Headlines about Hertz Global (NYSE:HTZ) have trended somewhat negative recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hertz Global earned a news impact score of -0.01 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 46.7393418780202 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s rankings:
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Hertz Global Holdings, Inc (HTZ) CFO Thomas C. Kennedy Buys 15,000 Shares (americanbankingnews.com) Northcoast Research Weighs in on Hertz Global Holdings, Inc’s Q2 2018 Earnings (HTZ) (americanbankingnews.com) Hertz Global Target of Unusually High Options Trading (HTZ) (americanbankingnews.com) Edited Transcript of HTZ earnings conference call or presentation 8-May-18 12:00pm GMT (finance.yahoo.com) Hertz Sweeps 2018 FlyerTalk Awards (finance.yahoo.com)
Several equities research analysts have issued reports on HTZ shares. Zacks Investment Research upgraded Hertz Global from a “sell” rating to a “hold” rating in a research report on Wednesday, January 17th. Macquarie upgraded Hertz Global from a “neutral” rating to an “outperform” rating in a research report on Thursday, January 18th. Goldman Sachs dropped their target price on Hertz Global from $15.00 to $13.00 and set a “sell” rating on the stock in a research report on Thursday, February 15th. Finally, ValuEngine downgraded Hertz Global from a “hold” rating to a “sell” rating in a research report on Thursday, February 15th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $15.71.
Shares of HTZ stock opened at $17.68 on Monday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 14.77. Hertz Global has a 52-week low of $8.52 and a 52-week high of $27.27. The firm has a market capitalization of $1.49 billion, a P/E ratio of -11.12 and a beta of 0.42.
Hertz Global (NYSE:HTZ) last issued its quarterly earnings data on Monday, May 7th. The transportation company reported ($1.58) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($1.26) by ($0.32). Hertz Global had a negative return on equity of 12.06% and a net margin of 3.90%. The business had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $1.97 billion. During the same quarter last year, the business posted ($1.61) EPS. The company’s quarterly revenue was up 7.7% on a year-over-year basis. analysts predict that Hertz Global will post -1.06 EPS for the current year.
In other Hertz Global news, CFO Thomas C. Kennedy acquired 15,000 shares of the stock in a transaction that occurred on Thursday, May 10th. The shares were bought at an average price of $17.22 per share, for a total transaction of $258,300.00. Following the completion of the transaction, the chief financial officer now owns 55,376 shares of the company’s stock, valued at approximately $953,574.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Robin Kramer sold 5,450 shares of the stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $19.67, for a total value of $107,201.50. Following the completion of the sale, the senior vice president now owns 5,459 shares in the company, valued at approximately $107,378.53. The disclosure for this sale can be found here. Company insiders own 0.56% of the company’s stock.
Hertz Global Company Profile
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.