With 91173.0 shares changed hands, the volume of the stock remained heavier than its average volume of 66990.0 shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $2.01 whereas the lowest price it dropped to was $1.95. The 52-week range on HGBL shows that it touched its highest point at $3.09 and its lowest point at $1.52 during that stretch. It currently has a 1-year price target of $4.17. Beta for the stock currently stands at 1.15.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HGBL was up-trending over the past week, with a rise of 8.11%, but this was up by 16.28% over a month. Three-month performance surged to 19.05% while six-month performance fell -20.48%. The stock lost -28.57% in the past year, while it has gained 8.11% so far this year. A look at the trailing 12-month EPS for HGBL yields 0.28 with Next year EPS estimates of 0.26. For the next quarter, that number is 0.06. This implies an EPS growth rate of -32.32% for this year and 17.91% for next year.
Float and Shares Shorts:
At present, 36.34 million HGBL shares are outstanding with a float of 32.76 million shares on hand for trading. On 2024-12-13, short shares totaled 24153.0, which was 6.999999999999999 higher than short shares on 1731628800. In addition to Mr. Ross M. Dove as the firm’s President, CEO & Director, Mr. David Van Ludwig serves as its President of Financial Assets Division & Director.
Institutional Ownership:
Through their ownership of 0.31792998 of HGBL’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, HGBL reported revenue of $10410000.0 and operating income of $1379000.0. The EBITDA in the recently reported quarter was $1531000.0 and diluted EPS was $0.03.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With HGBL analysts setting a high price target of 5.0 and a low target of 3.0, the average target price over the next 12 months is 4.16667. Based on these targets, HGBL could surge 150.0% to reach the target high and rise by 50.0% to reach the target low. Reaching the average price target will result in a growth of 108.33% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.22906 being high and $0.2176 being low. For HGBL, this leads to a yearly average estimate of $0.22333.
