Is Heritage Insurance Stock a Good Investment?
Heritage Insurance Investment Advice | HRTG |
- Examine Heritage Insurance's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Heritage Insurance's leadership team and their track record. Good management can help Heritage Insurance navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Property & Casualty Insurance space and any emerging trends that could impact Heritage Insurance's business and its evolving consumer preferences.
- Compare Heritage Insurance's performance and market position to its competitors. Analyze how Heritage Insurance is positioned in terms of product offerings, innovation, and market share.
- Check if Heritage Insurance pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Heritage Insurance's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Heritage Insurance Hldgs stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Heritage Insurance Hldgs is a good investment.
Sell | Buy |
Hold
Market Performance | Modest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Heritage Insurance Stock
Researching Heritage Insurance's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 26.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.45. Some equities with similar Price to Book (P/B) outperform the market in the long run. Heritage Insurance Hldgs last dividend was issued on the 13th of June 2022.
To determine if Heritage Insurance is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Heritage Insurance's research are outlined below:
| Heritage Insurance had very high historical volatility over the last 90 days | |
| Heritage Insurance Hldgs currently holds 141.34 M in liabilities with Debt to Equity (D/E) ratio of 0.85, which is about average as compared to similar companies. Heritage Insurance Hldgs has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Heritage Insurance's use of debt, we should always consider it together with its cash and equity. | |
| About 58.0% of Heritage Insurance shares are owned by institutional investors |
Heritage Insurance uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Heritage Insurance Hldgs. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Heritage Insurance's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Heritage Insurance's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 427.59 M.Heritage Insurance's profitablity analysis
The company has Profit Margin (PM) of 0.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.15 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.15.Determining Heritage Insurance's profitability involves analyzing its financial statements and using various financial metrics to determine if Heritage Insurance is a good buy. For example, gross profit margin measures Heritage Insurance's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Heritage Insurance's profitability and make more informed investment decisions.
Basic technical analysis of Heritage Stock
As of the 26th of March, Heritage Insurance retains the Risk Adjusted Performance of 0.0708, market risk adjusted performance of 0.2464, and Downside Deviation of 2.91. Heritage Insurance technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Heritage Insurance Hldgs variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Heritage Insurance is priced fairly, providing market reflects its last-minute price of 13.88 per share. Given that Heritage Insurance Hldgs has jensen alpha of 0.2185, we strongly advise you to confirm Heritage Insurance Hldgs's regular market performance to make sure the company can sustain itself at a future point.Heritage Insurance's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Heritage Insurance insiders, such as employees or executives, is commonly permitted as long as it does not rely on Heritage Insurance's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Heritage Insurance insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Whiting Paul L over six months ago Acquisition by Whiting Paul L of 5000 shares of Heritage Insurance at 7.74 subject to Rule 16b-3 | ||
Richard Widdicombe over six months ago Acquisition by Richard Widdicombe of 12422 shares of Heritage Insurance subject to Rule 16b-3 | ||
Joseph Vattamattam over a year ago Acquisition by Joseph Vattamattam of 9662 shares of Heritage Insurance subject to Rule 16b-3 | ||
Joseph Vattamattam over a year ago Acquisition by Joseph Vattamattam of 7968 shares of Heritage Insurance subject to Rule 16b-3 |
Heritage Insurance's Outstanding Corporate Bonds
Heritage Insurance issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Heritage Insurance Hldgs uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Heritage bonds can be classified according to their maturity, which is the date when Heritage Insurance Hldgs has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Heritage Insurance's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Heritage Insurance's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0708 | |||
| Market Risk Adjusted Performance | 0.2464 | |||
| Mean Deviation | 2.17 | |||
| Semi Deviation | 2.72 | |||
| Downside Deviation | 2.91 | |||
| Coefficient Of Variation | 1327.67 | |||
| Standard Deviation | 3.0 | |||
| Variance | 9.02 | |||
| Information Ratio | 0.0728 | |||
| Jensen Alpha | 0.2185 | |||
| Total Risk Alpha | 0.225 | |||
| Sortino Ratio | 0.0751 | |||
| Treynor Ratio | 0.2364 | |||
| Maximum Drawdown | 16.28 | |||
| Value At Risk | (4.31) | |||
| Potential Upside | 4.42 | |||
| Downside Variance | 8.49 | |||
| Semi Variance | 7.41 | |||
| Expected Short fall | (2.29) | |||
| Skewness | 0.2468 | |||
| Kurtosis | 2.0 |
| Risk Adjusted Performance | 0.0708 | |||
| Market Risk Adjusted Performance | 0.2464 | |||
| Mean Deviation | 2.17 | |||
| Semi Deviation | 2.72 | |||
| Downside Deviation | 2.91 | |||
| Coefficient Of Variation | 1327.67 | |||
| Standard Deviation | 3.0 | |||
| Variance | 9.02 | |||
| Information Ratio | 0.0728 | |||
| Jensen Alpha | 0.2185 | |||
| Total Risk Alpha | 0.225 | |||
| Sortino Ratio | 0.0751 | |||
| Treynor Ratio | 0.2364 | |||
| Maximum Drawdown | 16.28 | |||
| Value At Risk | (4.31) | |||
| Potential Upside | 4.42 | |||
| Downside Variance | 8.49 | |||
| Semi Variance | 7.41 | |||
| Expected Short fall | (2.29) | |||
| Skewness | 0.2468 | |||
| Kurtosis | 2.0 |
Consider Heritage Insurance's intraday indicators
Heritage Insurance intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Heritage Insurance stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 6196.68 | |||
| Daily Balance Of Power | (0.18) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 14.02 | |||
| Day Typical Price | 13.98 | |||
| Price Action Indicator | (0.19) | |||
| Period Momentum Indicator | (0.09) | |||
| Relative Strength Index | 55.25 |
Heritage Stock media impact
Far too much social signal, news, headlines, and media speculation about Heritage Insurance that are available to investors today. That information is available publicly through Heritage media outlets and privately through word of mouth or via Heritage internal channels. However, regardless of the origin, that massive amount of Heritage data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Heritage Insurance news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Heritage Insurance relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Heritage Insurance's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Heritage Insurance alpha.
Heritage Insurance Corporate Directors
| Panagiotis Apostolou | Independent Director | Profile | |
| Irini Barlas | Independent Director | Profile | |
| Mark Berset | Director | Profile | |
| Vijay Walvekar | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Insurance Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Insurance. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Heritage Insurance Hldgs is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Insurance's value that differs from its market value or its book value, called intrinsic value, which is Heritage Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Insurance's market value can be influenced by many factors that don't directly affect Heritage Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Heritage Insurance's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Heritage Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.