The stock of Hertz Global Holdings (HTZ, Financial) experienced significant movement, climbing by 5.23% to reach $4.53 per share. The trading volume hit 2.83257 million shares with a turnover rate of 0.92% and a price fluctuation of 6.86%.
Recent financial reports show Hertz's revenue at $2.576 billion, with a net loss of $1.332 billion, translating to an earnings per share (EPS) of -$4.34. The company's gross profit stands at $232 million, and it has a price-to-earnings (P/E) ratio of -0.50.
Among the 10 institutions rating Hertz, 60% recommend holding the stock, while 40% suggest selling, with no buy recommendations. In the leasing services sector, where Hertz operates, the overall growth is 1.09%. Significant gainers in this industry include Flexshopper, Inc. and Ftai Aviation Ltd., alongside Hertz.
Hertz, a prominent player in the car rental business, operates under the brands Hertz, Dollar, Thrifty, and Firefly. The company offers rentals for cars, crossovers, and light trucks, along with auxiliary products and services. Its operations are divided into Americas RAC, which covers the U.S., Canada, Latin America, and the Caribbean, and International RAC, which serves regions outside these areas.
