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HGBL

HGBL - Heritage Global Inc. Stock Price, Fair Value and News

2.30USD-0.14 (-5.74%)Market Closed

Market Summary

HGBL
USD2.30-0.14
Market Closed
-5.74%

HGBL Stock Price

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HGBL RSI Chart

HGBL Valuation

Market Cap

85.9M

Price/Earnings (Trailing)

7.5

Price/Sales (Trailing)

1.53

EV/EBITDA

5.16

Price/Free Cashflow

15.44

HGBL Price/Sales (Trailing)

HGBL Profitability

EBT Margin

22.52%

Return on Equity

18.16%

Return on Assets

13.67%

Free Cashflow Yield

6.48%

HGBL Fundamentals

HGBL Revenue

Revenue (TTM)

56.1M

Rev. Growth (Yr)

-26.79%

Rev. Growth (Qtr)

-20.43%

HGBL Earnings

Earnings (TTM)

11.4M

Earnings Growth (Yr)

-36.41%

Earnings Growth (Qtr)

-63.21%

Breaking Down HGBL Revenue

Last 7 days

-1.7%

Last 30 days

-2.5%

Last 90 days

-21.8%

Trailing 12 Months

-40.3%

How does HGBL drawdown profile look like?

HGBL Financial Health

Current Ratio

2.07

HGBL Investor Care

Shares Dilution (1Y)

0.61%

Diluted EPS (TTM)

0.3

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202456.1M000
202354.2M56.2M59.1M60.5M
202228.0M33.9M40.6M46.9M
202129.0M28.1M26.5M25.8M
202023.9M22.6M23.5M26.2M
201924.4M25.0M26.5M26.2M
201820.9M22.9M23.3M23.7M
201723.4M24.3M20.4M20.1M
201618.2M18.6M23.4M23.8M
201522.7M23.4M21.1M17.4M
20148.7M9.5M13.4M20.0M
201312.5M10.6M9.8M8.1M
201219.5M11.6M12.5M14.1M
20119.0M11.7M14.5M17.2M
20100006.2M

Tracking the Latest Insider Buys and Sells of Heritage Global Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 20, 2024
dove ross
bought
20,066
2.75
7,297
ceo
Mar 19, 2024
dove nicholas kirk
bought
14,400
2.88
5,000
president, industrial assets
Mar 19, 2024
sklar james edward
sold (taxes)
-34,661
2.93
-11,830
evp, gen counsel & secretary
Mar 19, 2024
cobb brian j.
sold (taxes)
-39,959
2.93
-13,638
cfo
Mar 07, 2024
cobb brian j.
acquired
-
-
25,597
cfo
Mar 07, 2024
dove ross
acquired
-
-
76,850
ceo
Mar 07, 2024
sinsley barbara a
acquired
-
-
15,000
-
Mar 07, 2024
burnham william l
acquired
-
-
15,000
-
Mar 07, 2024
shimer samuel l
acquired
-
-
15,000
-
Mar 07, 2024
hexner michael
acquired
-
-
15,000
-

1–10 of 50

Which funds bought or sold HGBL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
JANE STREET GROUP, LLC
reduced
-23.33
-28,468
76,238
-%
May 16, 2024
Connective Capital Management, LLC
new
-
10,350,400
10,350,400
7.90%
May 16, 2024
Ancora Advisors LLC
added
34.62
271,588
1,247,100
0.03%
May 15, 2024
CITADEL ADVISORS LLC
added
19.43
9,067
76,674
-%
May 15, 2024
STATE STREET CORP
reduced
-3.28
-23,489
264,702
-%
May 15, 2024
MORGAN STANLEY
unchanged
-
-70.00
1,320
-%
May 15, 2024
AMERIPRISE FINANCIAL INC
reduced
-28.39
-157,201
334,129
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
sold off
-100
-56.00
-
-%
May 15, 2024
BARCLAYS PLC
sold off
-100
-52,000
-
-%
May 15, 2024
Federation des caisses Desjardins du Quebec
new
-
3,036
3,036
-%

1–10 of 50

Are Funds Buying or Selling HGBL?

Are funds buying HGBL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HGBL
No. of Funds

Unveiling Heritage Global Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
punch & associates investment management, inc.
7.50%
2,768,005
SC 13G/A
Feb 13, 2024
vanguard group inc
5.10%
1,893,646
SC 13G
Feb 12, 2024
topline capital partners, lp
6.5%
2,424,680
SC 13G/A
Mar 20, 2023
silber allan c
4.90%
1,810,913
SC 13D/A
Feb 13, 2023
punch & associates investment management, inc.
6.95%
2,566,530
SC 13G/A
Jun 09, 2022
silber allan c
6.22%
2,280,062
SC 13D/A
Feb 14, 2022
punch & associates investment management, inc.
6.52%
2,158,630
SC 13G/A
Sep 14, 2021
silber allan c
9.96%
3,612,865
SC 13D/A
May 12, 2021
silber allan c
11.2%
3,985,272
SC 13D/A
Feb 16, 2021
punch & associates investment management, inc.
6.13%
2,158,630
SC 13G

Recent SEC filings of Heritage Global Inc.

View All Filings
Date Filed Form Type Document
Jun 07, 2024
8-K
Current Report
May 17, 2024
DEFA14A
DEFA14A
May 09, 2024
10-Q
Quarterly Report
Apr 24, 2024
ARS
ARS
Apr 24, 2024
DEFA14A
DEFA14A
Apr 23, 2024
DEF 14A
DEF 14A
Apr 12, 2024
PRE 14A
PRE 14A
Mar 20, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading

Peers (Alternatives to Heritage Global Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
144.0B
73.1B
-4.17% 31.47%
15.3
1.97
79.47% -10.82%
77.8B
10.2B
-1.59% 20.73%
31.38
7.61
6.04% 71.75%
70.8B
5.7B
-5.33% 8.19%
22.15
12.5
-1.46% 11.66%
59.4B
4.0B
11.17% 350.65%
43.97
14.94
41.89% 159.36%
15.3B
2.2B
-9.80% -4.87%
31.3
7.11
7.26% 9.28%
12.9B
6.6B
-1.57% 48.38%
4.42
1.94
79.49% 33.59%
MID-CAP
4.8T
1.6B
14.14% -0.16%
12.8K
2.9K
105.49% 83.06%
9.3B
8.2B
-6.85% 32.50%
32.25
1.14
17.04% -68.59%
8.3B
1.9B
-5.35% 35.99%
29.58
4.33
5.80% 10.26%
7.6B
2.5B
-1.48% 58.12%
29.42
3.09
-6.73% -35.85%
4.0B
283.6M
3.50% 357.88%
63.54
14.24
122.34% 153.34%
SMALL-CAP
1.7B
802.0M
-8.37% 23.20%
16.91
2.1
-2.34% 8.49%
744.5M
10.3B
-12.82% -9.92%
9.34
0.07
24.66% -47.57%
17.3M
97.6M
-5.66% 105.60%
6.93
0.18
81.12% 1411.48%
5.9M
3.2M
-26.20% -96.44%
-0.18
1.86
-44.67% -114.57%

Heritage Global Inc. News

Latest updates
Defense World4 hours ago
Business Wire09 May 202407:00 am

Heritage Global Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-20.4%12,16115,28415,55113,09816,61213,83112,66111,0659,3577,5245,9915,1767,1018,2567,5666,1174,2445,5716,6227,4246,551
Costs and Expenses-6.5%10,39011,11312,77410,30313,09511,70210,89311,6138,5646,1665,3745,1046,0558,4306,0655,2744,1516,1135,3637,1235,892
  S&GA Expenses-2.1%6,3586,4946,8066,4406,3006,4195,6934,9394,2753,6773,4943,6713,9693,9333,3783,6663,4724,3233,9283,6983,925
EBITDA Margin-1.4%0.24*0.25*0.23*0.25*0.27*0.25*0.24*0.20*0.12*0.13*0.20*0.23*---------
Interest Expenses4.5%92.0088.0079.0019549.00-3.0041.0033.0032.0016.006.00--2.0012.00-29.0027.0015.0016.0016.00
Income Taxes253.7%667-434736221997-6,8401,1531,00919237453.00-50517.00-2,995345-1,02329.00-1,03039.0054.0024.00
Earnings Before Taxes-44.7%2,4664,4562,7133,0003,8263,1303,4533,5878371,33452782.001,0493,3221,6091,01667.00-4531,2551,548636
EBT Margin-2.6%0.23*0.23*0.21*0.24*0.26*0.23*0.23*0.19*0.10*0.12*0.19*0.22*---------
Net Income-63.2%1,7994,8901,9772,7792,8299,9702,3002,5786459604745871,0326,8211,2641,03238.005771,2161,494612
Net Income Margin-1.0%0.20*0.21*0.30*0.32*0.33*0.33*0.16*0.14*0.10*0.12*0.34*0.35*---------
Free Cashflow288.3%1,6544265,895-2,4138,8563,7911,397-2,0013,0811,493-1,2261,527---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.6%84.0083.0084.0080.0076.0068.0055.0053.0052.0050.0045.0043.0039.0045.0027.0023.0022.0022.0023.0023.0019.00
  Current Assets9.8%29.0026.0034.0033.0030.0024.0026.0025.0024.0023.0020.0022.0021.0027.0011.007.007.007.007.008.005.00
    Cash Equivalents26.9%16.0012.0016.0015.0016.0013.0017.0016.0015.0014.0013.0018.0016.0023.006.002.003.003.004.004.002.00
  Inventory-6.7%5.005.004.005.003.005.005.004.003.003.001.000.000.000.001.001.000.000.000.001.002.00
  Net PPE-1.2%2.002.002.002.002.002.001.001.001.001.001.000.000.000.000.000.000.000.000.000.000.00
  Goodwill0%7.007.007.007.007.007.007.007.007.007.007.006.006.006.006.006.006.006.006.006.006.00
Liabilities-6.4%21.0022.0028.0026.0024.0019.0017.0018.0019.0018.0014.0012.008.0015.0011.009.0010.0010.0011.0013.0011.00
  Current Liabilities-5.5%14.0015.0020.0017.0022.0016.0013.0014.0015.0014.0010.009.008.0014.0010.009.009.009.0010.0012.008.00
Shareholder's Equity3.2%63.0061.0056.0054.0051.0048.0038.0036.0033.0033.0032.0031.0031.0030.0016.0014.0012.0012.0011.0010.008.00
  Retained Earnings0.8%-231-233-237-239-242-245-255-257-260-260-261-262-262-263-270-271-273-273-274-275-276
  Additional Paid-In Capital0.1%295295294294294294293293293293293293293293286285285285285285285
Shares Outstanding0.5%37.0037.0037.0037.0036.0037.0036.0036.0036.0037.0036.0035.00---------
Float----106---42.00---72.00---40.00---14.00-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations275.8%1,6764465,912-2,2828,9453,9121,452-1,9743,0931,4951641,537-5,8276,3423,633-709-118-2533613,021-2,335
  Share Based Compensation17.5%22819417522817915617010810695.0010268.0014395.0097.0086.0075.0073.0063.0076.0071.00
Cashflow From Investing259.6%2,119-1,328-6,549-1,206-6,786-11,3861,6933,155-978-2,939-6,478808-1,5883,888118-79.00581-788-151-212-5.00
Cashflow From Financing79.4%-497-2,4171,1802,7909072,659-1,739-202-6401,8322,023-672-1187,360-189-72.00-98.00-132-60.00-894-92.00
  Buy Backs-100.0%-400---99.00191105-------------
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HGBL Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Total revenues$ 12,161$ 16,612
Operating costs and expenses:  
Selling, general and administrative6,3586,300
Depreciation and amortization141120
Total operating costs and expenses10,39013,095
Earnings of equity method investments787377
Operating income2,5583,894
Interest expense, net(92)(68)
Income before income tax expense2,4663,826
Income tax expense667997
Net income$ 1,799$ 2,829
Weighted average common shares outstanding – basic36,592,80136,005,150
Weighted average common shares outstanding – diluted37,367,26837,334,459
Net income per share – basic$ 0.05$ 0.08
Net income per share – diluted$ 0.05$ 0.08
Services Revenue [Member]  
Revenues:  
Total revenues$ 8,983$ 10,245
Operating costs and expenses:  
Cost of services revenue and assets sales1,4802,340
Asset Sales [Member]  
Revenues:  
Total revenues3,1786,367
Operating costs and expenses:  
Cost of services revenue and assets sales$ 2,411$ 4,335

HGBL Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 15,577$ 12,279
Accounts receivable (net of allowance for credit losses of $126 in 2024 and $132 in 2023)1,5581,910
Current portion of notes receivable (net of allowance for credit losses of $643 in 2024 and $650 in 2023)6,5146,581
Inventory – equipment4,7355,074
Other current assets490448
Total current assets28,87426,292
Non-current portion of notes receivable, net10,69810,890
Equity method investments20,27121,361
Right-of-use assets2,3772,539
Property and equipment, net1,6841,705
Intangible assets, net3,6553,753
Goodwill7,4467,446
Deferred tax assets8,6379,115
Other assets6467
Total assets83,70683,168
Current liabilities:  
Accounts payable and accrued liabilities4,5647,237
Payables to sellers6,8164,975
Current portion of third party debt1,7651,733
Current portion of lease liabilities779789
Total current liabilities13,92414,734
Non-current portion of third party debt5,0405,495
Non-current portion of lease liabilities1,7101,859
Total liabilities20,67422,088
Stockholders’ equity:  
Preferred stock, $10.00 par value, authorized 10,000,000 shares; issued and outstanding 563 of Series N as of March 31, 2024 and December 31, 2023; with liquidation preference over common stockholders equivalent to $1,000 per share66
Common stock, $0.01 par value, authorized 300,000,000 shares; issued 37,336,392 and 37,157,616 shares as of March 31, 2024 and December 31, 2023, respectively; and outstanding 36,940,217 and 36,761,441 shares as of March 31, 2024 and December 31, 2023, respectively373372
Additional paid-in capital294,674294,522
Accumulated deficit(231,227)(233,026)
Treasury stock at cost, 396,175 shares as of March 31, 2024 and December 31, 2023(794)(794)
Total stockholders’ equity63,03261,080
Total liabilities and stockholders’ equity$ 83,706$ 83,168
HGBL
Heritage Global Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company provides market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services. It focuses on identifying, valuing, acquiring, and monetizing underlying tangible and intangible assets. Heritage Global Inc. acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; charged-off receivable portfolios; and business enterprises. The company was formerly known as Counsel RB Capital Inc. and changed its name to Heritage Global, Inc. in August 2013. Heritage Global, Inc. was incorporated in 1983 and is headquartered in San Diego, California.
 CEO
 WEBSITEhginc.com
 INDUSTRYMortgage Finance
 EMPLOYEES75

Heritage Global Inc. Frequently Asked Questions


What is the ticker symbol for Heritage Global Inc.? What does HGBL stand for in stocks?

HGBL is the stock ticker symbol of Heritage Global Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Heritage Global Inc. (HGBL)?

As of Fri Jun 14 2024, market cap of Heritage Global Inc. is 85.88 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HGBL stock?

You can check HGBL's fair value in chart for subscribers.

What is the fair value of HGBL stock?

You can check HGBL's fair value in chart for subscribers. The fair value of Heritage Global Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Heritage Global Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HGBL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Heritage Global Inc. a good stock to buy?

The fair value guage provides a quick view whether HGBL is over valued or under valued. Whether Heritage Global Inc. is cheap or expensive depends on the assumptions which impact Heritage Global Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HGBL.

What is Heritage Global Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 14 2024, HGBL's PE ratio (Price to Earnings) is 7.5 and Price to Sales (PS) ratio is 1.53. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HGBL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Heritage Global Inc.'s stock?

In the past 10 years, Heritage Global Inc. has provided 0.2 (multiply by 100 for percentage) rate of return.