Heritage Commerce Corp Stock Performance
| HTBK Stock | USD 10.66 0.07 0.65% |
Heritage Commerce has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 2.08, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Heritage Commerce will likely underperform. Heritage Commerce Corp right now retains a risk of 2.3%. Please check out Heritage Commerce semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Heritage Commerce will be following its current trending patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Heritage Commerce Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite quite fragile fundamental drivers, Heritage Commerce may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Actual Historical Performance (%)
One Day Return (0.65) | Five Day Return (0.84) | Year To Date Return 8.22 | Ten Year Return 29.37 | All Time Return 21.27 |
Forward Dividend Yield 0.0485 | Payout Ratio 0.7324 | Last Split Factor 11:10 | Forward Dividend Rate 0.52 | Dividend Date 2024-11-21 |
1 | Acquisition by Lawrence McGovern of 17778 shares of Heritage Commerce subject to Rule 16b-3 | 09/25/2024 |
2 | Insider Trading | 09/26/2024 |
3 | The Manufacturers Life Insurance Company Has 11.80 Million Stake in Heritage Commerce Corp - MarketBeat | 10/04/2024 |
4 | RBB Q3 Earnings and Revenues Beat Estimates | 10/21/2024 |
5 | CVB Financial Tops Q3 Earnings Estimates | 10/23/2024 |
6 | Heritage Commerce Corp Reports Client Deposit Growth of 6 percent in the Third Quarter of 2024 | 10/24/2024 |
7 | Heritage Commerce Corp Reports Q3 2024 Earnings GAAP EPS at 0.17, Net Income Reaches 10.5 Million | 10/25/2024 |
8 | Dimensional Fund Advisors LP Increases Stake in Heritage Commerce Corp | 10/31/2024 |
9 | Are Options Traders Betting on a Big Move in Heritage Commerce Corp Stock | 11/06/2024 |
10 | Acquisition by Sa Thomas A of 37664 shares of Heritage Commerce subject to Rule 16b-3 | 11/18/2024 |
| Heritage Commerce dividend paid on 21st of November 2024 | 11/21/2024 |
| Begin Period Cash Flow | 306.6 M | |
| Free Cash Flow | 71.3 M |
Heritage |
Heritage Commerce Relative Risk vs. Return Landscape
If you would invest 1,006 in Heritage Commerce Corp on August 30, 2024 and sell it today you would earn a total of 60.00 from holding Heritage Commerce Corp or generate 5.96% return on investment over 90 days. Heritage Commerce Corp is currently generating 0.1154% in daily expected returns and assumes 2.2951% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of stocks are less volatile than Heritage, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Heritage Commerce Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heritage Commerce's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Heritage Commerce Corp, and traders can use it to determine the average amount a Heritage Commerce's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0503
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| Cash | Small Risk | HTBK | High Risk | Huge Risk |
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Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Heritage Commerce is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Heritage Commerce by adding it to a well-diversified portfolio.
Heritage Commerce Fundamentals Growth
Heritage Stock prices reflect investors' perceptions of the future prospects and financial health of Heritage Commerce, and Heritage Commerce fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Heritage Stock performance.
| Return On Equity | 0.0642 | ||||
| Return On Asset | 0.0079 | ||||
| Profit Margin | 0.26 % | ||||
| Operating Margin | 0.34 % | ||||
| Current Valuation | (231.29 M) | ||||
| Shares Outstanding | 61.3 M | ||||
| Price To Earning | 19.19 X | ||||
| Price To Book | 0.96 X | ||||
| Price To Sales | 3.86 X | ||||
| Revenue | 9 K | ||||
| Gross Profit | 189.22 M | ||||
| EBITDA | 90.42 K | ||||
| Net Income | 64.44 M | ||||
| Cash And Equivalents | 876.59 M | ||||
| Cash Per Share | 14.45 X | ||||
| Total Debt | 39.5 M | ||||
| Debt To Equity | 0.05 % | ||||
| Book Value Per Share | 11.18 X | ||||
| Cash Flow From Operations | 73.01 M | ||||
| Earnings Per Share | 0.71 X | ||||
| Market Capitalization | 653.49 M | ||||
| Total Asset | 5.19 B | ||||
| Retained Earnings | 179.09 M | ||||
About Heritage Commerce Performance
By examining Heritage Commerce's fundamental ratios, stakeholders can obtain critical insights into Heritage Commerce's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Heritage Commerce is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -4.1 K | -4.3 K | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.10 | 0.05 |
Things to note about Heritage Commerce Corp performance evaluation
Checking the ongoing alerts about Heritage Commerce for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Heritage Commerce Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Heritage Commerce has a strong financial position based on the latest SEC filings | |
| Over 78.0% of the company shares are owned by institutional investors | |
| On 21st of November 2024 Heritage Commerce paid $ 0.13 per share dividend to its current shareholders | |
| Latest headline from MacroaxisInsider: Acquisition by Sa Thomas A of 37664 shares of Heritage Commerce subject to Rule 16b-3 |
- Analyzing Heritage Commerce's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Heritage Commerce's stock is overvalued or undervalued compared to its peers.
- Examining Heritage Commerce's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Heritage Commerce's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Heritage Commerce's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Heritage Commerce's stock. These opinions can provide insight into Heritage Commerce's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Commerce Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Regional Banks 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 Commerce. 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 Commerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Dividend Share 0.52 | Earnings Share 0.71 | Revenue Per Share 2.763 | Quarterly Revenue Growth (0.11) |
The market value of Heritage Commerce Corp 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 Commerce's value that differs from its market value or its book value, called intrinsic value, which is Heritage Commerce'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 Commerce's market value can be influenced by many factors that don't directly affect Heritage Commerce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Commerce'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.