Heritage Commerce Corp (HTBK)
Heritage Commerce Corp Statistics
Share Statistics
Heritage Commerce Corp has 61.3M shares outstanding. The number of shares has increased by 0.22% in one year.
| Shares Outstanding | 61.3M |
| Shares Change (YoY) | 0.22% |
| Shares Change (QoQ) | 0.01% |
| Owned by Institutions (%) | 76.69% |
| Shares Floating | 58.85M |
| Failed to Deliver (FTD) Shares | 4.67K |
| FTD / Avg. Volume | 1.26% |
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 | 3.2 |
| PB Ratio | 0.83 |
| P/FCF Ratio | 0 |
| PEG Ratio | -0.38 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Heritage Commerce Corp.
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
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 |
| Total Debt / Capitalization | 5.44 |
| Cash Flow / Debt | 0 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is 0.06% and return on capital (ROIC) is 8.89%.
| Return on Equity (ROE) | 0.06% |
| Return on Assets (ROA) | 0.01% |
| Return on Capital (ROIC) | 8.89% |
| Revenue Per Employee | $479,597.18 |
| Profits Per Employee | $114,163.38 |
| Employee Count | 355 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 16.15M |
| Effective Tax Rate | 0.28 |
Stock Price Statistics
The stock price has increased by 27.95% in the last 52 weeks. The beta is 0.94, so Heritage Commerce Corp's price volatility has been higher than the market average.
| Beta | 0.94 |
| 52-Week Price Change | 27.95% |
| 50-Day Moving Average | 9.79 |
| 200-Day Moving Average | 9.6 |
| Relative Strength Index (RSI) | 64.81 |
| Average Volume (20 Days) | 369.81K |
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 | 90.66M |
| 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 | 5.65M |
| Working Capital | 286.14K |
Cash Flow
In the last 12 months, operating cash flow was 0 and capital expenditures 0, giving a free cash flow of 0.
| Operating Cash Flow | 0 |
| Capital Expenditures | 0 |
| Free Cash Flow | 0 |
| FCF Per Share | 0 |
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 | n/a |
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 | 6.21% |
| FCF Yield | 0% |
Analyst Forecast
The average price target for HTBK is $11.5, which is 8.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $11.5 |
| Price Target Difference | 8.3% |
| 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 | 108.28 |
| Piotroski F-Score | 6 |