owned by Institutions (%) | 83.82% |
| Float | 21.37M |
Valuation Ratios
The trailing PE ratio is 139.88 and the forward PE ratio is 10.50.
| PE Ratio | 139.88 |
| Forward PE | 10.50 |
| PS Ratio | 0.91 |
| Forward PS | 0.78 |
| PB Ratio | 10.25 |
| P/FCF Ratio | 6.09 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.45, with an EV/FCF ratio of 2.01.
| EV / Earnings | 20.46 |
| EV / Sales | 0.30 |
| EV / EBITDA | 4.45 |
| EV / EBIT | 21.65 |
| EV / FCF | 2.01 |
Financial Position
The company has a current ratio of 1.47, with a Debt / Equity ratio of 1.50.
| Current Ratio | 1.47 |
| Quick Ratio | 1.21 |
| Debt / Equity | 1.50 |
| Debt / EBITDA | 1.98 |
| Debt / FCF | 0.89 |
| Interest Coverage | -0.60 |
Financial Efficiency
Return on equity (ROE) is 18.90% and return on invested capital (ROIC) is 8.98%.
| Return on Equity (ROE) | 18.90% |
| Return on Assets (ROA) | 1.00% |
| Return on Capital (ROIC) | 8.98% |
| Revenue Per Employee | $608,296 |
| Profits Per Employee | $8,928 |
| Employee Count | 1,732 |
| Asset Turnover | 0.67 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Hagerty has paid $18.05 million in taxes.
| Income Tax | 18.05M |
| Effective Tax Rate | 53.86% |
Stock Price Statistics
The stock price has increased by +25.17% 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 | +25.17% |
| 50-Day Moving Average | 10.00 |
| 200-Day Moving Average | 8.78 |
| Relative Strength Index (RSI) | 60.75 |
| Average Volume (20 Days) | 226,574 |
Short Selling Information
The latest short interest is 1.44 million, so 1.68% of the outstanding shares have been sold short.
| Short Interest | 1.44M |
| Short Previous Month | 1.04M |
| Short % of Shares Out | 1.68% |
| Short % of Float | 6.73% |
| Short Ratio (days to cover) | 6.81 |
Income Statement
In the last 12 months, Hagerty had revenue of $1.05 billion and earned $15.46 million in profits. Earnings per share was $0.08.
| Revenue | 1.05B |
| Gross Profit | 333.88M |
| Operating Income | 39.12M |
| Pretax Income | 39.03M |
| Net Income | 15.46M |
| EBITDA | 71.12M |
| EBIT | 14.62M |
| Earnings Per Share (EPS) | $0.08 |
Balance Sheet
The company has $783.32 million in cash and $140.67 million in debt, giving a net cash position of $642.65 million or $7.50 per share.
| Cash & Cash Equivalents | 783.32M |
| Total Debt | 140.67M |
| Net Cash | 642.65M |
| Net Cash Per Share | $7.50 |
| Equity (Book Value) | 93.53M |
| Book Value Per Share | 1.09 |
| Working Capital | 395.78M |
Cash Flow
In the last 12 months, operating cash flow was $180.22 million and capital expenditures -$22.81 million, giving a free cash flow of $157.41 million.
| Operating Cash Flow | 180.22M |
| Capital Expenditures | -22.81M |
| Free Cash Flow | 157.41M |
| FCF Per Share | $1.86 |
Margins
Gross margin is 31.69%, with operating and profit margins of 3.71% and 1.47%.
| Gross Margin | 31.69% |
| Operating Margin | 3.71% |
| Pretax Margin | 3.70% |
| Profit Margin | 1.47% |
| EBITDA Margin | 6.75% |
| EBIT Margin | 1.39% |
| FCF Margin | 14.94% |
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 | -1.72% |
| Shareholder Yield | -1.72% |
| Earnings Yield | 1.61% |
| FCF Yield | 16.41% |
Analyst Forecast
The average price target for Hagerty is $11.00, which is -1.70% lower than the current price. The consensus rating is "Hold".
| Price Target | $11.00 |
| Price Target Difference | -1.70% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
| 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 1.13 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.13 |
| Piotroski F-Score | 8 |