Heritage Insurance Holdings Inc's fundamentals are relatively very healthy, with industry-average ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 28 out of 117 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 36.50.In the medium term, the stock price is expected to trend down.Despite a weak 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.
Media Coverage
The current financial score of Heritage Insurance Holdings Inc is 8.72, ranking 11 out of 117 in the Insurance industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 215.32M, representing a year-over-year increase of 2.40%, while its net profit experienced a year-over-year increase of 228.56%.
Key Metrics
The current valuation score of Heritage Insurance Holdings Inc is 7.55, ranking 46 out of 117 in the Insurance industry. Its current P/E ratio is 4.08, which is 151.73% below the recent high of 10.26 and 388.92% above the recent low of -11.78.
The current earnings forecast score of Heritage Insurance Holdings Inc is 7.33, ranking 41 out of 117 in the Insurance industry. The average price target is 35.50, with a high of 37.00 and a low of 34.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Heritage Insurance Holdings Inc is 6.98, ranking 22 out of 117 in the Insurance industry. Currently, the stock price is trading between the resistance level at 28.26 and the support level at 24.22, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Heritage Insurance Holdings Inc is 5.00, ranking 71 out of 117 in the Insurance industry. The latest institutional shareholding proportion is 65.84%, representing a quarter-over-quarter increase of 3.07%. The largest institutional shareholder is The Vanguard, holding a total of 1.87M shares, representing 6.08% of shares outstanding, with 45.00% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Insurance domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Heritage Insurance Holdings Inc is 5.73, ranking 56 out of 117 in the Insurance industry. The company's beta value is 0.95. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Heritage Insurance Holdings Inc’s latest ESG disclosure is at an average level in the Insurance industry, showing no material impact on overall risk.
