Heritage Global (HGBL) Expected to Announce Earnings on Thursday

Heritage Global (NASDAQ:HGBL) is projected to release its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect Heritage Global to post earnings of $0.0275 per share and revenue of $13.4870 million for the quarter. Interested persons can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 5:00 PM ET.

Heritage Global (NASDAQ:HGBL) last announced its quarterly earnings data on Thursday, March 12th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.04). The firm had revenue of $11.86 million during the quarter, compared to analyst estimates of $12.89 million. Heritage Global had a net margin of 7.04% and a return on equity of 5.42%.

Heritage Global Trading Down 2.2%

Shares of Heritage Global stock opened at $1.32 on Tuesday. The company has a quick ratio of 1.78, a current ratio of 2.16 and a debt-to-equity ratio of 0.06. The firm has a market cap of $45.86 million, a price-to-earnings ratio of 12.00 and a beta of 0.46. The business has a fifty day simple moving average of $1.34 and a 200-day simple moving average of $1.35. Heritage Global has a fifty-two week low of $1.13 and a fifty-two week high of $2.32.

Analysts Set New Price Targets

Several brokerages have recently weighed in on HGBL. Weiss Ratings restated a “sell (d+)” rating on shares of Heritage Global in a report on Friday, March 27th. Lake Street Capital initiated coverage on Heritage Global in a research report on Friday, March 13th. They set a “buy” rating and a $4.50 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Heritage Global presently has an average rating of “Moderate Buy” and an average price target of $4.50.

Hedge Funds Weigh In On Heritage Global

Several institutional investors have recently bought and sold shares of HGBL. Rothschild Wealth LLC bought a new position in Heritage Global during the fourth quarter valued at about $447,000. Mink Brook Asset Management LLC raised its holdings in Heritage Global by 7.8% during the fourth quarter. Mink Brook Asset Management LLC now owns 2,028,844 shares of the company’s stock valued at $2,516,000 after buying an additional 146,622 shares in the last quarter. Susquehanna International Group LLP bought a new position in Heritage Global during the third quarter valued at about $71,000. XTX Topco Ltd bought a new position in Heritage Global during the fourth quarter valued at about $31,000. Finally, Punch & Associates Investment Management Inc. grew its position in shares of Heritage Global by 0.9% in the third quarter. Punch & Associates Investment Management Inc. now owns 2,475,228 shares of the company’s stock valued at $4,109,000 after purchasing an additional 21,175 shares during the last quarter. 33.46% of the stock is currently owned by institutional investors.

Heritage Global Company Profile

Heritage Global Inc operates as a global advisory and disposition firm specializing in the valuation, sale and auction of surplus and idle assets. Through its subsidiaries, Heritage Global Partners and Heritage Global Digital, the company delivers comprehensive end-to-end solutions, including asset appraisals, advisory services and multi-channel auction platforms. Its service offerings encompass industrial machinery and equipment, real estate, storage lockers and specialty assets, all designed to maximize recovery values for clients.

The company leverages both online and live in-person events to facilitate timely and transparent sales across diverse asset classes.