Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Hertz Global Holdings Inc Market Cap
From what 10 stock analysts predict, the share price for Hertz Global Holdings Inc (HTZ) might decrease by 22.72% in the next year. This is based on a 12-month average estimation for HTZ. Price targets go from $3 to $4.45. The majority of stock analysts believe HTZ is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
HTZ is a stock in Industrials which has been forecasted to be worth $3.49286 as an average. On the higher end, the forecast price is $4.45 USD by from and on the lower end HTZ is forecasted to be $3 by John Babcock from B of A Securities.
These are the latest 20 analyst ratings of HTZ.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Ryan Brinkman JP Morgan | Underweight | Downgrade | Oct 21, 2024 | |
| Dan Levy Barclays | Underweight | $3 | Initiates | Sep 19, 2024 |
| Christopher Stathoulopoulos Susquehanna | Neutral | $4 | Maintains | Aug 6, 2024 |
| Adam Jonas Morgan Stanley | Equal-Weight | $7 | Maintains | Aug 6, 2024 |
| Ryan Brinkman JP Morgan | Neutral | $5 | Maintains | Aug 2, 2024 |
| Ryan Brinkman JP Morgan | Neutral | $6 | Maintains | Jul 22, 2024 |
| Lizzie Dove Goldman Sachs | Sell | $3 | Maintains | Jul 10, 2024 |
| Ian Zaffino Oppenheimer | Perform | Maintains | Jul 5, 2024 | |
| John Babcock B of A Securities | Underperform | $2.5 | Maintains | Jun 13, 2024 |
| Christopher Stathoulopoulos Susquehanna | Neutral | $5 | Maintains | Apr 30, 2024 |
| Lizzie Dove Goldman Sachs | Sell | $4 | Maintains | Apr 26, 2024 |
| John Babcock B of A Securities | Underperform | $3 | Downgrade | Apr 26, 2024 |
| Chris Woronka Deutsche Bank | Hold | $6 | Maintains | Apr 18, 2024 |
| Adam Jonas Morgan Stanley | Equal-Weight | $9 | Maintains | Apr 10, 2024 |
| Lizzie Dove Goldman Sachs | Sell | $7 | Downgrade | Apr 4, 2024 |
| John Babcock B of A Securities | Neutral | $9 | Initiates | Mar 19, 2024 |
| Adam Jonas Morgan Stanley | Equal-Weight | $10 | Downgrade | Feb 8, 2024 |
| Chris Woronka Deutsche Bank | Hold | $9 | Downgrade | Jan 25, 2024 |
| Ryan Brinkman JP Morgan | Neutral | $11 | Downgrade | Jan 25, 2024 |
| Stephanie Moore Jefferies | Hold | $8 | Downgrade | Jan 19, 2024 |
When did it IPO
2006
Staff Count
27,000
Country
United States
Sector/Industry
Industrials/Rental & Leasing Services
CEO
Mr. Wayne Gilbert West
Market Cap
$1.39B
In 2023, HTZ generated $9.37B in revenue, which was a increase of 7.90% from the previous year. This can be seen as a signal that HTZ's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 05 Dec 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Hertz Global Holdings plans to offer $500 million in additional 12.625% First Lien Senior Secured Notes due 2029 through a private offering, subject to market conditions.
Why It Matters - Hertz's plan to issue $500 million in high-yield notes signals a need for capital, which could affect its financial health and leverage, influencing investor sentiment and stock performance.
Thu, 05 Dec 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Hertz Global Holdings will seek consents from holders of its 12.625% First Lien Notes and 8.000% Exchangeable Notes to amend certain indenture provisions, effective from December 4, 2024.
Why It Matters - Hertz's solicitation for consent to amend existing notes indicates potential restructuring efforts, which can impact bondholder confidence, interest rates, and overall company financial health.
Thu, 05 Dec 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Hertz Global Holdings announced a private offering of $500 million in additional 12.625% First Lien Senior Secured Notes due 2029, exempt from SEC registration.
Why It Matters - Hertz's issuance of $500 million in high-yield notes indicates strong capital needs, potentially signaling growth or debt management strategies, affecting its financial stability and stock performance.
Tue, 12 Nov 2024
Sentiment - NEGATIVE
Source - Reuters
Summary - Hertz Global reported a larger-than-expected Q3 loss and missed revenue targets, impacted by fleet vehicle depreciation, causing shares to drop over 8% in premarket trading.
Why It Matters - Hertz's larger-than-expected losses and missed revenue forecasts signal operational challenges, negatively impacting investor sentiment and share value.
Tue, 12 Nov 2024
Sentiment - NEGATIVE
Source - Investopedia
Summary - Hertz Global Holdings (HTZ) reported a larger-than-expected Q3 loss, attributed to a $1 billion non-cash asset impairment charge.
Why It Matters - Hertz's wider loss and substantial impairment charge signal financial instability, potentially impacting stock performance and investor confidence.
Tue, 12 Nov 2024
Sentiment - NEGATIVE
Source - The Motley Fool
Summary - The car rental company's stock rebounded unexpectedly following a disappointing earnings report.
Why It Matters - The stock's recovery despite poor earnings suggests market optimism or undervaluation, indicating potential for future growth or resilience in the car rental industry.
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