Currently, Herc Holdings Inc [HRI] is trading at $239.28, up 11.27%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HRI shares have gain 13.75% over the last week, with a monthly amount glided 47.70%, 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.
This stock has fluctuated between a low of $114.54 and a high of $215.34 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $197.25 within the next 12 months. Herc Holdings Inc [NYSE: HRI] shares were valued at $239.28 at the most recent close of the market. An investor can expect a potential drop of -17.57% based on the average HRI price forecast.
Analyzing the HRI fundamentals
Trailing Twelve Months sales for Herc Holdings Inc [NYSE:HRI] were 3.45B which represents 6.28% growth. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.21%, 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 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.83.
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 231.14 points at the first support level, and at 222.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 247.15, and for the 2nd resistance point, it is at 255.02.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Herc Holdings Inc [NYSE:HRI] is 1.22. Also, the Quick Ratio is 1.22, while the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 1.97, the price to book ratio is 4.60 and price to earnings (TTM) ratio is 19.57.
Transactions by insiders
Recent insider trading involved Silber Lawrence Harris, Officer, that happened on Nov 06 ’24 when 45816.0 shares were purchased. SVP & Chief HR Officer, Cunningham Christian J completed a deal on Nov 06 ’24 to sell 4350.0 shares. Meanwhile, SVP & Chief Financial Officer Humphrey Mark sold 2625.0 shares on Nov 01 ’24.
