$9.35
0.85% today
Nasdaq, Dec 30, 04:47 pm CET
ISIN
US4269271098
Symbol
HTBK
Sector
Industry

Heritage Commerce Corp Target price 2024 - Analyst rating & recommendation

Heritage Commerce Corp Classifications & Recommendation:

Buy
83%
Hold
17%

Heritage Commerce Corp Price Target

Target Price $11.75
Price $9.43
Potential
Number of Estimates 6
6 Analysts have issued a price target Heritage Commerce Corp 2025 . The average Heritage Commerce Corp target price is $11.75. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 5 Analysts recommend Heritage Commerce Corp to buy, 1 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Heritage Commerce Corp stock has an average upside potential 2025 of . Most analysts recommend the Heritage Commerce Corp stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 243.30 169.98
22.30% 30.14%
Net Margin 26.45% 23.80%
21.23% 10.04%

5 Analysts have issued a sales forecast Heritage Commerce Corp 2024 . The average Heritage Commerce Corp sales estimate is

$170m
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. This is
30.75% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$171m 30.25%
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, the lowest is
$169m 31.24%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $243m 22.30%
2024
$170m 30.14%
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2025
$179m 5.58%
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2026
$193m 7.54%
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6 Heritage Commerce Corp Analysts have issued a net profit forecast 2024. The average Heritage Commerce Corp net profit estimate is

$40.5m
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. This is
5.71% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$41.7m 2.87%
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, the lowest is
$39.2m 8.58%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $64.4m 3.67%
2024
$40.5m 37.14%
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2025
$43.5m 7.56%
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2026
$50.4m 15.74%
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Net Margin

2023 26.45% 21.23%
2024
23.80% 10.04%
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2025
24.25% 1.89%
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2026
26.10% 7.63%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 1.05 0.66
3.67% 37.14%
P/E 14.29
EV/Sales 3.53

6 Analysts have issued a Heritage Commerce Corp forecast for earnings per share. The average Heritage Commerce Corp <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$0.66
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. This is
5.71% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$0.68 2.86%
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, the lowest is
$0.64 8.57%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $1.05 3.67%
2024
$0.66 37.14%
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2025
$0.71 7.58%
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2026
$0.82 15.49%
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P/E ratio

Current 13.41 57.95%
2024
14.29 6.56%
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2025
13.28 7.07%
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2026
11.48 13.55%
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Based on analysts' sales estimates for 2024, the Heritage Commerce Corp stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.44 8.27%
2024
3.53 44.64%
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2025
3.34 5.28%
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2026
3.11 7.02%
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P/S ratio

Current 2.36 6.86%
2024
3.40 44.41%
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2025
3.22 5.28%
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2026
3.00 7.02%
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