|Bid||17.51 x 900|
|Ask||19.00 x 4000|
|Day's Range||17.53 - 18.35|
|52 Week Range||8.52 - 27.27|
|PE Ratio (TTM)||4.20|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Let's check out the Yahoo Finance charts of the day. SeaWorld Entertainment (SEAS): Shares are up in early trade, around 13.9%. The theme park operator posted a quarterly loss of 73 cents per share, 5 cents a share smaller than anticipated. Attendance increased by 14 percent compared to a year earlier. Comcast (CMCSA): Shares down here, around 2.4%. The NBCUniversal and CNBC parent is preparing for a possible all-cash bid for 21st Century Fox's entertainment assets, according to sources. Fox has an agreement to place to sell those assets to Walt Disney for $52.4 billion in stock. Hertz Global (HTZ): Shares down here, around 8.6%. The car rental company's revenue beat forecasts, but said 'it had work to do'. Hertz lost $1.58 per share for its latest quarter, wider than the $1.26 per share loss that analysts were anticipating. For more on today's big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.
Car-rental companies’ profitability can hinge on the value of the vehicles in their fleet, some of which they sell in the used market or at auctions after they’ve finished with them. “With rising fuel costs breathing fresh air into this segment, subcompact and compact cars are finally retaining value again,” Ivan Drury, senior manager of industry analysis at Edmunds said in the release. After one precipitous drop in a used-vehicle price index in March 2017, Hertz shares lost one fifth of their value in a week as warning signs mounted.
Lyft drivers using a new rental car partnership in Tampa have earned more than $1.4 million through the company’s Express Drive program, the company announced Wednesday. The programs allows Lyft drivers to uses discounted rental vehicles to transport passengers. Lyft launched the program to provide driving opportunities to people who either don’t own a car, own a car that doesn’t meet Lyft’s requirements or don’t want to add wear and tear to their personal vehicles.
Stocks that moved substantially or traded heavily Tuesday: Citigroup Inc., up $2.50 to $71 The Wall Street Journal reported that activist investment firm ValueAct Capital bought $1.2 billion in Citigroup ...
Hertz Global Holdings Inc (NYSE:HTZ) had an underwhelming quarter that saw shares slide after the bell Monday. The company’s losses before income taxes for the period was $231 million, better than the $294 million from the year-ago period. Net less for Hertz was $202 million during its first quarter, or $2.43 per share, which was narrower than the $223 million it lost during the year-ago quarter, or $2.69 per diluted share.
Hertz Global Holdings Inc. is still in the repair shop and might be there for a while. After a year on the job, Chief Executive Officer Kathryn Marinello reduced Hertz’s first-quarter loss slightly to $1.58 a share, but the result was still about 30 cents worse than analysts’ average estimate. “We still have work to do, reflecting the significant opportunities in front of us, as we position our business for sustainable, long-term growth,” Marinello said in a statement.
On a per-share basis, the Estero, Florida-based company said it had a loss of $2.43. Losses, adjusted for non-recurring costs, were $1.58 per share. The results did not meet Wall Street expectations. The ...
Shares of Hertz Global Holdings Inc. dropped more than 9% late Monday after the car-rental company reported a wider-than-expected first-quarter loss. Hertz said it lost $202 million, or $2.43 a share, in the quarter, compared with a net loss of $223 million, or $2.69 a share, in the first quarter 2017.
Hertz Global Holdings, Inc. ( HTZ) is a global vehicle rental company that concentrates on airport services. The company operates under the brand names Hertz, Dollar and Thrifty. The auto rental company is due to release results after the close on Monday, May 7.
The gun-control debate has put some business executives in an awkward position. According to Bloomberg, some customers have threatened to cancel their $99-a-year Prime subscription to force Amazon (AMZN) CEO Jeff Bezos to pick a side in the hot gun-control debate. Amazon sells neither guns nor gun accessories, but some activities have pressed the company to publicly state whether it is for or against firearms control.
This firm's shrinking cash flows can’t cover its debt burden, its accounting is confusing and possibly unreliable, its industry faces technological disruption, and its valuation assumes implausibly high profit growth.
Over the last month, growth of ETFs holding HTZ is favorable, with net inflows of $5.03 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.