Is NASDAQ:HGBL suited for growth investing?

In this article we will dive into HERITAGE GLOBAL INC (NASDAQ:HGBL) as a possible candidate for growth investing. Investors should always do their own research, but we noticed HERITAGE GLOBAL INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

What matters for growth investors.

• The Return on Equity (ROE) of HERITAGE GLOBAL INC stands at 34.5%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• HERITAGE GLOBAL INC has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• HERITAGE GLOBAL INC has achieved significant 1-year revenue growth of 93.13%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• HERITAGE GLOBAL INC has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 77.54%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• The operating margin of HERITAGE GLOBAL INC has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• HERITAGE GLOBAL INC has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
• In the most recent financial report, HERITAGE GLOBAL INC reported a 300.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• Over the past 3 months, analysts have adjusted their EPS Estimate for HERITAGE GLOBAL INC with a 33.34% change. This highlights the evolving outlook on the company's EPS potential.
• In the most recent financial report, HERITAGE GLOBAL INC reported a 300.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The earnings per share (EPS) growth of HERITAGE GLOBAL INC are accelerating: the current Q2Q growth of 300.0% is above the previous year Q2Q growth of -33.33%. Earnings momentum and acceleration are key for high growth systems.

Zooming in on the fundamentals.

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, HGBL scores 6 out of 10 in our fundamental rating. HGBL was compared to 206 industry peers in the Capital Markets industry. While HGBL has a great profitability rating, there are some minor concerns on its financial health. An interesting combination arises when we look at growth and value: HGBL is growing strongly while it also seems undervalued. These ratings could make HGBL a good candidate for value and growth investing.

Check the latest full fundamental report of HGBL for a complete fundamental analysis.

Our Lois Navellier screen will find you more ideas suited for growth investing.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.