The stock of Hertz Global Holdings Inc. (HTZ, Financial) experienced a notable increase, climbing 5.05% to reach $3.31 per share. The trading volume stood at 2.26894 million shares, with a turnover rate of 0.74% and a price fluctuation of 4.76%.
Recent financial reports reveal that Hertz reported a revenue of $2.353 billion, but faced a net loss of $865 million, leading to an earnings per share (EPS) of -$2.83. The company's gross profit was $19 million, and the price-to-earnings (P/E) ratio stands at -1.06.
In terms of institutional ratings, out of eight firms covering the stock, 50% recommend holding, while the remaining 50% suggest selling. None of the institutions recommend buying the stock. Within the leasing services sector, where Hertz operates, the average increase was 0.51%.
Other related stocks showing significant gains included Willis Financial Leasing and Alta Equipment Group Inc. Notably active stocks include Zoomcar Holdings, Inc., Global Ship Lease, and Willscot Mobile Mini Holdings Corporation, with turnover rates of 8.71%, 1.38%, and 0.81%, respectively. Stocks with larger price swings were Zoomcar Holdings Inc C/Wts 31/05/2025 (To Pur Com) at 22.27%, Zoomcar Holdings, Inc., and Willis Financial Leasing at 8.97% and 8.07% respectively.
Hertz Global Holdings Inc. specializes in car rental services through brands like Hertz, Dollar, Thrifty, and Firefly. The company offers rentals of sedans, crossovers, and light trucks, alongside auxiliary products and services. Its operations are divided into Americas RAC (United States, Canada, Latin America, and the Caribbean) and International RAC (outside the Americas), focusing on vehicle rentals and value-added services.
