The price-to-earnings ratio for Hertz Global Holdings Inc. (NASDAQ: HTZ) is above average at 3.42x. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The average price estimated by analysts for HTZ is $22.80, which is $9.02 above than the current price. The public float for HTZ is 314.68M, and at present, short sellers hold a 6.09% of that float. The average trading volume of HTZ on May 26, 2023 was 3.75M shares.
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HTZ) stock’s latest price update
Hertz Global Holdings Inc. (NASDAQ: HTZ) has seen a rise in its stock price by 1.01 in relation to its previous close of 15.82. However, the company has experienced a -2.32% decline in its stock price over the last five trading sessions. The Wall Street Journal reported on 03/27/23 that Hertz Finance Chief Kenny Cheung to Step Down
HTZ’s Market Performance
Hertz Global Holdings Inc. (HTZ) has seen a -2.32% fall in stock performance for the week, with a 5.48% gain in the past month and a -13.85% plunge in the past quarter. The volatility ratio for the week is 3.06%, and the volatility levels for the past 30 days are at 3.33% for HTZ. The simple moving average for the past 20 days is -0.81% for HTZ’s stock, with a -7.33% simple moving average for the past 200 days.
HTZ Trading at 0.84% from the 50-Day Moving Average
After a stumble in the market that brought HTZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.85% of loss for the given period.
Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 3.06%, as shares sank -0.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.13% lower at present.
During the last 5 trading sessions, HTZ fell by -2.32%, which changed the moving average for the period of 200-days by -26.36% in comparison to the 20-day moving average, which settled at $16.11. In addition, Hertz Global Holdings Inc. saw 3.83% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HTZ starting from Leef Eric, who sale 1,946 shares at the price of $16.23 back on May 08. After this action, Leef Eric now owns 55,723 shares of Hertz Global Holdings Inc., valued at $31,584 using the latest closing price.
Leef Eric, the EVP, Chief HR Officer of Hertz Global Holdings Inc., sale 4,034 shares at $19.31 during a trade that took place back on Feb 09, which means that Leef Eric is holding 40,809 shares at $77,897 based on the most recent closing price.
Stock Fundamentals for HTZ
Current profitability levels for the company are sitting at:
- +23.89 for the present operating margin
- +34.93 for the gross margin
The net margin for Hertz Global Holdings Inc. stands at +23.71. The total capital return value is set at 12.31, while invested capital returns managed to touch 12.22. Equity return is now at value 67.10, with 8.10 for asset returns.
Based on Hertz Global Holdings Inc. (HTZ), the company’s capital structure generated 592.25 points at debt to equity in total, while total debt to capital is 85.55. Total debt to assets is 69.63, with long-term debt to equity ratio resting at 592.25. Finally, the long-term debt to capital ratio is 85.55.
When we switch over and look at the enterprise to sales, we see a ratio of 1.85, with the company’s debt to enterprise value settled at 0.77. The receivables turnover for the company is 10.03 and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.04.
Conclusion
In summary, Hertz Global Holdings Inc. (HTZ) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
