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Heritage Financial Corporation is currently in a long term downtrend where the price is trading 9.8% below its 200 day moving average.
From a valuation standpoint, the stock is 52.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.3.
Heritage Financial Corporation's total revenue rose by 9.7% to $64M since the same quarter in the previous year.
Its net income has increased by 39.4% to $24M since the same quarter in the previous year.
Finally, its free cash flow fell by 433.2% to $-81M since the same quarter in the previous year.
Based on the above factors, Heritage Financial Corporation gets an overall score of 3/5.
ISIN | US42722X1063 |
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Exchange | NASDAQ |
CurrencyCode | USD |
Sector | Financial Services |
Industry | Banks - Regional |
Beta | 0.52 |
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Market Cap | 800M |
Dividend Yield | 4.2% |
PE Ratio | 15.85 |
Target Price | 27 |
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. The company accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit. Its loan portfolio includes commercial and industrial loans, owner-occupied and non-owner occupied commercial real estate loans, one-to-four family residential loans, real estate construction and land development loans, consumer loans, commercial business loans, lines of credit, term equipment financing, and term real estate loans. It also originates loans that are guaranteed by the U.S. Small Business Administration; and provides objective advice from trusted advisers. The company was formerly known as Heritage Financial Corporation, M.H.C. and changed its name to Heritage Financial Corporation in 1998. Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia, Washington.
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