Heritage Insurance Hldgs Stock Buy Hold or Sell Recommendation
| HRTG Stock | USD 12.43 0.06 0.48% |
Given the investment horizon of 90 days and your conservative risk appetite, our recommendation regarding Heritage Insurance Hldgs is 'Strong Sell'. Macroaxis provides Heritage Insurance buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HRTG positions.
Check out Heritage Insurance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Heritage and provide practical buy, sell, or hold advice based on investors' constraints. Heritage Insurance Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Heritage |
Execute Heritage Insurance Buy or Sell Advice
The Heritage recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Heritage Insurance Hldgs. Macroaxis does not own or have any residual interests in Heritage Insurance Hldgs or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Heritage Insurance's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Heritage Insurance Trading Alerts and Improvement Suggestions
| Heritage Insurance generated a negative expected return over the last 90 days | |
| Heritage Insurance has high historical volatility and very poor performance | |
| Heritage Insurance is unlikely to experience financial distress in the next 2 years | |
| Heritage Insurance Hldgs currently holds 148.19 M in liabilities with Debt to Equity (D/E) ratio of 0.85, which is about average as compared to similar companies. Heritage Insurance Hldgs has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Heritage Insurance's use of debt, we should always consider it together with its cash and equity. | |
| About 27.0% of Heritage Insurance shares are held by company insiders | |
| Latest headline from businesswire.com: AM Best Downgrades Issuer Credit Rating of Gleaner Life Insurance Society Maintains Under Review With Developing Implications Status on Credit Ratings |
Heritage Insurance Returns Distribution Density
The distribution of Heritage Insurance's historical returns is an attempt to chart the uncertainty of Heritage Insurance's future price movements. The chart of the probability distribution of Heritage Insurance daily returns describes the distribution of returns around its average expected value. We use Heritage Insurance Hldgs price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Heritage Insurance returns is essential to provide solid investment advice for Heritage Insurance.
| Mean Return | -0.1 | Value At Risk | -4.74 | Potential Upside | 5.79 | Standard Deviation | 5.52 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Heritage Insurance historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Heritage Stock Institutional Investors
| Shares | Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 318.5 K | Qube Research & Technologies | 2024-06-30 | 301 K | Two Sigma Investments Llc | 2024-09-30 | 296.1 K | State Street Corp | 2024-06-30 | 291.3 K | Citadel Advisors Llc | 2024-09-30 | 262.1 K | Nuveen Asset Management, Llc | 2024-06-30 | 250.5 K | Assenagon Asset Management Sa | 2024-09-30 | 235 K | Cubist Systematic Strategies, Llc | 2024-09-30 | 209.9 K | Millennium Management Llc | 2024-06-30 | 192.3 K | Blackrock Inc | 2024-06-30 | 1.8 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.4 M |
Heritage Insurance Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 20.6M | 163.4M | (81.6M) | (77.2M) | 185.8M | 195.1M | |
| Free Cash Flow | 114.7M | 169.5M | 59.1M | (46.6M) | 60.5M | 67.6M | |
| Other Non Cash Items | 2.7M | (15.6M) | 66.5M | 96.0M | (459K) | (436.1K) | |
| Capital Expenditures | 5.0M | 755K | 1.0M | 12.4M | 9.9M | 10.4M | |
| Net Income | 28.6M | 9.3M | (74.7M) | (154.4M) | 45.3M | 47.6M | |
| End Period Cash Flow | 283.0M | 446.4M | 364.8M | 287.6M | 473.3M | 266.1M | |
| Depreciation | 10.4M | 8.1M | 8.4M | 8.4M | 8.7M | 9.0M | |
| Investments | (49.0M) | 22.8M | (126.1M) | (40.4M) | 100.8M | 105.8M | |
| Change Receivables | (108.6M) | 39.8M | 70.7M | (598.2M) | (538.4M) | (511.5M) | |
| Net Borrowings | (3.1M) | (290K) | (2.1M) | 7.1M | 6.4M | 6.1M | |
| Dividends Paid | 7.0M | 6.9M | 6.7M | 4.8M | 11K | 10.5K | |
| Change To Netincome | 4.5M | 10.9M | 55.9M | 82.4M | 94.7M | 99.5M |
Heritage Insurance Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Heritage Insurance or Insurance sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Heritage Insurance's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Heritage stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 1.32 | |
σ | Overall volatility | 5.56 | |
Ir | Information ratio | -0.04 |
Heritage Insurance Volatility Alert
Heritage Insurance Hldgs exhibits very low volatility with skewness of -1.57 and kurtosis of 7.54. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Heritage Insurance's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Heritage Insurance's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Heritage Insurance Fundamentals Vs Peers
Comparing Heritage Insurance's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Heritage Insurance's direct or indirect competition across all of the common fundamentals between Heritage Insurance and the related equities. This way, we can detect undervalued stocks with similar characteristics as Heritage Insurance or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Heritage Insurance's fundamental indicators could also be used in its relative valuation, which is a method of valuing Heritage Insurance by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Heritage Insurance to competition |
| Fundamentals | Heritage Insurance | Peer Average |
| Return On Equity | 0.34 | -0.31 |
| Return On Asset | 0.0259 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.06 % | (5.51) % |
| Current Valuation | 17.74 M | 16.62 B |
| Shares Outstanding | 30.68 M | 571.82 M |
| Shares Owned By Insiders | 26.80 % | 10.09 % |
| Shares Owned By Institutions | 54.58 % | 39.21 % |
| Number Of Shares Shorted | 966.91 K | 4.71 M |
| Price To Earning | 5.09 X | 28.72 X |
| Price To Book | 1.36 X | 9.51 X |
| Price To Sales | 0.48 X | 11.42 X |
| Revenue | 735.5 M | 9.43 B |
| Gross Profit | 4.99 M | 27.38 B |
| EBITDA | 71.9 M | 3.9 B |
| Net Income | 45.31 M | 570.98 M |
| Cash And Equivalents | 290.93 M | 2.7 B |
| Cash Per Share | 11.26 X | 5.01 X |
| Total Debt | 148.19 M | 5.32 B |
| Debt To Equity | 0.84 % | 48.70 % |
| Current Ratio | 0.68 X | 2.16 X |
| Book Value Per Share | 9.59 X | 1.93 K |
| Cash Flow From Operations | 70.42 M | 971.22 M |
| Short Ratio | 1.29 X | 4.00 X |
| Earnings Per Share | 2.53 X | 3.12 X |
| Target Price | 16.0 | |
| Number Of Employees | 566 | 18.84 K |
| Beta | 0.99 | -0.15 |
| Market Capitalization | 383.25 M | 19.03 B |
| Total Asset | 2.15 B | 29.47 B |
| Retained Earnings | 26.12 M | 9.33 B |
| Five Year Return | 2.79 % | |
| Net Asset | 2.15 B |
Note: Acquisition by Whiting Paul L of 5000 shares of Heritage Insurance at 7.74 subject to Rule 16b-3 [view details]
Heritage Insurance Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Heritage . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 5635.28 | |||
| Daily Balance Of Power | (0.15) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 12.25 | |||
| Day Typical Price | 12.31 | |||
| Price Action Indicator | 0.15 | |||
| Period Momentum Indicator | (0.06) |
About Heritage Insurance Buy or Sell Advice
When is the right time to buy or sell Heritage Insurance Hldgs? Buying financial instruments such as Heritage Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Heritage Insurance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Market Neutral Funds
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Market Neutral Funds Theme or any other thematic opportunities.
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Check out Heritage Insurance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Insurance. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.033 | Earnings Share 2.53 | Revenue Per Share 26.755 | Quarterly Revenue Growth 0.137 | Return On Assets 0.0259 |
The market value of Heritage Insurance Hldgs is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Insurance's value that differs from its market value or its book value, called intrinsic value, which is Heritage Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Insurance's market value can be influenced by many factors that don't directly affect Heritage Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.