|Bid||0.00 x 1000|
|Ask||0.00 x 3000|
|Day's Range||19.18 - 19.91|
|52 Week Range||8.66 - 27.27|
|PE Ratio (TTM)||4.64|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||20.86|
Multiple headwinds like high costs and slow progress of Hertz Global's (HTZ) turnaround plan are responsible for the stock's decline.
On Thursday, June 14, 2018, the NASDAQ Composite and the S&P 500 edged 0.85% and 0.25% higher, respectively at the closing bell, while the Dow Jones Industrial Average stayed bearish, finishing marginally lower by 0.10%. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following Rental & Leasing Services equities this morning: Aaron's Inc. (NYSE: AAN), Air Lease Corp. (NYSE: AL), Avis Budget Group Inc. (NASDAQ: CAR), and Hertz Global Holdings Inc. (NYSE: HTZ).
ESTERO, Fla., June 14, 2018 /PRNewswire/ -- Hertz (HTZ), one of the world's most iconic and recognized car rental brands, and AAA, North America's largest motoring and leisure travel organization, are celebrating a major milestone this year—the 40th anniversary of their partnership. "As AAA's longest-tenured partner, Hertz shares the association's commitment to providing our members with exceptional value and service," said AAA President and CEO Marshall L. Doney. The relationship began in 1978, when AAA began providing members enhanced value when renting with Hertz at the airport.
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.
-- Hertz customers can now rent three new Maserati models in Italy - Quattroporte, Ghibli and Levante -- Throughout June, the high-end vehicles are only available for rent in Italy with Hertz LONDON , ...
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.
Anindita "Ann" Mukherjee Joins Board of Directors ESTERO, Fla. , May 22, 2018 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) today announced that its stockholders approved all proposals ...
BUFFALO, N.Y. , May 17, 2018 /PRNewswire/ -- Paladino, Cavan, Quinlivan & Pierce is investigating Hertz Global Holdings, Inc. ("Hertz") (NYSE: HTZ) for possible breaches of contract, tortious ...
This morning, WallStEquities.com observes Avis Budget Group Inc. (NASDAQ: CAR), Hertz Global Holdings Inc. (NYSE: HTZ), Rent-A-Center Inc. (NASDAQ: RCII), and United Rentals Inc. (NYSE: URI). Parsippany, New Jersey headquartered Avis Budget Group Inc.'s stock finished Thursday's session 2.84% higher at $43.06 with a total trading volume of 1.90 million shares.
Hertz Gold Plus Rewards named best car rental loyalty program worldwide for seventh consecutive year ESTERO, Fla. , May 10, 2018 /PRNewswire/ -- The Hertz Gold Plus Rewards loyalty program received top ...
Hertz celebrates 100 year anniversary with complimentary "Go Anywhere" 4G internet connection and exclusive services via Hertz Connect portable device for qualifying rentals LONDON , May 9, 2018 ...
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 ...
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.