Somewhat Positive News Coverage Somewhat Unlikely to Impact Hertz Global (HTZ) Stock Price

Media headlines about Hertz Global (NYSE:HTZ) have trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hertz Global earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave news articles about the transportation company an impact score of 46.4430629787466 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

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Several equities analysts have recently commented on HTZ shares. ValuEngine downgraded Hertz Global from a “hold” rating to a “sell” rating in a research report on Thursday, February 15th. Macquarie upgraded Hertz Global from a “neutral” rating to an “outperform” rating in a research report on Thursday, January 18th. Zacks Investment Research upgraded Hertz Global from a “sell” rating to a “hold” rating in a research report on Wednesday, January 17th. Finally, Goldman Sachs lowered their price objective on Hertz Global from $15.00 to $13.00 and set a “sell” rating on the stock in a research report on Thursday, February 15th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $17.00.

Shares of Hertz Global stock opened at $19.67 on Friday. Hertz Global has a twelve month low of $8.52 and a twelve month high of $27.27. The company has a debt-to-equity ratio of 9.78, a current ratio of 1.76 and a quick ratio of 1.76. The stock has a market capitalization of $1,646.93, a PE ratio of 4.98 and a beta of 1.19.

Hertz Global (NYSE:HTZ) last issued its earnings results on Tuesday, February 27th. The transportation company reported ($0.77) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.60) by ($0.17). Hertz Global had a negative return on equity of 13.01% and a net margin of 3.73%. The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. research analysts anticipate that Hertz Global will post -0.7 EPS for the current fiscal year.

In other news, SVP Robin Kramer sold 5,450 shares of Hertz Global stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $19.67, for a total value of $107,201.50. Following the sale, the senior vice president now directly owns 5,459 shares of the company’s stock, valued at $107,378.53. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.33% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Hertz Global (NYSE:HTZ)

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