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Herc (HRI) Stock Price, News & Analysis

Herc logo
$213.54 -2.01 (-0.93%)
(As of 11/20/2024 ET)

About Herc Stock (NYSE:HRI)

Key Stats

Today's Range
$211.74
$216.40
50-Day Range
$133.75
$239.28
52-Week Range
$119.08
$246.88
Volume
257,975 shs
Average Volume
252,090 shs
Market Capitalization
$6.07 billion
P/E Ratio
17.46
Dividend Yield
1.25%
Price Target
$212.25
Consensus Rating
Hold

Company Overview

Herc Holdings Inc., together with its subsidiaries, operates as an equipment rental supplier. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment, as well as generators, and safety supplies and expendables; and provides ProSolutions, an industry specific solution based services, such as pumping solutions, power generation, climate control, remediation and restoration, and studio and production equipment. The company also sells used equipment and contractor supplies, such as construction consumables, tools, small equipment, and safety supplies; provides repair, maintenance, equipment management, and safety training services, as well as offers ancillary services, such as equipment transport, rental protection, cleaning, refueling, and labor. It serves non-residential and residential construction, specialty trade, restoration, remediation and environment, and facility maintenance contractors; industrial manufacturing industries, including automotive and aerospace, power, metals and mining, agriculture, pulp, paper and wood, food and beverage, and refineries and petrochemical industries; infrastructure and government sectors; and commercial and retail service, hospitality, healthcare, recreation, entertainment production, and special event management customers through its sales team, industry catalogs, as well as through participation and sponsorship of industry events, trade shows, and Internet. As of December 31, 2017, it operated approximately 275 locations in the United States, Canada, China, the United Kingdom, Saudi Arabia, and Qatar. Herc Holdings Inc. is based in Bonita Springs, Florida.

Herc Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
78th Percentile Overall Score

HRI MarketRank™: 

Herc scored higher than 78% of companies evaluated by MarketBeat, and ranked 53rd out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Herc has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Herc has only been the subject of 3 research reports in the past 90 days.

  • Read more about Herc's stock forecast and price target.
  • Earnings Growth

    Earnings for Herc are expected to grow by 16.34% in the coming year, from $13.59 to $15.81 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Herc is 17.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Herc is 17.46, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.83.

  • Price to Earnings Growth Ratio

    Herc has a PEG Ratio of 1.25. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Herc has a P/B Ratio of 4.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Herc's valuation and earnings.
  • Percentage of Shares Shorted

    3.52% of the float of Herc has been sold short.
  • Short Interest Ratio / Days to Cover

    Herc has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Herc has recently decreased by 16.49%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Herc pays a meaningful dividend of 1.22%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Herc does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Herc is 21.75%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Herc will have a dividend payout ratio of 16.82% next year. This indicates that Herc will be able to sustain or increase its dividend.

  • Read more about Herc's dividend.
  • Percentage of Shares Shorted

    3.52% of the float of Herc has been sold short.
  • Short Interest Ratio / Days to Cover

    Herc has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Herc has recently decreased by 16.49%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Herc has a news sentiment score of 1.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Herc this week, compared to 5 articles on an average week.
  • Search Interest

    2 people have searched for HRI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Herc to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Herc insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,342,960.00 in company stock.

  • Percentage Held by Insiders

    Only 1.70% of the stock of Herc is held by insiders.

  • Percentage Held by Institutions

    93.11% of the stock of Herc is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Herc's insider trading history.
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HRI Stock News Headlines

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Herc Holdings price target raised to $240 from $200 at JPMorgan
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HRI Stock Analysis - Frequently Asked Questions

Herc's stock was trading at $148.89 at the beginning of the year. Since then, HRI stock has increased by 43.4% and is now trading at $213.54.
View the best growth stocks for 2024 here
.

Herc Holdings Inc. (NYSE:HRI) released its quarterly earnings data on Tuesday, October, 22nd. The transportation company reported $4.35 EPS for the quarter, missing the consensus estimate of $4.48 by $0.13. The firm's quarterly revenue was up 6.3% on a year-over-year basis.

Top institutional investors of Herc include FMR LLC (2.59%), State Street Corp (2.34%), Geode Capital Management LLC (2.24%) and Fisher Asset Management LLC (1.45%). Insiders that own company stock include Carl C Icahn, Lawrence Harris Silber, Christian J Cunningham, Mark Irion, Aaron Birnbaum, Tamir Peres, Samuel Wade Sheek and Michael A Kelly.
View institutional ownership trends
.

Shares of HRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Herc investors own include Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Voya Infrastructure, Industrials and Materials Fund (IDE), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD) and Netflix (NFLX).

Company Calendar

Ex-Dividend for 9/6 Dividend
8/22/2024
Dividend Payable
9/06/2024
Last Earnings
10/22/2024
Today
11/20/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/11/2025

Industry, Sector and Symbol

Industry
Miscellaneous equipment rental & leasing
Sub-Industry
N/A
Employees
7,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$212.25
High Stock Price Target
$250.00
Low Stock Price Target
$155.00
Potential Upside/Downside
-0.6%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$347 million
Pretax Margin
13.25%

Debt

Sales & Book Value

Annual Sales
$3.28 billion
Cash Flow
$38.55 per share
Book Value
$44.98 per share

Miscellaneous

Free Float
27,922,000
Market Cap
$6.07 billion
Optionable
Optionable
Beta
2.02

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This page (NYSE:HRI) was last updated on 11/21/2024 by MarketBeat.com Staff
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