Herc Holdings Stock Today
| HRI Stock | USD 146.90 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 1
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Herc Holdings is trading at 146.90 as of the 4th of May 2024. This is a No Change since the beginning of the trading day. The stock's open price was 146.89999. Herc Holdings has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on December 8, 2020, Representative Susie Lee of US Congress has sold under $15k worth of Herc Holdings's common stock.
Business Domain Capital Goods | IPO Date 1st of July 2016 | Category Industrials |
Herc Holdings Inc., through its subsidiaries, operates as an equipment rental supplier in the United States and internationally. Herc Holdings Inc. was founded in 1965 and is based in Bonita Springs, Florida. Herc Holdings operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. The company has 28.37 M outstanding shares of which 555.73 K shares are currently shorted by investors with about 3.1 days to cover. More on Herc Holdings
Moving against Herc Stock
| 0.57 | AAN | Aarons Earnings Call This Week | PairCorr |
Follow Valuation Options Odds of Bankruptcy
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Herc Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Herc Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Herc Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Kathryn Marinello | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Rentals (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Trading Companies & Distributors, Rental & Leasing Services, Industrials, NYSE Composite, Rentals, Industrials, Trading Companies & Distributors, Rental & Leasing Services, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Herc Holdings report their recommendations after researching Herc Holdings' financial statements, talking to executives and customers, or listening in on Herc Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Herc Holdings. The Herc consensus assessment is calculated by taking the average forecast from all of the analysts covering Herc Holdings. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Herc Holdings' liquidity, profitability, solvency, and operating efficiency, Herc Holdings is performing exceptionally good at this time. It has a great probability to report excellent financial results in June. Financial strength of Herc Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Herc Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Herc Holdings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Herc Holdings' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Herc Holdings' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Herc Holdings' financial leverage. It provides some insight into what part of Herc Holdings' total assets is financed by creditors.
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Herc Holdings (HRI) is traded on New York Stock Exchange in USA. It is located in 27500 Riverview Center Boulevard, Bonita Springs, FL, United States, 34134 and employs 7,600 people. Herc Holdings is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Herc Holdings's market, we take the total number of its shares issued and multiply it by Herc Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Herc Holdings runs under Trading Companies & Distributors sector within Industrials industry. The entity has 28.37 M outstanding shares of which 555.73 K shares are currently shorted by investors with about 3.1 days to cover.
Herc Holdings has about 53.5 M in cash with 1.09 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.95.
Check Herc Holdings Probability Of Bankruptcy
Ownership AllocationHerc Holdings secures a total of 28.37 Million outstanding shares. The majority of Herc Holdings outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Herc Holdings to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Herc Holdings. Please pay attention to any change in the institutional holdings of Herc Holdings as this could imply that something significant has changed or is about to change at the company. Please note that on December 8, 2020, Representative Susie Lee of US Congress has sold under $15k worth of Herc Holdings's common stock.
Check Herc Ownership Details
Herc Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Herc Holdings jumping above the current price in 90 days from now is about 89.09%. The Herc Holdings probability density function shows the probability of Herc Holdings stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.4266. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Herc Holdings will likely underperform. Additionally, herc Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Herc Holdings to move above the current price in 90 days from now is about 89.09 (This Herc Holdings probability density function shows the probability of Herc Stock to fall within a particular range of prices over 90 days) .
Herc Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Herc Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Herc Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Herc Holdings' value.| Instituion | Recorded On | Shares | |
| Electron Capital Partners, Llc | 2023-12-31 | 605.4 K | |
| Geode Capital Management, Llc | 2023-12-31 | 593.2 K | |
| Gabelli Funds Llc | 2023-12-31 | 536.1 K | |
| Dorsey Asset Management, Llc | 2023-12-31 | 516.9 K | |
| Channing Capital Management, Llc | 2023-12-31 | 499.5 K | |
| Impax Asset Management Group Plc | 2023-12-31 | 485.9 K | |
| Jennison Associates Llc | 2023-12-31 | 466.1 K | |
| Franklin Resources Inc | 2023-12-31 | 451.9 K | |
| Fisher Asset Management, Llc | 2023-12-31 | 418.1 K | |
| Vanguard Group Inc | 2023-12-31 | 2.9 M | |
| Blackrock Inc | 2023-12-31 | 2.2 M |
Herc Holdings Historical Income Statement
Herc Holdings Income Statement is one of the three primary financial statements used for reporting Herc's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Herc Holdings revenue and expense. Herc Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Herc Holdings' Net Income Applicable To Common Shares is increasing as compared to previous years. The Herc Holdings' current Tax Provision is estimated to increase to about 125 M, while Total Revenue is projected to decrease to under 3.1 B. View More FundamentalsHerc Stock Against Markets
Picking the right benchmark for Herc Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Herc Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Herc Holdings is critical whether you are bullish or bearish towards Herc Holdings at a given time. Please also check how Herc Holdings' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Herc Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Herc Holdings Corporate Directors
Herc Holdings corporate directors refer to members of a Herc Holdings board of directors. The board of directors generally takes responsibility for the Herc Holdings' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Herc Holdings' board members must vote for the resolution. The Herc Holdings board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jean Holley | Independent Director | Profile | |
| Vincent Intrieri | Independent Director | Profile | |
| Jacob Katz | Independent Director | Profile | |
| Michael Durham | Independent Director | Profile |
How to buy Herc Stock?
Before investing in Herc Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Herc Holdings. To buy Herc Holdings stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Herc Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Herc Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Herc Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Herc Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Herc Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Herc Stock please use our How to Invest in Herc Holdings guide.
Already Invested in Herc Holdings?
The danger of trading Herc Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Herc Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Herc Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Herc Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Herc Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Herc Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Herc Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Herc Holdings Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herc Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Herc Stock analysis
When running Herc Holdings' price analysis, check to measure Herc Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Herc Holdings is operating at the current time. Most of Herc Holdings' value examination focuses on studying past and present price action to predict the probability of Herc Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Herc Holdings' price. Additionally, you may evaluate how the addition of Herc Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Herc Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Herc Holdings. If investors know Herc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Herc Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.004 | Dividend Share 2.563 | Earnings Share 12.09 | Revenue Per Share 118.129 | Quarterly Revenue Growth 0.086 |
The market value of Herc Holdings is measured differently than its book value, which is the value of Herc that is recorded on the company's balance sheet. Investors also form their own opinion of Herc Holdings' value that differs from its market value or its book value, called intrinsic value, which is Herc Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Herc Holdings' market value can be influenced by many factors that don't directly affect Herc Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Herc Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Herc Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Herc Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.