In last trading session, Hertz Global Holdings Inc (NASDAQ:HTZ) saw 4.13 million shares changing hands with its beta currently measuring 2.47. Company’s recent per share price level of $4.50 trading at $0.01 or 0.22% at ring of the bell on the day assigns it a market valuation of $1.38B. That closing price of HTZ’s stock is at a discount of -82.22% from its 52-week high price of $8.20 and is indicating a premium of 45.11% from its 52-week low price of $2.47.
For Hertz Global Holdings Inc (HTZ), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.70. Splitting up the data highlights that, out of 7 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.94 in the current quarter.
Hertz Global Holdings Inc (NASDAQ:HTZ) trade information
Upright in the green during last session for gaining 0.22%, in the last five days HTZ remained trading in the green while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $4.50 price level, adding 2.6% to its value on the day. Hertz Global Holdings Inc’s shares saw a change of 22.95% in year-to-date performance and have moved 1.12% in past 5-day. Hertz Global Holdings Inc (NASDAQ:HTZ) showed a performance of 11.66% in past 30-days.
Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 35.71% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 34. It follows that stock’s current price would jump 11.11% in reaching the projected high whereas dropping to the targeted low would mean a gain of 11.11% for stock’s current value.
Hertz Global Holdings Inc (HTZ) estimates and forecasts
This year revenue growth is estimated to rise 1.57% 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 2.01B for the same. And 6 analysts are in estimates of company making revenue of 2.37B in the next quarter. Company posted 2.08B and 2.35B of sales in current and next quarters respectively a year earlier.
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 -79.95% during past 5 years.
Hertz Global Holdings Inc (NASDAQ:HTZ)’s Major holders
KNIGHTHEAD CAPITAL MANAGEMENT, LLC is the top institutional holder at HTZ for having 181.46 million shares of worth $640.54 million. And as of 2024-06-30, it was holding 59.4936 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 20.53 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.7295 of outstanding shares, having a total worth of $72.45 million.
On the other hand, iShares Core S&P Smallcap ETF and Invesco ETF Tr II-Invesco S&P Smallcap 600 Revenue ETF are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 7.88 shares of worth $35.47 million or 1.67% of the total outstanding shares. The later fund manager was in possession of 3.9 shares on Nov 30, 2024 , making its stake of worth around $17.57 million in the company or a holder of 0.83% of company’s stock.
