Hertz Global Stock Forecast, Price & News

Hertz Global's stock was trading at $8.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HTZ stock has decreased by 85.3% and is now trading at $1.21.
View which stocks have been most impacted by COVID-19.

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hertz Global in the last twelve months. There are currently 4 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Hertz Global stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HTZ, but not buy additional shares or sell existing shares.
View analyst ratings for Hertz Global or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Hertz Global a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Hertz Global wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

6,978 employees have rated Hertz Global CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Hertz Global's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Hertz Global is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for Hertz Global.

Hertz Global Holdings, Inc (NYSE:HTZ) posted its quarterly earnings data on Monday, August, 10th. The transportation company reported ($3.51) EPS for the quarter, missing the Zacks' consensus estimate of ($2.65) by $0.86. The transportation company had revenue of $832 million for the quarter, compared to analysts' expectations of $918.94 million. Hertz Global had a negative net margin of 24.30% and a negative return on equity of 91.46%.
View Hertz Global's earnings history.

Hertz Global shares reverse split on the morning of 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 Hertz Global stock prior to the reverse split would have 20 shares after the split.

7 brokerages 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 share price to reach $6.20 in the next twelve months. This suggests a possible upside of 412.4% from the stock's current price.
View analysts' price targets for Hertz Global or view Wall Street analyst' top-rated stocks.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Hertz Global investors own include Delta Air Lines (DAL), The Boeing (BA), American Airlines Group (AAL), General Electric (ge), Tesla (TSLA), Carnival Co. & (CCL), Advanced Micro Devices (AMD), AT&T (T), Ford Motor (F) and Alibaba Group (BABA).

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

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

One share of HTZ stock can currently be purchased for approximately $1.21.

Hertz Global has a market capitalization of $189.01 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]