rts logo

Heritage Insurance Holdings Inc. (HRTG) – key numbers that make it a Strong Buy For Now

Heritage Insurance Holdings Inc. (NYSE: HRTG) is 65.03% higher on its value in year-to-date trading and has touched a low of $4.28 and a high of $11.23 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HRTG stock was last observed hovering at around $10.33 in the last trading session, with the day’s gains setting it 0.43%.

Currently trading at $10.76, the stock is 39.54% and 43.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing 4.16% at the moment leaves the stock 39.31% off its SMA200. HRTG registered 103.79% gain for a year compared to 6-month gain of 85.20%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 54.15% loss in the last 1 month and extending the period to 3 months gives it a 22.13%, and is 48.41% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.08% over the week and 6.85% over the month.

Heritage Insurance Holdings Inc. (HRTG) has around 566 employees, a market worth around $329.69M and $770.38M in sales. Current P/E ratio is 5.50 and Fwd P/E is 5.04. Profit margin for the company is 7.35%. Distance from 52-week low is 151.40% and -4.19% from its 52-week high. The company has generated returns on investments over the last 12 months (14.32%).

The EPS is expected to grow by 4.05% this year.

Heritage Insurance Holdings Inc. (HRTG) Top Institutional Holders

The shares outstanding are 30.22M, and float is at 22.54M with Short Float at 4.22%.

Heritage Insurance Holdings Inc. (HRTG) Insider Activity

The most recent transaction is an insider purchase by Garateix Ernie J,the company’sChief Executive Officer. SEC filings show that Garateix Ernie J bought 5,000 shares of the company’s common stock on Aug 09 ’24 at a price of $8.59 per share for a total of $42950.0. Following the purchase, the insider now owns 1.07 million shares.

Heritage Insurance Holdings Inc. disclosed in a document filed with the SEC on May 28 ’24 that WHITING PAUL L (Director) bought a total of 5,000 shares of the company’s common stock. The trade occurred on May 28 ’24 and was made at $7.74 per share for $38700.0. Following the transaction, the insider now directly holds 64662.0 shares of the HRTG stock.

Still, SEC filings show that on May 08 ’24, Pappas Nicholas George (Director) disposed off 6,000 shares at an average price of $8.56 for $51360.0. The insider now directly holds 75,400 shares of Heritage Insurance Holdings Inc. (HRTG).

Related Posts