Is Hertz Global Holdings, Inc. (HTZ) Worth Adding to Your Portfolio?

ICAHN CARL C, 10% Owner, subtracted 5,000,000 shares of Hertz Global Holdings, Inc. (HTZ) from its portfolio at the rate of $19.45 per share valuing $97,250,000 on Mar 04. The insider left behind 24,263,869 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $15.36, with a 2nd Resistance Point sitting at $15.52. Meanwhile, this company’s stock has a 1st Support Level at $14.96 and a 2nd Support Level at $14.72. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Hertz Global Holdings, Inc. (HTZ) was $15.20. Hertz Global Holdings, Inc. (HTZ) stock has lost -$0.80, or -3.49%, in the past five days. In the last full month, these shares have gained $1.46, or 10.63%. In the past three months, this stock’s price has risen by $3.37, or 28.49%. This year-to-date, Hertz Global Holdings, Inc. (HTZ) shares have gained $1.55, or 11.36%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Hertz Global Holdings, Inc. (HTZ) stock, 50% of short-term indicators suggest that these shares are a “ Hold .”

With 142,122 K shares outstanding, this company currently has a market capitalization of $2,177,309K. Hertz Global Holdings, Inc. (HTZ) generates $9,504 M in annual sales, amounting to annual net income of -$225,000 K. This stock has generated a 1-Year Total Return of -17.57%, a 3-Year Total Return of -36.64%, and a 5-year Total Return of -82.04%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in 09/19, Hertz Global Holdings, Inc. (HTZ) reported earnings of $1.60 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.48 per share, representing a 0.12 difference and 8.11% surprise. In the previous quarter ending in 06/19, the reported earnings of $0.74 represented a 0.52 difference from the consensus estimate calling for $0.22 per share, which was a 236.36% surprise.

For the current fiscal quarter, which is set to end in 12/2019, the average earnings estimate is -$0.25 per share. This estimate came from a total of 5 Wall Street Analysts. Of those market experts, the high estimate was -$0.04 and the low estimate was -$0.47. In the year-ago quarter, Hertz Global Holdings, Inc. (HTZ) generated per-share earnings of -$0.55. If the analysts are correct about the current quarter’s earnings, the growth will be +54.55%.

Turning our focus now to insider trading activity, there have been 2 purchases (2,968 shares in total) and 4 sale (8,209 shares in total) in the last 3 months. In the last 6 months, there have been 18 insider buys amounting to 133,362 shares and 4 insider sales amounting to 8,209 shares. In the past full year, 43 insider purchases were made (involving 316,283 shares) and 14 insider sell-offs equivalent to 5,015,128 shares.

Moving onto liquidity, Hertz Global Holdings, Inc. (HTZ) has a Current Ratio of 0.96, a Quick Ratio of 0.96 and a Cash Ratio of 0.35. Looking at this company’s capital structure, its Total Debt to Total Equity is 1,538.55, its Total Debt to Total Capital is 93.90, and its Total Debt to Total Assets is now 76.34. Looking even further ahead into the future, its Long-Term Debt to Equity is 0.81 and its Long-Term Debt to Total Capital is 1,386.52.