In recent trading session, Hertz Global Holdings Inc. (NASDAQ:HTZ) saw 1.08 million shares changing hands at last check today with its beta currently measuring 0. Company’s recent per share price level of $23.52 trading at -$0.64 or -2.65% at last check today assigns it a market valuation of $11.27B. That most recent trading price of HTZ’s stock is at a discount of -95.58% from its 52-week high price of $46.00 and is indicating a premium of 39.84% from its 52-week low price of $14.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.18 million shares which gives us an average trading volume of 5.03 million if we extend that period to 3-months.
For Hertz Global Holdings Inc. (HTZ), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.30. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.74 in the current quarter.
Hertz Global Holdings Inc. (NASDAQ:HTZ) trade information
Upright in the red during last session for losing -2.65%, in the last five days HTZ remained trading in the green while hitting it’s week-highest on Tuesday, 01/11/22 when the stock touched $23.52 price level, adding 6.18% to its value on the day. Hertz Global Holdings Inc.’s shares saw a change of -3.32% in year-to-date performance and have moved 0.67% in past 5-day. Hertz Global Holdings Inc. (NASDAQ:HTZ) showed a performance of 7.00% in past 30-days. Number of shares sold short was 32.21 million shares which calculate 5.97 days to cover the short interests.
Hertz Global Holdings Inc. (HTZ) estimates and forecasts
The company is estimating its revenue growth to increase by 268.20% in the current quarter and calculating 135.80% increase in the next quarter. This year revenue growth is estimated to rise 38.10% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.91 billion for the same. And 3 analysts are in estimates of company making revenue of $1.72 billion in the next quarter that will end on Mar 2022.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -65.50% during past 5 years.
Hertz Global Holdings Inc. is more likely to be releasing its next quarterly report between February 24 and February 28 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Hertz Global Holdings Inc. (NASDAQ:HTZ)’s Major holders
Insiders are in possession of 0.15% of company’s total shares while institution are holding 42.06 percent of that, with stock having share float percentage of 42.13%. Investors also watch the number of corporate investors in a company very closely, which is 42.06% institutions for Hertz Global Holdings Inc. that are currently holding shares of the company. Fidelity Blue Chip Growth Fund is the top institutional holder at HTZ for having 2.2 million shares of worth $53.23 million. And as of Nov 29, 2021, it was holding 0.47% of the company’s outstanding shares.
The second largest institutional holder is Fidelity Growth Company Fund, which was holding about 1.78 million shares on Nov 29, 2021. The number of shares represents firm’s hold over 0.38% of outstanding shares, having a total worth of $43.06 million.