A new trading day began on Tuesday, with Heritage Insurance Holdings Inc (NYSE: HRTG) stock price up 5.75% from the previous day of trading, before settling in for the closing price of $11.65. HRTG’s price has ranged from $5.51 to $16.90 over the past 52 weeks.
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Annual sales at Financial sector company grew by 9.05% over the past five years. Meanwhile, its annual earnings per share averaged -23.51%. With a float of $22.66 million, this company’s outstanding shares have now reached $30.68 million.
Let’s look at the performance matrix of the company that is accounted for 566 employees. In terms of profitability, gross margin is 99.72%, operating margin of 6.32%, and the pretax margin is 10.92%.
Heritage Insurance Holdings Inc (HRTG) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Property & Casualty Industry. The insider ownership of Heritage Insurance Holdings Inc is 26.16%, while institutional ownership is 53.04%. The most recent insider transaction that took place on Nov 22 ’24, was worth 50,550. In this transaction Director of this company sold 4,000 shares at a rate of $12.64, taking the stock ownership to the 76,314 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Chief Executive Officer bought 3,950 for $12.53, making the entire transaction worth $49,494. This insider now owns 1,076,534 shares in total.
Heritage Insurance Holdings Inc (HRTG) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.7 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -23.51% per share during the next fiscal year.
Heritage Insurance Holdings Inc (NYSE: HRTG) Trading Performance Indicators
Here are Heritage Insurance Holdings Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47. Likewise, its price to free cash flow for the trailing twelve months is 1.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.50, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 2.12 in one year’s time.
Technical Analysis of Heritage Insurance Holdings Inc (HRTG)
Heritage Insurance Holdings Inc (NYSE: HRTG) saw its 5-day average volume 0.18 million, a negative change from its year-to-date volume of 0.44 million. As of the previous 9 days, the stock’s Stochastic %D was 40.08%. Additionally, its Average True Range was 0.66.
During the past 100 days, Heritage Insurance Holdings Inc’s (HRTG) raw stochastic average was set at 54.61%, which indicates a significant decrease from 60.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.64% in the past 14 days, which was lower than the 92.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.64, while its 200-day Moving Average is $10.57. Nevertheless, the first resistance level for the watch stands at $12.56 in the near term. At $12.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.21. If the price goes on to break the first support level at $11.92, it is likely to go to the next support level at $11.52. The third support level lies at $11.28 if the price breaches the second support level.
Heritage Insurance Holdings Inc (NYSE: HRTG) Key Stats
With a market capitalization of 378.03 million, the company has a total of 30,684K Shares Outstanding. Currently, annual sales are 735,500 K while annual income is 45,310 K. The company’s previous quarter sales were 211,850 K while its latest quarter income was 8,150 K.
