Herc Holdings Inc [HRI] stock prices are up 3.53% to $173.95 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The HRI shares have gain 6.27% over the last week, with a monthly amount glided 13.94%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Herc Holdings Inc [NYSE: HRI] stock has seen the most recent analyst activity on June 07, 2024, when JP Morgan initiated its Neutral rating and assigned the stock a price target of $155. Previously, KeyBanc Capital Markets downgraded its rating to Sector Weight on December 04, 2023. On July 21, 2023, downgrade downgraded it’s rating to Underperform and revised its price target to $140 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $205 on March 11, 2022. Northcoast upgraded its rating to a Buy but $205 remained the price target by the analyst firm on January 21, 2022. Robert W. Baird downgraded its rating to Neutral for this stock on December 21, 2021, and downed its price target to $161. In a note dated July 23, 2021, Goldman reiterated an Buy rating on this stock and boosted its target price from $125 to $143.
The stock price of Herc Holdings Inc [HRI] has been fluctuating between $100.17 and $171.60 over the past year. Currently, Wall Street analysts expect the stock to reach $177.67 within the next 12 months. Herc Holdings Inc [NYSE: HRI] shares were valued at $173.95 at the most recent close of the market. An investor can expect a potential return of 2.14% based on the average HRI price forecast.
Analyzing the HRI fundamentals
The Herc Holdings Inc [NYSE:HRI] reported sales of 3.39B for trailing twelve months, representing a surge of 5.74%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.26 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 169.59 points at the first support level, and at 165.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 178.62, and for the 2nd resistance point, it is at 183.29.
Ratios To Look Out For
It’s worth pointing out that Herc Holdings Inc [NYSE:HRI]’s Current Ratio is 1.23. On the other hand, the Quick Ratio is 1.23, and the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 1.46, the price to book ratio is 3.63 and price to earnings (TTM) ratio is 14.60.
Transactions by insiders
Recent insider trading involved Birnbaum Aaron, SVP & Chief Operating Officer, that happened on Aug 26 ’24 when 10000.0 shares were sold. Officer, Birnbaum Aaron completed a deal on Aug 26 ’24 to buy 10000.0 shares. Meanwhile, SVP&Chief Information Officer Peres Tamir sold 5821.0 shares on Jul 31 ’24.
