Heritage Commerce Statistics
Total Valuation
HTBK has a market cap or net worth of $616.85 million. The enterprise value is $115.03 million.
| Market Cap | 616.85M |
| Enterprise Value | 115.03M |
Important Dates
The next estimated earnings date is Monday, July 29, 2024, after market close.
| Earnings Date | Jul 29, 2024 |
| Ex-Dividend Date | May 8, 2024 |
Share Statistics
HTBK has 61.26 million shares outstanding. The number of shares has increased by 0.45% in one year.
| Shares Outstanding | 61.26M |
| Shares Change (YoY) | +0.45% |
| Shares Change (QoQ) | +0.12% |
| Owned by Insiders (%) | 4.02% |
| Owned by Institutions (%) | 78.14% |
| Float | 54.35M |
Valuation Ratios
The trailing PE ratio is 10.95 and the forward PE ratio is 13.22. HTBK's PEG ratio is 1.88.
| PE Ratio | 10.95 |
| Forward PE | 13.22 |
| PS Ratio | 3.40 |
| Forward PS | 3.55 |
| PB Ratio | 0.91 |
| P/FCF Ratio | 12.74 |
| PEG Ratio | 1.88 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 1.41, with an EV/FCF ratio of 2.38.
| EV / Earnings | 2.07 |
| EV / Sales | 0.63 |
| EV / EBITDA | 1.41 |
| EV / EBIT | 1.47 |
| EV / FCF | 2.38 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.48 |
| Debt / FCF | 0.82 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 8.40% and return on invested capital (ROIC) is 7.78%.
| Return on Equity (ROE) | 8.40% |
| Return on Assets (ROA) | 1.10% |
| Return on Capital (ROIC) | 7.78% |
| Revenue Per Employee | $519,877 |
| Profits Per Employee | $159,576 |
| Employee Count | 349 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, HTBK has paid $22.56 million in taxes.
| Income Tax | 22.56M |
| Effective Tax Rate | 28.83% |
Stock Price Statistics
The stock price has increased by +7.13% in the last 52 weeks. The beta is 0.93, so HTBK's price volatility has been similar to the market average.
| Beta (5Y) | 0.93 |
| 52-Week Price Change | +7.13% |
| 50-Day Moving Average | 8.41 |
| 200-Day Moving Average | 8.59 |
| Relative Strength Index (RSI) | 76.05 |
| Average Volume (20 Days) | 426,702 |
Short Selling Information
The latest short interest is 1.05 million, so 1.71% of the outstanding shares have been sold short.
| Short Interest | 1.05M |
| Short Previous Month | 896,835 |
| Short % of Shares Out | 1.71% |
| Short % of Float | 1.93% |
| Short Ratio (days to cover) | 2.37 |
Income Statement
In the last 12 months, HTBK had revenue of $181.44 million and earned $55.69 million in profits. Earnings per share was $0.92.
| Revenue | 181.44M |
| Gross Profit | 181.44M |
| Operating Income | 78.25M |
| Pretax Income | 78.25M |
| Net Income | 55.69M |
| EBITDA | 81.75M |
| EBIT | 78.25M |
| Earnings Per Share (EPS) | $0.92 |
Balance Sheet
The company has $541.36 million in cash and $39.54 million in debt, giving a net cash position of $501.82 million or $8.19 per share.
| Cash & Cash Equivalents | 541.36M |
| Total Debt | 39.54M |
| Net Cash | 501.82M |
| Net Cash Per Share | $8.19 |
| Equity (Book Value) | 676.30M |
| Book Value Per Share | 11.04 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $50.39 million and capital expenditures -$1.99 million, giving a free cash flow of $48.40 million.
| Operating Cash Flow | 50.39M |
| Capital Expenditures | -1.99M |
| Free Cash Flow | 48.40M |
| FCF Per Share | $0.79 |
Margins
Gross margin is 100.00%, with operating and profit margins of 43.13% and 30.69%.
| Gross Margin | 100.00% |
| Operating Margin | 43.13% |
| Pretax Margin | 43.13% |
| Profit Margin | 30.69% |
| EBITDA Margin | 45.06% |
| EBIT Margin | 43.13% |
| FCF Margin | 26.68% |
Dividends & Yields
This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 5.16%.
| Dividend Per Share | $0.52 |
| Dividend Yield | 5.16% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 56.52% |
| Buyback Yield | -0.45% |
| Shareholder Yield | 4.72% |
| Earnings Yield | 9.03% |
| FCF Yield | 7.85% |
Analyst Forecast
The average price target for HTBK is $10.50, which is 4.27% higher than the current price. The consensus rating is "Buy".
| Price Target | $10.50 |
| Price Target Difference | 4.27% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on February 3, 2000. It was a forward split with a ratio of 11:10.
| Last Split Date | Feb 3, 2000 |
| Split Type | Forward |
| Split Ratio | 11:10 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 3 |