Heritage Commerce Corp (HTBK)
Heritage Commerce Corp Statistics
Share Statistics
Heritage Commerce Corp has 61.44M shares outstanding. The number of shares has increased by 0.31% in one year.
Shares Outstanding | 61.44M |
Shares Change (YoY) | 0.31% |
Shares Change (QoQ) | 0.23% |
Owned by Institutions (%) | 76.36% |
Shares Floating | 58.94M |
Failed to Deliver (FTD) Shares | 536 |
FTD / Avg. Volume | 0.14% |
Short Selling Information
The latest short interest is 853.11K, so 1.39% of the outstanding shares have been sold short.
Short Interest | 853.11K |
Short % of Shares Out | 1.39% |
Short % of Float | 1.45% |
Short Ratio (days to cover) | 2.77 |
Valuation Ratios
The PE ratio is 14.18 and the forward PE ratio is 11.01. Heritage Commerce Corp's PEG ratio is -0.38.
PE Ratio | 14.18 |
Forward PE | 11.01 |
PS Ratio | 3.38 |
Forward PS | 2.9 |
PB Ratio | 0.83 |
P/FCF Ratio | 15.39 |
PEG Ratio | -0.38 |
Enterprise Valuation
Heritage Commerce Corp has an Enterprise Value (EV) of 584.51M.
EV / Sales | 3.43 |
EV / EBITDA | 0 |
EV / EBIT | 15 |
EV / FCF | 15.65 |
Financial Position
The company has a current ratio of 0.31, with a Debt / Equity ratio of 0.06.
Current Ratio | 0.31 |
Quick Ratio | 0.31 |
Debt / Equity | 0.06 |
Debt / EBITDA | - |
Debt / FCF | 1.06 |
Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 5.88% and Return on Invested Capital is 1.17%.
Return on Equity | 5.88% |
Return on Assets | 0.72% |
Return on Invested Capital | 1.17% |
Revenue Per Employee | $493.5K |
Profits Per Employee | $117.47K |
Employee Count | 345 |
Asset Turnover | 0.03 |
Inventory Turnover | n/a |
Taxes
Income Tax | 16.15M |
Effective Tax Rate | 28.49% |
Stock Price Statistics
The stock price has increased by 14.91% in the last 52 weeks. The beta is 0.9, so Heritage Commerce Corp's price volatility has been higher than the market average.
Beta | 0.9 |
52-Week Price Change | 14.91% |
50-Day Moving Average | 9.95 |
200-Day Moving Average | 9.78 |
Relative Strength Index (RSI) | 38.67 |
Average Volume (20 Days) | 380.04K |
Income Statement
In the last 12 months, Heritage Commerce Corp had revenue of 170.26M and earned 40.53M in profits. Earnings per share was 0.66.
Revenue | 170.26M |
Gross Profit | 170.26M |
Operating Income | 90.66M |
Net Income | 40.53M |
EBITDA | 0 |
EBIT | 135.72K |
Earnings Per Share (EPS) | 0.66 |
Balance Sheet
The company has 29.86M in cash and 39.65M in debt, giving a net cash position of -9.79M.
Cash & Cash Equivalents | 29.86M |
Total Debt | 39.65M |
Net Cash | -9.79M |
Retained Earnings | 187.76M |
Total Assets | 5.65B |
Working Capital | 286.14K |
Cash Flow
In the last 12 months, operating cash flow was 38.97M and capital expenditures 0, giving a free cash flow of 37.35M.
Operating Cash Flow | 38.97M |
Capital Expenditures | 0 |
Free Cash Flow | 37.35M |
FCF Per Share | 0.61 |
Margins
Gross margin is 100%, with operating and profit margins of 53.25% and 23.8%.
Gross Margin | 100% |
Operating Margin | 53.25% |
Pretax Margin | 33.29% |
Profit Margin | 23.8% |
EBITDA Margin | n/a |
EBIT Margin | 53.25% |
FCF Margin | 21.94% |
Dividends & Yields
HTBK pays an annual dividend of $0.65, which amounts to a dividend yield of 5.09%.
Dividend Per Share | $0.65 |
Dividend Yield | 5.09% |
Dividend Growth (YoY) | 0% |
Payout Ratio | 98.48% |
Earnings Yield | 7.05% |
FCF Yield | 6.5% |
Analyst Forecast
The average price target for HTBK is $11.5, which is 21.3% higher than the current price. The consensus rating is "Buy".
Price Target | $11.5 |
Price Target Difference | 21.3% |
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 | 0.15 |
Piotroski F-Score | 4 |