Somewhat Positive News Coverage Somewhat Unlikely to Affect Hertz Global Holdings (HTZ) Stock Price

News articles about Hertz Global Holdings (NYSE:HTZ) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hertz Global Holdings earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave news headlines about the transportation company an impact score of 45.3074347887651 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Hertz Global Holdings (HTZ) opened at 26.8172 on Wednesday. Hertz Global Holdings has a 12 month low of $17.20 and a 12 month high of $36.17. The company’s market cap is $2.25 billion. The firm has a 50-day moving average price of $23.43 and a 200 day moving average price of $23.43.

Hertz Global Holdings (NYSE:HTZ) last released its quarterly earnings data on Tuesday, August 8th. The transportation company reported ($0.63) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.51). Hertz Global Holdings had a negative net margin of 8.96% and a negative return on equity of 10.27%. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same period last year, the business earned $0.41 EPS. The company’s revenue was down 2.0% compared to the same quarter last year. On average, equities analysts expect that Hertz Global Holdings will post ($1.45) earnings per share for the current year.

Several brokerages recently commented on HTZ. Zacks Investment Research raised Hertz Global Holdings from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Deutsche Bank AG reaffirmed a “hold” rating and issued a $18.00 price target (up previously from $14.00) on shares of Hertz Global Holdings in a research note on Friday, October 6th. Morgan Stanley lowered Hertz Global Holdings from an “equal weight” rating to an “underweight” rating and boosted their price target for the company from $12.00 to $14.00 in a research note on Thursday, September 14th. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating on shares of Hertz Global Holdings in a research note on Thursday, September 7th. Finally, ValuEngine raised Hertz Global Holdings from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $17.43.

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In related news, SVP Robin Kramer sold 3,524 shares of the firm’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $21.53, for a total transaction of $75,871.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.33% of the stock is owned by company insiders.

About Hertz Global Holdings

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.

HTZ) opened at 26.8172 on Wednesday. Hertz Global Holdings has a 12 month low of $17.20 and a 12 month high of $36.17. The company’s market cap is $2.25 billion. The firm has a 50-day moving average price of $23.43 and a 200 day moving average price of $23.43.

Hertz Global Holdings (NYSE:HTZ) last released its quarterly earnings data on Tuesday, August 8th. The transportation company reported ($0.63) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.51). Hertz Global Holdings had a negative net margin of 8.96% and a negative return on equity of 10.27%. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same period last year, the business earned $0.41 EPS. The company’s revenue was down 2.0% compared to the same quarter last year. On average, equities analysts expect that Hertz Global Holdings will post ($1.45) earnings per share for the current year.

Several brokerages recently commented on HTZ. Zacks Investment Research raised Hertz Global Holdings from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Deutsche Bank AG reaffirmed a “hold” rating and issued a $18.00 price target (up previously from $14.00) on shares of Hertz Global Holdings in a research note on Friday, October 6th. Morgan Stanley lowered Hertz Global Holdings from an “equal weight” rating to an “underweight” rating and boosted their price target for the company from $12.00 to $14.00 in a research note on Thursday, September 14th. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating on shares of Hertz Global Holdings in a research note on Thursday, September 7th. Finally, ValuEngine raised Hertz Global Holdings from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $17.43.

ILLEGAL ACTIVITY WARNING: This story was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this story on another site, it was illegally copied and reposted in violation of U.S. & international copyright law. The correct version of this story can be read at https://ledgergazette.com/2017/10/11/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-hertz-global-holdings-htz-stock-price.html.

In related news, SVP Robin Kramer sold 3,524 shares of the firm’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $21.53, for a total transaction of $75,871.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.33% of the stock is owned by company insiders.

About Hertz Global Holdings

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.

Insider Buying and Selling by Quarter for Hertz Global Holdings (NYSE:HTZ)

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