Heritage Global Inc's fundamentals are relatively very healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 70/116 in the Investment Banking & Investment Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 3.44.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Heritage Global Inc's Score
Industry at a Glance
Industry Ranking
70 / 116
Overall Ranking
265 / 4582
Industry
Investment Banking & Investment Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
4
analysts
Buy
Current Rating
3.440
Target Price
+177.42%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Heritage Global Inc Highlights
StrengthsRisks
Heritage Global Inc. is an asset services company specializing in financial and industrial asset transactions. The Company's segments consist of the Auction and Liquidation segment, Refurbishment & Resale segment, Brokerage segment, and Specialty Lending segment. The Auction and Liquidation segment, through Heritage Global Partners, Inc., operates as a global full-service auction, appraisal and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment. The Refurbishment & Resale segment, through Heritage ALT LLC, acquires, refurbishes and supplies specialized laboratory equipment. The Brokerage segment, through National Loan Exchange Inc., brokers charge-off receivables in the United States and Canada on behalf of financial institutions. The Specialty Lending segment, through Heritage Global Capital LLC, provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios.
Growing
The company is in a growing phase, with the latest annual income totaling USD 45.36M.
Undervalued
The company’s latest PB is 0.65, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 13.61M shares, decreasing 21.62% quarter-over-quarter.
Heritage Global Inc. is an asset services company specializing in financial and industrial asset transactions. The Company's segments consist of the Auction and Liquidation segment, Refurbishment & Resale segment, Brokerage segment, and Specialty Lending segment. The Auction and Liquidation segment, through Heritage Global Partners, Inc., operates as a global full-service auction, appraisal and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment. The Refurbishment & Resale segment, through Heritage ALT LLC, acquires, refurbishes and supplies specialized laboratory equipment. The Brokerage segment, through National Loan Exchange Inc., brokers charge-off receivables in the United States and Canada on behalf of financial institutions. The Specialty Lending segment, through Heritage Global Capital LLC, provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios.
Ticker SymbolHGBL
CompanyHeritage Global Inc
CEODove (Ross M)
Websitehttps://hginc.com/
FAQs
What is the current price of Heritage Global Inc (HGBL)?
The current price of Heritage Global Inc (HGBL) is 1.250.
What is the symbol of Heritage Global Inc?
The ticker symbol of Heritage Global Inc is HGBL.
What is the 52-week high of Heritage Global Inc?
The 52-week high of Heritage Global Inc is 2.390.
What is the 52-week low of Heritage Global Inc?
The 52-week low of Heritage Global Inc is 1.210.
What is the market capitalization of Heritage Global Inc?
The market capitalization of Heritage Global Inc is 43.43M.
What is the net income of Heritage Global Inc?
The net income of Heritage Global Inc is 5.18M.
Is Heritage Global Inc (HGBL) currently rated as Buy, Hold, or Sell?
According to analysts, Heritage Global Inc (HGBL) has an overall rating of Buy, with a price target of 3.440.
What is the Earnings Per Share (EPS TTM) of Heritage Global Inc (HGBL)?
The Earnings Per Share (EPS TTM) of Heritage Global Inc (HGBL) is 0.088.