Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Heritage Global Inc. Market Cap
The Heritage Global Inc. (HGBL) share price is expected to increase by 140.85% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered HGBL. Price targets range from $3 at the low end to $5 at the high end. The current analyst consensus for HGBL is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 3 Wall Street analysts have assignedHGBL 3 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Heritage Global Inc. to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on HGBL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of HGBL.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Mark Argento Lake Street | Buy | $6 | Maintains | Aug 11, 2023 |
| George Sutton Craig-Hallum | Buy | $6 | Initiates | May 30, 2023 |
Lake Street | Buy | Initiates | Oct 7, 2020 |
When did it IPO
1993
Staff Count
82
Country
United States
Sector/Industry
Financial Services/Capital Markets
CEO
Mr. Ross M. Dove
Market Cap
$62.9M
In 2023, HGBL generated $60.5M in revenue, which was a increase of 29.06% from the previous year. This can be seen as a signal that HGBL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Sat, 09 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Heritage Global, Inc. (NASDAQ:HGBL) will hold its Q3 2024 Earnings Conference Call on November 7, 2024, at 5:00 PM ET, featuring key company executives and analysts.
Why It Matters - The earnings call for Heritage Global, Inc. may provide insights into the company's financial health, growth prospects, and market positioning, influencing investor sentiment and stock performance.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Heritage Global Inc. (NASDAQ: HGBL) reported its financial results for Q3 and the first nine months of 2024, detailing performance metrics in an upcoming release.
Why It Matters - Heritage Global's financial results impact stock valuation, indicating company performance and growth potential, influencing investor sentiment and future investment decisions.
Mon, 07 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Heritage Global Inc. (NASDAQ: HGBL) will release Q3 2024 financial results on November 7, 2024, after market close, followed by a webcast and conference call at 5:00 p.m. ET.
Why It Matters - Heritage Global's upcoming Q3 2024 earnings release and conference call could influence stock performance, providing insights into financial health and growth prospects.
Fri, 27 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - The market for refurbished laboratory equipment is growing due to rising new equipment costs, tighter budgets in labs, and increased focus on environmental sustainability.
Why It Matters - Increasing costs and budget constraints in labs boost demand for refurbished equipment, signaling a shift in market dynamics that could impact related companies and investment opportunities.
Sat, 10 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Heritage Global Inc. held its Q2 2024 earnings call on August 8, 2024, featuring CEO Ross Dove and CFO Brian Cobb, with participants in a listen-only mode.
Why It Matters - The earnings call provides insights into Heritage Global Inc.'s financial performance, operational strategies, and future projections, influencing investor sentiment and stock valuation.
Mon, 12 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Heritage Global Partners, a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), will conduct two online auctions for Cue Health's assets, as appointed by the Chapter 7 Trustee.
Why It Matters - The auction of Cue Health's assets signals financial distress, impacting investor sentiment and potentially leading to volatility in Heritage Global Inc.'s stock.
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