News stories about Hertz Global (NYSE:HTZ) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hertz Global earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the transportation company an impact score of 46.4009625485373 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
- Trending Hot Stock’s Analysis – Hertz Global Holdings, Inc. (NYSE: HTZ) – Alpha Beta Stock (alphabetastock.com)
- Hertz Global Holdings, Inc (HTZ) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
- Hertz Global Holdings, Inc. (NYSE:HTZ) – Price to Earnings (P/E) Evaluation – Nasdaq Journal (press release) (nasdaqjournal.com)
- Comprehensive Stock Analysis – Hertz Global Holdings, Inc. (NYSE: HTZ) – Alpha Beta Stock (alphabetastock.com)
- Way to read Technical data on Hertz Global Holdings, Inc. (HTZ) – Wall Street Morning (wallstreetmorning.com)
A number of equities research analysts have recently commented on HTZ shares. Zacks Investment Research raised shares of Hertz Global from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Deutsche Bank reiterated a “hold” rating and set a $18.00 price target (up previously from $14.00) on shares of Hertz Global in a report on Friday, October 6th. Morgan Stanley downgraded Hertz Global from an “equal weight” rating to an “underweight” rating and raised their price objective for the stock from $12.00 to $14.00 in a research report on Thursday, September 14th. ValuEngine downgraded Hertz Global from a “sell” rating to a “strong sell” rating in a research report on Sunday, December 31st. Finally, Northcoast Research restated a “neutral” rating on shares of Hertz Global in a research note on Monday, November 13th. Six research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $17.29.
Hertz Global (NYSE:HTZ) last issued its quarterly earnings data on Thursday, November 9th. The transportation company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.09. The firm had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.58 billion. Hertz Global had a negative return on equity of 14.05% and a negative net margin of 8.35%. Hertz Global’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.58 EPS. analysts expect that Hertz Global will post -1.39 EPS for the current year.
About Hertz Global
Herc Holdings Inc, formerly Hertz Global Holdings, Inc, is a holding company. The Company is engaged principally in the business of renting and leasing of cars through its Hertz, Dollar, Thrifty and Firefly brands, and equipment through its Hertz Equipment Rental brand. It operates through four segments: U.S.
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