In the last trading session, 0.44 million shares of the Hertz Global Holdings Inc (NASDAQ:HTZ) were traded, and its beta was 2.44. Most recently the company’s share price was $3.90, and it changed around -$0.14 or -3.34% from the last close, which brings the market valuation of the company to $1.20B. HTZ currently trades at a discount to its 52-week high of $8.20, offering almost -110.26% off that amount. The share price’s 52-week low was $2.47, which indicates that the current value has risen by an impressive 36.67% since then.
Hertz Global Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.70. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 6 recommended HTZ as a Hold, whereas 0 deemed it a Buy, and 4 rated it as Underweight. Hertz Global Holdings Inc is expected to report earnings per share of -0.92 for the current quarter.
Hertz Global Holdings Inc (NASDAQ:HTZ) trade information
Instantly HTZ has showed a red trend with a performance of -3.34% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.46 on recent trading dayincreased the stock’s daily price by 12.56%. The company’s shares are currently up 6.69% year-to-date, but still down -7.90% over the last five days. On the other hand, Hertz Global Holdings Inc (NASDAQ:HTZ) is -5.45% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 44.29% from its current value. Analyst projections state that HTZ is forecast to be at a low of $4 and a high of $34.
Hertz Global Holdings Inc (HTZ) estimates and forecasts
The year-over-year growth rate is expected to be 1.66%, up from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 2.01B in revenue for the current quarter. 6 analysts expect Hertz Global Holdings Inc to make 2.37B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.08B and 2.35B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -3.50%. Forecasts for the next quarter put sales growth at 0.72%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -79.95%. Hertz Global Holdings Inc earnings are expected to increase by 73.92% in 2025, but the outlook is positive 74.40% per year for the next five years.
Hertz Global Holdings Inc (NASDAQ:HTZ)’s Major holders
BLACKROCK INC., with 6.7295% or 20.53 million shares worth $72.45 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core S&P Smallcap ETF and Invesco ETF Tr II-Invesco S&P Smallcap 600 Revenue ETF were the top two Mutual Funds as of Dec 31, 2024. The former held 8.07 shares worth $31.28 million, making up 1.71% of all outstanding shares. On the other hand, Invesco ETF Tr II-Invesco S&P Smallcap 600 Revenue ETF held roughly 3.9 shares worth around $15.13 million, which represents about 0.83% of the total shares outstanding.
