Heritage Insurance Holdings Inc [HRTG] stock prices are up 22.54% to $24.30 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HRTG shares have gain 28.57% over the last week, with a monthly amount glided 70.05%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Heritage Insurance Holdings Inc [NYSE: HRTG] stock has seen the most recent analyst activity on August 09, 2024, when Piper Sandler upgraded its rating to a Overweight and also boosted its price target to $13 from $9. Previously, JMP Securities downgraded its rating to Mkt Perform on March 13, 2024. On February 13, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $2.20 on the stock. Piper Sandler upgraded its rating to a Overweight and increased its price target to $15 on April 06, 2020. Keefe Bruyette downgraded its rating to a Mkt Perform. Sandler O’Neill downgraded its rating to Hold for this stock on July 16, 2019, and downed its price target to $17. In a note dated January 22, 2018, JMP Securities downgraded an Mkt Perform rating on this stock.
The stock price of Heritage Insurance Holdings Inc [HRTG] has been fluctuating between $6.14 and $20.16 over the past year. Currently, Wall Street analysts expect the stock to reach $12.5 within the next 12 months. Heritage Insurance Holdings Inc [NYSE: HRTG] shares were valued at $24.30 at the most recent close of the market. An investor can expect a potential drop of -48.56% based on the average HRTG price forecast.
Analyzing the HRTG fundamentals
The Heritage Insurance Holdings Inc [NYSE:HRTG] reported sales of 837.96M for trailing twelve months, representing a surge of 10.57%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.23 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.02 points at the first support level, and at 19.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.51, and for the 2nd resistance point, it is at 26.72.
Ratios To Look Out For
It’s worth pointing out that Heritage Insurance Holdings Inc [NYSE:HRTG]’s Current Ratio is 1.35. Considering the valuation of this stock, the price to sales ratio is 0.90, the price to book ratio is 2.29 and price to earnings (TTM) ratio is 9.60.
Transactions by insiders
Recent insider trading involved Garateix Ernie J, Chief Executive Officer, that happened on Mar 14 ’25 when 5000.0 shares were purchased. Chief Financial Officer, Lusk Kirk completed a deal on Mar 14 ’25 to buy 6000.0 shares. Meanwhile, Director WHITING PAUL L bought 10000.0 shares on Mar 14 ’25.
