Heritage Global Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 73 out of 118 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 3.48.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
73 / 118
Overall Ranking
273 / 4521
Industry
Investment Banking & Investment Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
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 0.69, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 13.68M shares, decreasing 17.77% 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.