Heritage Global (NASDAQ:HGBL) vs. Imation (OTCMKTS:GLAE) Financial Review
by Sarita Garza · The Markets DailyImation (OTCMKTS:GLAE – Get Free Report) and Heritage Global (NASDAQ:HGBL – Get Free Report) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, earnings, risk, dividends and profitability.
Profitability
This table compares Imation and Heritage Global’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Imation | N/A | N/A | N/A |
| Heritage Global | -29.63% | 6.12% | 4.69% |
Earnings and Valuation
This table compares Imation and Heritage Global”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Imation | N/A | N/A | N/A | N/A | N/A |
| Heritage Global | $50.98 million | 0.88 | $3.59 million | ($0.41) | -3.17 |
Heritage Global has higher revenue and earnings than Imation.
Analyst Ratings
This is a breakdown of recent ratings and target prices for Imation and Heritage Global, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Imation | 0 | 0 | 0 | 0 | 0.00 |
| Heritage Global | 1 | 0 | 1 | 0 | 2.00 |
Heritage Global has a consensus price target of $3.00, suggesting a potential upside of 130.77%. Given Heritage Global’s stronger consensus rating and higher probable upside, analysts plainly believe Heritage Global is more favorable than Imation.
Institutional and Insider Ownership
33.5% of Heritage Global shares are owned by institutional investors. 5.9% of Imation shares are owned by company insiders. Comparatively, 15.6% of Heritage Global shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary
Heritage Global beats Imation on 8 of the 9 factors compared between the two stocks.
About Imation
GlassBridge Enterprises, Inc., through its subsidiaries, owns and operates an asset management business in the United States. It offers investment advisory services to third party investors through managed funds separate managed accounts. The company was formerly known as Imation Corp. and changed its name to GlassBridge Enterprises, Inc. in February 2017. GlassBridge Enterprises, Inc. was incorporated in 1996 and is headquartered in New York, New York.
About Heritage Global
Heritage Global Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company operates in three segments: Auction and Liquidation, Refurbishment & Resale, and Brokerage. It provides a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services. The company focuses on identifying, valuing, acquiring, and monetizing underlying tangible assets. It acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; and charged-off receivable portfolios. The company was formerly known as Counsel RB Capital Inc. and changed its name to Heritage Global, Inc. in August 2013. Heritage Global, Inc. was founded in 1937 and is headquartered in San Diego, California.