The stock of Hertz Global Holdings Inc (NASDAQ: HTZ) has decreased by -0.73 when compared to last closing price of 4.18. Despite this, the company has experienced a 2.58% gain in its stock price over the last five trading sessions. 247wallst.com reported 2025-02-21 that [00:00:04] Doug McIntyre: Hertz made an interesting decision two or three years ago that they were going to buy several tens of thousands of Teslas on the theory that Americans would adopt EVs fast.
Is It Worth Investing in Hertz Global Holdings Inc (NASDAQ: HTZ) Right Now?
The 36-month beta value for HTZ is at 2.46. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for HTZ is 137.16M, and currently, shorts hold a 29.69% of that float. The average trading volume for HTZ on February 24, 2025 was 4.74M shares.
HTZ’s Market Performance
HTZ’s stock has seen a 2.58% increase for the week, with a 0.96% rise in the past month and a 3.74% gain in the past quarter. The volatility ratio for the week is 8.24%, and the volatility levels for the past 30 days are at 6.71% for Hertz Global Holdings Inc The simple moving average for the last 20 days is -2.62% for HTZ stock, with a simple moving average of 9.42% for the last 200 days.
Analysts’ Opinion of HTZ
Barclays, on the other hand, stated in their research note that they expect to see HTZ reach a price target of $3. The rating they have provided for HTZ stocks is “Underweight” according to the report published on September 19th, 2024.
BofA Securities gave a rating of “Underperform” to HTZ, setting the target price at $3 in the report published on April 26th of the previous year.
HTZ Trading at 3.46% 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 -49.43% of loss for the given period.
Volatility was left at 6.71%, however, over the last 30 days, the volatility rate increased by 8.24%, as shares sank -0.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.62% lower at present.
During the last 5 trading sessions, HTZ rose by +2.97%, which changed the moving average for the period of 200-days by -19.13% in comparison to the 20-day moving average, which settled at $4.26. In addition, Hertz Global Holdings Inc saw 13.37% 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 proposed sale 4,034 shares at the price of $4.51 back on Dec 03 ’24. After this action, Leef Eric now owns shares of Hertz Global Holdings Inc, valued at $18,193 using the latest closing price.
Leef Eric, the EVP, Chief HR Officer of Hertz Global Holdings Inc, sale 4,034 shares at $4.51 during a trade that took place back on Dec 03 ’24, which means that Leef Eric is holding 321,830 shares at $18,193 based on the most recent closing price.
Stock Fundamentals for HTZ
Current profitability levels for the company are sitting at:
- -0.12 for the present operating margin
- -0.03 for the gross margin
The net margin for Hertz Global Holdings Inc stands at -0.32. The total capital return value is set at -0.05. Equity return is now at value -176.39, with -12.33 for asset returns.
Based on Hertz Global Holdings Inc (HTZ), the company’s capital structure generated 0.99 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 106.76. The interest coverage ratio of the stock is -1.12.
Currently, EBITDA for the company is 1.84 billion with net debt to EBITDA at 8.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.82. The receivables turnover for the company is 7.51for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.
Conclusion
In conclusion, Hertz Global Holdings Inc (HTZ) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
