Hertz Global Holdings, Inc (NYSE:HTZ) fell -7.66% during previous trade. Credit Suisse issued rating on the stock of Hertz Global Holdings, Inc (NYSE:HTZ) in a research note issued to investors on Feb-17-17, the stock received “Downgrade” rating from Neutral to Underperform. Additionally Morgan Stanley issued their verdict on the stock of the company, on record date of Nov-15-16 the stock was “Downgraded” from Overweight to Equal-Weight besides that on Nov-08-16 Hertz Global Holdings, Inc (NYSE:HTZ) was “Downgraded” by Northcoast from Buy to Neutral. Furthermore on Nov-08-16 the stock was “Downgraded” by Deutsche Bank from Buy to Hold from $59 to $24.
Hertz Global Holdings, Inc (NYSE:HTZ) shares ended last trading session at the price of $20 whereas a number of traders indicating mean target price will hit $30.86 over the next twelve months, mean value of price target most recently revised on 01/03/17. Hertz Global Holdings, Inc (NYSE:HTZ)’s highest estimates of price target are $38 and low forecast is $24 based on the opinion of 7 analysts. The price target estimates represents a standard deviation of 14.74. However brokerage recommendations suggests an ABR of 3.00 based on calls of 4 experts, where 0 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 4 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.
Hertz Global Holdings, Inc (NYSE:HTZ) is expected to release the earnings of its current quarter on 2/27/17After Market Close. The company is expected to release $-0.44 EPS for current quarter according to 8 analysts whereas the company reported $0.05 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $-0.54 and high estimate of $-0.33. For the current year Hertz Global Holdings, Inc (NYSE:HTZ) has set to release EPS of $0.73 as per the sentiments of 8 analysts, however according to 9 analysts, the company expected to release $1.99 EPS for next year.
Hertz Global Holdings, Inc (NYSE:HTZ)’s average revenue estimates for the current quarter are $2.04B according to 6 number of analysts. However its lowest revenue estimates are $2.02B and highest revenue estimates are $2.07B. A year ago the company’s sales were $2.41B. Its yearly sales growth estimates are -15.60%. For the next quarter the company has anticipated average revenues of $2.02B, according to the sentiments of 4 analysts. For the current year the company has fixed $8.87B revenues, as per the opinion of 8 analysts. For the current year the company has low revenue estimates of $8.8B in contradiction of high revenue estimates of $9.15B. Whereas for the next year revenues are set at $8.99B by 8 analysts.
The stock exchanged hands 5.48M shares versus average trading capacity of 2.02M shares, while its shares’ total market worth is $1.80B along with 82.97M outstanding shares. Hertz Global Holdings, Inc (NYSE:HTZ) shares were trading -62.36% below from the 52-week high price mark of $53.14 and +16.28% above from the 52-week price bottom of $17.20. However the company observed 52 week high price on 07/27/16 and witnessed 52 week low price on 11/08/16. The company’s price sits -8.93% below from its 50-day moving average of $21.41 and -43.05% away from the stock’s 200-day moving average which is $32.90. Hertz Global Holdings, Inc (NYSE:HTZ)’s price to sales ratio for trailing twelve month stands at 0.18, whereas its price to book ratio for most recent quarter sits at 1.07. However the company’s price to cash per share for most recent quarter stands at 1.16.