Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Herc Holdings Inc’s stock clocked out at $163.97, down -8.34% from its previous closing price of $178.89. In other words, the price has decreased by -$8.34 from its previous closing price. On the day, 0.84 million shares were traded.
Ratios:
To gain a deeper understanding of HRI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 56.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 291.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 1.38. In the meantime, Its Debt-to-Equity ratio is 3.63 whereas as Long-Term Debt/Eq ratio is at 3.59.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on June 07, 2024, initiated with a Neutral rating and assigned the stock a target price of $155.
BofA Securities Downgraded its Buy to Underperform on July 21, 2023, whereas the target price for the stock was revised from $150 to $140.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 25 ’24 when Peres Tamir bought 4,026 shares for $226.47 per share.
Silber Lawrence Harris sold 45,816 shares of HRI for $10,877,199 on Nov 06 ’24. The President & CEO now owns 167,566 shares after completing the transaction at $237.41 per share. On Nov 06 ’24, another insider, Silber Lawrence Harris, who serves as the Officer of the company, bought 45,816 shares for $235.00 each.
Valuation Measures:
As of this moment, Herc’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.14, and their Forward P/E ratio for the next fiscal year is 10.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 3.34.
Stock Price History:
Over the past 52 weeks, HRI has reached a high of $246.88, while it has fallen to a 52-week low of $124.70. The 50-Day Moving Average of the stock is -16.82%, while the 200-Day Moving Average is calculated to be -3.76%.
Shares Statistics:
A total of 28.40M shares are outstanding, with a floating share count of 28.07M. Insiders hold about 1.46% of the company’s shares, while institutions hold 98.26% stake in the company.
