Hertz Global Holdings Stock Today

HTZ Stock  USD 3.88  0.22  6.01%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 32

 
High
 
Low
Below Average
Hertz Global is trading at 3.88 as of the 21st of November 2024; that is 6.01 percent increase since the beginning of the trading day. The stock's open price was 3.66. Hertz Global has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Hertz Global Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Transportation
IPO Date
1st of July 2021
Category
Industrials
Hertz Global Holdings, Inc. operates as a vehicle rental company. Hertz Global Holdings, Inc. was founded in 1918 and is headquartered in Estero, Florida. Hertz Global operates under Rental Leasing Services classification in the United States and is traded on NASDAQ Exchange. The company has 306.69 M outstanding shares of which 43.04 M shares are currently shorted by investors with about 10.24 days to cover. More on Hertz Global Holdings

Moving together with Hertz Stock

  0.69AL Air LeasePairCorr
  0.76CAR Avis Budget GroupPairCorr

Hertz Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorWayne West
Thematic Ideas
(View all Themes)
Old NameHertz Global Holdings Inc
Business ConcentrationPassenger Ground Transportation, Rental & Leasing Services, Industrials, SP Small-Cap 600, NASDAQ Composite, Rentals, Personal Services, Industrials, Ground Transportation, Rental & Leasing Services, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.480.3809
Significantly Up
Slightly volatile
Net Debt14.1 B17.1 B
Significantly Down
Very volatile
Total Current Liabilities666 M701 M
Notably Down
Slightly volatile
Non Current Liabilities Total17.2 B20.8 B
Significantly Down
Slightly volatile
Total Assets20.9 B24.6 B
Fairly Down
Slightly volatile
Total Current Assets3.9 B2.4 B
Way Up
Pretty Stable
Total Cash From Operating ActivitiesB2.5 B
Significantly Down
Pretty Stable
Debt Levels
Hertz Global can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hertz Global's financial leverage. It provides some insight into what part of Hertz Global's total assets is financed by creditors.
Liquidity
Hertz Global Holdings has 17.83 B in debt with debt to equity (D/E) ratio of 5.3, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Hertz Global Holdings has a current ratio of 1.8, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Hertz to invest in growth at high rates of return.

Capital Expenditures

8.42 Billion
Hertz Global Holdings (HTZ) is traded on NASDAQ Exchange in USA. It is located in 8501 Williams Road, Estero, FL, United States, 33928 and employs 27,000 people. Hertz Global is listed under Passenger Ground Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.12 B. Hertz Global Holdings runs under Ground Transportation sector within Industrials industry. The entity has 306.69 M outstanding shares of which 43.04 M shares are currently shorted by investors with about 10.24 days to cover. Hertz Global Holdings has about 1.15 B in cash with 2.47 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.45.
Check Hertz Global Probability Of Bankruptcy
Ownership Allocation
Hertz Global Holdings has a total of 306.69 Million outstanding shares. The majority of Hertz Global Holdings outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Hertz Global to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Hertz Global Holdings. Please pay attention to any change in the institutional holdings of Hertz Global Holdings as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Hertz Ownership Details

Hertz Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-06-30
3.2 M
Squarepoint Ops Llc2024-06-30
3.1 M
Dimensional Fund Advisors, Inc.2024-09-30
2.9 M
Ubs Group Ag2024-06-30
2.3 M
Charles Schwab Investment Management Inc2024-09-30
M
American Century Companies Inc2024-09-30
1.9 M
Ameriprise Financial Inc2024-06-30
1.9 M
Dg Capital Management, Llc2024-09-30
1.8 M
Bank Of America Corp2024-06-30
1.6 M
Knighthead Capital Management, Llc2024-06-30
181.5 M
Blackrock Inc2024-06-30
20.5 M
View Hertz Global Diagnostics

Hertz Global Historical Income Statement

At this time, Hertz Global's Gross Profit is fairly stable compared to the past year. EBIT is likely to rise to about 1.1 B in 2024, whereas Total Revenue is likely to drop slightly above 9 B in 2024. View More Fundamentals

Hertz Stock Against Markets

Hertz Global Corporate Directors

Vincent IntrieriIndependent DirectorProfile
Kevin SheehanIndependent DirectorProfile
Daniel NinivaggiIndependent DirectorProfile
SungHwan ChoIndependent DirectorProfile

Additional Tools for Hertz Stock Analysis

When running Hertz Global's price analysis, check to measure Hertz Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hertz Global is operating at the current time. Most of Hertz Global's value examination focuses on studying past and present price action to predict the probability of Hertz Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hertz Global's price. Additionally, you may evaluate how the addition of Hertz Global to your portfolios can decrease your overall portfolio volatility.