Media coverage about Hertz Global (NYSE:HTZ) has trended somewhat positive on Sunday, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hertz Global earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 47.256824353742 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern’s scoring:
- $2.62 Billion in Sales Expected for Hertz Global Holdings, Inc (HTZ) This Quarter (americanbankingnews.com)
- Overview of Different Indicators: Hertz Global Holdings, Inc. (NYSE:HTZ), Yandex NV (NASDAQ:YNDX), Pitney Bowes … (journalfinance.net)
- Cues to Identify Price Direction: Hertz Global Holdings, Inc., (NYSE: HTZ) (stocksnewspro.com)
- Topgolf Puts Hertz in Drive as Official Rental Car Partner (prnewswire.com)
- Notable Sizzling Stock Alert – Hertz Global Holdings, Inc., (NYSE: HTZ) (nysenewstoday.com)
HTZ has been the subject of a number of research reports. ValuEngine upgraded shares of Hertz Global from a “hold” rating to a “buy” rating in a research note on Thursday, June 7th. Zacks Investment Research upgraded shares of Hertz Global from a “sell” rating to a “hold” rating in a research note on Friday. Finally, Morgan Stanley raised their target price on shares of Hertz Global from $13.00 to $15.00 and gave the stock an “underweight” rating in a research note on Tuesday, June 26th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $16.50.
Shares of Hertz Global remained flat at $$19.50 during mid-day trading on Friday, according to Marketbeat.com. 3,164,945 shares of the stock were exchanged, compared to its average volume of 5,122,808. Hertz Global has a one year low of $13.40 and a one year high of $27.27. The company has a current ratio of 1.16, a quick ratio of 1.57 and a debt-to-equity ratio of 16.24. The firm has a market cap of $1.64 billion, a PE ratio of -12.26 and a beta of 0.06.
Hertz Global (NYSE:HTZ) last issued its quarterly earnings data on Monday, August 6th. The transportation company reported ($0.19) earnings per share for the quarter, topping the consensus estimate of ($0.25) by $0.06. Hertz Global had a net margin of 4.87% and a negative return on equity of 8.10%. The business had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.31 billion. During the same quarter in the previous year, the company earned ($0.63) EPS. The business’s revenue was up 7.4% on a year-over-year basis. equities analysts anticipate that Hertz Global will post -1.19 EPS for the current fiscal year.
About Hertz Global
The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc, operates the Hertz, Dollar and Thrifty vehicle rental brands in approximately 9,700 corporate and franchisee locations throughout North America, Europe, The Caribbean, Latin America, Africa, the Middle East, Asia, Australia, and New Zealand.
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