Hertz Global Holdings Inc (NASDAQ: HTZ) is 76.78% higher on its value in year-to-date trading and has touched a low of $2.47 and a high of $9.39 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 $6.71 in the last trading session, with the day’s loss setting it -0.24%.
Currently trading at $6.47, the stock is -6.13% and 21.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.67 million and changing -3.58% at the moment leaves the stock 58.20% off its SMA200. HTZ registered 17.21% gain for a year compared to 6-month gain of 57.42%.
The stock witnessed a -17.37% loss in the last 1 month and extending the period to 3 months gives it a 43.78%, and is 12.23% 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 9.41% over the week and 9.95% over the month.
Hertz Global Holdings Inc (HTZ) has around 26000 employees, a market worth around $2.00B and $8.78B in sales. Profit margin for the company is -35.52%. Distance from 52-week low is 161.94% and -31.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-17.99%).
The EPS is expected to grow by 68.03% this year.
Hertz Global Holdings Inc (HTZ) Top Institutional Holders
The shares outstanding are 307.98M, and float is at 136.38M with Short Float at 44.56%.
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
The most recent transaction is an insider sale by Leef Eric, the company’s EVP, Chief HR Officer. SEC filings show that Leef Eric sold 42,917 shares of the company’s common stock on May 15 ’25 at a price of $5.78 per share for a total of $0.25 million. Following the sale, the insider now owns 0.42 million shares.
Still, SEC filings show that on Mar 05 ’25, Leef Eric (Officer) Proposed Sale 21,766 shares at an average price of $4.28 for $93097.0. The insider now directly holds shares of Hertz Global Holdings Inc (HTZ).
