Herc Holdings Inc. (HRI, Financial) has projected a 4% to 6% increase in equipment rental revenue for 2025. This growth forecast signifies a moderate expansion in the company's core business operations over the coming year.
In conjunction with this revenue projection, Herc Holdings anticipates allocating between $700 million and $900 million for gross capital expenditures. This range indicates the company's commitment to investing significantly in its operational capacity and asset base to support the forecasted growth.
It is important to note that these financial projections exclude contributions from the Cinelease studio entertainment division, as well as the lighting and grip equipment rental business. These exclusions underline a strategic focus on core equipment rental activities, allowing investors and stakeholders to better assess the performance and potential of Herc Holdings' primary operations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Herc Holdings Inc (HRI, Financial) is $197.25 with a high estimate of $272.00 and a low estimate of $125.00. The average target implies an upside of 76.91% from the current price of $111.50. More detailed estimate data can be found on the Herc Holdings Inc (HRI) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Herc Holdings Inc's (HRI, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Herc Holdings Inc (HRI, Financial) in one year is $179.36, suggesting a upside of 60.86% from the current price of $111.5. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Herc Holdings Inc (HRI) Summary page.
