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After finishing at $8.15 in the prior trading day, Heritage Insurance Holdings Inc. (NYSE: HRTG) closed at $8.22, up 0.86%. In other words, the price has increased by $0.86 from its previous closing price. On the day, 0.62 million shares were traded. HRTG stock price reached its highest trading level at $8.63 during the session, while it also had its lowest trading level at $7.82.
Ratios:
Our goal is to gain a better understanding of HRTG by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.64.
On February 13, 2023, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $4.30 to $2.20.
Piper Sandler Upgraded its Neutral to Overweight on April 06, 2020, whereas the target price for the stock was revised from $12 to $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 26 ’24 when Pappas Nicholas George sold 1,000 shares for $10.87 per share. The transaction valued at 10,870 led to the insider holds 81,400 shares of the business.
WHITING PAUL L bought 20,000 shares of HRTG for $162,800 on Mar 14 ’24. The Director now owns 20,000 shares after completing the transaction at $8.14 per share. On Mar 14 ’24, another insider, Pappas Nicholas George, who serves as the Director of the company, sold 1,100 shares for $7.94 each. As a result, the insider received 8,734 and left with 82,400 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HRTG now has a Market Capitalization of 251832032 and an Enterprise Value of 14301326. As of this moment, Heritage’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.00, and their Forward P/E ratio for the next fiscal year is 4.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 0.019 whereas that against EBITDA is 0.19.
Stock Price History:
Over the past 52 weeks, HRTG has reached a high of $11.23, while it has fallen to a 52-week low of $3.20. The 50-Day Moving Average of the stock is -9.98%, while the 200-Day Moving Average is calculated to be 19.91%.
Shares Statistics:
The stock has traded on average 438.25K shares per day over the past 3-months and 483710 shares per day over the last 10 days, according to various share statistics. A total of 30.22M shares are outstanding, with a floating share count of 22.53M. Insiders hold about 26.46% of the company’s shares, while institutions hold 46.38% stake in the company. Shares short for HRTG as of 1713139200 were 845495 with a Short Ratio of 1.93, compared to 1710460800 on 458059. Therefore, it implies a Short% of Shares Outstanding of 845495 and a Short% of Float of 3.73.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.46.
