NYSE:HTZHertz Global Stock Price, Forecast & 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. Since then, HTZ stock has decreased by 83.3% and is now trading at $1.3750. 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) released its earnings results on Monday, May, 11th. The transportation company reported ($1.78) EPS for the quarter, missing the Zacks' 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 net margin of 2.78% and a negative return on equity of 0.12%. The company's quarterly revenue was down 8.7% on a year-over-year basis. During the same period last year, the business 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 targets 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 $8.17 in the next twelve months. This suggests a possible upside of 493.9% from the stock's current price. View analysts' price targets for Hertz Global.

Media stories about HTZ stock have been trending negative recently, InfoTrie reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hertz Global earned a news impact score of -2.1 on InfoTrie's scale. They also gave headlines about the transportation company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Hertz Global.

Hertz Global saw a increase in short interest in June. As of June 30th, there was short interest totaling 60,090,000 shares, an increase of 19.0% from the June 15th total of 50,490,000 shares. Based on an average daily volume of 70,380,000 shares, the short-interest ratio is presently 0.9 days. Currently, 42.5% of the company's shares are short sold. View Hertz Global's Current Options Chain.

Some companies that are related to Hertz Global include Nikola (NKLA), Old Dominion Freight Line (ODFL), J B Hunt Transport Services (JBHT), Knight-Swift Transportation (KNX), AMERCO (UHAL), Landstar System (LSTR), Saia (SAIA), Werner Enterprises (WERN), Ryder System (R), Avis Budget Group (CAR), Heartland Express (HTLD), 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."

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 $1.38.

Hertz Global has a market capitalization of $195.65 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]