For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Hertz Global Holdings Inc’s stock clocked out at $4.51, down -4.45% from its previous closing price of $4.72. In other words, the price has decreased by -$4.45 from its previous closing price. On the day, 7.43 million shares were traded. HTZ stock price reached its highest trading level at $4.685 during the session, while it also had its lowest trading level at $4.36.
Ratios:
To gain a deeper understanding of HTZ’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 27.87 whereas as Long-Term Debt/Eq ratio is at 27.87.
On September 19, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $3.
BofA Securities Downgraded its Neutral to Underperform on April 26, 2024, whereas the target price for the stock was revised from $9 to $3.
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 Dec 03 ’24 when Leef Eric bought 4,034 shares for $4.51 per share.
Leef Eric sold 4,034 shares of HTZ for $18,193 on Dec 03 ’24. The EVP, Chief HR Officer now owns 321,830 shares after completing the transaction at $4.51 per share. On Nov 22 ’24, another insider, FIELDS MARK, who serves as the Director of the company, sold 75,000 shares for $4.05 each. As a result, the insider received 303,750 and left with 301,135 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HTZ now has a Market Capitalization of 1383171840 and an Enterprise Value of 19858169856. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 2.03. Its current Enterprise Value per Revenue stands at 2.16 whereas that against EBITDA is -18.202.
Stock Price History:
Over the past 52 weeks, HTZ has reached a high of $10.82, while it has fallen to a 52-week low of $2.47. The 50-Day Moving Average of the stock is 30.40%, while the 200-Day Moving Average is calculated to be -1.08%.
Shares Statistics:
It appears that HTZ traded 5.97M shares on average per day over the past three months and 7607120 shares per day over the past ten days. A total of 306.51M shares are outstanding, with a floating share count of 137.16M. Shares short for HTZ as of 1731628800 were 43343929 with a Short Ratio of 7.26, compared to 1728950400 on 37008911. Therefore, it implies a Short% of Shares Outstanding of 43343929 and a Short% of Float of 35.29.
