|Bid||19.43 x 800|
|Ask||19.66 x 1800|
|Day's Range||19.46 - 19.79|
|52 Week Range||11.24 - 19.79|
|Beta (5Y Monthly)||2.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 23, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||20.13|
On Thursday, Hertz Global received a positive adjustment to its Relative Strength (RS) Rating, from 74 to 82. Hertz Global, which operates the Hertz, Dollar and Thrifty brand auto rental businesses, showed -25% EPS growth last quarter, while sales growth came in at 3%. Hertz Global earns the No. 18 rank among its peers in the Leisure-Services industry group.
Avis Budget Group Inc. named a new independent chairman of the board, and got a $15 million stock investment to boot. The car rental company said Bernardo Hees will be the new chairman, succeeded Leonard Coleman will continue as a board member. Previously, Hees has been chief executive of Kraft Heinz Co. , Restaurant Brands International Inc.'s Burger King Worldwide Holdings Inc. and America Latina Logistica over the past 15 years. Hees is investing $15 million in Avis's stock at Friday's closing price of $34.87, "to align his interests with those of all shareholders." The investment represents about 0.6% of the shares outstanding. Avis stock, which was still inactive in premarket trading, has rallied 13.4% over the past three months, while rival Hertz Global Holdings Inc. shares have edged up 1.0% and the S&P 500 has gained 7.6%.
Old Dominion's (ODFL) decision to hike the quarterly dividend payout is encouraging. However, the deterioration in fourth-quarter 2019 operating ratio is concerning.
Fleet transition efforts drive SkyWest's (SKYW) Q4 results. However, revenues decline year over year due to the sale of ExpressJet Airlines.
Canadian National's (CNI) fourth-quarter 2019 results hurt by the eight-day rail strike. The below-par freight scenario also negatively impacts the quarterly performance.
Analysts at Gimme Credit recommend bonds issued by companies in unloved sectors, such as materials, industrials, energy, consumer goods, and gaming.
Today Hertz announced a new campaign that recognizes the people who helped make Hertz 1 in customer satisfaction by J.D. Power. To kick off the effort, Hertz partnered with American football running back, Jerome "The Bus" Bettis to celebrate customers with special experiences at the Big Game. One lucky Hertz Gold Plus Rewards member will win a grand prize* of a Hertz helicopter tour of the host city and chauffeured car service to the stadium. Plus, 100 customers (50 winners plus guest) will ride in style to and from the Big Game* in a decked-out Hertz bus. To broaden the celebration, Hertz is offering $300 Hertz certificates to winners who engage with the brand on Instagram.
The permit comes less than three weeks after it struck its first-ever permit to operate at a U.S. airport, albeit at a smaller regional airport district.
Hertz Global Holdings, Inc. (NYSE: HTZ) announced today that it plans to report its fourth quarter 2019 financial results after market close on Monday, February 24 and will host its accompanying webcast and conference call to discuss such results on Tuesday, February 25 at 8:30 a.m. ET.
While it may not be enough for some shareholders, we think it is good to see the Hertz Global Holdings, Inc...
Hertz (NYSE: HTZ), one of the most iconic car rental brands, has earned several accolades from top influencers in the travel industry throughout 2019.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Car rental companies are quickly expanding into a variety of different services, from package delivery to ridehailing, as the rise of startups like Uber and Lyft increases competition. So far, for Hertz, these new endeavors are paying off. The car rental company posted solid results for the third quarter of 2019, building on its revenue […]