Hertz Global Holdings Inc (NASDAQ:HTZ) has a beta value of 2.33 and has seen 1.45 million shares traded in the recent trading session. The company, currently valued at $1.27B, closed the recent trade at $4.14 per share which meant it lost -$0.02 on the day or -0.36% during that session. The HTZ stock price is -90.58% off its 52-week high price of $7.89 and 40.34% above the 52-week low of $2.47. If we look at the company’s 10-day average daily trading volume, we find that it stood at 13.64 million shares traded. The 3-month trading volume is 6.11 million shares.
The consensus among analysts is that Hertz Global Holdings Inc (HTZ) is Buy stock at the moment, with a recommendation rating of 3.70. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 7 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.96.
Hertz Global Holdings Inc (NASDAQ:HTZ) trade information
Sporting -0.36% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the HTZ stock price touched $4.14 or saw a rise of 5.69%. Year-to-date, Hertz Global Holdings Inc shares have moved 13.25%, while the 5-day performance has seen it change 20.49%. Over the past 30 days, the shares of Hertz Global Holdings Inc (NASDAQ:HTZ) have changed -0.60%. Short interest in the company has seen 44.65 million shares shorted with days to cover at 7.71.
Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could jump 40.86% from the levels at last check today.. The projected low price target is $4.0 while the price target rests at a high of $34.0. In that case, then, we find that the latest price level in today’s session is -721.26% off the targeted high while a plunge would see the stock lose 3.38% from the levels at last check today..
Hertz Global Holdings Inc (HTZ) estimates and forecasts
The company’s shares have gained 29.94% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 1.61%.
7 analysts offering their estimates for the company have set an average revenue estimate of 2.01B for the current quarter. 6 have an estimated revenue figure of 2.37B for the next ending quarter. Year-ago sales stood 2.08B and 2.35B respectively for this quarter and the next, and analysts expect sales will shrink by -3.54% for the current quarter and 1.61% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -79.95% over the past 5 years. Earnings growth for 2025 is a modest 72.34% while over the next 5 years, the company’s earnings are expected to increase by 74.40%.
HTZ Dividends
Hertz Global Holdings Inc is expected to release its next earnings report on 2025-Feb-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Hertz Global Holdings Inc (NASDAQ:HTZ)’s Major holders
Insiders own 2.95% of the company shares, while shares held by institutions stand at 91.42% with a share float percentage of 94.21%. Investors are also buoyed by the number of investors in a company, with Hertz Global Holdings Inc having a total of 311.0 institutions that hold shares in the company. The top two institutional holders are KNIGHTHEAD CAPITAL MANAGEMENT, LLC with over 181.46 million shares worth more than $640.54 million. As of 2024-06-30, KNIGHTHEAD CAPITAL MANAGEMENT, LLC held 59.2992% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 20.53 million shares as of 2024-06-30. The firm’s total holdings are worth over $72.45 million and represent 6.7075% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Feb 28, 2025 , the former fund manager holds about 1.67% shares in the company for having 7.9 shares of worth $32.15 million while later fund manager owns 3.23 shares of worth $13.13 million as of Dec 31, 2024 , which makes it owner of about 0.68% of company’s outstanding stock.
