Hertz Global Holdings, Inc. (HTZ)
|Net Income (ttm)||1.08B|
|Day's Range||8.91 - 9.37|
|52-Week Range||8.10 - 20.48|
|Price Target||21.71 (+134.7%)|
|Earnings Date||Oct 26, 2023|
Hertz Global Holdings, Inc. operates as a vehicle rental company. The company operates through two segments, Americas Rental Car and International Rental Car. It offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-owned, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. The company also sells vehicles; and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international... [Read more]
Financial PerformanceFinancial Statements
According to 7 analysts, the average rating for HTZ stock is "Buy." The 12-month stock price forecast is $21.71, which is an increase of 134.70% from the latest price.
ESTERO, Fla. & LOS ANGELES--(BUSINESS WIRE)--Hertz (NASDAQ: HTZ) and EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles...
Hertz has aggressively incorporated electric vehicles into its fleet, but it revealed some challenges in its Q3 2023 earnings call.
Hertz is slowing down plans to include more electric cars in its fleet. The firm said EVs have higher repair costs and have depreciated significantly.
The electric vehicle (EV) industry is seeing major challenges as concerns among investors, industry players, and policymakers shift. Most EV stocks, including Tesla (TSLA), Canoo (GOEV), Nio, and VinF...
Hertz CEO Stephen Scherr told CNBC's Jim Cramer that his company will continue buying electric vehicles despite problems with the cars over the last quarter.
Hertz now has 35,000 Tesla vehicles and around 50,000 electric vehicles in its fleet.
Cramer's Stop Trading: Hertz Global
CNBC's Jim Cramer explains why he is keeping an eye on shares of Hertz Global.
Shares of Hertz Global Holdings Inc. HTZ, -2.03% slumped 3.3% toward a record low in premarket trading Thursday, after the car rental company topped profit expectations while revenue was in line and m...
HERTZ REPORTS THIRD QUARTER 2023 RESULTS: REVENUE OF $2.7 BILLION, NET INCOME OF $629 MILLION AND ADJUSTED CORPORATE EBITDA OF $359 MILLION
"Hertz produced record revenue in the quarter, reflecting ongoing strength in demand and stability in pricing. Our premium Hertz brand performed well, and we saw further growth in our rideshare busine...
ESTERO, Fla. , Oct. 24, 2023 /PRNewswire/ -- Hertz Global Holdings, Inc., (NASDAQ: HTZ), a global leader in car rental, today announced that Justin Keppy will join the company as Executive Vice Presid...
iPark and CEO Billy Lerner Reveal the Strategic Decision to Open a New Hertz Location at 615 West 59th Street
New York, New York--(Newsfile Corp. - October 18, 2023) - iPark, a leading name in the parking industry in New York City, reveals the strategic decision to establish a Hertz office within the 615 West...
ESTERO, Fla. , Oct. 3, 2023 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the "Company") announced today that it plans to report its third quarter 2023 financial results at approximately...
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2023) - Hertz Lithium Inc. (CSE: HZ) (FSE: QE2) (the "Company" or "Hertz") is pleased to announce that it has entered into a share exchange ag...
Mayor Adams Partners with Hertz to Add Electric Vehicles, Create Jobs, and Provide Workforce Training NEW YORK , Sept. 20, 2023 /PRNewswire/ -- During New York City Climate Week, Hertz (NASDAQ: HTZ) C...
ESTERO, Fla., Sept. 13, 2023 /PRNewswire/ -- Hertz Global Holdings, Inc. (Nasdaq: HTZ) today announced that Paul Stone, Chief Operations Officer and President, will step down from his role effective S...
Perhaps most importantly, Revel has gotten the support of the New York City political class.
Two auto industry CEOs on EV rentals, charging headwinds and EV demand
General Motors CEO Mary Barra and Hertz CEO Stephen Scherr join 'Power Lunch' to discuss GM's investment in a battery materials company and the future of the EV market.
VR Advisory Services Ltd (Trades, Portfolio), a prominent investment firm, recently executed a transaction involving Onyx Acquisition Co I ( ONYXU , Financial). This article provides an in-depth analy...
Hertz CEO sees strong demand in the U.S. and abroad
Hertz CEO Stephen Scherr joins 'Squawk on the Street' to discuss Hertz's quarterly earnings results, what's giving Scherr a positive outlook for the year's second half, and more.
Hertz Global Holdings Inc.'s stock HTZ, +0.11% slid 4% in premarket trade Thursday, after the car rental company's second-quarter profit fell sharply from a year ago, while revenue fell short of estim...
HERTZ REPORTS SECOND QUARTER 2023 RESULTS: REVENUE OF $2.4 BILLION, NET INCOME OF $139 MILLION AND ADJUSTED CORPORATE EBITDA OF $347 MILLION
"Results for the second quarter were strong, reflecting continued high demand for our services and elevated levels of fleet utilization," said Stephen Scherr, Chair and CEO of Hertz. "Our focus on ass...
Hertz Global Holdings Inc. HTZ, +0.11% said late Thursday it has named interim Chief Financial Officer Alexandra Brooks its permanent CFO, effective immediately. The company also appointed Controller ...
Kelly Galloway appointed to Chief Accounting Officer ESTERO, Fla. , July 26, 2023 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) today announced that Alexandra Brooks, the company's interim...
ESTERO, Fla. , July 19, 2023 /PRNewswire/ -- Hertz is giving Americans the opportunity to experience an electric vehicle by hosting one of the largest-ever EV test drives in the country.
Hertz Global Holdings Inc (NASDAQ: HTZ) has already gained about 20% in just over a month but a Jefferies analyst is convinced it's not out of room to run just yet.