The stock of Herc Holdings Inc (NYSE:HRI) last traded at $200.74, up 2.76% from the previous session.
HRI stock price is now -0.28% away from the 50-day moving average and 18.25% away from the 200-day moving average. The market capitalization of the company currently stands at $5.71B.
With the price target of $155, JP Morgan recently initiated with Neutral rating for Herc Holdings Inc (NYSE: HRI)., while ‘BofA Securities’ rates the stock as ‘Underperform’
In other news, Peres Tamir, Officer bought 4,026 shares of the company’s stock on Nov 25 ’24. The stock was bought for $911,788 at an average price of $226.47. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06 ’24, President & CEO Silber Lawrence Harris sold 45,816 shares of the business’s stock. A total of $10,877,199 was realized by selling the stock at an average price of $237.41. This leaves the insider owning 167,566 shares of the company worth $33.64 million. A total of 1.46% of the company’s stock is owned by insiders.
During the past 12 months, Herc Holdings Inc has had a low of $124.70 and a high of $246.88. As of last week, the company has a debt-to-equity ratio of 3.49, a current ratio of 1.22, and a quick ratio of 1.22. According to the stock market information, the enterprise value for the company is $10701150208, which is based on a 16.41 price-to-earnings ratio, a 1.14 price-to-earnings-growth ratio, and a beta of 2.10. The fifty day moving average price for HRI is $201.2978 and a two-hundred day moving average price translates $169.75516 for the stock.
The latest earnings results from Herc Holdings Inc (NYSE: HRI) was released for 2024-12-31. The net profit margin was 10.09% and return on equity was 26.01% for HRI. The company reported revenue of $951.0 million for the quarter, compared to $832.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.3 percent.
