Skip to main content
    H

    Heritage Global Inc (HGBL)

    Official site

    FINANCIAL SERVICES • CAPITAL MARKETS • NASDAQ

    $1.25
    -0.01 (-0.79%)

    Market Cap: $43.65M

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    52%(14/27)
    Avg Surprise
    +21.04%
    Streak
    2 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.03
    Range$0.02 - $0.03
    2 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.03-16.7%
    60d ago$0.03-16.7%
    30d ago$0.03-16.7%
    7d ago$0.03-16.7%
    Current$0.03
    Revenue Consensus
    $13M
    Range$13M - $13M
    2 analysts
    Period ending Dec 31, 2026
    EPS Consensus$-0.43
    Range$-0.47 - $-0.39
    4 analysts
    Revenue Consensus
    $15M
    Range$14M - $16M
    2 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$-0.43---
    Sep 26EST
    		-$0.03---
    Jun 26
    Reported Aug 6
    		$0.06$0.03+100.00%Beat+20.0%
    Mar 26
    Reported May 7
    		$0.02$0.02+0.00%Beat-33.3%
    Dec 25
    Reported Mar 12
    		$0.01N/A-72.75%Miss+200.0%
    Sep 25
    Reported Nov 6
    		$0.02$0.04-50.00%Miss-33.3%
    Jun 25
    Reported Aug 7
    		$0.05$0.05+0.00%Beat-28.6%
    Mar 25
    Reported May 8
    		$0.03$0.04-25.00%Miss-40.0%
    Dec 24
    Reported Mar 13
    		$-0.01N/A-120.00%Miss-107.7%
    Sep 24
    Reported Nov 7
    		$0.03$0.06-50.00%Miss-50.0%
    Jun 24
    Reported Aug 8
    		$0.07$0.09-22.22%Miss-12.5%
    Mar 24
    Reported May 9
    		$0.05$0.08-37.50%Miss-37.5%
    Dec 23
    Reported Mar 14
    		$0.13$0.07+85.71%Beat+62.5%
    Sep 23
    Reported Nov 9
    		$0.06$0.08-25.00%Miss+0.0%
    Jun 23
    Reported Aug 10
    		$0.08$0.09-11.11%Miss+14.3%
    Mar 23
    Reported May 11
    		$0.08$0.05+60.00%Beat+300.0%
    Dec 22
    Reported Mar 9
    		$0.08$0.04+100.00%Beat+166.7%
    Sep 22
    Reported Nov 10
    		$0.06$0.04+50.00%Beat+500.0%
    Jun 22
    Reported Aug 10
    		$0.07$0.05+40.00%Beat+250.0%
    Mar 22
    Reported May 12
    		$0.02$0.03-33.33%Miss-33.3%
    Dec 21
    Reported Mar 17
    		$0.03$0.05-40.00%Miss-82.4%
    Sep 21
    Reported Nov 10
    		$0.01N/A-83.33%Miss-75.0%
    Jun 21
    Reported Aug 12
    		$0.02N/A-60.00%Miss-71.4%
    Mar 21
    Reported May 13
    		$0.03$0.02+50.00%Beat+2207.7%
    Dec 20
    Reported Mar 8
    		$0.17$0.08+112.50%Beat+750.0%
    Sep 20
    Reported Nov 9
    		$0.04$0.04+0.00%Beat+0.0%
    Jun 20
    Reported Aug 10
    		$0.07$0.01+600.00%Beat+40.0%
    Mar 20
    Reported May 11
    		$0.00N/AN/ABeat-93.5%
    Dec 19
    Reported Mar 9
    		$0.02N/AN/ABeat+100.0%
    Sep 19
    Reported Nov 8
    		$0.04$0.04+0.00%Beat+300.0%
    Jun 19
    Reported Aug 5
    		$0.05$0.05+0.00%Beat-16.7%
    Mar 19
    Reported May 6
    		$0.02N/AN/ABeat-60.0%
    Dec 18
    Reported Mar 11
    		$0.01N/AN/ABeat+200.0%
    Sep 18
    Reported Nov 5
    		$0.01N/AN/ABeat+244.8%
    Jun 18
    Reported Aug 6
    		$0.06N/AN/ABeat+700.0%
    Mar 18
    Reported May 7
    		$0.05N/AN/ABeat+400.0%
    Dec 17
    Reported Mar 13
    		$-0.01N/AN/ABeat+0.0%
    Sep 17
    Reported Nov 6
    		$0.00N/AN/ABeat-
    Jun 17
    Reported Aug 9
    		$-0.01N/AN/ABeat-
    Mar 17
    Reported May 8
    		$0.01N/AN/ABeat-
    Dec 16
    Reported Mar 7
    		$-0.01N/AN/ABeat-

    Key Metrics

    Valuation
    P/E Ratio11.36EV/EBITDAN/A
    Price/FCF-39.53xFCF Yield-2.53%
    Profitability
    Profit Margin-29.60%Operating Margin-22.30%
    ROE-24.30%ROIC-25.47%
    Financial Health
    Debt/Equity0.08xInterest Coverage-42.62x
    Current Ratio1.69xQuick Ratio1.29x
    Trading Statistics
    Beta0.45Avg Volume72.45K
    52-Week High$1.6052-Week Low$1.01

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$1.27
    SMA 20$1.29
    SMA 50$1.25
    SMA 200$1.28
    EMA 10$1.27
    EMA 20$1.28
    EMA 50$1.27
    EMA 200$1.33

    MACD

    Line: -0.01Signal: N/AHist: -0.01

    ADX

    ADX: 35.7+DI: 12.8-DI: 29.9

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down32.0
    PSAR$1.19

    Bollinger Bands

    Upper Band$1.36
    Lower Band$1.23
    %B Position974%(Upper)
    Band Width0.14

    RSI (14-Day)

    Neutral
    41.8

    Momentum Oscillators

    Stoch %K19.1
    Stoch %D22.5
    Williams %R-85.8
    ROC (10d)-0.8%
    Momentum-0.01
    CCI (20d)-122.7
    MFI (14d)36.1

    Volatility Measures

    ATR (14d)$0.04(3.4%)
    StdDev (20d)0.03
    Hist Vol20.1%(Moderate)

    Volume Flow

    VWAP$1.25
    OBV10.9M
    AD Line-898.9K
    CMF (20d)0.065

    Volume Metrics

    Avg Vol (20d)64.4K
    Vol Ratio1.0x
    VWMA (20d)$1.29

    Pivot Points

    R3$1.29
    R2$1.28
    R1$1.27
    Pivot Point$1.25
    S1$1.24
    S2$1.23
    S3$1.22

    Advanced Oscillators

    TSI-6.54
    Ultimate Osc42.2
    KST-3.51

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$12.27M$12.72M$11.86M$11.36M$14.30M$13.46M$10.77M$10.41M$12.02M$12.16M$15.28M$15.55M
    Cost of Revenue$3.92M$4.43M$4.54M$4.06M$5.89M$5.45M$3.32M$3.19M$3.72M$3.89M$4.48M$5.84M
    Gross Profit$8.34M$8.30M$7.31M$7.30M$8.41M$8.01M$7.45M$7.22M$8.30M$8.27M$10.81M$9.71M
    Operating Expenses$29.25M$7.29M$6.54M$6.00M$6.18M$6.61M$5.96M$5.74M$4.76M$5.71M$6.26M$6.94M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$10.84M$7.62M$6.33M$5.97M$6.14M$6.53M$5.88M$5.69M$6.35M$6.36M$6.49M$6.81M
    Operating Income$-20,911,000$1.01M$775,000$1.30M$2.23M$1.40M$1.49M$1.48M$3.54M$2.56M$4.55M$2.77M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$-8,000
    Interest Expense$65,000$20,000$-26,000$-34,000$-18,000$-56,000$-90,000$-17,000$108,000$92,000$99,000$56,000
    Income Before Tax$-20,976,000$988,000$801,000$1.33M$2.25M$1.46M$1.57M$1.50M$3.44M$2.47M$4.46M$2.71M
    Income Tax Expense$-5,088,000$271,000$2.00M$-750,000$613,000$395,000$1.78M$407,000$939,000$667,000$-434,000$736,000
    Net Income$-15,888,000$717,000$301,000$585,000$1.64M$1.06M$-203,000$1.09M$2.50M$1.80M$4.89M$1.98M
    EBITDA$-20,440,000$1.36M$1.07M$1.60M$2.52M$1.68M$1.80M$1.76M$3.80M$2.86M$4.99M$2.94M
    EBIT$-20,911,000$1.01M$775,000$1.30M$2.23M$1.40M$1.49M$1.48M$3.54M$2.56M$4.55M$2.77M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about HGBL

    HGBL Valuation and Fair Value

    P/E
    11.4x
    Forward P/E
    18.0x
    P/FCF
    -39.5x
    PEG
    3.6x
    P/B
    0.8x
    See GNG's fair value

    HGBL Profitability: Margins, ROIC and FCF

    Gross margin
    64.8%
    Operating margin
    -22.3%
    Net margin
    -29.6%
    ROIC
    -25.5%
    ROE
    -24.3%
    FCF margin
    -2.3%
    FCF yield
    -2.5%

    HGBL Competitors

    CompanyTicker
    Kentucky First Federal BancorpKFFB
    Oak Woods Acquisition Corporation UnitOAKUU
    YHN Acquisition I Limited Ordinary SharesYHNA
    Quetta Acquisition Corporation Common StockQETA
    Dominari Holdings Inc.DOMH
    DT Cloud Star Acquisition Corporation Ordinary SharesDTSQ
    Yirendai LtdYRD
    Lakeshore Acquisition III Corp. Ordinary SharesLCCC

    Sector: Financial Services

    HGBL Bull Case vs Bear Case

    Bear case

    • HGBL has a -29.6% net profit margin.
    • HGBL beat EPS estimates in 12.5% of its last 8 reported quarters.
    • HGBL's quarterly revenue changed -14.3% year over year.

    HGBL Earnings: Beat Rate and Next Report

    Beat rate
    1 of 8 quarters (12.5%)
    Average surprise
    -27.2%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.03
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    Frequently Asked Questions About HGBL

    Does HGBL pay dividends?

    Heritage Global Inc (HGBL) does not currently pay a regular dividend.

    What is HGBL's P/E ratio?

    Heritage Global Inc has a price-to-earnings (P/E) ratio of 11.36.

    What is HGBL's market cap?

    Heritage Global Inc (HGBL) has a market capitalization of $43.65M with a current stock price of $1.25.

    Related stocks

    Sector: Financial Services

    All stocks starting with H

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In