Hagerty Stock Analysis

HGTY -  USA Stock  

USD 14.55  0.68  4.90%

The current price rise of Hagerty may raise some interest from investors. The stock closed today at a share price of 14.55 on 153,233 in trading volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in February. The stock standard deviation of daily returns for 90 days investing horizon is currently 6.68. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Hagerty partners.
Please check Risk vs Return Analysis.

Hagerty Stock Analysis 

 
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The Hagerty stock analysis report makes it easy to digest most publicly released information about Hagerty and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Hagerty Stock analysis module also helps to analyze the Hagerty price relationship with some important fundamental indicators such as market cap and management efficiency.

Hagerty Stock Analysis Notes

About 74.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.01. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hagerty had not issued any dividends in recent years. It offers collector vehicles, motorsports, boats, and business insurance products and car financing for antique, classic, and collectible vehicles. Hagerty operates under Insurance - Property Casualty classification in the United States and is traded on New York Stock Exchange. To learn more about Hagerty call the company at 800 922 4050 or check out https://www.hagerty.com.

Hagerty Quarterly Deferred Revenue

236.69 MillionShare

Hagerty 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. Hagerty's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Hagerty or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Hagerty is way too risky over 90 days horizon
Hagerty appears to be risky and price may revert if volatility continues
Hagerty has a strong financial position based on the latest SEC filings
About 74.0% of the company shares are owned by institutional investors
Latest headline from www.nytimes.com: Theyve Driven Everything, but the Miata Keeps Them Smiling - The New York Times

Hagerty SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Hagerty prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Hagerty investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Hagerty specific information freely available to individual and institutional investors to make a timely investment decision.
10th of January 2022
Financial Statements and Exhibits. Other Events. Entry into a Material Definitive Agreement
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14th of December 2021
Unclassified Corporate Event
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10th of December 2021
Unclassified Corporate Event
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3rd of December 2021
Other Events. Submission of Matters to a Vote of Security Holders
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18th of August 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Unregistered Sales of Equity Securities. Entry into a Material Definitive Agreement
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17th of May 2021
Unclassified Corporate Event
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19th of April 2021
Unclassified Corporate Event
View
16th of April 2021
Financial Statements and Exhibits. Other Events
View

Hagerty Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 4.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hagerty's market, we take the total number of its shares issued and multiply it by Hagerty'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 these looking for more risk prefer small-cap and mid-cap equities.

Hagerty Profitablity

Hagerty's profitability indicators refer to fundamental financial ratios that showcase Hagerty's ability to generate income relative to its revenue or operating costs. If, let's say, Hagerty is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hagerty'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 Hagerty's profitability requires more research than a typical breakdown of Hagerty's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2022
Return on Average Assets 0.0171  0.017 
Return on Average Equity 0.08  0.08 
Return on Invested Capital(0.22) (0.24) 
Return on Sales 0.0345  0.0349 

Management Efficiency

Return on Sales is likely to rise to 0.0349 in 2022, whereas Return on Average Assets are likely to drop 0.017 in 2022. Tangible Assets Book Value per Share is likely to rise to 6.62 in 2022, whereas Total Assets are likely to drop slightly above 674.7 M in 2022. Hagerty management efficiency ratios could be used to measure how well hagerty manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for 2022
Book Value per Share 1.05  1.11 
Tangible Assets Book Value per Share 6.43  6.62 
Tangible Asset Value643.2 M622.7 M

Technical Drivers

As of the 26th of January, Hagerty retains the Downside Deviation of 4.38, risk adjusted performance of 0.0951, and Market Risk Adjusted Performance of 0.2708. Hagerty 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 were able to interpolate and analyze data for nineteen technical drivers for Hagerty, which can be compared to its competitors. Please check out Hagerty semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Hagerty is priced fairly, providing market reflects its last-minute price of 14.55 per share. Given that Hagerty has jensen alpha of 0.8209, we strongly advise you to confirm Hagerty's regular market performance to make sure the company can sustain itself at a future point.

Hagerty Price Movement Analysis

The output start index for this execution was one with a total number of output elements of sixty. The Simple Moving Average indicator is calculated by adding the closing price of Hagerty for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Hagerty short-term fluctuations and highlight longer-term trends or cycles. View also all equity analysis or get more info about simple moving average overlap studies indicator.

Hagerty 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 Hagerty insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hagerty'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 Hagerty 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.

Hagerty Technical and Predictive Indicators

Hagerty Forecast Models

Hagerty time-series forecasting models is one of many Hagerty's stock analysis techniquest aimed to predict 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 Hagerty'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 stock market movement and maximize returns from investment trading.

About Hagerty Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Hagerty stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hagerty 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 Hagerty. By using and applying Hagerty Stock analysis, traders can create a robust methodology for identifying Hagerty entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin 0.0486  0.0479 
Gross Margin 0.55  0.56 
Profit Margin 0.018  0.0178 
It offers collector vehicles, motorsports, boats, and business insurance products and car financing for antique, classic, and collectible vehicles. Hagerty operates under Insurance - Property Casualty classification in the United States and is traded on New York Stock Exchange.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Hagerty to your portfolios without increasing risk or reducing expected return.

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Please check Risk vs Return Analysis. Note that the Hagerty information on this page should be used as a complementary analysis to other Hagerty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Hagerty price analysis, check to measure Hagerty'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 Hagerty is operating at the current time. Most of Hagerty's value examination focuses on studying past and present price action to predict the probability of Hagerty's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hagerty's price. Additionally, you may evaluate how the addition of Hagerty to your portfolios can decrease your overall portfolio volatility.
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Is Hagerty'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 Hagerty. If investors know Hagerty 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 Hagerty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hagerty is measured differently than its book value, which is the value of Hagerty that is recorded on the company's balance sheet. Investors also form their own opinion of Hagerty's value that differs from its market value or its book value, called intrinsic value, which is Hagerty'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 Hagerty's market value can be influenced by many factors that don't directly affect Hagerty'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 Hagerty's value and its price as these two are different measures arrived at by different means. Investors typically determine Hagerty value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hagerty'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.