In the last trading session, 15.6 million Hertz Global Holdings Inc (NASDAQ:HTZ) shares changed hands as the company’s beta touched 2.13. With the company’s per share price at $8.51 changed hands at $0.21 or 2.53% during last session, the market valuation stood at $2.62B. HTZ’s last price was a discount, traded about -10.34% off its 52-week high of $9.39. The share price had its 52-week low at $2.47, which suggests the last value was 70.98% up since then. When we look at Hertz Global Holdings Inc’s average trading volume, we note the 10-day average is 59.24 million shares, with the 3-month average coming to 15.53 million.
Analysts gave the Hertz Global Holdings Inc (HTZ) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.70. If we narrow down to specifics, the data shows that 1 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended HTZ as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Hertz Global Holdings Inc’s EPS for the current quarter is expected to be -0.96.
Hertz Global Holdings Inc (NASDAQ:HTZ) trade information
Instantly HTZ was in green as seen at the end of in last trading. With action 8.68%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 132.51%, with the 5-day performance at 8.68% in the green. However, in the 30-day time frame, Hertz Global Holdings Inc (NASDAQ:HTZ) is 101.18% up. Looking at the short shares, we see there were 62.23 million shares sold at short interest cover period of 5.59 days.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need a downside of -21.57% from its current market value. According to analyst projections, HTZ’s forecast low is 4 with 34 as the target high. To hit the forecast high, the stock’s price needs a -299.53% plunge from its current level, while the stock would need to tank 53.0% for it to hit the projected low.
Hertz Global Holdings Inc (HTZ) estimates and forecasts
Year-over-year growth is forecast to reach 1.48% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 2.01B. 4 analysts are of the opinion that Hertz Global Holdings Inc’s revenue for the current quarter will be 2.37B. The company’s revenue for the corresponding quarters a year ago was 2.08B and 2.35B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.31%. The estimates for the next quarter sales put growth at 0.86%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -79.95%. The 2025 estimates are for Hertz Global Holdings Inc earnings to increase by 73.28%, but the outlook for the next 5-year period is at 74.40% per year.
HTZ Dividends
Hertz Global Holdings Inc is expected to release its next quarterly earnings report on 2025-Feb-12.
Hertz Global Holdings Inc (NASDAQ:HTZ)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.10% of Hertz Global Holdings Inc shares while 96.64% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 98.71%. There are 96.64% institutions holding the Hertz Global Holdings Inc stock share, with KNIGHTHEAD CAPITAL MANAGEMENT, LLC the top institutional holder. As of 2024-06-30, the company held 59.2992% of the shares, roughly 181.46 million HTZ shares worth $640.54 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.7075% or 20.53 million shares worth $72.45 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and iShares Trust-iShares Russell 2000 ETF . With 7.74 shares estimated at $65.84 million under it, the former controlled 1.64% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 0.69% of the shares, roughly 3.24 shares worth around $27.57 million.
