Herc Price To Sales Ratio vs Net Income Per Share Analysis
HRI Stock | USD 222.92 5.16 2.37% |
Herc Holdings financial indicator trend analysis is much more than just examining Herc Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Herc Holdings is a good investment. Please check the relationship between Herc Holdings Price To Sales Ratio and its Net Income Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herc Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.
Price To Sales Ratio vs Net Income Per Share
Price To Sales Ratio vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Herc Holdings Price To Sales Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Herc Holdings' Price To Sales Ratio and Net Income Per Share is -0.41. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Herc Holdings, assuming nothing else is changed. The correlation between historical values of Herc Holdings' Price To Sales Ratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Herc Holdings are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Price To Sales Ratio i.e., Herc Holdings' Price To Sales Ratio and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Herc Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Herc Holdings sales, a figure that is much harder to manipulate than other Herc Holdings multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Net Income Per Share
Most indicators from Herc Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Herc Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herc Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.The Herc Holdings' current Tax Provision is estimated to increase to about 125 M, while Selling General Administrative is projected to decrease to under 396.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 379.9M | 558.9M | 663M | 629.9M | Other Operating Expenses | 1.7B | 2.2B | 2.6B | 2.5B |
Herc Holdings fundamental ratios Correlations
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Herc Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Herc Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 3.6B | 4.5B | 6.0B | 7.1B | 6.7B | |
Total Current Liabilities | 323.1M | 328M | 529.9M | 604M | 508M | 482.6M | |
Total Stockholder Equity | 644.3M | 742M | 976.9M | 1.1B | 1.3B | 1.2B | |
Property Plant And Equipment Net | 3.0B | 2.8B | 3.4B | 4.4B | 5.0B | 4.7B | |
Net Debt | 2.4B | 2.0B | 2.4B | 3.6B | 4.4B | 4.6B | |
Retained Earnings | (351.2M) | (277.5M) | (53.4M) | 224.1M | 498M | 522.9M | |
Accounts Payable | 126.5M | 125.8M | 280.6M | 318.3M | 212M | 201.4M | |
Non Current Assets Total | 3.4B | 3.2B | 4.0B | 5.3B | 6.3B | 6.0B | |
Other Assets | 2.5B | 2.5B | 2.7B | 34.1M | 30.7M | 29.2M | |
Net Receivables | 306.7M | 301.2M | 388.1M | 522.5M | 563M | 534.9M | |
Good Will | 385.1M | 396.4M | 231.5M | 418.7M | 483M | 458.9M | |
Common Stock Shares Outstanding | 29.1M | 29.4M | 30.4M | 30.2M | 28.7M | 27.3M | |
Liabilities And Stockholders Equity | 3.8B | 3.6B | 4.5B | 6.0B | 7.1B | 6.7B | |
Non Current Liabilities Total | 2.8B | 2.5B | 3.0B | 4.2B | 5.3B | 5.0B | |
Other Stockholder Equity | 1.1B | 1.1B | 1.1B | 1.0B | 893M | 848.4M | |
Total Liab | 3.2B | 2.8B | 3.5B | 4.8B | 5.8B | 5.5B | |
Total Current Assets | 399.7M | 367.1M | 469.7M | 643.5M | 732M | 695.4M | |
Accumulated Other Comprehensive Income | (109.7M) | (107M) | (100.2M) | (128.5M) | (118M) | (112.1M) | |
Intangible Assets | 291.5M | 295.9M | 388.7M | 431.4M | 467M | 443.7M | |
Other Current Liab | 124.4M | 128.8M | 158.5M | 175.1M | 91M | 129.8M | |
Net Tangible Assets | 259.2M | 345.6M | 356.7M | 258.6M | 297.4M | 312.3M | |
Non Currrent Assets Other | 23.1M | 18.2M | 13.1M | 34.1M | 418M | 438.9M | |
Long Term Debt | 2.1B | 1.6B | 1.9B | 2.9B | 3.7B | 3.9B | |
Retained Earnings Total Equity | (351.2M) | (277.5M) | (53.4M) | 224.1M | 257.7M | 270.6M | |
Capital Surpluse | 1.8B | 1.8B | 1.8B | 1.8B | 1.6B | 1.9B | |
Deferred Long Term Liab | 576.9M | 474M | 536.8M | 646.5M | 581.9M | 1.0B | |
Property Plant And Equipment Gross | 3.0B | 2.8B | 3.4B | 4.4B | 7.3B | 7.7B | |
Short Term Debt | 60.9M | 44.3M | 53.9M | 58M | 56M | 53.2M | |
Property Plant Equipment | 311.8M | 2.3B | 2.7B | 3.5B | 4.0B | 4.2B | |
Short Long Term Debt Total | 2.4B | 2.0B | 2.5B | 3.6B | 4.5B | 2.5B | |
Current Deferred Revenue | 11.3M | 13.5M | 13.7M | 19.4M | 121M | 127.1M | |
Other Current Assets | 60M | 32.9M | 46.5M | 67.5M | 98M | 57.1M | |
Other Liab | 498.3M | 518.3M | 568.9M | 686.7M | 789.7M | 583.8M |
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When determining whether Herc Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Herc Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Herc Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Herc Holdings Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herc Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Herc Holdings. If investors know Herc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Herc Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.081 | Dividend Share 2.628 | Earnings Share 12.22 | Revenue Per Share 121.337 | Quarterly Revenue Growth 0.063 |
The market value of Herc Holdings is measured differently than its book value, which is the value of Herc that is recorded on the company's balance sheet. Investors also form their own opinion of Herc Holdings' value that differs from its market value or its book value, called intrinsic value, which is Herc Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Herc Holdings' market value can be influenced by many factors that don't directly affect Herc Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Herc Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Herc Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Herc Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.