The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Hertz Global Holdings Inc (NASDAQ: HTZ) closed at $4.49 up 11.00% from its previous closing price of $4.05. In other words, the price has increased by $11.00 from its previous closing price. On the day, 7.4 million shares were traded.
Ratios:
For a deeper understanding of Hertz Global Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 120.31 whereas as Long-Term Debt/Eq ratio is at 120.31.
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:
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 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:
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 9.00.
Stock Price History:
Over the past 52 weeks, HTZ has reached a high of $8.20, while it has fallen to a 52-week low of $2.47. The 50-Day Moving Average of the stock is 11.35%, while the 200-Day Moving Average is calculated to be 18.07%.
Shares Statistics:
A total of 306.69M shares are outstanding, with a floating share count of 137.15M.
Earnings Estimates
The stock of Hertz Global Holdings Inc (HTZ) is currently being evaluated by 6.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.37, with high estimates of -$0.16 and low estimates of -$0.5.
Analysts are recommending an EPS of between -$0.81 and -$1.75 for the fiscal current year, implying an average EPS of -$1.26. EPS for the following year is $0.21, with 6.0 analysts recommending between $0.76 and -$0.16.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $2.01B this quarter.It ranges from a high estimate of $2.05B to a low estimate of $1.96B. As of the current estimate, Hertz Global Holdings Inc’s year-ago sales were $2.08BFor the next quarter, 5 analysts are estimating revenue of $2.39B. There is a high estimate of $2.45B for the next quarter, whereas the lowest estimate is $2.34B.
A total of 8 analysts have provided revenue estimates for HTZ’s current fiscal year. The highest revenue estimate was $9.35B, while the lowest revenue estimate was $9.11B, resulting in an average revenue estimate of $9.23B. In the same quarter a year ago, actual revenue was $9.05BBased on 9 analysts’ estimates, the company’s revenue will be $9.43B in the next fiscal year. The high estimate is $9.84B and the low estimate is $9.19B.
