Hertz Global Holdings Inc. (HTZ): What Does Valuation Ratios Tell Us?

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Hertz Global Holdings Inc. (NASDAQ:HTZ) saw a downside of -3.27% to $16.85 after subtracting -$0.57 on Wednesday. The 5-day average trading volume is 1,530,105 shares of the company’s common stock. It has gained $17.59 in the past week and touched a new high 4 times within the past 5 days. An average of 2,425,616 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,524,883.

HTZ’s 1-month performance is 15.59% or $1.59 on its low of $14.79 reached on 12/28/22. The company’s shares have touched a 52-week low of $14.49 and high of $24.35, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, HTZ has achieved 13.19% or $1.41 and has reached a new high 10 times. However, the current price is down -30.80% from the 52-week high price.


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Valuation Metrics

Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.65 while the price-to-book (PB) in the most recent quarter is 2.24, with the price to cash flow ratio at 2.06.

As well, the company’s long term debt to equity for the quarter ending September 29 was 5.00, while the total debt to equity was 5.00. In terms of profitability, the gross margin trailing 12 months is 46.50%. The firm’s gross profit as reported stood at $3.42 billion against revenue of $7.34 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected HTZ to announce $1.06 per share in earnings in its latest quarter, but it posted $1.08, representing a 1.90% surprise. EBITDA for the quarter stood at more than $1.05 billion. HTZ stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 18.93 billion, with total debt at $14.63 billion. Shareholders hold equity totaling $333.95 million.

Let’s look briefly at Hertz Global Holdings Inc. (HTZ) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 53.69% to suggest the stock is trending Neutral, with historical volatility in this time period at 33.24%.

The stock’s 5-day moving average is $17.09, reflecting a -1.00% or -$0.17 change from its current price. HTZ is currently trading +10.45% above its 20-day SMA, -8.99% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -4.00% and SMA200 by-22.94%.

Stochastic %K and %D was 86.56% and 87.78% and the average true range (ATR) pointed at 0.53. The RSI (14) points at 54.38%, while the 14-day stochastic is at 69.79% with the period’s ATR at 0.54. The stock’s 9-day MACD Oscillator is pointing at 0.19 and 0.48 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Hertz Global Holdings Inc. (NASDAQ: HTZ), Susquehanna launched coverage with a Neutral rating.

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