Heritage Insurance Hldgs Stock Performance
| HRTG Stock | USD 8.81 0.23 2.68% |
On a scale of 0 to 100, Heritage Insurance holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of -0.0265, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Heritage Insurance are expected to decrease at a much lower rate. During the bear market, Heritage Insurance is likely to outperform the market. Please check Heritage Insurance's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Heritage Insurance's current trending patterns will revert.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Heritage Insurance Hldgs are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly inconsistent basic indicators, Heritage Insurance reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 2.68 | Five Day Return 7.31 | Year To Date Return 36.8 | Ten Year Return (23.39) | All Time Return (23.39) |
Dividend Date 2022-07-05 | Ex Dividend Date 2022-06-13 |
1 | Tonys Fresh Market Celebrates its 45 Year Anniversary | 04/16/2024 |
2 | Heritage Insurance Holdings delivers shareholders stellar 213 percent return over 1 year, surging 10 percent in the last week alone | 04/24/2024 |
3 | Heritage Insurance GAAP EPS of 0.47 misses by 0.13, revenue of 191.3M beats by 2.25M | 05/01/2024 |
4 | Heritage Insurance Holdings First Quarter 2024 Earnings Revenues Beat Expectations, EPS Lags | 05/03/2024 |
5 | Heritage Insurance Holdings, Inc. Q1 2024 Earnings Call Transcript | 05/06/2024 |
6 | Heritage Distilling Co. Joins the Green Beret Foundation in Honoring the 80th D-Day Anniversary | 05/07/2024 |
7 | CUPE Local 1190 representing NB Tourism workers to address Minister Scott-Wallaces Euro-trip extravaganza | 05/08/2024 |
8 | Heritage Insurance director sells shares worth over 51k | 05/09/2024 |
9 | MIT to Host an Evening to Preserve Ukraines Heritage and Environment | 05/10/2024 |
| Begin Period Cash Flow | 287.6 M |
Heritage |
Heritage Insurance Relative Risk vs. Return Landscape
If you would invest 620.00 in Heritage Insurance Hldgs on February 12, 2024 and sell it today you would earn a total of 261.00 from holding Heritage Insurance Hldgs or generate 42.1% return on investment over 90 days. Heritage Insurance Hldgs is currently generating 0.6815% in daily expected returns and assumes 5.3161% risk (volatility on return distribution) over the 90 days horizon. In different words, 47% of stocks are less volatile than Heritage, and 87% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Heritage Insurance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heritage Insurance's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Heritage Insurance Hldgs, and traders can use it to determine the average amount a Heritage Insurance's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1282
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.32 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Heritage Insurance is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Heritage Insurance by adding it to a well-diversified portfolio.
Heritage Insurance Fundamentals Growth
Heritage Stock prices reflect investors' perceptions of the future prospects and financial health of Heritage Insurance, and Heritage Insurance fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Heritage Stock performance.
| Return On Equity | 0.23 | |||
| Return On Asset | 0.0194 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 32.22 M | |||
| Shares Outstanding | 30.64 M | |||
| Price To Earning | 5.09 X | |||
| Price To Book | 1.29 X | |||
| Price To Sales | 0.39 X | |||
| Revenue | 737.73 M | |||
| Gross Profit | 4.99 M | |||
| EBITDA | 63.22 M | |||
| Net Income | 45.31 M | |||
| Cash And Equivalents | 290.93 M | |||
| Cash Per Share | 11.26 X | |||
| Total Debt | 148.19 M | |||
| Debt To Equity | 0.84 % | |||
| Current Ratio | 0.68 X | |||
| Book Value Per Share | 7.73 X | |||
| Cash Flow From Operations | 70.42 M | |||
| Earnings Per Share | 1.65 X | |||
| Market Capitalization | 269.91 M | |||
| Total Asset | 1.41 B | |||
| Retained Earnings | 26.12 M | |||
About Heritage Insurance Performance
To evaluate Heritage Insurance Hldgs Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Heritage Insurance generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Heritage Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Heritage Insurance Hldgs market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Heritage's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -81.3 K | -85.3 K | |
| Return On Tangible Assets | 0.03 | 0.02 | |
| Return On Capital Employed | 0.08 | 0.05 | |
| Return On Assets | 0.03 | 0.02 | |
| Return On Equity | 0.21 | 0.22 |
Things to note about Heritage Insurance Hldgs performance evaluation
Checking the ongoing alerts about Heritage Insurance for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Heritage Insurance Hldgs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Heritage Insurance is way too risky over 90 days horizon | |
| Heritage Insurance appears to be risky and price may revert if volatility continues | |
| The company currently holds 148.19 M in liabilities with Debt to Equity (D/E) ratio of 0.85, which is about average as compared to similar companies. Heritage Insurance Hldgs has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Heritage Insurance until it has trouble settling it off, either with new capital or with free cash flow. So, Heritage Insurance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Heritage Insurance Hldgs sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Heritage to invest in growth at high rates of return. When we think about Heritage Insurance's use of debt, we should always consider it together with cash and equity. | |
| About 27.0% of Heritage Insurance shares are held by company insiders | |
| Latest headline from kalkinemedia.com: MIT to Host an Evening to Preserve Ukraines Heritage and Environment |
- Analyzing Heritage Insurance's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Heritage Insurance's stock is overvalued or undervalued compared to its peers.
- Examining Heritage Insurance's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Heritage Insurance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Heritage Insurance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Heritage Insurance's stock. These opinions can provide insight into Heritage Insurance's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Insurance Hldgs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Heritage Stock analysis
When running Heritage Insurance's price analysis, check to measure Heritage Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heritage Insurance is operating at the current time. Most of Heritage Insurance's value examination focuses on studying past and present price action to predict the probability of Heritage Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heritage Insurance's price. Additionally, you may evaluate how the addition of Heritage Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Heritage Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Insurance. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Earnings Share 1.65 | Revenue Per Share 27.37 | Quarterly Revenue Growth 0.081 | Return On Assets 0.0194 |
The market value of Heritage Insurance Hldgs is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Insurance's value that differs from its market value or its book value, called intrinsic value, which is Heritage Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Insurance's market value can be influenced by many factors that don't directly affect Heritage Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.