Heritage Commerce Corp Statistics
Share Statistics
Heritage Commerce Corp has 61.30M shares outstanding. The number of shares has increased by 0.32% in one year.
| Shares Outstanding | 61.30M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.06% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 58.78M |
| Failed to Deliver (FTD) Shares | 1.28K |
| FTD / Avg. Volume | 0.37% |
Short Selling Information
The latest short interest is 461.11K, so 0.75% of the outstanding shares have been sold short.
| Short Interest | 461.11K |
| Short % of Shares Out | 0.75% |
| Short % of Float | 0.78% |
| Short Ratio (days to cover) | 1.49 |
Valuation Ratios
The PE ratio is 9.4 and the forward PE ratio is 15.41.
| PE Ratio | 9.4 |
| Forward PE | 15.41 |
| PS Ratio | 3.16 |
| Forward PS | 3.6 |
| PB Ratio | 0.9 |
| P/FCF Ratio | 8.49 |
| PEG Ratio | n/a |
Enterprise Valuation
Heritage Commerce Corp has an Enterprise Value (EV) of 268.55M.
| EV / Earnings | 4.17 |
| EV / Sales | 1.4 |
| EV / EBITDA | 2.86 |
| EV / EBIT | 2.97 |
| EV / FCF | 3.76 |
Financial Position
The company has a current ratio of 87.06, with a Debt / Equity ratio of 0.06.
| Current Ratio | 87.06 |
| Quick Ratio | 87.06 |
| Debt / Equity | 0.06 |
| Total Debt / Capitalization | 5.54 |
| Cash Flow / Debt | 1.85 |
| Interest Coverage | 1.77 |
Financial Efficiency
Return on equity (ROE) is 0.1% and return on capital (ROIC) is 9.05%.
| Return on Equity (ROE) | 0.1% |
| Return on Assets (ROA) | 0.01% |
| Return on Capital (ROIC) | 9.05% |
| Revenue Per Employee | 542.42K |
| Profits Per Employee | 182.56K |
| Employee Count | 353 |
| Asset Turnover | 0.04 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 25.98M |
| Effective Tax Rate | 0.29 |
Stock Price Statistics
The stock price has increased by 7.76% in the last 52 weeks. The beta is 0.91, so Heritage Commerce Corp's price volatility has been higher than the market average.
| Beta | 0.91 |
| 52-Week Price Change | 7.76% |
| 50-Day Moving Average | 10.19 |
| 200-Day Moving Average | 9.21 |
| Relative Strength Index (RSI) | 49.4 |
| Average Volume (20 Days) | 344.20K |
Income Statement
In the last 12 months, Heritage Commerce Corp had revenue of $191.47M and earned $64.44M in profits. Earnings per share was $1.06.
| Revenue | 191.47M |
| Gross Profit | 191.47M |
| Operating Income | 90.42M |
| Net Income | 64.44M |
| EBITDA | 93.94M |
| EBIT | 90.42M |
| Earnings Per Share (EPS) | 1.06 |
Balance Sheet
The company has $408.13M in cash and $39.50M in debt, giving a net cash position of $368.63M.
| Cash & Cash Equivalents | 408.13M |
| Total Debt | 39.50M |
| Net Cash | 368.63M |
| Retained Earnings | 179.09M |
| Total Assets | 5.55B |
| Working Capital | 33.39M |
Cash Flow
In the last 12 months, operating cash flow was $73.01M and capital expenditures -$1.67M, giving a free cash flow of $71.34M.
| Operating Cash Flow | 73.01M |
| Capital Expenditures | -1.67M |
| Free Cash Flow | 71.34M |
| FCF Per Share | 1.17 |
Margins
Gross margin is 100%, with operating and profit margins of 47.22% and 33.66%.
| Gross Margin | 100% |
| Operating Margin | 47.22% |
| Pretax Margin | 47.22% |
| Profit Margin | 33.66% |
| EBITDA Margin | 49.06% |
| EBIT Margin | 47.22% |
| FCF Margin | 37.26% |
Dividends & Yields
HTBK pays an annual dividend of $0.52, which amounts to a dividend yield of 5.02%.
| Dividend Per Share | $0.52 |
| Dividend Yield | 5.02% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 73.24% |
| Earnings Yield | 10.17% |
| FCF Yield | 11.17% |
Analyst Forecast
The average price target for HTBK is $11.5, which is 10.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $11.5 |
| Price Target Difference | 10.4% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
Stock Splits
The last stock split was on Feb 3, 2000. It was a forward split with a ratio of 11:10.
| Last Split Date | Feb 3, 2000 |
| Split Type | forward |
| Split Ratio | 11:10 |
Scores
| Altman Z-Score | 0.19 |
| Piotroski F-Score | 6 |