Heritage Financial Stock Analysis

HFWA Stock  USD 19.39  0.22  1.15%   
Heritage Financial is fairly valued with Real Value of 20.09 and Target Price of 20.8. The main objective of Heritage Financial stock analysis is to determine its intrinsic value, which is an estimate of what Heritage Financial is worth, separate from its market price. There are two main types of Heritage Financial's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Heritage Financial's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Heritage Financial's stock to identify patterns and trends that may indicate its future price movements.
The Heritage Financial stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Heritage Financial is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Heritage Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Heritage Financial's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.

Heritage Stock Analysis Notes

About 80.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.79. Some equities with similar Price to Book (P/B) outperform the market in the long run. Heritage Financial has Price/Earnings To Growth (PEG) ratio of 2.13. The entity last dividend was issued on the 7th of February 2024. The firm had 21:20 split on the 28th of September 2005. Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia, Washington. Heritage Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 790 people. To learn more about Heritage Financial call Brian Vance at 360 943 1500 or check out https://www.hf-wa.com.

Heritage Financial Quarterly Total Revenue

71.11 Million

Heritage Financial Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Heritage Financial's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Heritage Financial or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Heritage Financial generated a negative expected return over the last 90 days
Heritage Financial has a strong financial position based on the latest SEC filings
Over 80.0% of the company shares are owned by institutional investors
On 22nd of February 2024 Heritage Financial paid $ 0.23 per share dividend to its current shareholders
Latest headline from businesswire.com: Key Piece of Titanic Movie Memorabilia Purchased By Titanic Museum Attraction

Heritage Financial Upcoming and Recent Events

Earnings reports are used by Heritage Financial to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Heritage Financial previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

Heritage Largest EPS Surprises

Earnings surprises can significantly impact Heritage Financial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2010-08-02
2010-06-300.040.050.0125 
1999-01-25
1998-12-310.120.1-0.0216 
2016-01-28
2015-12-310.290.320.0310 
View All Earnings Estimates

Heritage Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Heritage Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Heritage Financial backward and forwards among themselves. Heritage Financial's institutional investor refers to the entity that pools money to purchase Heritage Financial's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Northern Trust Corp2023-12-31
465 K
Heartland Advisors Inc2023-12-31
446 K
Aqr Capital Management Llc2023-12-31
374 K
Manufacturers Life Insurance Co2023-12-31
351.8 K
Lord, Abbett & Co Llc2023-12-31
327.8 K
Arrowstreet Capital Limited Partnership2023-12-31
276.9 K
Fourthstone Llc2023-09-30
270.2 K
Kiley Juergens Wealth Management2023-12-31
237.9 K
Basswood Capital Management Llc2023-12-31
230.7 K
Blackrock Inc2023-12-31
5.1 M
Vanguard Group Inc2023-12-31
2.7 M
Note, although Heritage Financial's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Heritage Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 671.96 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Heritage Financial's market, we take the total number of its shares issued and multiply it by Heritage Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Heritage Profitablity

Heritage Financial's profitability indicators refer to fundamental financial ratios that showcase Heritage Financial's ability to generate income relative to its revenue or operating costs. If, let's say, Heritage Financial is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Heritage Financial's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Heritage Financial's profitability requires more research than a typical breakdown of Heritage Financial's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.26 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.16 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.16.
Last ReportedProjected for 2024
Return On Capital Employed 0.05  0.06 
Return On Assets 0.01  0.01 
Return On Equity 0.07  0.09 

Management Efficiency

The current year's Return On Capital Employed is expected to grow to 0.06. The current year's Return On Assets is expected to grow to 0.01. At present, Heritage Financial's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 7.3 B, whereas Total Current Assets are forecasted to decline to about 232.3 M. Heritage Financial's management efficiency ratios could be used to measure how well Heritage Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for 2024
Price Book Value Ratio 0.88  1.51 
Enterprise Value Multiple 429.71  451.20 
Price Fair Value 0.88  1.51 
The analysis of Heritage Financial's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Heritage Financial's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Heritage Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0459
Forward Dividend Yield
0.0459
Forward Dividend Rate
0.89
Beta
0.537

Technical Drivers

As of the 29th of March, Heritage Financial retains the Standard Deviation of 1.79, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.10). Heritage Financial technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to interpolate and break down thirteen technical drivers for Heritage Financial, which can be compared to its competitors. Please check out Heritage Financial market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Heritage Financial is priced fairly, providing market reflects its last-minute price of 19.39 per share. Given that Heritage Financial has information ratio of (0.14), we strongly advise you to confirm Heritage Financial's regular market performance to make sure the company can sustain itself at a future point.

Heritage Financial Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Heritage Financial middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Heritage Financial. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Heritage Financial Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Heritage Financial insiders, such as employees or executives, is commonly permitted as long as it does not rely on Heritage Financial's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Heritage Financial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Heritage Financial Predictive Daily Indicators

Heritage Financial intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Heritage Financial stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Heritage Financial Corporate Filings

22nd of March 2024
Other Reports
ViewVerify
F4
18th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
28th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
27th of February 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
13A
14th of February 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
13A
13th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
9th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
7th of February 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Heritage Financial Forecast Models

Heritage Financial's time-series forecasting models are one of many Heritage Financial's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Heritage Financial's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Heritage Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Heritage Financial prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Heritage shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Heritage Financial. By using and applying Heritage Stock analysis, traders can create a robust methodology for identifying Heritage entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.24  0.33 
Operating Profit Margin 0.46  0.33 
Net Profit Margin 0.20  0.18 
Gross Profit Margin 0.00  0.00 

Current Heritage Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Heritage analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Heritage analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
20.8Buy6Odds
Heritage Financial current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Heritage analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Heritage stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Heritage Financial, talking to its executives and customers, or listening to Heritage conference calls.
Heritage Analyst Advice Details

Heritage Stock Analysis Indicators

Heritage Financial stock analysis indicators help investors evaluate how Heritage Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Heritage Financial shares will generate the highest return on investment. By understating and applying Heritage Financial stock analysis, traders can identify Heritage Financial position entry and exit signals to maximize returns.
Begin Period Cash Flow103.6 M
Long Term Debt21.8 M
Common Stock Shares Outstanding35.3 M
Total Stockholder Equity853.3 M
Tax Provision11.2 M
Quarterly Earnings Growth Y O Y-0.721
Property Plant And Equipment Net74.9 M
Cash And Short Term Investments-55.9 M
Cash225 M
Net Debt296.8 M
50 Day M A18.9826
Total Current Liabilities4.4 B
Other Operating Expenses230.2 M
Non Current Assets Total6.9 B
Forward Price Earnings10.9529
Non Currrent Assets Other439.4 M
Stock Based Compensation4.3 M
When determining whether Heritage Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Heritage Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Heritage Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heritage Financial Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Heritage Financial's price analysis, check to measure Heritage Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heritage Financial is operating at the current time. Most of Heritage Financial's value examination focuses on studying past and present price action to predict the probability of Heritage Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heritage Financial's price. Additionally, you may evaluate how the addition of Heritage Financial to your portfolios can decrease your overall portfolio volatility.
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Is Heritage Financial's industry 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 Financial. 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 Financial 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
(0.72)
Dividend Share
0.88
Earnings Share
1.75
Revenue Per Share
6.84
Quarterly Revenue Growth
(0.28)
The market value of Heritage Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is Heritage Financial'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 Financial's market value can be influenced by many factors that don't directly affect Heritage Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Financial'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.