Press coverage about Hertz Global (NYSE:HTZ) has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by reviewing more than 6,000 news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hertz Global earned a coverage optimism score of 0.63 on their scale. InfoTrie also gave headlines about the transportation company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have effected Hertz Global’s ranking:
- Hertz Global +6% after EBITDA tops estimates (seekingalpha.com)
- Hertz Vaults on Q3 Numbers (baystreet.ca)
- Hertz stock jumps as company’s earnings beat revives turnaround hopes (finance.yahoo.com)
- Hertz Global Holdings, Inc. (HTZ) Q3 2018 Earnings Conference Call Transcript (fool.com)
- Hertz Global (HTZ) Announces Earnings Results, Beats Estimates By $0.37 EPS (americanbankingnews.com)
Shares of HTZ stock opened at $19.41 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 16.24. Hertz Global has a 1 year low of $13.01 and a 1 year high of $25.14. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of -12.21 and a beta of 0.89.
Hertz Global (NYSE:HTZ) last announced its quarterly earnings results on Thursday, November 8th. The transportation company reported $2.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.78 by $0.36. Hertz Global had a negative return on equity of 8.10% and a net margin of 4.87%. The company had revenue of $2.76 billion during the quarter, compared to analyst estimates of $2.68 billion. During the same quarter in the previous year, the firm posted $1.42 EPS. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. Equities analysts expect that Hertz Global will post -0.9 EPS for the current year.
A number of research analysts have issued reports on the company. ValuEngine upgraded Hertz Global from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Investment Research upgraded Hertz Global from a “sell” rating to a “hold” rating in a research report on Friday, August 10th. TheStreet upgraded Hertz Global from a “d” rating to a “c-” rating in a research report on Friday, August 24th. Barclays boosted their price target on Hertz Global from $11.00 to $13.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 22nd. Finally, Goldman Sachs Group set a $13.00 price target on Hertz Global and gave the stock a “sell” rating in a research report on Tuesday, October 16th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. Hertz Global has an average rating of “Hold” and an average target price of $14.00.
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About Hertz Global
The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc, operates the Hertz, Dollar and Thrifty vehicle rental brands in approximately 9,700 corporate and franchisee locations throughout North America, Europe, The Caribbean, Latin America, Africa, the Middle East, Asia, Australia, and New Zealand.
Further Reading: How to Calculate Compound Annual Growth Rate (CAGR)
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