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Hertz Global Holdings (HTZ) Catches Eye: Stock Jumps 6.5%

Zacks Equity Research

Hertz Global Holdings, Inc. HTZ was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $20.93 –$24.60 in the past one-month time frame, witnessed a sharp increase yesterday.

The stock gained after the company received an upgrade from the analysts at Macquarie Research.

The company has seen no estimate revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Hertz Global Holdings currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.  

Hertz Global Holdings, Inc Price

Hertz Global Holdings, Inc Price | Hertz Global Holdings, Inc Quote

A better-ranked stock in the Transportation - Services industry is Expeditors International of Washington, Inc. EXPD, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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