Published: Wed, May 10, 2017
Finance | By Laverne Griffith

Hertz Global Holdings, Inc (HTZ) Receives $32.44 Average PT from Analysts


In case of Revenue Estimates, 1940000 analysts have provided their consensus Average Revenue Estimates for Hertz Global Holdings, Inc.as 7000. The high-yield debt issue has a 6.25% coupon and is set to mature on October 15, 2022. Mean recommendation on this stock is 2.80.

The biggest institutional shareholders in Hertz Global Holdings, Inc include Icahn Associates Corp which owns 29 million shares in the company valued at $630.93 million.

The company has mean EPS estimate of 1.23 reported by 10 number of analyst for the quarter ending May 8, 2017.

Shares of Hertz plummeted 15 percent in after-market trading on the earnings report. Zacks Investment Research lowered shares of Hertz Global Holdings from a "hold" rating to a "sell" rating in a report on Thursday, February 23rd. Finally, Barclays PLC restated an "equal weight" rating and issued a $23.00 target price (down from $31.00) on shares of Hertz Global Holdings in a research report on Friday, February 24th.

A ROI of 0.50% for the company evaluates and compares the efficiency of the various numbers of investments relative to the cost of investments. When there are more buyers than sellers, the stock price will rise because of the increased demand.

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Hertz Global Holdings, Inc (HTZ) now has P/E (Price to Earnings) ratio of 0 while the company's industry has 15.02 P/E and the sector P/E is 25.02. (HTZ) has the trading volume of 2.82 Million shares with the average trading volume of 3170 shares. The stock's market capitalization is $1.24 billion. Over the last five days, shares have managed 9.06% gains and now is up 2.58% since hitting its 200-day moving average of $48.94. Hertz Global Holdings, Inc has a 12 month low of $11.78 and a 12 month high of $53.14.

Hertz Global Holdings, Inc (NYSE:HTZ) late Monday posted much worse than expected first quarter earnings results, reporting a massive loss amid a drop in sales.

Hertz reported an adjusted loss of $1.61 a share, missing forecasts for a loss of 90 cents a share. The business earned $2.01 billion during the quarter, compared to analysts' expectations of $2.04 billion. The company's 5 year Earnings per share growth and Capital Spending growth remains at 0 and 0. In contrast to the year ago quarter EPS was at 0.73. During the same period past year, the business posted $0.05 EPS.

Large investors have recently bought and sold shares of the stock. MKM Partners restated a "buy" rating and issued a $29.00 target price (down previously from $33.00) on shares of Hertz Global Holdings in a research note on Sunday, March 19th. The last close places the company's stock about $24.09 off its 52 week high of $44.68 and $2.19 above the 52 week low of $18.4. PA raised its stake in shares of Hertz Global Holdings by 146.3% in the fourth quarter. (HTZ) has weekly volatility of 6.34%% while its monthly volatility value is at 4.53%%. Russell Investments Group Ltd. bought a new position in shares of Hertz Global Holdings during the fourth quarter worth about $265,000. The number of shares now owned by investors are 419.59 mln.

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