Hertz Global Holdings Inc (NASDAQ: HTZ) is 113.93% higher on its value in year-to-date trading and has touched a low of $2.47 and a high of $8.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HTZ stock was last observed hovering at around $8.24 in the last trading session, with the day’s loss setting it -0.41%.
Currently trading at $7.83, the stock is 79.76% and 87.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 59.93 million and changing -4.98% at the moment leaves the stock 107.95% off its SMA200. HTZ registered 22.54% gain for a year compared to 6-month gain of 147.78%. The firm has a 50-day simple moving average (SMA 50) of $4.1715 and a 200-day simple moving average (SMA200) of $3.7653.
The stock witnessed a 133.73% loss in the last 1 month and extending the period to 3 months gives it a 94.29%, and is 101.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 22.42% over the week and 13.45% over the month.
Hertz Global Holdings Inc (HTZ) has around 26000 employees, a market worth around $2.41B and $9.05B in sales. Profit margin for the company is -31.63%. Distance from 52-week low is 217.00% and -10.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.47%).
with sales reaching $2.01B over the same period.The EPS is expected to grow by 72.03% this year, but quarterly earnings will post 1.42% year-over-year. Quarterly sales are estimated to shrink -3.54% in year-over-year returns.
Hertz Global Holdings Inc (HTZ) Top Institutional Holders
316.0 institutions hold shares in Hertz Global Holdings Inc (HTZ), with institutional investors hold 99.49% of the company’s shares. The shares outstanding are 306.69M, and float is at 136.36M with Short Float at 38.96%. Institutions hold 96.65% of the Float.
The top institutional shareholder in the company is KNIGHTHEAD CAPITAL MANAGEMENT, LLC with over 181.46 million shares valued at $640.54 million. The investor’s holdings represent 59.2992% of the HTZ Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 20.53 million shares valued at $72.45 million to account for 6.7075 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 13.71 million shares representing 4.4796% and valued at over $48.39 million, while GOLDMAN SACHS GROUP INC holds 2.0254 of the shares totaling 6.2 million with a market value of $21.88 million.
Hertz Global Holdings Inc (HTZ) Insider Activity
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Hertz Global Holdings Inc disclosed in a document filed with the SEC on Mar 05 ’25 that Leef Eric (EVP, Chief HR Officer) sold a total of 21,766 shares of the company’s common stock. The trade occurred on Mar 05 ’25 and was made at $4.28 per share for $93101.0. Following the transaction, the insider now directly holds 0.48 million shares of the HTZ stock.
Still, SEC filings show that on Dec 03 ’24, Leef Eric (Officer) Proposed Sale 4,034 shares at an average price of $4.51 for $18193.0. The insider now directly holds shares of Hertz Global Holdings Inc (HTZ).
