Hertz Global Holdings (HTZ) Getting Somewhat Positive News Coverage, Report Shows

Press coverage about Hertz Global Holdings (NYSE:HTZ) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hertz Global Holdings earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave press coverage about the transportation company an impact score of 44.4967606936605 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:

A number of brokerages have recently issued reports on HTZ. Morgan Stanley lowered shares of Hertz Global Holdings from an “equal weight” rating to an “underweight” rating and upped their target price for the company from $12.00 to $14.00 in a research note on Thursday. Goldman Sachs Group, Inc. (The) restated a “sell” rating on shares of Hertz Global Holdings in a research note on Thursday, September 7th. ValuEngine upgraded shares of Hertz Global Holdings from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. BidaskClub lowered shares of Hertz Global Holdings from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 22nd. Finally, MKM Partners restated a “buy” rating and issued a $22.00 target price on shares of Hertz Global Holdings in a research note on Thursday, August 10th. Six analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. Hertz Global Holdings presently has an average rating of “Hold” and a consensus target price of $16.86.

Hertz Global Holdings (HTZ) traded down 1.91% on Friday, reaching $20.57. 11,110,987 shares of the company’s stock traded hands. The stock’s market capitalization is $1.72 billion. Hertz Global Holdings has a 52-week low of $17.20 and a 52-week high of $49.86. The firm’s 50-day moving average is $22.53 and its 200 day moving average is $22.61.

Hertz Global Holdings (NYSE:HTZ) last announced its quarterly earnings results on Tuesday, August 8th. The transportation company reported ($0.63) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.51). Hertz Global Holdings had a negative net margin of 8.96% and a negative return on equity of 10.27%. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same period in the prior year, the business earned $0.41 earnings per share. The company’s revenue for the quarter was down 2.0% on a year-over-year basis. Analysts forecast that Hertz Global Holdings will post ($1.52) EPS for the current year.

In related news, SVP Robin Kramer sold 3,524 shares of Hertz Global Holdings stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $21.53, for a total transaction of $75,871.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.33% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was first posted by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://sportsperspectives.com/2017/09/17/hertz-global-holdings-htz-getting-somewhat-positive-news-coverage-report-shows.html.

Hertz Global Holdings Company Profile

Herc Holdings Inc, formerly Hertz Global Holdings, Inc, is a holding company. The Company is engaged principally in the business of renting and leasing of cars through its Hertz, Dollar, Thrifty and Firefly brands, and equipment through its Hertz Equipment Rental brand. It operates through four segments: U.S.

Insider Buying and Selling by Quarter for Hertz Global Holdings (NYSE:HTZ)

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