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HGBL

Heritage Global Inc.

HGBL

NASDAQ·Financial Services·Financial - Capital Markets·Mkt cap $47.2M

$1.36

+4.62%

P/E

-3.29

Mkt Cap

$47.2M

52-Wk Range

$1.01–$1.93

52-Week Range

$1.01 - $1.93

P/E

-3.29

Fwd P/E

-3.74

Beta

0.46

Div Yield

0.00%

Avg Vol

162.3K

Shares Out

34.7M

Mkt Cap

$47.2M

Price action

Price chart

Down 27.7% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Specialized expertise in tangible and intangible asset valuation
  • Established relationships and deal sourcing network in industrial sectors
  • Dual capacity as both adviser and principal investor
  • Long operational history providing market knowledge and credibility

Bear Case

1 risk

  • Low volatility (beta 0.5).

Growth

Moderate growth ahead

Increased demand for asset-based lending and alternative financing

Value

Deep value opportunity - significant discount to Investment Banking & Capital Markets peers

Momentum

Strong

+7.1% over 3m

Quality

Strong

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 5, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of $0.04 vs $0.04 consensus (+6.7% surprise). Revenue of $13.3M vs $13.3M expected (0.0%). Beat on both top and bottom lines.

EPS beat +6.7%
Rev beat 0.0%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+6.7%

Revenue trend · last 8Q

+12%

+20%

+9%

+10%

-5%

-14%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$10.4M

$10.8M

$13.5M

$14.3M

$11.4M

$11.9M

$12.7M

$12.3M

Margins · last 8Q

Gross

90.9%

Operating

-170.5%

Profit

-129.5%

Wall Street consensus

1 analyst · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Lake Street · Aug 14, 2026

vs Industry

How HGBL stacks vs Financial - Capital Markets

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.