Approximately 3,962 Shares Of Herc Holdings Inc. (HRI) Were Sold By This Insider.

Herc Holdings Inc. (NYSE:HRI) finished Friday with an addition of $3.51 to close at $187.47, an upside of 1.91 percent. An average of 325,920 shares of common stock have been traded in the last five days. There was a gain of $8.65 in the past week, and it reached a new high 64 times over the past 12 months. The last 20 days have seen an average of 322,395 shares traded, while the 50-day average volume stands at 249,204.

HRI stock has increased by 19.83% in the last month. The company shares reached their 1-month lowest point of $144.87 on 09/23/21. With the stock rallying to its 52-week high on 10/22/21, shares of the company touched a low of $41.70 and a high of $190.55 in 52 weeks. It has reached a new high 50 times so far this year and achieved 182.29% or $121.06 in price. In spite of this, the price is down -1.62% from the 52-week high.


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Insider Transactions

148 days have passed since Herc Holdings Inc. (HRI) last reported insider trading activity. Peres Tamir, who is SVP&Chief Information Officer, most recently acquired $3,962 shares at $113.00 per share on May 28. In this transaction, the insider spent $447,706. SVP & Chief HR Officer, Cunningham Christian J, disposed of 7,829 shares at a price of $109.99 on May 06. The insider now owns more than $861,107 worth of shares. Prior to that, President & CEO Silber Lawrence Harris went on to Sale 25,000 shares at $110.36 each on May 06. An amount of $2,759,000 was transacted.

Valuation Metrics

Herc Holdings Inc. (HRI) has a trailing price-to-earnings (P/E) ratio of 36.14, which compares with the 22.10 for the broader industry and 29.83 for the sector. In the last five years, Herc Holdings Inc.’s PE ratio has ranged between 44.19 and 2.855. The stock’s beta is 2.87. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.94, the price-to-book (PB) ratio at 6.64, and the price-to-cash flow ratio at 9.10.

Herc Holdings Inc. pays a $2.00 dividend per share annually. It offers a dividend yield of 1.07%. Its dividend has been increased for the last 1 year

The quick ratio of Herc Holdings Inc. for the three months ended June 29 was 1.00, and the current ratio was 1.00, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.84 and a total debt to equity ratio of 1.86 for the quarter ending June 29. Herc Holdings Inc.’s EBITDA margin for the year ending June 29 is 37.79%, while its operating margin for the same period stands at 14.90%. Its gross profit as reported stood at $868.0 million compared to revenue of $1.78 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Herc Holdings Inc.’s return on assets was 4.30%. For the broader industry, ROE averaged 3.67 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Herc Holdings Inc. had $1.79 billion in total debt. The analyst consensus anticipated Herc Holdings Inc.’s latest quarter earnings to come in at $1.24 per share, but it turned out to be $1.57, a 26.60% surprise. For the quarter, EBITDA amounted to $240.7 million. Shareholders own equity worth $29.66 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Herc Holdings Inc. (HRI) price momentum. RSI 9-day as of the close on 22 October was 69.37%, suggesting the stock is Neutral, with historical volatility in this time frame at 35.87%.

As of today, HRI’s price is $185.22 +4.84% or $8.65 from its 5-day moving average. HRI is currently trading +17.18% higher than its 20-day SMA and +68.89% higher than its 100-day SMA. However, the stock’s current price level is +40.11% above the SMA50 and +165.50% above the SMA200.

The stochastic %K and %D were 84.21% and 85.60%, respectively, and the average true range (ATR) was 8.28. With the 14-day stochastic at 84.76% and the average true range at 7.74, the RSI (14) stands at 70.03%. The stock has reached 3.76 on the 9-day MACD Oscillator while the 14-day reading was at 8.41.

Analyst Ratings

Goldman reiterated its a Buy rating on Herc Holdings Inc. (NYSE: HRI), but raised their price target to $125, indicating a potential price decrease of -49.98% for the stock. The consensus rating for Herc Holdings Inc. (HRI) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell HRI, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 5 others rate it as a “buy”.

What is HRI’s price target for the next 12 months?

Analysts predict a range of price targets between $197.00 and $225.00, with a median target of $206.00. Taking a look at these predictions, the average price target given by analysts for Herc Holdings Inc. (HRI) stock is $209.43.

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