Heritage Global Stock Target Price and Analyst Consensus

HGBL Stock  USD 1.76  0.04  2.33%   
The current analyst and expert consensus on Heritage Global is Strong Buy, with 2 strong buy opinions. The current projected Heritage Global target price consensus is 5.67 with 3 analyst opinions. Check out Macroaxis Advice on Heritage Global to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.
The most common way Heritage Global analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Heritage Global executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Heritage Global. We encourage you to use your own analysis of Heritage Global to validate this buy or sell advice. Heritage Global buy-or-sell recommendation module provides average expert sentiment on the projected Heritage Global target price to derive its highest and lowest estimates based on projected price volatility of 2.2904.
Lowest Forecast
5.16
Highest Forecast
6.29
Target Price
5.67
At this time, Heritage Global's Gross Profit is quite stable compared to the past year. Pretax Profit Margin is expected to rise to 0.24 this year, although the value of Gross Profit Margin will most likely fall to 0.42. At this time, Heritage Global's Cash is quite stable compared to the past year. Non Current Assets Total is expected to rise to about 59.7 M this year, although the value of Property Plant And Equipment Net will most likely fall to about 2.7 M.
  
It's important to approach Heritage Global's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Heritage Global price targets

Heritage Global's stock target price is an estimate of its future price, usually made by analysts. Using Heritage Global's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Heritage Global's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Heritage Global's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Heritage Global Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Heritage Global is a key component of Heritage Global valuation and have some predictive power on the future returns of a Heritage Global.
Hype
Prediction
LowEstimatedHigh
0.091.764.05
Details
Intrinsic
Valuation
LowRealHigh
0.372.664.95
Details
Naive
Forecast
LowNextHigh
0.041.834.12
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.050.060.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Heritage Global. Your research has to be compared to or analyzed against Heritage Global's peers to derive any actionable benefits. When done correctly, Heritage Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Heritage Global.

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When determining whether Heritage Global is a strong investment it is important to analyze Heritage Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heritage Global's future performance. For an informed investment choice regarding Heritage Stock, refer to the following important reports:
Check out Macroaxis Advice on Heritage Global to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.