Herc (NYSE:HRI) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Herc Holdings Inc. (NYSE:HRI) crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $139.38 and traded as high as $158.20. Herc shares last traded at $156.01, with a volume of 2,039,481 shares.

Trending Headlines about Herc

Here are the key news stories impacting Herc this week:

• Positive Sentiment: Strong Q3 earnings beat: Herc reported adjusted earnings of $3.91 per share, well above the $2.92 analyst consensus, while revenue reached $1.36 billion versus expectations of $1.35 billion. Revenue grew 4.6% year over year, helping drive the sharp upward move in the stock. Herc Shares Gap Up on Strong Earnings
• Positive Sentiment: Improved full-year outlook: Management updated its 2026 earnings guidance, and coverage characterized the outlook as stronger following the quarterly results. The combination of an earnings beat and raised outlook has improved investor confidence in operating momentum. Herc Holdings jumps as earnings beat estimates, outlook rises
• Positive Sentiment: Analysts raised targets: Robert W. Baird increased its target to $240 and kept an “outperform” rating. JPMorgan raised its target to $230 with an “overweight” rating, while Citigroup lifted its target to $180 and assigned a “buy” rating. These revisions signal greater confidence in Herc’s earnings potential. Baird recommendations
• Positive Sentiment: Technical momentum: The stock moved above its 200-day moving average, a development that may attract momentum-oriented investors and reinforce the bullish reaction to the earnings report. Herc Shares Break Above 200 Day Moving Average
• Neutral Sentiment: Herc will participate in the Baird 2026 Global Industrial Conference on November 10. The event could provide additional information on demand, fleet utilization and guidance, but it does not immediately change financial results. Herc to Participate in the Baird 2026 Global Industrial Conference
• Negative Sentiment: Leverage remains a risk: Coverage noted Herc’s elevated leverage, while the company’s debt-to-equity ratio is 4.22. This could limit financial flexibility and make the stock more sensitive to interest rates or any slowdown in equipment-rental demand. Herc Holdings Stock Jumps on Q3 Earnings Beat as Leverage Lingers

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on HRI shares. Barclays raised their price objective on shares of Herc from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday. Zacks Research raised shares of Herc from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 14th. Wells Fargo & Company boosted their target price on shares of Herc from $176.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday. KeyCorp increased their target price on Herc from $165.00 to $185.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Finally, Robert W. Baird raised their price target on Herc from $220.00 to $240.00 and gave the company an “outperform” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $201.57.

Herc Stock Up 4.4%

The business’s fifty day moving average price is $139.10 and its 200 day moving average price is $139.36. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 4.22. The firm has a market capitalization of $5.80 billion, a PE ratio of 118.07 and a beta of 2.04.

Herc (NYSE:HRI) last released its earnings results on Tuesday, October 27th. The transportation company reported $3.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.92 by $0.99. Herc had a return on equity of 10.33% and a net margin of 1.01%. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the previous year, the company posted $2.22 earnings per share. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. On average, equities research analysts forecast that Herc Holdings Inc. will post 7.30 earnings per share for the current fiscal year.

Herc Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd were given a dividend of $0.70 per share. The ex-dividend date was Wednesday, September 2nd. This represents a $2.80 annualized dividend and a yield of 1.6%. Herc’s payout ratio is presently 190.48%.

Hedge Funds Weigh In On Herc

A number of large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its holdings in Herc by 17.1% during the first quarter. Dimensional Fund Advisors LP now owns 1,164,022 shares of the transportation company’s stock worth $115,872,000 after purchasing an additional 170,189 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Herc by 13.4% during the 1st quarter. First Trust Advisors LP now owns 873,338 shares of the transportation company’s stock valued at $86,941,000 after acquiring an additional 103,047 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Herc in the 2nd quarter valued at $86,054,000. Bank of America Corp DE grew its position in Herc by 147.8% during the first quarter. Bank of America Corp DE now owns 235,320 shares of the transportation company’s stock valued at $23,426,000 after acquiring an additional 140,355 shares during the period. Finally, Cooper Creek Partners Management LLC purchased a new position in Herc in the first quarter valued at approximately $21,866,000. Hedge funds and other institutional investors own 93.11% of the company’s stock.

Herc Company Profile

Herc Holdings Inc, operating primarily through the Herc Rentals brand, is an equipment rental supplier serving construction, industrial, commercial and government customers. The company provides access to equipment and related services intended to help customers complete projects without purchasing and maintaining their own fleets.

Its rental fleet includes aerial work platforms, earthmoving equipment, material-handling equipment, trucks and trailers, power generation and climate-control equipment, pumps, and general tools.