NASDAQ:HTZ

Hertz Global (HTZ) Stock Price, News & Analysis

$4.42
-0.26 (-5.56%)
(As of 04/26/2024 ET)
Today's Range
$4.40
$4.85
50-Day Range
$4.68
$8.09
52-Week Range
$4.35
$19.36
Volume
15.01 million shs
Average Volume
6.77 million shs
Market Capitalization
$1.35 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.25

Hertz Global MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.71 Rating Score
Upside/​Downside
154.5% Upside
$11.25 Price Target
Short Interest
Healthy
17.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.49mentions of Hertz Global in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
245.45%
From $0.22 to $0.76 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.66 out of 5 stars

Transportation Sector

59th out of 114 stocks

Automotive Rental & Leasing, Without Drivers Industry

3rd out of 7 stocks

HTZ stock logo

About Hertz Global Stock (NASDAQ:HTZ)

The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., operates the Hertz, Dollar and Thrifty vehicle rental brands in approximately 9,700 corporate and franchisee locations throughout North America, Europe, The Caribbean, Latin America, Africa, the Middle East, Asia, Australia, and New Zealand. The Hertz Corporation is one of the largest worldwide airport general use vehicle rental companies.

HTZ Stock Price History

HTZ Stock News Headlines

They say it’s ‘unstoppable’ – How I made 43,509%
Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.
They say it’s ‘unstoppable’ – How I made 43,509%
Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.
Why Hertz Stock Plunged Today
HERTZ REPORTS FIRST QUARTER 2024 RESULTS
5 Stocks to Sell Immediately
HTZ Stock Alert: Hertz CEO Resigns After Tesla Blunder
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Today
4/27/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Automotive rental & leasing, without drivers
Sub-Industry
Trucking
Current Symbol
NASDAQ:HTZ
CUSIP
42805T10
Fax
N/A
Employees
27,000
Year Founded
1918

Price Target and Rating

Average Stock Price Target
$11.25
High Stock Price Target
$28.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+154.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.71
Research Coverage
7 Analysts

Profitability

Net Income
$616 million
Pretax Margin
-3.80%

Debt

Sales & Book Value

Annual Sales
$9.37 billion
Cash Flow
$8.67 per share
Book Value
$9.20 per share

Miscellaneous

Free Float
305,332,000
Market Cap
$1.35 billion
Optionable
Optionable
Beta
1.99

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HTZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Hertz Global stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hertz Global in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" HTZ shares.
View HTZ analyst ratings
or view top-rated stocks.

What is Hertz Global's stock price target for 2024?

7 brokerages have issued 1 year price objectives for Hertz Global's stock. Their HTZ share price targets range from $3.00 to $28.00. On average, they expect the company's stock price to reach $11.25 in the next year. This suggests a possible upside of 154.5% from the stock's current price.
View analysts price targets for HTZ
or view top-rated stocks among Wall Street analysts.

How have HTZ shares performed in 2024?

Hertz Global's stock was trading at $10.39 on January 1st, 2024. Since then, HTZ stock has decreased by 57.5% and is now trading at $4.42.
View the best growth stocks for 2024 here
.

Are investors shorting Hertz Global?

Hertz Global saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 23,680,000 shares, a decline of 7.2% from the March 31st total of 25,520,000 shares. Based on an average daily trading volume, of 5,330,000 shares, the days-to-cover ratio is presently 4.4 days. Approximately 17.4% of the company's shares are short sold.
View Hertz Global's Short Interest
.

When is Hertz Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our HTZ earnings forecast
.

How were Hertz Global's earnings last quarter?

Hertz Global Holdings, Inc (NASDAQ:HTZ) released its quarterly earnings results on Thursday, April, 25th. The transportation company reported ($1.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.45) by $0.83. The transportation company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.02 billion. Hertz Global had a net margin of 2.49% and a negative trailing twelve-month return on equity of 11.64%.

When did Hertz Global's stock split?

Hertz Global shares reverse split on Friday, July 1st 2016. The 1-5 reverse split was announced on Monday, June 6th 2016. The number of shares owned by shareholders was adjusted after the market closes on Thursday, June 30th 2016. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

When did Hertz Global IPO?

Hertz Global (HTZ) raised $1 billion in an IPO on Tuesday, November 9th 2021. The company issued 37,100,000 shares at $25.00-$29.00 per share. Goldman Sachs, J.P. Morgan, Morgan Stanley, Barclays and Deutsche Bank Securities served as the underwriters for the IPO and Guggenheim Securities was co-manager.

Who are Hertz Global's major shareholders?

Hertz Global's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Simplex Trading LLC (0.00%), Alaska Permanent Fund Corp (0.05%), Counterpoint Mutual Funds LLC (0.01%), Wealth Advisory Solutions LLC (0.01%), International Assets Investment Management LLC (0.01%) and Wedmont Private Capital (0.00%).
View institutional ownership trends
.

How do I buy shares of Hertz Global?

Shares of HTZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Hertz Global have any subsidiaries?
The following companies are subsidiares of Hertz Global: 2232560 Ontario Inc., 2240919 Ontario Inc., 3216173 Nova Scotia Company, Ace Tourist Rentals (Aus) Pty Limited, Advantage Rent A Car, Apex Processing Limited, Automoti Group, CCL Vehicle Rentals, CMGC Canada Acquisition ULC, Cinelease Inc., DTG Canada Corp., DTG Operations Inc., DTG Supply LLC, DTGC Car Rental L.P., Daimler Hire Limited, Dan Ryan Car Rentals Limited, Dollar Car Rental, Dollar Rent A Car Inc., Dollar Thrifty Automotive Group Canada Inc., Dollar Thrifty Automotive Group Inc., Donlen, EILEO SAS, Executive Ventures Ltd., Firefly Rent A Car LLC, Forces, HA Fleet Pty Ltd., HA Lease Pty. Ltd., HC Limited Partnership, HCE Limited Partnership, HERTZ FLEET LIMITED, HERTZ LUXEMBOURG S.A.R.L., HIL2 LLC, HIRE (Bermuda) Limited, HVF II GP Corp., Hertz (U.K.) Limited, Hertz Accident Support Ltd., Hertz Aircraft LLC, Hertz Asia Pacific (Japan) Ltd., Hertz Asia Pacific Korea Ltd, Hertz Asia Pacific Pte. Ltd., Hertz Asia Pacific Pty. Ltd., Hertz Australia Pty. Limited, Hertz Automobielen Nederland B.V., Hertz Autopozicovna s.r.o., Hertz Autopujcovna s.r.o., Hertz Autovermietung GmbH, Hertz Belgium b.v.b.a., Hertz Canada (N.S.) Company, Hertz Canada Finance Co. Ltd. (In Quebec- Financement Hertz Canada Ltee.), Hertz Canada Limited, Hertz Canada Vehicles Partnership, Hertz Car Exchange Inc., Hertz Car Rental Consulting (Shanghai) Co. Ltd., Hertz Car Sales LLC, Hertz Claim Management B.V., Hertz Claim Management GmbH, Hertz Claim Management Limited, Hertz Claim Management S.r.l., Hertz Claim Management SAS, Hertz Claim Management SL, Hertz Claim Management bvba, Hertz Corporate Center Property Owners' Association Inc., Hertz Dealership One LLC, Hertz Do Brasil Ltda., Hertz Europe Holdings B.V., Hertz Europe Limited, Hertz Europe Service Centre Limited, Hertz Fleet (Italiana) SrL, Hertz Fleet Services LLC, Hertz France S.A.S., Hertz Funding Corp., Hertz General Interest LLC, Hertz Global Holdings Inc., Hertz Global Services Corporation, Hertz Holdings III UK Limited, Hertz Holdings Netherlands 2 B.V., Hertz International Ltd., Hertz International RE Limited, Hertz Investment (Holdings) Pty. Limited, Hertz Investments Ltd., Hertz Italiana Srl, Hertz Local Edition Corp., Hertz Local Edition Transporting Inc., Hertz Monaco S.A.M., Hertz NL Holdings Inc., Hertz New Zealand Holdings Limited, Hertz New Zealand Limited, Hertz Note Issuer Pty Limited, Hertz Puerto Rico Holdings Inc., Hertz Superannuation Pty. Ltd., Hertz System Inc., Hertz Technologies Inc., Hertz Transporting Inc., Hertz UK Receivables Limited, Hertz Vehicle Financing II LP, Hertz Vehicle Financing III LLC, Hertz Vehicle Financing LLC, Hertz Vehicle Financing U.K. Limited, Hertz Vehicle Interim Financing LLC, Hertz Vehicle Sales Corporation, Hertz Vehicles LLC, Hertz de Espana S.L., International Fleet Financing No. 2 B.V., Navigation Solutions L.L.C., Probus Insurance Company Europe DAC, Puerto Ricancars Inc., RAC Finance SAS, Rental Car Finance LLC, Rental Car Group Company LLC, Rental Car Intermediate Holdings LLC, SellerCo Corporation, SellerCo FSHCO Company, SellerCo Fleet Leasing Ltd., SellerCo Mobility Solutions Inc., Smartz Vehicle Rental Corporation, Stuurgroep Fleet (Netherlands) B.V., Stuurgroep Holland B.V., TCL Funding Limited Partnership, TRAC Asia Pacific Inc., The Hertz Corporation, Thrifty Car Sales Inc., Thrifty Insurance Agency Inc., Thrifty LLC, Thrifty Rent-A-Car System LLC, Tourism Enterprises Ltd, Van Wijk Beheer B.V., and Van Wijk European Car Rental Service B.V..
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This page (NASDAQ:HTZ) was last updated on 4/27/2024 by MarketBeat.com Staff

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