In the latest quarter, 7 analysts provided ratings for Hertz Global Holdings HTZ, showcasing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 2 | 5 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 2 | 3 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts have recently evaluated Hertz Global Holdings and provided 12-month price targets. The average target is $11.14, accompanied by a high estimate of $15.00 and a low estimate of $8.00. A decline of 27.33% from the prior average price target is evident in the current average.
Decoding Analyst Ratings: A Detailed Look
A comprehensive examination of how financial experts perceive Hertz Global Holdings is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Adam Jonas | Morgan Stanley | Lowers | Equal-Weight | $10.00 | $15.00 |
| Chris Woronka | Deutsche Bank | Lowers | Hold | $9.00 | $16.00 |
| Ryan Brinkman | JP Morgan | Lowers | Neutral | $11.00 | $17.00 |
| Stephanie Moore | Jefferies | Lowers | Hold | $8.00 | $12.00 |
| Adam Jonas | Morgan Stanley | Lowers | Overweight | $15.00 | $16.00 |
| Adam Jonas | Morgan Stanley | Lowers | Overweight | $15.00 | $16.00 |
| Lizzie Dove | Goldman Sachs | Announces | Neutral | $10.00 | - |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Hertz Global Holdings. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Hertz Global Holdings compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Hertz Global Holdings's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Hertz Global Holdings's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Hertz Global Holdings analyst ratings.
Discovering Hertz Global Holdings: A Closer Look
Hertz Global Holdings Inc operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services. The company operates a network of car rental locations and licenses its brands to associates and franchisees.
Hertz Global Holdings's Economic Impact: An Analysis
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Challenges: Hertz Global Holdings's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -19.2%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Hertz Global Holdings's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -15.93%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Hertz Global Holdings's ROE stands out, surpassing industry averages. With an impressive ROE of -10.74%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Hertz Global Holdings's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -1.39% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Hertz Global Holdings's debt-to-equity ratio is notably higher than the industry average. With a ratio of 5.77, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
The Basics of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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