Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Hertz Global (HTZ) Share Price
News coverage about Hertz Global (NYSE:HTZ) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hertz Global earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned press coverage about the transportation company an impact score of 46.1626653683863 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Varying Stocks: Hertz Global Holdings, Inc., (NYSE: HTZ), Yum! Brands, Inc., (NYSE: YUM), Banco Santander (Brasil … – Stocks In The News (press release) (tradingnewsnow.com)
- Hertz Global Holdings, Inc. (HTZ) Stock Recap | Wallstreet Morning – Wall Street Morning (wallstreetmorning.com)
- Hertz Global Holdings, Inc. (HTZ) Stock Recap – Wall Street Morning (wallstreetmorning.com)
- Analysis: Positioning to Benefit within Hertz Global, Cinedigm, Nektar Therapeutics, Akorn, Autodesk, and NextEra Energy Partners, LP — Research Highlights Growth, Revenue, and Consolidated Results (finance.yahoo.com)
Hertz Global (NYSE:HTZ) opened at $19.70 on Thursday. The company has a debt-to-equity ratio of 18.38, a current ratio of 1.77 and a quick ratio of 1.77. Hertz Global has a 1-year low of $8.52 and a 1-year high of $27.27.
Hertz Global (NYSE:HTZ) last issued its quarterly earnings results on Thursday, November 9th. The transportation company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.09. Hertz Global had a negative net margin of 8.35% and a negative return on equity of 14.05%. The business had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.58 billion. During the same quarter in the previous year, the firm earned $1.58 earnings per share. The company’s revenue for the quarter was up 1.2% on a year-over-year basis. equities analysts forecast that Hertz Global will post -1.39 earnings per share for the current year.
A number of equities analysts recently issued reports on HTZ shares. Morgan Stanley dropped their price objective on shares of Hertz Global from $14.00 to $13.00 and set an “underweight” rating on the stock in a report on Wednesday, November 15th. Zacks Investment Research raised shares of Hertz Global from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a report on Tuesday, October 17th. Deutsche Bank set a $14.00 price objective on shares of Hertz Global and gave the stock a “hold” rating in a report on Wednesday, August 9th. ValuEngine raised shares of Hertz Global from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Finally, BidaskClub downgraded shares of Hertz Global from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 22nd. Five equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $17.29.
In other Hertz Global news, SVP Robin Kramer sold 3,524 shares of Hertz Global stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $21.53, for a total transaction of $75,871.72. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.33% of the stock is owned by insiders.
About Hertz Global
Herc Holdings Inc, formerly Hertz Global Holdings, Inc, is a holding company. The Company is engaged principally in the business of renting and leasing of cars through its Hertz, Dollar, Thrifty and Firefly brands, and equipment through its Hertz Equipment Rental brand. It operates through four segments: U.S.
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