HTZ - Hertz Global Holdings Inc Stock Price, Fair Value and News

5.53USD+0.01 (+0.18%)Market Closed

Market Summary

USD5.53+0.01

Market Closed

0.18%

HTZ Alerts

1 major insider buys recently.

Big fall in earnings (Y/Y)
Losses in recent quarter

HTZ Stock Price

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HTZ RSI Chart

HTZ Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

7.23

Price/Sales (Trailing)

0.18

EV/EBITDA

-40.89

Price/Free Cashflow

0.74

HTZ Price/Sales (Trailing)

HTZ Profitability

EBT Margin

3.04%

Return on Equity

8.32%

Return on Assets

0.96%

Free Cashflow Yield

134.94%

HTZ Fundamentals

HTZ Revenue

Revenue (TTM)

9.4B

Rev. Growth (Yr)

1.61%

Rev. Growth (Qtr)

-4.76%

HTZ Earnings

Earnings (TTM)

234.0M

Earnings Growth (Yr)

-194.9%

Earnings Growth (Qtr)

46.55%

Breaking Down HTZ Revenue

Last 7 days

13.1%

Last 30 days

-13.5%

Last 90 days

-28.5%

Trailing 12 Months

-66.2%

How does HTZ drawdown profile look like?

HTZ Financial Health

Debt/Equity

5.6

Debt/Cashflow

0.14

HTZ Investor Care

Buy Backs (1Y)

2.99%

Diluted EPS (TTM)

-0.13

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	9.4B	0	0	0
2023	8.9B	9.0B	9.2B	9.4B
2022	7.9B	8.3B	8.6B	8.7B
2021	4.6B	5.7B	6.6B	7.3B
2020	9.6B	7.9B	6.3B	5.3B
2019	9.5B	9.7B	9.7B	9.8B
2018	8.9B	9.1B	9.3B	9.5B
2017	8.7B	8.7B	8.7B	8.8B
2016	8.9B	8.9B	8.8B	8.8B
2015	9.4B	9.2B	9.1B	9.0B
2014	0	0	0	9.5B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Hertz Global Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	brooks alexandra dawn	acquired	-	-	223,714	evp, chief financial officer
May 01, 2024	leef eric	acquired	-	-	223,714	evp, chief hr officer
May 01, 2024	galloway kelly	acquired	-	-	111,857	svp, chief accounting officer
Apr 30, 2024	west w gilbert	bought	1,114,100	4.4564	250,000	ceo
Apr 01, 2024	west w gilbert	acquired	-	-	1,910,370	ceo
Mar 31, 2024	vougessis evangeline	acquired	12,504	7.83	1,597	-
Mar 30, 2024	brooks alexandra dawn	sold (taxes)	-5,778	7.83	-738	evp, chief financial officer
Mar 30, 2024	batcheler colleen	sold (taxes)	-47,770	7.83	-6,101	evp, general counsel and secy
Mar 30, 2024	galloway kelly	sold (taxes)	-2,959	7.83	-378	svp, chief accounting officer

Which funds bought or sold HTZ recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Pineridge Advisors LLC	reduced	-78.32	-25,383	4,956	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-14.37	-540,152	982,908	-%
May 16, 2024	COMERICA BANK	reduced	-1.6	-148,995	427,557	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-1.16	-1,195,910	3,491,400	-%
May 16, 2024	Ancora Advisors LLC	reduced	-5.26	-113	282	-%
May 16, 2024	Redwood Investment Management, LLC	sold off	-100	-635,000	-	-%
May 16, 2024	JANE STREET GROUP, LLC	sold off	-100	-265,890	-	-%
May 16, 2024	ELKHORN PARTNERS LIMITED PARTNERSHIP	added	50.00	7,000	59,000	0.04%
May 16, 2024	Ancora Advisors LLC	reduced	-83.51	-7,430	1,146	-%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	unchanged	-	-11,621	49,613	-%

Are Funds Buying or Selling HTZ?

Are funds buying HTZ calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HTZ

No. of Funds

Unveiling Hertz Global Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 28, 2023	ck amarillo lp	57.56%	181,455,469	SC 13D/A
Feb 09, 2023	ck amarillo lp	56.28%	181,455,469	SC 13D/A
Oct 31, 2022	ck amarillo lp	54.34%	181,455,469	SC 13D/A
Aug 01, 2022	ck amarillo lp	50.35%	181,455,469	SC 13D/A
Nov 16, 2021	ck amarillo lp	39.18%	181,455,469	SC 13D/A
Jul 12, 2021	ck amarillo lp	41.75%	196,673,104	SC 13D
Feb 16, 2021	par investment partners lp	0%	0	SC 13G/A
Feb 12, 2021	dimensional fund advisors lp	1.2%	1,638,455	SC 13G/A
Feb 11, 2021	renaissance technologies llc	0.00%	0	SC 13G/A
Jun 09, 2020	blackrock inc.	3.7%	5,277,012	SC 13G/A

Recent SEC filings of Hertz Global Holdings Inc

View All Filings

Date Filed	Form Type	Document
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 22, 2024	8-K	Current Report
Apr 09, 2024	ARS	ARS
Apr 09, 2024	DEF 14A	DEF 14A
Apr 09, 2024	DEFA14A	DEFA14A

Hertz Global Holdings Inc News

Latest updates

Hertz Global Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-4.8%	2,080	2,184	2,703	2,437	2,047	2,035	2,496	2,344	1,810	1,949	2,226	1,873	1,289	1,235	1,268	832	1,923	2,326	2,836	2,511	2,107
Costs and Expenses	-0.6%	2,661	2,677	2,144	2,279	1,985	1,908	1,849	1,225	1,254	-	1,458	-	-	-	-	-	-	-	-	-	-
S&GA Expenses	-34.4%	162	247	209	285	221	221	246	257	235	189	177	172	151	137	138	164	208	226	232	258	234
EBITDA Margin	-15.5%	-0.04*	-0.04*	0.20*	0.23*	0.24*	0.26*	0.24*	0.26*	0.10*	0.06*	-0.13*	-0.29*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.9%	-216	-218	-225	-188	-162	-128	-70.00	-86.00	-44.00	-69.00	-63.00	-189	-148	-1,086	127	176	175	-1,208	204	199	-183
Income Taxes	-172.4%	-395	-145	-70.00	19.00	-134	11.00	70.00	179	130	125	160	-46.00	79.00	-97.00	-36.00	-192	-4.00	-14.50	74.00	4.00	-1.00
Earnings Before Taxes	-	-	-	-	-	-	127	647	1,119	556	-137	768	-215	268	-388	-259	-1,044	-361	-130	247	44.00	-149
EBT Margin	-0.4%	0.03*	0.03*	0.27*	0.27*	0.27*	0.28*	0.25*	0.28*	0.12*	0.09*	0.07*	-0.10*	-	-	-	-	-	-	-	-	-
Net Income	46.6%	-186	-348	629	139	196	116	577	940	426	-259	605	-169	189	-286	-222	-852	-357	-118	169	41.00	-148
Net Income Margin	-62.1%	0.02*	0.07*	0.12*	0.11*	0.20*	0.24*	0.20*	0.21*	0.08*	0.05*	0.05*	-0.09*	-	-	-	-	-	-	-	-	-
Free Cashflow	-34.4%	370	564	851	497	562	277	932	708	621	598	743	265	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.2%	24,310	24,605	25,554	26,095	23,749	22,497	21,694	22,066	20,941	19,783	19,593	19,007	16,610	16,908	18,757	23,116	25,842	24,627	25,541	26,354	24,030
Cash Equivalents	-39.1%	465	764	594	682	1,242	1,418	1,508	1,563	2,121	1.00	3,466	2,695	2,440	1,550	1,882	2,311	1,409	-	695	654	1,006
Net PPE	-	-	-	-	-	-	-	-	605	611	608	609	618	637	666	699	724	765	757	758	772	771
Goodwill	0%	1,044	1,044	1,044	1,044	1,044	1,044	1,043	1,044	1,044	1,045	1,045	1,045	1,045	1,045	1,081	1,080	1,080	1,047	1,082	1,083	1,083
Liabilities	-0.1%	21,498	21,513	22,164	23,256	20,975	19,852	18,933	19,337	18,239	16,806	13,942	15,131	16,320	16,815	18,357	22,443	24,351	22,739	23,552	25,284	23,025
Long Term Debt	0.3%	15,744	15,691	16,013	16,570	14,764	13,863	13,076	13,392	12,082	10,907	8,718	8,549	7,026	6,267	8,771	12,982	18,754	17,089	18,041	19,347	17,257
Shareholder's Equity	-9.1%	2,812	3,092	3,390	2,839	2,774	2,645	2,761	2,729	2,702	2,977	4,218	3,639	290	93.00	400	673	1,491	1,888	1,989	1,070	1,005
Retained Earnings	170.2%	174	-248	708	79.00	-60.00	-256	-372	-949	-1,889	-2,315	-2,055	-2,659	-2,491	-2,681	-2,392	-2,170	-1,323	-967	-848	-1,017	-1,056
Additional Paid-In Capital	-0.8%	6,351	6,405	6,389	6,369	6,346	6,326	6,308	6,274	6,237	6,209	6,482	6,476	3,049	3,047	3,047	3,048	3,022	3,024	3,019	2,267	2,262
Shares Outstanding	0.1%	306	305	309	312	321	323	395	398	432	315	264	471	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	12.00	19.00	25.00	37.00	59.00	114	119	119	115	106	83.00
Float	-	-	-	-	2,400	-	-	-	3,000	-	-	-	2,700	-	-	-	220	-	-	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-34.4%	370	564	851	497	562	277	932	708	621	598	743	265	200	25.00	302	177	449	667	1,179	540	514
Share Based Compensation	-27.3%	16.00	22.00	22.00	22.00	21.00	34.00	32.00	36.00	28.00	8.00	-	-	2.00	-	-	-2.00	-	4.00	6.00	5.00	3.00
Cashflow From Investing	-936.9%	-703	84.00	-383	-2,237	-1,488	-760	-222	-1,710	-1,541	-1,104	-124	-2,298	-18.00	969	3,522	2,197	-2,097	1,067	-660	-2,977	-1,855
Cashflow From Financing	116.3%	85.00	-520	-568	1,662	739	368	-740	467	392	-297	166	2,284	692	-1,326	-4,268	-1,479	1,701	-1,077	-472	2,084	939
Dividend Payments	-95.9%	2.00	49.00	52.00	102	118	325	504	881	767	2,470	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	-100.0%	-	44.00	51.00	101	118	329	500	891	722	654	-	-	-	-	-	-	-	-	-	-	-

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HTZ Income Statement

2024-03-31

HGH - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Revenues	$ 2,080	$ 2,047
Expenses:
Direct vehicle and operating	1,366	1,221
Depreciation of revenue earning vehicles and lease charges, net	969	381
Non-vehicle depreciation and amortization	32	35
Selling, general and administrative	162	221
Interest expense, net	216	162
Other (income) expense, net	2	9
(Gain) on sale of non-vehicle capital assets	0	(162)
Change in fair value of Public Warrants	(86)	118
Total expenses	2,661	1,985
Income (loss) before income taxes	(581)	62
Income tax (provision) benefit	395	134
Net income (loss)	$ (186)	$ 196
Weighted-average common shares outstanding:
Basic (in shares)	305	321
Diluted (in shares)	305	323
Earnings (loss) per common share:
Basic (in dollars per share)	$ (0.61)	$ 0.61
Diluted (in dollars per share)	$ (0.61)	$ 0.61
Vehicles
Expenses:
Interest expense, net	$ 141	$ 111
Non-vehicle
Expenses:
Interest expense, net	$ 75	$ 51

HTZ Balance Sheet

2024-03-31

HGH - CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

ASSETS

Cash and cash equivalents

$ 465

$ 764

Total restricted cash and cash equivalents

480

442

Total cash and cash equivalents and restricted cash and cash equivalents

945

1,206

Receivables

1,213

1,191

Prepaid expenses and other assets

751

726

Revenue earning vehicles:

Vehicles

17,052

16,806

Less: accumulated depreciation

(2,435)

(2,155)

Revenue earning vehicles, net

14,617

14,651

Property and equipment, net

667

671

Operating lease right-of-use assets

2,211

2,253

Intangible assets, net

2,862

2,863

Goodwill

1,044

Total assets

^[1]

24,310

24,605

LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable

1,134

701

Accrued liabilities

883

860

Accrued taxes, net

177

157

Debt

15,744

15,691

Public Warrants

367

453

Operating lease liabilities

2,100

2,142

Self-insured liabilities

473

471

Deferred income taxes, net

620

1,038

Total liabilities

^[1]

21,498

21,513

Commitments and contingencies

Stockholders' equity:

Preferred stock, $0.01 par value, no shares issued and outstanding

Common stock, $0.01 par value, 480,430,082 and 479,990,286 shares issued, respectively, and 305,618,038 and 305,178,242 shares outstanding, respectively

Treasury stock, at cost, 174,812,044 and 174,812,044 common shares, respectively

(3,430)

Additional paid-in capital

6,351

6,405

Retained earnings (Accumulated deficit)

174

(248)

Accumulated other comprehensive income (loss)

(288)

360

Total stockholder's equity

2,812

3,092

Total liabilities and stockholders' equity

24,310

24,605

Vehicles

LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable

632

191

Debt

11,846

12,242

Non Vehicle Debt

LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable

502

510

Debt

3,898

3,449

Vehicles

ASSETS

Total restricted cash and cash equivalents

193

152

Receivables

238

211

Non-vehicle

ASSETS

Total restricted cash and cash equivalents

287

290

Receivables

$ 975

$ 980

[1]

Hertz Global Holdings, Inc.'s consolidated total assets as of March 31, 2024 and December 31, 2023 include total assets of variable interest entities (“VIEs”) of $1.4 billion and $1.7 billion, respectively, which can only be used to settle obligations of the VIEs. Hertz Global Holdings, Inc.'s consolidated total liabilities as of March 31, 2024 and December 31, 2023 include total liabilities of VIEs of $1.4 billion and $1.7 billion, respectively, for which the creditors of the VIEs have no recourse to Hertz Global Holdings, Inc. See "Pledges Related to Vehicle Financing" in Note 5, "Debt," for further information.

About Hertz Global Holdings Inc

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 markets. Hertz Global Holdings, Inc. was founded in 1918 and is headquartered in Estero, Florida.

CEO	Mr. Stephen M. Scherr
WEBSITE	hertz.com
INDUSTRY	Information Technology Services
EMPLOYEES	25000

Hertz Global Holdings Inc Frequently Asked Questions

What is the ticker symbol for Hertz Global Holdings Inc? What does HTZ stand for in stocks?

HTZ is the stock ticker symbol of Hertz Global Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Hertz Global Holdings Inc (HTZ)?

As of Fri May 17 2024, market cap of Hertz Global Holdings Inc is 1.69 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HTZ stock?

You can check HTZ's fair value in chart for subscribers.

What is the fair value of HTZ stock?

You can check HTZ's fair value in chart for subscribers. The fair value of Hertz Global Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Hertz Global Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HTZ so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Hertz Global Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether HTZ is over valued or under valued. Whether Hertz Global Holdings Inc is cheap or expensive depends on the assumptions which impact Hertz Global Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HTZ.

What is Hertz Global Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, HTZ's PE ratio (Price to Earnings) is 7.23 and Price to Sales (PS) ratio is 0.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HTZ PE ratio will change depending on the future growth rate expectations of investors.