An Analysis Of Hertz Global Holdings Inc. (HTZ)’s Weekly Performance


As of Friday close, Hertz Global Holdings Inc.’s (NASDAQ:HTZ) stock was down -$0.87, moving down -5.35 percent to $15.38. The average number of shares traded per day over the past five days has been 9,222,400 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.83 fall in that time frame. In the last twenty days, the average volume was 4,559,435, while in the previous 50 days, it was 3,565,556.

Since last month, HTZ stock retreated -22.44%. Shares of the company fell to $15.02 on 03/17/23, the lowest level in the past month. A 52-week high of $24.35 was reached on 03/06/23 after having rallying from a 52-week low of $14.49. Since the beginning of this year, HTZ’s stock price has dropped by -0.06% or -$0.01, and marked a new high 19 times. However, the stock has declined by -36.84% since its 52-week high.

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HTZ stock investors should be aware that Hertz Global Holdings Inc. (HTZ) stock had its last reported insider trading activity 37 days ago on Feb 09. Leef Eric, the EVP, Chief HR Officer of the company, disposed of 4,034 shares for $19.31 on Feb 09. It resulted in a $77,897 divestment by the insider.

Valuation Metrics

Right now, Hertz Global Holdings Inc. (HTZ) has a P/E ratio of about 3.08. Besides these, the trailing price-to-sales (P/S) ratio of 0.61, the price-to-book (PB) ratio of 1.92, and the price-to-cash flow ratio of 2.23 may also be considered.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 5.47, and the total debt-to-equity ratio was 5.47. On the profitability front, the trailing twelve-month gross margin is 44.60% percent. In the year ended December 30, operating margins totaled 32.00%. Based on annual data, HTZ earned $3.88 billion in gross profit and brought in $8.69 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.90%. Return on equity (ROE) for the past 12 months was 76.00%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected Hertz Global Holdings Inc. to report $0.46 quarterly earnings, the actual figure was $0.5 per share, beating the consensus estimate by 8.70%. During the quarter, the company generated $493.0 million in EBITDA. The liabilities of Hertz Global Holdings Inc. were 19.85 billion at the end of its most recent quarter ended December 30, and its total debt was $15.67 billion. The value of shareholders’ equity is $322.41 million.

Technical Picture

This quick technical analysis looks at Hertz Global Holdings Inc.’s (HTZ) price momentum. With a historical volatility rate of 45.07%, the RSI 9-day stood at 22.81% on 17 March.

With respect to its five-day moving average, the current Hertz Global Holdings Inc. price is down by -10.63% percent or -$1.83. At present, HTZ shares trade -22.87% below its 20-day simple moving average and -14.08% percent below its 100-day simple moving average. However, the stock is currently trading approximately +0.39% above its SMA50 and -23.37% below its SMA200.

Stochastic coefficient K was 9.85% and Stochastic coefficient D was 10.14%, while ATR was 0.93. Given the Stochastic reading of 6.59% for the 14-day period, the RSI (14) reading has been calculated as 29.76%. As of today, the MACD Oscillator reading stands at -1.46, while the 14-day reading stands at -1.96.

Analyst Ratings

Susquehanna launched its rating on Hertz Global Holdings Inc. (NASDAQ: HTZ) to a Neutral in a note to investors on December 06, 2022. Hertz Global Holdings Inc. (HTZ) has been rated Overweight by analysts. According to 0 brokerage firms, HTZ is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Hertz Global Holdings Inc. stock as buy, with 3 recommending it as overweight.

With a median target price of $23.00, the current consensus forecast for the stock is $20.00 – $27.00. Based on these forecasts, analysts predict Hertz Global Holdings Inc. (HTZ) will achieve an average price target of $23.00.


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