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Hertz Global Holdings, Inc. (HTZ)


NYSE - Nasdaq Real Time Price. Currency in USD
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10.5754-0.25 (-2.35%)
As of 1:49PM EDT. Market open.
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CARHRIURIHLFVRX
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Previous Close10.8300
Open10.5700
Bid10.6200 x 1100
Ask10.6300 x 800
Day's Range10.4050 - 10.9400
52 Week Range8.5200 - 53.1400
Volume9,692,948
Avg. Volume6,402,709
Market Cap885.29M
Beta2.23
PE Ratio (TTM)-1.33
EPS (TTM)N/A
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
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    Yesterday, shares of Avis Budget Group (CAR) and Hertz Global Holdings (HTZ) got a big bump from reports that they had teamed up with tech giants--Alphabet (GOOGL) for the former, Apple (AAPL) for the latter--in their autonomous driving efforts. MKM's Christopher Agnew contends that Avis Budget's deal with Waymo and Hertz's with Apple suggest that rental car companies have the "opportunity to become more, not less, relevant in an autonomous vehicle world" despite the fact that " a good portion of investors view the probability that car rental companies do not exist in 5-10 years is high." They explain: A widely held view among investors is that the car rental industry business model will be fundamentally challenged with the arrival of autonomous vehicles (AV).