Media headlines about Hertz Global (NYSE:HTZ) have trended somewhat positive on Monday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hertz Global earned a news impact score of 0.14 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 45.6907310370166 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Zacks: Analysts Expect Hertz Global Holdings, Inc (HTZ) Will Announce Quarterly Sales of $2.04 Billion (americanbankingnews.com)
- Hertz Global’s (HTZ) “Neutral” Rating Reaffirmed at Northcoast Research (americanbankingnews.com)
- Zacks: Analysts Expect Hertz Global Holdings, Inc (HTZ) Will Announce Earnings of -$0.58 Per Share (americanbankingnews.com)
- Hertz Global Holdings, Inc. :HTZ-US: Earnings Analysis: Q3, 2017 By the Numbers : November 21, 2017 (finance.yahoo.com)
Hertz Global (NYSE HTZ) opened at $18.07 on Monday. Hertz Global has a 12-month low of $8.52 and a 12-month high of $27.27. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 18.38.
Hertz Global (NYSE:HTZ) last issued its earnings results on Thursday, November 9th. The transportation company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.33 by $0.09. The firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period last year, the business earned $1.58 earnings per share. research analysts predict that Hertz Global will post -1.39 EPS for the current fiscal year.
HTZ has been the subject of several research reports. Barclays PLC cut Hertz Global from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $17.34 to $9.00 in a research report on Monday, July 31st. BidaskClub raised Hertz Global from a “hold” rating to a “buy” rating in a research report on Monday, July 31st. J P Morgan Chase & Co initiated coverage on Hertz Global in a research report on Friday, August 4th. They issued a “neutral” rating and a $15.00 target price for the company. Zacks Investment Research cut Hertz Global from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Finally, Deutsche Bank AG set a $14.00 target price on Hertz Global and gave the stock a “hold” rating in a research report on Wednesday, August 9th. Five equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $17.29.
In other Hertz Global news, SVP Robin Kramer sold 3,524 shares of Hertz Global stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $21.53, for a total transaction of $75,871.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.33% of the stock is currently owned by company insiders.
TRADEMARK VIOLATION WARNING: This piece was published by Transcript Daily and is the sole property of of Transcript Daily. If you are reading this piece on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be accessed at https://transcriptdaily.com/2017/11/27/hertz-global-htz-receives-daily-media-sentiment-rating-of-0-14.html.
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.
Receive News & Ratings for Hertz Global Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hertz Global Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.