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After finishing at $135.77 in the prior trading day, Herc Holdings Inc (NYSE: HRI) closed at $129.28, down -4.78%. In other words, the price has decreased by -$4.78 from its previous closing price. On the day, 0.98 million shares were traded.
Ratios:
Our goal is to gain a better understanding of HRI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 230.15. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 17.46, and their Forward P/E ratio for the next fiscal year is 8.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 2.63.
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 -31.23%, while the 200-Day Moving Average is calculated to be -23.97%.
Shares Statistics:
A total of 28.40M shares are outstanding, with a floating share count of 28.07M. Insiders hold about 1.44% of the company’s shares, while institutions hold 98.61% stake in the company.
Earnings Estimates
The dynamic stock of Herc Holdings Inc (HRI) is currently being evaluated by a team of 8.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $2.72, with high estimates of $3.45 and low estimates of $2.38.
Analysts are recommending an EPS of between $14.26 and $11.95 for the fiscal current year, implying an average EPS of $13.13. EPS for the following year is $15.74, with 9.0 analysts recommending between $18.39 and $13.81.
Revenue Estimates
7 analysts predict $841.67M in revenue for the current quarter. It ranges from a high estimate of $870.81M to a low estimate of $806.6M. As of the current estimate, Herc Holdings Inc’s year-ago sales were $804MFor the next quarter, 7 analysts are estimating revenue of $884.26M. There is a high estimate of $918.65M for the next quarter, whereas the lowest estimate is $860.2M.
A total of 8 analysts have provided revenue estimates for HRI’s current fiscal year. The highest revenue estimate was $3.75B, while the lowest revenue estimate was $3.5B, resulting in an average revenue estimate of $3.67B. In the same quarter a year ago, actual revenue was $3.57BBased on 8 analysts’ estimates, the company’s revenue will be $3.9B in the next fiscal year. The high estimate is $4.09B and the low estimate is $3.68B.
