Hagerty Inc. (HGTY)
Hagerty Statistics
Share Statistics
Hagerty has 90.04M shares outstanding. The number of shares has increased by 6.35% in one year.
| Shares Outstanding | 90.04M |
| Shares Change (YoY) | 6.35% |
| Shares Change (QoQ) | -73.59% |
| Owned by Institutions (%) | 83.82% |
| Shares Floating | 82.77M |
| Failed to Deliver (FTD) Shares | 152 |
| FTD / Avg. Volume | 0.29% |
Short Selling Information
The latest short interest is 320.55K, so 0.36% of the outstanding shares have been sold short.
| Short Interest | 320.55K |
| Short % of Shares Out | 0.36% |
| Short % of Float | 0.39% |
| Short Ratio (days to cover) | 4.85 |
Valuation Ratios
The PE ratio is 49.64 and the forward PE ratio is 27.2. Hagerty's PEG ratio is 0.22.
| PE Ratio | 49.64 |
| Forward PE | 27.2 |
| PS Ratio | 0.7 |
| Forward PS | 0.5 |
| PB Ratio | 5.62 |
| P/FCF Ratio | 5.43 |
| PEG Ratio | 0.22 |
Enterprise Valuation
Hagerty Inc. has an Enterprise Value (EV) of 119.97M.
| EV / Earnings | 7.05 |
| EV / Sales | 0.1 |
| EV / EBITDA | 0.71 |
| EV / EBIT | 1.81 |
| EV / FCF | 0.77 |
Financial Position
The company has a current ratio of 0.94, with a Debt / Equity ratio of 0.29.
| Current Ratio | 0.94 |
| Quick Ratio | 0.94 |
| Debt / Equity | 0.29 |
| Total Debt / Capitalization | 22.31 |
| Cash Flow / Debt | 4.1 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is 0.11% and return on capital (ROIC) is 9.8%.
| Return on Equity (ROE) | 0.11% |
| Return on Assets (ROA) | 0.01% |
| Return on Capital (ROIC) | 9.8% |
| Revenue Per Employee | $692,462.78 |
| Profits Per Employee | $9,819.39 |
| Employee Count | 1,733 |
| Asset Turnover | 0.7 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 15.38M |
| Effective Tax Rate | 0.16 |
Stock Price Statistics
The stock price has increased by 4.07% in the last 52 weeks. The beta is 0.84, so Hagerty's price volatility has been higher than the market average.
| Beta | 0.84 |
| 52-Week Price Change | 4.07% |
| 50-Day Moving Average | 9.78 |
| 200-Day Moving Average | 10.57 |
| Relative Strength Index (RSI) | 30.41 |
| Average Volume (20 Days) | 53.02K |
Income Statement
In the last 12 months, Hagerty had revenue of 1.2B and earned 17.02M in profits. Earnings per share was 1.25.
| Revenue | 1.2B |
| Gross Profit | 978.58M |
| Operating Income | 66.42M |
| Net Income | 17.02M |
| EBITDA | 168.4M |
| EBIT | 66.42M |
| Earnings Per Share (EPS) | 1.25 |
Balance Sheet
The company has 232.84M in cash and 43.18M in debt, giving a net cash position of 189.67M.
| Cash & Cash Equivalents | 232.84M |
| Total Debt | 43.18M |
| Net Cash | 189.67M |
| Retained Earnings | -451.98M |
| Total Assets | 1.71B |
| Working Capital | -57.04M |
Cash Flow
In the last 12 months, operating cash flow was 177.02M and capital expenditures -21.34M, giving a free cash flow of 155.68M.
| Operating Cash Flow | 177.02M |
| Capital Expenditures | -21.34M |
| Free Cash Flow | 155.68M |
| FCF Per Share | 1.78 |
Margins
Gross margin is 81.55%, with operating and profit margins of 5.53% and 1.42%.
| Gross Margin | 81.55% |
| Operating Margin | 5.53% |
| Pretax Margin | 7.81% |
| Profit Margin | 1.42% |
| EBITDA Margin | 14.03% |
| EBIT Margin | 5.53% |
| FCF Margin | 12.97% |
Dividends & Yields
HGTY does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 13.57% |
| FCF Yield | 18.78% |
Analyst Forecast
The average price target for HGTY is $11, which is 19.4% higher than the current price. The consensus rating is "Hold".
| Price Target | $11 |
| Price Target Difference | 19.4% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
Scores
| Altman Z-Score | 0.79 |
| Piotroski F-Score | 7 |