Heritage Insurance Holdings Inc. (NYSE: HRTG) kicked off on Monday, up 4.97% from the previous trading day, before settling in for the closing price of $14.89. Over the past 52 weeks, HRTG has traded in a range of $4.28-$15.43.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 9.05%. While this was happening, its average annual earnings per share was recorded 4.05%. With a float of $22.57 million, this company’s outstanding shares have now reached $30.22 million.
Considering the fact that the conglomerate employs 566 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 99.71%, operating margin of 4.56%, and the pretax margin is 8.55%.
Heritage Insurance Holdings Inc. (HRTG) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Property & Casualty Industry. The insider ownership of Heritage Insurance Holdings Inc. is 26.45%, while institutional ownership is 49.31%. The most recent insider transaction that took place on Aug 16 ’24, was worth 64,558. In this transaction Chairman of this company bought 4,437 shares at a rate of $14.55, taking the stock ownership to the 696,497 shares. Before that another transaction happened on Aug 16 ’24, when Company’s Chairman sold 4,437 for $15.01, making the entire transaction worth $66,599. This insider now owns 692,060 shares in total.
Heritage Insurance Holdings Inc. (HRTG) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.05% per share during the next fiscal year.
Heritage Insurance Holdings Inc. (NYSE: HRTG) Trading Performance Indicators
Take a look at Heritage Insurance Holdings Inc.’s (HRTG) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.62. Likewise, its price to free cash flow for the trailing twelve months is 2.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.95, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 2.13 in one year’s time.
Technical Analysis of Heritage Insurance Holdings Inc. (HRTG)
Compared to the last year’s volume of 0.43 million, its volume of 0.58 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 88.51%. Additionally, its Average True Range was 0.90.
During the past 100 days, Heritage Insurance Holdings Inc.’s (HRTG) raw stochastic average was set at 94.90%, which indicates a significant increase from 94.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.60% in the past 14 days, which was higher than the 78.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.79, while its 200-day Moving Average is $8.15. Nevertheless, the first resistance level for the watch stands at $16.22 in the near term. At $16.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.47. If the price goes on to break the first support level at $14.97, it is likely to go to the next support level at $14.30. Should the price break the second support level, the third support level stands at $13.72.
Heritage Insurance Holdings Inc. (NYSE: HRTG) Key Stats
The company with the Market Capitalisation of 479.53 million has total of 30,636K Shares Outstanding. Its annual sales at the moment are 735,500 K in contrast with the sum of 45,310 K annual income. Company’s last quarter sales were recorded 203,570 K and last quarter income was 18,870 K.
