Heritage Commerce Corp [HTBK] stock prices are up 3.12% to $10.24 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HTBK shares have gain 5.79% over the last week, with a monthly amount glided 10.58%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Heritage Commerce Corp [NASDAQ: HTBK] stock has seen the most recent analyst activity on February 07, 2025, when Stephens upgraded its rating to a Overweight. Previously, Stephens downgraded its rating to Equal-Weight on August 11, 2023, and kept the price target unchanged to $10. On October 31, 2022, downgrade downgraded it’s rating to Outperform and revised its price target to $15 on the stock. Stephens started tracking the stock assigning a Overweight rating and suggested a price target of $13.50 on December 28, 2021. DA Davidson upgraded its rating to a Buy but $13.50 remained the price target by the analyst firm on December 15, 2021. DA Davidson downgraded its rating to Neutral for this stock on December 18, 2020, and upped its price target to $9.50. In a note dated April 26, 2019, Brean Capital downgraded an Hold rating on this stock.
The stock price of Heritage Commerce Corp [HTBK] has been fluctuating between $8.09 and $11.27 over the past year. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Heritage Commerce Corp [NASDAQ: HTBK] shares were valued at $10.24 at the most recent close of the market. An investor can expect a potential drop of -2.34% based on the average HTBK price forecast.
Analyzing the HTBK fundamentals
The Heritage Commerce Corp [NASDAQ:HTBK] reported sales of 256.38M for trailing twelve months, representing a surge of 8.27%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.06 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
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 9.93 points at the first support level, and at 9.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.45, and for the 2nd resistance point, it is at 10.65.
Ratios To Look Out For
It’s worth pointing out that Heritage Commerce Corp [NASDAQ:HTBK]’s Current Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 2.46, the price to book ratio is 0.91 and price to earnings (TTM) ratio is 15.02.
Transactions by insiders
Recent insider trading involved Jones Robertson Clay JR, President and CEO, that happened on Mar 10 ’25 when 5145.0 shares were sold. EVP/Chief Credit Officer, Just Susan Svensson completed a deal on Mar 10 ’25 to sell 1602.0 shares. Meanwhile, Director Conner Jack W sold 4000.0 shares on Feb 27 ’25.
