Shares of Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report) hit a new 52-week low during trading on Friday . The stock traded as low as $6.84 and last traded at $6.85, with a volume of 5617183 shares trading hands. The stock had previously closed at $7.20.
Analysts Set New Price Targets
Separately, StockNews.com cut shares of Hertz Global from a "hold" rating to a "sell" rating in a research note on Wednesday, February 7th.
Get Our Latest Report on Hertz Global
Hertz Global Stock Performance
The stock's 50-day simple moving average is $7.71 and its two-hundred day simple moving average is $9.24. The stock has a market cap of $2.09 billion, a price-to-earnings ratio of 8.25 and a beta of 1.99.
Hertz Global (NYSE:HTZ - Get Free Report) last posted its quarterly earnings data on Tuesday, February 6th. The company reported ($1.36) EPS for the quarter, missing analysts' consensus estimates of ($1.02) by ($0.34). The firm had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.15 billion.
Hertz Global Company Profile
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Hertz Global Holdings, Inc operates as a vehicle rental company. The company operates through two segments, Americas Rental Car and International Rental Car. It offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-operated, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand.
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