Heritage Commerce Statistics
Total Valuation
HTBK has a market cap or net worth of $500.37 million. The enterprise value is $131.74 million.
| Market Cap | 500.37M |
| Enterprise Value | 131.74M |
Important Dates
The last earnings date was Thursday, April 25, 2024, after market close.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | Feb 7, 2024 |
Share Statistics
HTBK has 61.17 million shares outstanding. The number of shares has increased by 0.63% in one year.
| Shares Outstanding | 61.17M |
| Shares Change (YoY) | +0.63% |
| Shares Change (QoQ) | +0.01% |
| Owned by Insiders (%) | 3.98% |
| Owned by Institutions (%) | 77.29% |
| Float | 55.30M |
Valuation Ratios
The trailing PE ratio is 7.79 and the forward PE ratio is 10.17. HTBK's PEG ratio is 1.88.
| PE Ratio | 7.79 |
| Forward PE | 10.17 |
| PS Ratio | 2.61 |
| Forward PS | 2.81 |
| PB Ratio | 0.74 |
| P/FCF Ratio | 7.01 |
| PEG Ratio | 1.88 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 1.40, with an EV/FCF ratio of 1.85.
| EV / Earnings | 2.04 |
| EV / Sales | 0.69 |
| EV / EBITDA | 1.40 |
| EV / EBIT | 1.46 |
| EV / FCF | 1.85 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.42 |
| Debt / FCF | 0.55 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 9.80% and return on invested capital (ROIC) is 9.05%.
| Return on Equity (ROE) | 9.80% |
| Return on Assets (ROA) | 1.20% |
| Return on Capital (ROIC) | 9.05% |
| Revenue Per Employee | $548,633 |
| Profits Per Employee | $184,650 |
| Employee Count | 349 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, HTBK has paid $25.98 million in taxes.
| Income Tax | 25.98M |
| Effective Tax Rate | 28.73% |
Stock Price Statistics
The stock price has increased by +7.63% in the last 52 weeks. The beta is 0.89, so HTBK's price volatility has been lower than the market average.
| Beta (1Y) | 0.89 |
| 52-Week Price Change | +7.63% |
| 50-Day Moving Average | 8.25 |
| 200-Day Moving Average | 8.76 |
| Relative Strength Index (RSI) | 50.12 |
| Average Volume (30 Days) | 398,720 |
Short Selling Information
The latest short interest is 758,735, so 1.24% of the outstanding shares have been sold short.
| Short Interest | 758,735 |
| Short Previous Month | 718,906 |
| Short % of Shares Out | 1.24% |
| Short % of Float | 1.37% |
| Short Ratio (days to cover) | 1.88 |
Income Statement
In the last 12 months, HTBK had revenue of $191.47 million and earned $64.44 million in profits. Earnings per share was $1.05.
| Revenue | 191.47M |
| Gross Profit | 191.47M |
| Operating Income | 90.42M |
| Pretax Income | 90.42M |
| Net Income | 64.44M |
| EBITDA | 93.94M |
| EBIT | 90.42M |
| Earnings Per Share (EPS) | $1.05 |
Balance Sheet
The company has $408.13 million in cash and $39.50 million in debt, giving a net cash position of $368.63 million or $6.03 per share.
| Cash & Cash Equivalents | 408.13M |
| Total Debt | 39.50M |
| Net Cash | 368.63M |
| Net Cash Per Share | $6.03 |
| Equity / Book Value | 672.90M |
| Book Value Per Share | 11.00 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $73.01 million and capital expenditures -$1.67 million, giving a free cash flow of $71.34 million.
| Operating Cash Flow | 73.01M |
| Capital Expenditures | -1.67M |
| Free Cash Flow | 71.34M |
| FCF Per Share | $1.17 |
Margins
Gross margin is 100.00%, with operating and profit margins of 47.22% and 33.66%.
| Gross Margin | 100.00% |
| Operating Margin | 47.22% |
| Pretax Margin | 47.22% |
| Profit Margin | 33.66% |
| EBITDA Margin | 49.06% |
| EBIT Margin | 47.22% |
| FCF Margin | 37.26% |
Dividends & Yields
This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 6.36%.
| Dividend Per Share | $0.52 |
| Dividend Yield | 6.36% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 49.52% |
| Buyback Yield | -0.63% |
| Shareholder Yield | 5.73% |
| Earnings Yield | 12.88% |
| FCF Yield | 14.26% |
Analyst Forecast
The average price target for HTBK is $10.75, which is 31.42% higher than the current price. The consensus rating is "Buy".
| Price Target | $10.75 |
| Price Target Difference | 31.42% |
| 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 | 5 |