In the last three months, 8 analysts have published ratings on Hertz Global Holdings HTZ, offering a diverse range of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 0 | 4 | 2 | 2 |
Last 30D | 0 | 0 | 0 | 1 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 2 | 1 | 1 |
3M Ago | 0 | 0 | 2 | 0 | 1 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $5.69, with a high estimate of $9.00 and a low estimate of $2.50. A negative shift in sentiment is evident as analysts have decreased the average price target by 30.1%.
Understanding Analyst Ratings: A Comprehensive Breakdown
The perception of Hertz Global Holdings by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
John Babcock | B of A Securities | Lowers | Underperform | $2.50 | $3.00 |
Christopher Stathoulopoulos | Susquehanna | Lowers | Neutral | $5.00 | $10.00 |
Lizzie Dove | Goldman Sachs | Lowers | Sell | $4.00 | $7.00 |
John Babcock | B of A Securities | Lowers | Underperform | $3.00 | $9.00 |
Chris Woronka | Deutsche Bank | Lowers | Hold | $6.00 | $10.00 |
Adam Jonas | Morgan Stanley | Lowers | Equal-Weight | $9.00 | $10.00 |
Lizzie Dove | Goldman Sachs | Lowers | Sell | $7.00 | $8.00 |
John Babcock | B of A Securities | Announces | Neutral | $9.00 | - |
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: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Hertz Global Holdings compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Hertz Global Holdings's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Hertz Global Holdings's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
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Delving into Hertz Global Holdings's Background
Hertz Global Holdings Inc is engaged in the vehicle rental and leasing business and 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 other services. Its operating segments and organized are based on the products and services provided and the geographic areas as :Americas RAC -which derives maximum revenue, includes Rental of vehicles, as well as sales of value-added services, in the U.S., Canada, Latin America and the Caribbean; and International RAC - Rental of vehicles, as well as sales of value-added services, in locations other than the U.S., Canada, Latin America and the Caribbean.
Hertz Global Holdings: Financial Performance Dissected
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Hertz Global Holdings's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.61% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Hertz Global Holdings's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -8.94%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Hertz Global Holdings's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -6.3%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Hertz Global Holdings's ROA excels beyond industry benchmarks, reaching -0.76%. This signifies efficient management of assets and strong financial health.
Debt Management: Hertz Global Holdings's debt-to-equity ratio is notably higher than the industry average. With a ratio of 6.35, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
The Basics of Analyst Ratings
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
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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