Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Herc Holdings Inc (NYSE: HRI) closed at $123.25 down -4.26% from its previous closing price of $128.73. In other words, the price has decreased by -$4.26 from its previous closing price. On the day, 0.68 million shares were traded. HRI stock price reached its highest trading level at $129.6506 during the session, while it also had its lowest trading level at $121.12.
Ratios:
For a deeper understanding of Herc Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 42.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 219.41. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HRI now has a Market Capitalization of 3507140352 and an Enterprise Value of 8652071936. As of this moment, Herc’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.64, and their Forward P/E ratio for the next fiscal year is 8.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 2.51. Its current Enterprise Value per Revenue stands at 2.425 whereas that against EBITDA is 9.945.
Stock Price History:
The Beta on a monthly basis for HRI is 1.95, which has changed by -0.21556771 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, HRI has reached a high of $246.88, while it has fallen to a 52-week low of $123.33. The 50-Day Moving Average of the stock is -31.83%, while the 200-Day Moving Average is calculated to be -27.17%.
Shares Statistics:
For the past three months, HRI has traded an average of 451.64K shares per day and 633520 over the past ten days. 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 98.44% stake in the company. Shares short for HRI as of 1740700800 were 1542254 with a Short Ratio of 3.41, compared to 1738281600 on 1080962. Therefore, it implies a Short% of Shares Outstanding of 1542254 and a Short% of Float of 6.140000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for HRI is 2.69, from 2.66 in the trailing year. Against a Trailing Annual Dividend Yield of 0.020663405The current Payout Ratio is 35.93% for HRI, which recently paid a dividend on 2025-02-18 with an ex-dividend date of 1739836800. Stock splits for the company last occurred on 2016-07-01 when the company split stock in a 1:3 ratio.
