Hertz Global Holdings Inc (HTZ) concluded trading on Wednesday at a closing price of $4.11, with 5.22 million shares of worth about $21.46 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 24.92% during that period and on Wednesday the price saw a loss of about -3.07%. Currently the company’s common shares owned by public are about 306.69M shares, out of which, 137.17M shares are available for trading.
Stock saw a price change of -8.67% in past 5 days and over the past one month there was a price change of -3.29%. Year-to-date (YTD), HTZ shares are showing a performance of 12.30% which decreased to -44.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.47 but also hit the highest price of $8.20 during that period. The average intraday trading volume for Hertz Global Holdings Inc shares is 4.52 million. The stock is currently trading -3.45% below its 20-day simple moving average (SMA20), while that difference is up 2.74% for SMA50 and it goes to 8.57% higher than SMA200.
The stock has a current market capitalization of $1.26B and its 3Y-monthly beta is at 2.45. It has posted earnings per share of -$9.34 in the same period. It has Quick Ratio of 1.64 while making debt-to-equity ratio of 123.58. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HTZ, volatility over the week remained 7.26% while standing at 6.91% over the month.
Stock’s fiscal year EPS is expected to rise by 73.92% while it is estimated to increase by 92.70% in next year. EPS is likely to grow at an annualized rate of 74.40% for next 5-years, compared to annual growth of -79.95% made by the stock over the past 5-years.
Coverage by Barclays stated Hertz Global Holdings Inc (HTZ) stock as an Underweight in their note to investors on September 19, 2024, suggesting a price target of $3 for the stock. On April 26, 2024, BofA Securities Downgrade their recommendations, while on April 04, 2024, Goldman Downgrade their ratings for the stock with a price target of $7. Stock get a Neutral rating from BofA Securities on March 19, 2024.
