Hertz Global Holdings, Inc (NYSE:HTZ)‘s stock had its “neutral” rating reissued by stock analysts at Northcoast Research in a report issued on Monday.

HTZ has been the subject of a number of other reports. Zacks Investment Research downgraded Hertz Global Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Deutsche Bank AG reiterated a “hold” rating and issued a $18.00 target price (up from $14.00) on shares of Hertz Global Holdings in a report on Friday, October 6th. ValuEngine upgraded Hertz Global Holdings from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. BidaskClub upgraded Hertz Global Holdings from a “hold” rating to a “buy” rating in a report on Monday, July 31st. Finally, Barclays PLC downgraded Hertz Global Holdings from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $17.34 to $9.00 in a report on Monday, July 31st. Five analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Hertz Global Holdings presently has an average rating of “Hold” and a consensus target price of $17.43.

Hertz Global Holdings (HTZ) opened at $17.89 on Monday. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 18.38. Hertz Global Holdings has a 12 month low of $8.52 and a 12 month high of $27.70.

Hertz Global Holdings (NYSE:HTZ) last posted its quarterly earnings data on Thursday, November 9th. The transportation company reported $1.42 EPS for the quarter, topping the Zacks’ consensus estimate of $1.33 by $0.09. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.58 billion. Hertz Global Holdings had a negative return on equity of 14.05% and a negative net margin of 8.35%. The firm’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.58 earnings per share. sell-side analysts predict that Hertz Global Holdings will post -1.11 EPS for the current year.

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In other news, SVP Robin Kramer sold 3,524 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $21.53, for a total transaction of $75,871.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.33% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HTZ. Dimensional Fund Advisors LP increased its holdings in shares of Hertz Global Holdings by 120.2% during the second quarter. Dimensional Fund Advisors LP now owns 5,178,066 shares of the transportation company’s stock valued at $59,548,000 after acquiring an additional 2,826,922 shares in the last quarter. Gamco Investors INC. ET AL increased its holdings in shares of Hertz Global Holdings by 44.3% during the second quarter. Gamco Investors INC. ET AL now owns 4,887,703 shares of the transportation company’s stock valued at $56,209,000 after acquiring an additional 1,501,599 shares in the last quarter. Formula Growth Ltd. increased its holdings in shares of Hertz Global Holdings by 550.9% during the second quarter. Formula Growth Ltd. now owns 1,627,293 shares of the transportation company’s stock valued at $18,714,000 after acquiring an additional 1,377,293 shares in the last quarter. Glenview Capital Management LLC increased its holdings in shares of Hertz Global Holdings by 30.9% during the second quarter. Glenview Capital Management LLC now owns 5,714,904 shares of the transportation company’s stock valued at $65,721,000 after acquiring an additional 1,350,000 shares in the last quarter. Finally, OZ Management LP bought a new stake in shares of Hertz Global Holdings during the second quarter valued at approximately $15,397,000.

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.

Analyst Recommendations for Hertz Global Holdings (NYSE:HTZ)

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