Hertz Global Holdings, Inc. (NYSE:HTZ) traded with the volume of 2.03 Million Yesterday. The Stock Opened its session at $38.55 and closed at $36.75 by showing an decrease of -5.31 percent. Hertz Global Holdings, Inc. has 1 year price target of 62.88. The stock gained a consensus recommendation of 2 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Nov 07 AMC. The company reported its last quarter on Jun 16.
On Jun 16 Hertz Global Holdings, Inc. (NYSE:HTZ) reported its EPS in the last quarter as $0.41/Share beating the analyst estimate of $0.31/Share by the difference of $0.1. This showed the surprise of 32.3% in the last quarter earnings. For the Current Quarter, 4 analyst are projecting the mean EPS to be $-0.19/share. According to their observations and findings, the stock could provide a high EPS of $0.1/share and a Low EPS of $-0.51/share.
The 8 analysts offering 12-month price forecasts for Hertz Global Holdings Inc have a median target of 58.50, with a high estimate of 101.00 and a low estimate of 48.00. The median estimate represents a +59.18% increase from the last price of 36.75. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Hertz Global Holdings, Inc. where they believe that the company has the potential to earn average revenue of $2.6 Billion for the current quarter. According to their predictions High & Low revenue estimates are 2.66 Billion and 2.53 Billion respectively.
The Stock currently has the market capitalization of $3.3 Million, P/E (price to earnings ttm) of 11.98 and Weekly volatility of 3.51%% and monthly volatility of 4.12%% respectively.
Hertz Global Holdings, Inc. is currently showing 71.3% EPS growth this year. The Next Year EPS growth is 48.3%, Long term annual growth estimate of 13%, Annual EPS growth past 5 years of -2.96 percent. The Company currently has Insider ownership of 0.2 Percent and Institutional Ownership of 51.9 Percent. The Return on Assets stands at 0.9%, Return on Equity shows 10.7% and Return on Investment value is 4.4%.
Hertz Global Holdings, Inc. Gross Margin percentage stands at 44% while its Operating Margin for trailing twelve month is 10.1 percent and Profit margin (ttm) is 2.2 Percent. The stock is currently moving above its 20-Day Simple Moving Average of -21.99% with the 50-Day Simple Moving Average of -21.99 percent. Currently, the company has SMA200 (200-day simple moving average) of -22.88 Percent. The Stock has YTD (year to date) performance of -16.23 percent.
Many research firms have provided their ratings on Hertz Global Holdings, Inc. (NYSE:HTZ) where Macquarie provided Neutralrating on the stock on 26-Aug-16. Other firms include Credit Suisse giving Neutral rating on 12-Apr-16.
The latest Insider trade was made on 7 Sep 2016 where Cunningham (Christian J) Officer did a transaction type “Sell” in which 280 shares were traded at a price of $36. Another insider trade includes Chief Financial Officer Brasier Barbara L who also initiated a transaction in which 12806 shares were traded on 17 Aug 2016 as “Buy”.
Hertz Global Holdings, Inc. operates car rental business. The company’s product and services consists of Hertz Gold Plus Rewards, NeverLost(R), Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections. It operates primarily in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz Global Holdings, Inc. is based in FL, United States.