HertzHTZ
Market Cap: $831M
About: Hertz Global Holdings Inc is engaged in the vehicle rental and leasing business and operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and other services. Its operating segments and organized are based on the products and services provided and the geographic areas as :Americas RAC -which derives maximum revenue, includes Rental of vehicles, as well as sales of value-added services, in the U.S., Canada, Latin America and the Caribbean; and International RAC - Rental of vehicles, as well as sales of value-added services, in locations other than the U.S., Canada, Latin America and the Caribbean.
Employees: 27,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
36% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 70
26.6% more ownership
Funds ownership: 72.05% [Q1] → 98.64% (+26.6%) [Q2]
1% more funds holding
Funds holding: 263 [Q1] → 266 (+3) [Q2]
5% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 59
28% less call options, than puts
Call options by funds: $26M | Put options by funds: $36.1M
40% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 3 (-2) [Q2]
56% less capital invested
Capital invested by funds: $2.4B [Q1] → $1.06B (-$1.33B) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Morgan Stanley Adam Jonas 49% 1-year accuracy 30 / 61 met price target | 158%upside $7 | Equal-Weight Maintained | 6 Aug 2024 |
Susquehanna Christopher Stathoulopoulos 65% 1-year accuracy 17 / 26 met price target | 48%upside $4 | Neutral Maintained | 6 Aug 2024 |
JP Morgan Ryan Brinkman 41% 1-year accuracy 14 / 34 met price target | 85%upside $5 | Neutral Maintained | 2 Aug 2024 |
JP Morgan Ryan Brinkman 41% 1-year accuracy 14 / 34 met price target | 121%upside $6 | Neutral Maintained | 22 Jul 2024 |
Goldman Sachs Lizzie Dove 78% 1-year accuracy 7 / 9 met price target | 11%upside $3 | Sell Maintained | 10 Jul 2024 |
Financial journalist opinion
Based on 5 articles about HTZ published over the past 30 days