Heritage Insurance Holdings Inc. (HRTG) PE Ratio stood at $7.17: Odds are Looking Good After Recent Activity

Heritage Insurance Holdings Inc. (NYSE: HRTG) started the day on Thursday, with a price increase of 8.86% at $14.01, before settling in for the price of $12.87 at the close. Taking a more long-term approach, HRTG posted a 52-week range of $4.28-$12.88.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Financial Sector giants’ yearly sales growth during the last 5-year period was 9.05%. Meanwhile, its Annual Earning per share during the time was 10.65%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 4.05%. This publicly-traded company’s shares outstanding now amounts to $30.22 million, simultaneously with a float of $22.53 million. The organization now has a market capitalization sitting at $429.27 million. At the time of writing, stock’s 50-day Moving Average stood at $7.84, while the 200-day Moving Average is $7.86.

Heritage Insurance Holdings Inc. (HRTG) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Insurance – Property & Casualty Industry. Heritage Insurance Holdings Inc.’s current insider ownership accounts for 26.45%, in contrast to 50.45% institutional ownership. According to the most recent insider trade that took place on Aug 09 ’24, this organization’s Chief Executive Officer bought 5,000 shares at the rate of 8.59, making the entire transaction reach 42,950 in total value, affecting insider ownership by 1,072,584. Preceding that transaction, on May 28 ’24, Company’s Director bought 5,000 for 7.74, making the whole transaction’s value amount to 38,700. This particular insider is now the holder of 64,662 in total.

Heritage Insurance Holdings Inc. (HRTG) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.

Heritage Insurance Holdings Inc.’s EPS increase for this current 12-month fiscal period is 4.05% and is forecasted to reach 2.13 in the upcoming year.

Heritage Insurance Holdings Inc. (NYSE: HRTG) Trading Performance Indicators

Let’s observe the current performance indicators for Heritage Insurance Holdings Inc. (HRTG). The Stock has managed to achieve an average true range (ATR) of 0.81. Alongside those numbers, its PE Ratio stands at $7.17, and its Beta score is 0.82. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.56. Similarly, its price to free cash flow for trailing twelve months is now 2.19.

In the same vein, HRTG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.95, a figure that is expected to reach 0.15 in the next quarter, and analysts are predicting that it will be 2.13 at the market close of one year from today.

Technical Analysis of Heritage Insurance Holdings Inc. (HRTG)

If we take a close look at the recent performances of Heritage Insurance Holdings Inc. (NYSE: HRTG), its last 5-days Average volume was 1.05 million that shows progress from its year to date volume of 0.42 million. During the previous 9 days, stock’s Stochastic %D was recorded 98.24% While, its Average True Range was 0.97.

Raw Stochastic average of Heritage Insurance Holdings Inc. (HRTG) in the period of the previous 100 days is set at 96.68%, which indicates a major rise in contrast to 96.39% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 114.97% that was higher than 77.47% volatility it exhibited in the past 100-days period.