NYSE:HTZHertz Global Stock Price, Forecast & News

Hertz Global's stock was trading at $8.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HTZ shares have decreased by 87.8% and is now trading at $1.00. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hertz Global in the last year. There are currently 4 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Hertz Global.

Hertz Global is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Hertz Global.

Hertz Global Holdings, Inc (NYSE:HTZ) issued its quarterly earnings data on Monday, May, 11th. The transportation company reported ($1.78) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($1.19) by $0.59. The transportation company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.99 billion. Hertz Global had a negative return on equity of 0.12% and a negative net margin of 2.78%. The firm's revenue for the quarter was down 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.99) EPS. View Hertz Global's earnings history.

Hertz Global shares reverse split before market open 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 closing bell on Thursday, June 30th 2016. An investor that had 100 shares of Hertz Global stock prior to the reverse split would have 20 shares after the split.

8 brokers have issued 1-year price objectives for Hertz Global's shares. Their forecasts range from $2.00 to $19.00. On average, they expect Hertz Global's stock price to reach $8.17 in the next twelve months. This suggests a possible upside of 716.7% from the stock's current price. View analysts' price targets for Hertz Global.

Press coverage about HTZ stock has been trending very negative on Saturday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hertz Global earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned headlines about the transportation company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutHertz Global.

Hertz Global saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 58,070,000 shares, an increase of 82.6% from the April 30th total of 31,810,000 shares. Based on an average trading volume of 14,720,000 shares, the days-to-cover ratio is presently 3.9 days. Approximately 41.0% of the company's stock are short sold. View Hertz Global's Current Options Chain.

Some companies that are related to Hertz Global include Old Dominion Freight Line (ODFL), J B Hunt Transport Services (JBHT), Knight-Swift Transportation (KNX), AMERCO (UHAL), Landstar System (LSTR), Werner Enterprises (WERN), Saia (SAIA), Ryder System (R), Heartland Express (HTLD), Avis Budget Group (CAR), Marten Transport (MRTN), FRP (FRPH) and Roadrunner Transportation Systems (RRTS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hertz Global investors own include Delta Air Lines (DAL), General Electric (ge), Walt Disney (DIS), Micron Technology (MU), Tesla (TSLA), American Airlines Group (AAL), Advanced Micro Devices (AMD), Avis Budget Group (CAR), Ford Motor (F) and Bank of America (BAC).

Hertz Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "HTZ."

Hertz Global's stock is owned by many different institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (5.32%), BlackRock Inc. (5.18%), Lyrical Asset Management LP (2.76%), Morgan Stanley (2.00%), Morgan Stanley (2.00%) and State Street Corp (1.80%). Company insiders that own Hertz Global stock include Carl C Icahn, David Galainena, Jamere Jackson, Jodi J Allen and Richard Eric Esper. View institutional ownership trends for Hertz Global.

HTZ stock was sold by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Nuveen Asset Management LLC, Healthcare of Ontario Pension Plan Trust Fund, BlackRock Inc., Lyrical Asset Management LP, Canada Pension Plan Investment Board, Gamco Investors INC. ET AL, and Congress Asset Management Co. MA. Company insiders that have sold Hertz Global company stock in the last year include Carl C Icahn, David Galainena, Jamere Jackson, Jodi J Allen, and Richard Eric Esper. View insider buying and selling activity for Hertz Global.

HTZ stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Victory Capital Management Inc., Victory Capital Management Inc., JPMorgan Chase & Co., MERIAN GLOBAL INVESTORS UK Ltd, Los Angeles Capital Management & Equity Research Inc., and Geode Capital Management LLC. View insider buying and selling activity for Hertz Global.

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

One share of HTZ stock can currently be purchased for approximately $1.00.

Hertz Global has a market capitalization of $142.07 million and generates $9.78 billion in revenue each year. The transportation company earns $-58,000,000.00 in net income (profit) each year or $1.44 on an earnings per share basis. Hertz Global employs 38,000 workers across the globe.

The official website for Hertz Global is www.hertz.com.

Hertz Global's mailing address is 8501 WILLIAMS ROAD, ESTERO FL, 33928. The transportation company can be reached via phone at 239-301-7000 or via email at [email protected]