Hertz Global Holdings Inc (NASDAQ:HTZ) currently has a daily average trading volume of 19.05M but it saw 6256220 shares traded in last market. With a market cap of 2.07B USD, the company’s current market price of $6.70 came falling about -4.83 while comparing to the previous closing price of $7.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.39 and as low as $2.47.
BofA Securities also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $9 and $3.
Over the week, HTZ’s stock price is moving 7.20% up while it is -8.84% when we observe its performance for the past one month. Year-to-date it is 83.06% up and over the past year, the stock is showing an upside performance of 40.17%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.41 while estimate for next year EPS is -1.54. In next quarter, company is expected to be making quarterly sales of $2.51B as analysts are expecting the sales for current fiscal year at $8.5B and seeing the company making $8.71B in sales next year. Moreover, analysts are in estimates of $2.18B for current-quarter revenue.
Currently, Hertz Global Holdings Inc’s total number of outstanding shares is 307.98M with 2.12% of that held by the insiders while 103.59% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -17.99% and return on equity (ROE) at -244.63%. Stock’s beta reads 2.23. Stock has a price to sale or P/S ratio amounts to 0.24. Its return on asset (ROA) is -13.46% on average.
