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Heritage Global Inc. (HGBL)

Financial Services | Capital Markets | San Diego, United States | NasdaqCM
1.26 USD

Short-term:★⯪☆☆☆Long-term:★⯪☆☆☆Dividends:☆☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 5:32 a.m. EDT

The immediate outlook is clouded by a severe earnings miss and deteriorating operational metrics. While the stock trades at a bargain valuation relative to book value, the company is actively reporting material non-cash charges related to winding down its lending operations, signaling a strategic retreat rather than organic growth. Fundamentally, the business is bleeding value with negative operating margins and a sharp contraction in revenue growth. The price action reflects this distress, having failed to recover from a massive 47% drop last year and continuing to slide in the trailing twelve months. With no dividend to provide income and a balance sheet showing significant debt relative to equity, there is no compelling case for a turnaround in the near term or a sustainable long-term hold.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.091092
AutoETS0.091544
AutoARIMA0.091544
AutoTheta0.101023

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 49%
H-stat 1.16
Ljung-Box p 0.000
Jarque-Bera p 0.133
Excess Kurtosis -1.36
Attribute Value
Sector Financial Services
Debt to Equity Ratio 10.302
Revenue per Share 1.394
Market Cap 43,645,700
Forward P/E 8.13
Beta 0.45
Profit Margins -29.63%
Website https://hginc.com

Info Dump

Attribute Value
52 Week Change -0.17105263
Address1 6,130 Nancy Ridge Drive
All Time High 401.25
All Time Low 0.01
Ask 1.68
Ask Size 2
Average Daily Volume10 Day 61,870
Average Daily Volume3 Month 189,890
Average Volume 189,890
Average Volume10Days 61,870
Beta 0.447
Bid 0.9288
Bid Size 2
Book Value 1.499
City San Diego
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.26
Current Ratio 1.694
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 1.26
Day Low 1.2359
Debt To Equity 10.302
Display Name Heritage Global
Dividend Yield 0.0
Earnings Call Timestamp End 1,793,908,800
Earnings Call Timestamp Start 1,793,908,800
Earnings Timestamp 1,793,908,800
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda 494,000
Ebitda Margins 0.010249999
Enterprise To Ebitda 72.499
Enterprise To Revenue 0.743
Enterprise Value 35,814,700
Eps Forward 0.155
Eps Trailing Twelve Months -0.41
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.246
Fifty Day Average Change 0.013999939
Fifty Day Average Change Percent 0.011235906
Fifty Two Week Change Percent -17.105263
Fifty Two Week High 1.63
Fifty Two Week High Change -0.37
Fifty Two Week High Change Percent -0.22699387
Fifty Two Week Low 1.01
Fifty Two Week Low Change 0.25
Fifty Two Week Low Change Percent 0.24752475
Fifty Two Week Range 1.01 - 1.63
Financial Currency USD
First Trade Date Milliseconds 732,897,000,000
Float Shares 25,848,647
Forward Eps 0.155
Forward P E 8.129032
Free Cashflow 946,375
Full Exchange Name NasdaqCM
Full Time Employees 84
Fullday Change -0.004999995
Fullday Change Percent -0.39682502
Fullday Price 1.26
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.64827
Gross Profits 31,250,000
Has Pre Post Market Data 1
Held Percent Insiders 0.11582
Held Percent Institutions 0.36937
Implied Shares Outstanding 34,639,445
Industry Capital Markets
Industry Disp Capital Markets
Industry Key capital-markets
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,070,928,000
Last Split Factor 1:20
Long Business Summary Heritage Global Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions in the United States. It operates through three segments: Auction and Liquidation, Refurbishment and Resale, Brokerage, and Specialty Lending. The company offers a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services. It is also involved in identifying, valuing, acquiring, and monetizing underlying tangible assets. In addition, the company acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; and charged-off receivable portfolios. The company was formerly known as Counsel RB Capital Inc. and changed its name to Heritage Global, Inc. in August 2013. Heritage Global, Inc. was founded in 1937 and is headquartered in San Diego, California.
Long Name Heritage Global Inc.
Market us_market
Market Cap 43,645,700
Market State POST
Max Age 86,400
Message Board Id finmb_144256
Most Recent Quarter 1,782,777,600
Net Income To Common -14,285,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 45,897,264
Number Of Analyst Opinions 4
Open 1.25
Operating Cashflow 579,000
Operating Margins -0.22316
Payout Ratio 0.0
Peg Ratio 3.6
Phone 858 847 0659
Previous Close 1.26
Price Hint 4
Price To Book 0.8405604
Price To Sales Trailing12 Months 0.9054185
Profit Margins -0.29634002
Quick Ratio 1.155
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 1.26
Regular Market Day Low 1.2359
Regular Market Day Range 1.2359 - 1.26
Regular Market Open 1.25
Regular Market Previous Close 1.26
Regular Market Price 1.26
Regular Market Time 1,792,008,001
Regular Market Volume 133,044
Return On Assets -0.00123
Return On Equity -0.24290001
Revenue Growth -0.143
Revenue Per Share 1.394
Sand P52 Week Change 0.17004645
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 34,639,445
Shares Percent Shares Out 0.0026
Shares Short 89,801
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 54,979
Short Name Heritage Global Inc.
Short Percent Of Float 0.003
Short Ratio 0.79
Source Interval 15
State CA
Symbol HGBL
Target High Price 3.5
Target Low Price 2.0
Target Mean Price 2.625
Target Median Price 2.5
Total Cash 13,179,000
Total Cash Per Share 0.38
Total Debt 5,348,000
Total Revenue 48,205,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.41
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.28265
Two Hundred Day Average Change -0.022650003
Two Hundred Day Average Change Percent -0.017658757
Type Disp Equity
Volume 133,044
Website https://hginc.com
Zip 92,121