Hertz Global Holdings Inc. [NYSE: HTZ] slipped around -0.02 points on Monday, while shares priced at $1.06 at the close of the session, down -1.85%.
Hertz Global Holdings Inc. stock is now -93.27% down from its year-to-date (YTD) trading value. HTZ Stock saw the intraday high of $1.08 and lowest of $1.03 per share. The company’s 52-week high price is 20.85, which means current price is +165.00% above from all time high which was touched on 02/20/20.
Compared to the average trading volume of 10.68M shares, HTZ reached a trading volume of 5626849 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Hertz Global Holdings Inc. [HTZ]?
Barclays have made an estimate for Hertz Global Holdings Inc. shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on April 27, 2020. The new note on the price target was released on April 23, 2020, representing the official price target for Hertz Global Holdings Inc. stock.
The Average True Range (ATR) for Hertz Global Holdings Inc. is set at 0.09, with the Price to Sales ratio for HTZ stock in the period of the last 12 months amounting to 0.02. The Price to Book ratio for the last quarter was 0.27, with the Price to Cash per share for the same quarter was set at 8.59. Price to Free Cash Flow for HTZ in the course of the last twelve months was 0.07.
How has HTZ stock performed recently?
Hertz Global Holdings Inc. [HTZ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.11. With this latest performance, HTZ shares dropped by -24.82% in over the last four-week period, additionally sinking by -79.30% over the last 6 months – not to mention a drop of -91.48% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HTZ stock in for the last two-week period is set at 20.66, with the RSI for the last a single of trading hit 13.94, and the three-weeks RSI is set at 32.52 for Hertz Global Holdings Inc. [HTZ]. The present Moving Average for the last 50 days of trading for this stock 1.4020, while it was recorded at 1.0960 for the last single week of trading, and 6.3044 for the last 200 days.
Hertz Global Holdings Inc. [HTZ]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Hertz Global Holdings Inc. [HTZ] shares currently have an operating margin of +7.76 and a Gross Margin at +17.67. Hertz Global Holdings Inc.’s Net Margin is presently recorded at -0.59.
Return on Total Capital for HTZ is now 3.97, given the latest momentum, and Return on Invested Capital for the company is -0.35. Return on Equity for this stock declined to -4.10, with Return on Assets sitting at -0.25. When it comes to the capital structure of this company, Hertz Global Holdings Inc. [HTZ] has a Total Debt to Total Equity ratio set at 1,070.49. Additionally, HTZ Total Debt to Total Capital is recorded at 91.46, with Total Debt to Total Assets ending up at 76.90. Long-Term Debt to Equity for the company is recorded at 904.75, with the Long-Term Debt to Total Capital now at 77.30.
Reflecting on the efficiency of the workforce at the company, Hertz Global Holdings Inc. [HTZ] managed to generate an average of -$1,526 per employee. Receivables Turnover for the company is 5.71 with a Total Asset Turnover recorded at a value of 0.43.
Earnings analysis for Hertz Global Holdings Inc. [HTZ]
With the latest financial reports released by the company, Hertz Global Holdings Inc. posted 1.6/share EPS, while the average EPS was predicted by analysts to be reported at 1.48/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 8.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HTZ.
Insider trade positions for Hertz Global Holdings Inc. [HTZ]
There are presently around $40 million, or 24.60% of HTZ stock, in the hands of institutional investors. The top three institutional holders of HTZ stocks are: BLACKROCK INC. with ownership of 5,647,853, which is approximately -23.273% of the company’s market cap and around 0.40% of the total institutional ownership; DIMENSIONAL FUND ADVISORS LP, holding 4,747,870 shares of the stock with an approximate value of $5.03 million in HTZ stocks shares; and VANGUARD GROUP INC, currently with $4.91 million in HTZ stock with ownership of nearly -49.488% of the company’s market capitalization.
Positions in Hertz Global Holdings Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 56 institutional holders increased their position in Hertz Global Holdings Inc. [NYSE:HTZ] by around 6,156,820 shares. Additionally, 125 investors decreased positions by around 118,851,319 shares, while 10 investors held positions by with 87,446,255 shares. The mentioned changes placed institutional holdings at 37,561,884 shares, according to the latest SEC report filing. HTZ stock had 32 new institutional investments in for a total of 3,415,850 shares, while 66 institutional investors sold positions of 79,487,365 shares during the same period.