Hertz Global Holdings Inc

Company Profile

Hertz Global Holdings Inc had its IPO on 2021-07-01 under the ticker symbol HTZ.

The company operates in the Industrials sector and Rental & Leasing Services industry. Hertz Global Holdings Inc has a staff strength of 25,000 employees.

Stock update

Shares of Hertz Global Holdings Inc opened at $16.18 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $15.75 - $16.24, and closed at $15.78.

This is a -2.89% slip from the previous day's closing price.

A total volume of 2,150,072 shares were traded at the close of the day’s session.

In the last one week, shares of Hertz Global Holdings Inc have slipped by -8.1%.

Hertz Global Holdings Inc's Key Ratios

Hertz Global Holdings Inc has a market cap of $5.34 billion, indicating a price to book ratio of 1.9377 and a price to sales ratio of 0.6167.

In the last 12-months Hertz Global Holdings Inc’s revenue was $9.02 billion with a gross profit of $3.18 billion and an EBITDA of $1.55 billion. The EBITDA ratio measures Hertz Global Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Hertz Global Holdings Inc’s operating margin was 15.62% while its return on assets stood at 3.65% with a return of equity of 36.93%.

In Q2, Hertz Global Holdings Inc’s quarterly earnings growth was a negative -61.1% while revenue growth was a positive 4%.

Hertz Global Holdings Inc’s PE and PEG Ratio

Forward PE

7.1023

Trailing PE

6.868

PEG

Its diluted EPS in the last 12-months stands at $2.5 per share while it has a forward price to earnings multiple of 7.1023 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Hertz Global Holdings Inc’s profitability.

Hertz Global Holdings Inc stock is trading at a EV to sales ratio of 2.2068 and a EV to EBITDA ratio of 5.917. Its price to sales ratio in the trailing 12-months stood at 0.6167.

Hertz Global Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$26.10 billion

Total Liabilities

$2.64 billion

Operating Cash Flow

$-2237000000.00

Capital Expenditure

$3.80 billion

Dividend Payout Ratio

0%

Hertz Global Holdings Inc ended 2024 with $26.10 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $26.10 billion while shareholder equity stood at $2.84 billion.

Hertz Global Holdings Inc ended 2024 with $1.19 billion in deferred long-term liabilities, $2.64 billion in other current liabilities, 5000000.00 in common stock, $79.00 million in retained earnings and $1.04 billion in goodwill. Its cash balance stood at $682.00 million and cash and short-term investments were $682.00 million. The company’s total short-term debt was $500,000,000 while long-term debt stood at $16.07 billion.

Hertz Global Holdings Inc’s total current assets stands at $3.49 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.29 billion compared to accounts payable of $935.00 million and inventory worth $484.00 million.

In 2024, Hertz Global Holdings Inc's operating cash flow was $-2237000000.00 while its capital expenditure stood at $3.80 billion.

Comparatively, Hertz Global Holdings Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$15.78

52-Week High

$20.48

52-Week Low

$14.49

Analyst Target Price

$22.2

Hertz Global Holdings Inc stock is currently trading at $15.78 per share. It touched a 52-week high of $20.48 and a 52-week low of $20.48. Analysts tracking the stock have a 12-month average target price of $22.2.

Its 50-day moving average was $17.35 and 200-day moving average was $16.9 The short ratio stood at 5.18 indicating a short percent outstanding of 0%.

Around 48.1% of the company’s stock are held by insiders while 10282.5% are held by institutions.