The price of HGBL is predicted to go up -3.1%, based on the high correlation periods with PRU. The similarity of these two price pattern on the periods is 93.72%.
HGBL
PRU
Down: -3.1%Similarity: 93.72%
HGBL Revenue Forecast
HGBL EPS Forecast
HGBL FAQs
What is HGBL revenue forecast for next quarter?
The market consensus for HGBL's revenue in the upcoming quarter is projected to be approximately $12.933M USD.
Lake Street analyst Mark Argento lowered the firm's price target on Heritage Global to $4 from $5 and keeps a Buy rating on the shares. Q4 was "a carbon copy of Q3, missing results," driven by "tepid" auction activity in the Industrial Asset business, the analyst tells investors in an earnings recap. IA activity should pick up, says the firm, which is setting estimates "conservatively, with chunkier deals presenting upside."