Hertz Global Holdings Inc (NYSE:HTZ) shares traded during most recent session to reach at the closing price of $15.97. The stock exchanged hands on average of 3.73 Million shares, yielding a market cap of $1.37 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $21.83 within the next 52-weeks. The mean target projections are based on 6 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Hertz Global Holdings Inc (NYSE:HTZ) high price target of $38 and with a conservative view have low price target of $13.
Barclays “Maintained” Hertz Global Holdings Inc (NYSE:HTZ) in a research note issued to investors on 8/22/18 to Underweight with price target of $13.
Additionally on 6/26/18 Morgan Stanley “Maintained” Hertz Global Holdings Inc (NYSE:HTZ) to Underweight setting price target at $15 and on 1/18/18 Macquarie “Upgrades” the stock to Outperform at $. Furthermore on 11/15/17 Morgan Stanley “Maintained” the stock to Underweight at $13.
On the other hand the company has Relative Strength Index (RSI 14) of 35.33 along with Average True Range (ATR 14) of 0.9, Consequently Hertz Global Holdings Inc (NYSE:HTZ)’s weekly and monthly volatility is 5.41%, 5.17% respectively. The company’s beta value is at 1.98.
In terms of Buy, Sell or Hold recommendations, Hertz Global Holdings Inc (NYSE:HTZ) has analysts’ mean recommendation of 3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Hertz Global Holdings Inc (NYSE:HTZ)’s minimum EPS for the current quarter is at $1.34 and can go high up to $2.01. The consensus mean EPS for the current quarter is at $1.74 derived from a total of 9 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.42 earnings per share for the same quarter during last year.
Previously Hertz Global Holdings Inc (NYSE:HTZ) reported $-0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.24 by $0.05. The company posted an earnings surprise of 20.8%.
Hertz Global Holdings Inc (NYSE:HTZ)’s revenue estimates for the current quarter are $2.69 Billion according to 6 number of analysts, for the current quarter the company has high revenue estimates of $2.77 Billion in contradiction of low revenue estimates of $2.57 Billion. For the current year the company’s revenue estimates are $9.26 Billion compared to low analyst estimates of $9.13 Billion and high estimates of $9.36 Billion according to 8 number of analysts.
Currently Hertz Global Holdings Inc (NYSE:HTZ)’s shares owned by insiders are 0.4%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded 4.58%, as well as three-month change in the institutional ownership was recorded -0.03%.
Hertz Global Holdings Inc (NYSE:HTZ)’s trailing twelve month revenues are $9.11 Billion, whereas its price to sales ratio for the same period is 0.15. Its book value per share for the most recent quarter is $12.61 while its price to book ratio for the same period is 1.27, as for as the company’s cash per share for the most recent quarter is $8.01, however its price to cash per share ratio for the same period is 1.99. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 1.18.