Is Heritage Financial Stock a Good Investment?
Heritage Financial Investment Advice | HFWA |
- Examine Heritage Financial's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Heritage Financial's leadership team and their track record. Good management can help Heritage Financial navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Regional Banks space and any emerging trends that could impact Heritage Financial's business and its evolving consumer preferences.
- Compare Heritage Financial's performance and market position to its competitors. Analyze how Heritage Financial is positioned in terms of product offerings, innovation, and market share.
- Check if Heritage Financial pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Heritage Financial's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Heritage Financial stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Heritage Financial is a good investment.
Sell | Buy |
Buy
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Heritage Financial Stock
Researching Heritage Financial's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 83.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.03. Some equities with similar Price to Book (P/B) outperform the market in the long run. Heritage Financial has Price/Earnings To Growth (PEG) ratio of 2.13. The entity last dividend was issued on the 6th of November 2024. The firm had 21:20 split on the 28th of September 2005.
To determine if Heritage Financial is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Heritage Financial's research are outlined below:
| Heritage Financial has a strong financial position based on the latest SEC filings | |
| Over 83.0% of the company shares are owned by institutional investors | |
| On 20th of November 2024 Heritage Financial paid $ 0.23 per share dividend to its current shareholders | |
| 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 Financial Quarterly Good Will |
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Heritage Financial uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Heritage Financial. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Heritage Financial's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 18th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Heritage Financial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Heritage Financial's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-08-02 | 2010-06-30 | 0.04 | 0.05 | 0.01 | 25 | ||
1999-01-25 | 1998-12-31 | 0.12 | 0.1 | -0.02 | 16 | ||
2016-01-28 | 2015-12-31 | 0.29 | 0.32 | 0.03 | 10 | ||
2013-07-23 | 2013-06-30 | 0.21 | 0.18 | -0.03 | 14 | ||
2010-01-28 | 2009-12-31 | 0.01 | 0.04 | 0.03 | 300 | ||
2009-07-29 | 2009-06-30 | -0.07 | -0.04 | 0.03 | 42 | ||
2002-04-24 | 2002-03-31 | 0.26 | 0.29 | 0.03 | 11 | ||
2001-07-24 | 2001-06-30 | 0.16 | 0.19 | 0.03 | 18 |
Know Heritage Financial's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Heritage Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Heritage Financial backward and forwards among themselves. Heritage Financial's institutional investor refers to the entity that pools money to purchase Heritage Financial's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Goldman Sachs Group Inc | 2024-06-30 | 460.8 K | Northern Trust Corp | 2024-09-30 | 427.5 K | Aqr Capital Management Llc | 2024-06-30 | 365.5 K | Manufacturers Life Insurance Co | 2024-09-30 | 335.3 K | Proshare Advisors Llc | 2024-09-30 | 327.7 K | Lord, Abbett & Co Llc | 2024-09-30 | 320.3 K | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 311.1 K | Renaissance Technologies Corp | 2024-09-30 | 296 K | American Century Companies Inc | 2024-09-30 | 292.9 K | Blackrock Inc | 2024-06-30 | 5 M | Vanguard Group Inc | 2024-09-30 | 2.5 M |
Heritage Financial's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 905.07 M.Market Cap |
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Heritage Financial's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.01 | 0.02 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.07 | 0.09 |
Determining Heritage Financial's profitability involves analyzing its financial statements and using various financial metrics to determine if Heritage Financial is a good buy. For example, gross profit margin measures Heritage Financial's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Heritage Financial's profitability and make more informed investment decisions.
Please note, the presentation of Heritage Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Heritage Financial's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Heritage Financial's management manipulating its earnings.
Evaluate Heritage Financial's management efficiency
The current year's Return On Tangible Assets is expected to grow to 0.01. The current year's Return On Capital Employed is expected to grow to 0.02. At present, Heritage Financial's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 2.3 B, whereas Total Current Assets are forecasted to decline to about 603.6 M. Heritage Financial's management efficiency ratios could be used to measure how well Heritage Financial manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 24.36 | 23.15 | |
| Tangible Book Value Per Share | 17.35 | 16.48 | |
| Enterprise Value Over EBITDA | 6.95 | 6.16 | |
| Price Book Value Ratio | 0.88 | 1.46 | |
| Enterprise Value Multiple | 6.95 | 6.16 | |
| Price Fair Value | 0.88 | 1.46 | |
| Enterprise Value | 545.9 M | 573.2 M |
Effective management at Heritage Financial has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Dividend Yield 0.0347 | Forward Dividend Yield 0.0347 | Forward Dividend Rate 0.92 | Beta 0.516 |
Basic technical analysis of Heritage Stock
As of the 25th of November, Heritage Financial retains the Market Risk Adjusted Performance of 0.1507, downside deviation of 2.08, and Risk Adjusted Performance of 0.1027. Heritage Financial technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Heritage Financial's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Heritage Financial insiders, such as employees or executives, is commonly permitted as long as it does not rely on Heritage Financial's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Heritage Financial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Chalfant Tony over six months ago Acquisition by Chalfant Tony of 558 shares of Heritage Financial at 18.38 subject to Rule 16b-3 | ||
Henning Thomas J over six months ago Disposition of 530 shares by Henning Thomas J of Heritage Financial subject to Rule 16b-3 | ||
Chalfant Tony over six months ago Acquisition by Chalfant Tony of 3682 shares of Heritage Financial subject to Rule 16b-3 | ||
Wilson Kelli Ann over a year ago Exercise or conversion by Wilson Kelli Ann of 526 shares of Heritage Financial subject to Rule 16b-3 | ||
Brian Vance over a year ago Exercise or conversion by Brian Vance of 1808 shares of Heritage Financial subject to Rule 16b-3 | ||
Wilson Kelli Ann over a year ago Exercise or conversion by Wilson Kelli Ann of 322 shares of Heritage Financial subject to Rule 16b-3 | ||
Wilson Kelli Ann over a year ago Acquisition by Wilson Kelli Ann of 1470 shares of Heritage Financial subject to Rule 16b-3 |
Heritage Financial's Outstanding Corporate Bonds
Heritage Financial issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Heritage Financial uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Heritage bonds can be classified according to their maturity, which is the date when Heritage Financial has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Heritage Financial's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Heritage Financial's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1027 | |||
| Market Risk Adjusted Performance | 0.1507 | |||
| Mean Deviation | 1.64 | |||
| Semi Deviation | 1.59 | |||
| Downside Deviation | 2.08 | |||
| Coefficient Of Variation | 802.11 | |||
| Standard Deviation | 2.65 | |||
| Variance | 7.04 | |||
| Information Ratio | 0.0754 | |||
| Jensen Alpha | 0.0454 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0964 | |||
| Treynor Ratio | 0.1407 | |||
| Maximum Drawdown | 19.67 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 3.5 | |||
| Downside Variance | 4.31 | |||
| Semi Variance | 2.54 | |||
| Expected Short fall | (1.74) | |||
| Skewness | 2.58 | |||
| Kurtosis | 14.55 |
| Risk Adjusted Performance | 0.1027 | |||
| Market Risk Adjusted Performance | 0.1507 | |||
| Mean Deviation | 1.64 | |||
| Semi Deviation | 1.59 | |||
| Downside Deviation | 2.08 | |||
| Coefficient Of Variation | 802.11 | |||
| Standard Deviation | 2.65 | |||
| Variance | 7.04 | |||
| Information Ratio | 0.0754 | |||
| Jensen Alpha | 0.0454 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0964 | |||
| Treynor Ratio | 0.1407 | |||
| Maximum Drawdown | 19.67 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 3.5 | |||
| Downside Variance | 4.31 | |||
| Semi Variance | 2.54 | |||
| Expected Short fall | (1.74) | |||
| Skewness | 2.58 | |||
| Kurtosis | 14.55 |
Consider Heritage Financial's intraday indicators
Heritage Financial intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Heritage Financial stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Heritage Financial Corporate Filings
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 7th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 6th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 24th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Heritage Stock media impact
Far too much social signal, news, headlines, and media speculation about Heritage Financial that are available to investors today. That information is available publicly through Heritage media outlets and privately through word of mouth or via Heritage internal channels. However, regardless of the origin, that massive amount of Heritage data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Heritage Financial news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Heritage Financial relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Heritage Financial's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Heritage Financial alpha.
Heritage Financial Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Heritage Financial can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Heritage Financial Corporate Management
| Bryan McDonald | Chief Lending Officer and Executive VP | Profile | |
| Anthony Chalfant | Executive Officer | Profile | |
| Kaylene Lahn | Senior Secretary | Profile | |
| Cindy Hirman | Executive Bank | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Regional Banks 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 Financial. 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 Financial 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 (0.35) | Dividend Share 0.91 | Earnings Share 1.08 | Revenue Per Share 5.885 | Quarterly Revenue Growth (0.17) |
The market value of Heritage Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is Heritage Financial'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 Financial's market value can be influenced by many factors that don't directly affect Heritage Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Heritage Financial's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Heritage Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Financial'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.