|Bid||16.26 x 800|
|Ask||16.79 x 4000|
|Day's Range||16.25 - 16.86|
|52 Week Range||13.01 - 22.70|
|Beta (3Y Monthly)||2.20|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 6, 2019 - May 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||22.88|
The companies offering equipment financing and leasing, logistics and supply chain management services to transporters are likely to perform well in the near future
ZTO Express' (ZTO) Q4 benefits from higher revenues at its express delivery services unit. However, rising operating expenses affect bottom-line growth.
Stocks that moved substantially or traded heavily on Tuesday: Target Corp., up $3.33 to $76 Strong online sales and customer traffic growth pushed Target beyond most expectations in the crucial fourth ...
Hertz Stock Plunges as Carl Icahn Discloses Stake CutCarl Ichan cuts stake in HertzCarl Icahn, one of the most influential activist investors, reported yesterday that his fund has cut its stake in Hertz Global Holdings (HTZ). As reported by CNBC,
Carl Icahn this morning disclosed that he sold about 5 million Hertz shares on Monday, after people familiar with the matter told Bloomberg that Morgan Stanley was lining up buyers to unload a total of 5 million shares. Although Icahn still holds more than 24 million Hertz shares, a trader said the sale could be interpreted as a reduced likelihood that the rental car company finds a buyer. The activist investor’s stake in Hertz, more than 30 percent of shares outstanding, helped fuel unconfirmed M&A speculation.
A Securities and Exchange Commission filing revealed that High River Limited Partnership, one of Icahn's investment firms, sold 1 million shares of Hertz, while Icahn Partners LP sold approximately 2.52 million shares and Icahn Partners Master Fund LP sold roughly 1.48 million shares - all on Monday, March 4. The move comes almost two years to the week after the billionaire investor more than doubled his investment in the then-troubled car-rental company.
Icahn has overseen the introduction of two Hertz chief executive officers since his initial investment and has successfully won board seats. Hertz Global Holdings HTZ stock plummeted Tuesday after longtime activist investor Carl Icahn disclosed he has trimmed his stake, selling off roughly five million shares. Hertz shares tumbled 12 percent Tuesday morning following news of Icahn's move.
Longtime activist investor Carl Icahn disclosed in a regulatory filing late Monday that he has trimmed his stake in Hertz Global Holdings.
Hertz Global Holdings Inc NYSE:HTZView full report here! Summary * Bearish sentiment is high and has been increasing Bearish sentimentShort interest | NegativeShort interest is high for HTZ with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting HTZ. Sentiment has worsened and traders added to their bearish short positions on February 28. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold HTZ had net inflows of $613 million over the last one-month. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Brokers decide to rate a company's stock after conducting a thorough research. Hence, when a broker upgrades a stock, one can easily rely on it.
The Zacks Analyst Blog Highlights: Expeditors International of Washington, Hertz Global, REV and Herc
Deutsche downgrading Delta & American to "hold" from "buy" Bernstein downgrading L Brands to "market-perform" from "outperform" Barclays upgrading L Brands to "overweight" from "equal weight" Barclays upgrading Hertz to "equal weight" from "underweight" J.
Public car rental giants have spent the last couple years trying to get their houses in order. No small task, but it appears they have mostly done so. Now, if they can manage to avoid the overconfidence that tanked their attempted comeback in 2018, the focus will be on projects that fully bring the sector […] The post Avis and Hertz Chart Their Futures After Yet Another Comeback appeared first on Skift.
Substantial surge in manufactured goods, massive tax hauls and business friendly policies of the government is anticipated to fuel the transportation sector's growth.