In last trading session, Herc Holdings Inc (NYSE:HRI) saw 0.53 million shares changing hands with its beta currently measuring 1.97. Company’s recent per share price level of $129.28 trading at $7.03 or 5.75% at ring of the bell on the day assigns it a market valuation of $3.68B. That closing price of HRI’s stock is at a discount of -90.97% from its 52-week high price of $246.88 and is indicating a premium of 7.49% from its 52-week low price of $119.60. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.66 million shares which gives us an average trading volume of 464.47K if we extend that period to 3-months.
For Herc Holdings Inc (HRI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.11. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 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 2.21 in the current quarter.
Herc Holdings Inc (NYSE:HRI) trade information
Upright in the green during last session for gaining 5.75%, in the last five days HRI remained trading in the red while hitting it’s week-highest on Monday, 03/10/25 when the stock touched $129.28 price level, adding 1.08% to its value on the day. Herc Holdings Inc’s shares saw a change of -31.72% in year-to-date performance and have moved -1.73% in past 5-day. Herc Holdings Inc (NYSE:HRI) showed a performance of -37.80% in past 30-days. Number of shares sold short was 1.54 million shares which calculate 2.76 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 208.5 to the stock, which implies a rise of 38.0% to its current value. Analysts have been projecting 150 as a low price target for the stock while placing it at a high target of 267. It follows that stock’s current price would drop -16.03% in reaching the projected high whereas dropping to the targeted low would mean a loss of -16.03% for stock’s current value.
Herc Holdings Inc (HRI) estimates and forecasts
This year revenue growth is estimated to rise 2.80% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 841.67M for the same. And 7 analysts are in estimates of company making revenue of 884.26M in the next quarter. Company posted 804M and 848M 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 35.31% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 1.40% while estimates for its earnings growth in next 5 years are of 12.65%.
Herc Holdings Inc (NYSE:HRI)’s Major holders
Insiders are in possession of 1.10% of company’s total shares while institution are holding 98.79 percent of that, with stock having share float percentage of 99.89%. Investors also watch the number of corporate investors in a company very closely, which is 98.79% institutions for Herc Holdings Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at HRI for having 2.92 million shares of worth $389.69 million. And as of 2024-06-30, it was holding 10.3309 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 2.42 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.5444 of outstanding shares, having a total worth of $322.3 million.
On the other hand, Smallcap World Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.51 shares of worth $195.45 million or 5.31% of the total outstanding shares. The later fund manager was in possession of 888.22 shares on Dec 31, 2024 , making its stake of worth around $114.83 million in the company or a holder of 3.12% of company’s stock.
