Hertz Global Holdings, Inc. (HTZ)
| Market Cap | 1.50B |
| Revenue (ttm) | 9.40B |
| Net Income (ttm) | 234.00M |
| Shares Out | 305.81M |
| EPS (ttm) | -0.43 |
| PE Ratio | n/a |
| Forward PE | 6.70 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,825,565 |
| Open | 4.830 |
| Previous Close | 4.840 |
| Day's Range | 4.800 - 4.990 |
| 52-Week Range | 4.350 - 19.360 |
| Beta | 2.16 |
| Analysts | Sell |
| Price Target | 6.83 (+39.1%) |
| Earnings Date | Apr 25, 2024 |
About HTZ
Hertz Global Holdings, Inc. operates as a vehicle rental company. The company operates through two segments, Americas Rental Car and International Rental Car. It offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-operated, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. The company sells vehicles and value-added services. Hertz Global Holdings, Inc. was founded in 1918 and is headquartered in Est... [Read more]
Financial Performance
In 2023, HTZ's revenue was $9.37 billion, an increase of 7.90% compared to the previous year's $8.69 billion. Earnings were $616.00 million, a decrease of -70.08%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for HTZ stock is "Sell." The 12-month stock price forecast is $6.83, which is an increase of 39.10% from the latest price.
News
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hertz Global Holdings, Inc. - HTZ
NEW YORK , May 6, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Hertz Global Holdings, Inc. ("Hertz" or the "Company") (NASDAQ: HTZ). Such investors are advised ...
How interest in electric vehicles has stalled over the last 3 years, in one chart
The promised American switch to electric vehicles from gas-engine cars is hitting speed bumps, and a new survey offers fresh indications of that slowdown.
Hertz's stock is having an awful week, and BofA adds to investors' misery
Shares of Hertz Global Holdings Inc. continued their dive Friday toward yet another record low, after BofA Securities added to the rental-car company's woes by recommending investors sell.
Hertz says it lost another $195M from EV bet
Hertz Global reported higher-than-expected quarterly losses on Thursday, which sent shares down by more than 24%. The company's total losses were $588 million.
Hertz Stock Plunges 19% as It Continues to Lose Money on Ill-Fated Tesla EV Plan
Hertz Global Holdings (HTZ) shares cratered after the rental car giant said it will incur an additional $195 million cost from its unsuccessful effort to switch over to electric vehicles (EVs), leadin...
Here's why the Hertz and Avis Budget stocks are tumbling
Avis Budget Group (NASDAQ: CAR) and Hertz (NYSE: HTZ) stock prices tumbled on Thursday as investors focused on the latter's financial results. Hertz crashed by over 17%, bringing the year-to-date loss...
Hertz Global eyes worst day on record as EV rental business falters
Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on record on Thursday after the company reported a wider-than-expected quarterly loss, highlighting its ...
Hertz's Losses on Tesla EVs Bite Into Earnings
The rental car company's big push into EVs has proved to be a big problem.
Hertz boosts number of EVs it plans to sell by 50% and reports a much wider-than-expected loss
Shares of Hertz Global Holdings Inc. HTZ, +6.23% slumped 4.3% in premarket trading Thursday, after the rental-car company reported a much wider-than-expected loss, and increased the number of electric...
HERTZ REPORTS FIRST QUARTER 2024 RESULTS
"Fleet and direct operating costs weighed on this quarter's performance," said Gil West, Hertz chief executive officer. "We're tackling both issues - getting to the right supply of vehicles at an acce...
Hertz and Tesla don't mix
Here's how Hertz's bet on Tesla's went horribly sideways. Erik Schatzker explains.
Hertz Global Holdings, Inc. to Announce First Quarter 2024 Financial Results on April 25th
ESTERO, Fla. , April 8, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the "Company") announced today that it plans to report its first quarter 2024 financial results at approximatel...
Eclipse Fever Sweeps the U.S.. Delta, Hertz, and Airbnb Are Among the Stocks Set to Benefit.
The first total solar eclipse to pass over the U.S. in seven years is happening Monday. With the next one taking place in 2044, brands are rushing to benefit from consumer spending associated with the...
Hertz Downgraded, Block Downgraded, Paramount Upgraded on Potential Merger | Top Calls
Top calls today are Hertz Downgraded, Block Downgraded on Limited Upside, Paramount Upgraded on Potential Merger.
Hertz's Doomed Bet on 100,000 Teslas
Two finance veterans who bought the bankrupt car rental company Hertz went all-in on providing a fleet of electric vehicles. They had a plan to swap Hertz's gas-powered rental-cars for EVs, which incl...
Hertz's stock is ‘in the parking lot' for these analysts
Hertz Global Holdings Inc. has “little room for vroom,” with profit growth curbed by rising expenses related to its rental-car fleet and the still-reverberating effects of its bankruptcy a few years a...
Hertz CEO Stephen Scherr resigns after big bet on EVs goes bust
Scherr's resignation comes as the car rental company struggles with the higher repair costs and low demand for EV rentals.
Jim Cramer shares view on Hertz stock after new CEO
Famed investor Jim Cramer took a dovish tone on Hertz Global Holdings Inc (NASDAQ: HTZ) today after it named Gil West its new chief executive officer. Cramer on $HTZ: ‘it's a defeat' West has most rec...
Cramer's Mad Dash: Hertz
CNBC's Jim Cramer delivers his daily Mad Dash.
Hertz CEO Departs Following EV Troubles
Hertz's CEO is stepping down following the company's major shift on the electric vehicle front. Stephen Scherr, who joined the rental car giant in 2022, has announced his resignation, Hertz said Frida...
Hertz appoints Gil West as CEO
Rental car firm Hertz said on Friday it has appointed Gil West as its chief executive officer, effective April 1.
Hertz swaps out its CEO as it looks to revitalize business after failed EV push
Hertz Global Holdings Inc.'s chief executive is leaving after just over two years, to be replaced by a Delta Airlines Inc. and General Motors Co. veteran.
Hertz CEO to Step Down as Electric Vehicle Bet Unwinds
Hertz Global Holdings is replacing its CEO in the wake of a disastrous bet on electric vehicles that the company began unwinding in recent months, according to people familiar with the matter. David W...
Hertz Global CEO Scherr to Step Down After EV Reversal
Chief Executive Stephen Scherr would step down on March 31 to be succeeded by Gil West, a former executive at Delta Airlines and General Motors' Cruise unit, effective April 1, the company said.
Hertz Announces Appointment of Gil West as Chief Executive Officer as Stephen Scherr Steps Down as CEO of the Company
Transportation veteran to focus on operationally-driven revenue and EBITDA growth ESTERO, Fla. , March 15, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ), a leading global rental car c...