AI Trading NASDAQ Tue, 12 Dec

Dear Reader,

HTZ: Hertz Global Holdings Inc. has been a strong buy since 2023-12-11, with an analyst consensus price target of $25.2. If you invested between 2021-07-30 – 2023-03-08 using the AI strategy, you could have potentially made a 283.1% return, with an average of 35.39% for each trade and 48.0 days in the long position. A total of 8.0 positions were taken over the period, with an overall accuracy of 0.7 when predicting an upward trend in the following 2 weeks.

Hertz Global Holdings Inc. (HTZ) is a car rental company based in Estero, Florida. It is a NASDAQ listed company with a market capitalization of $6.04 billion and a currency of USD. The company operates in the Trade & Services sector, and is part of the Services-Auto Rental & Leasing (No Drivers) industry. The company has reported an EBITDA of $2.21 billion and a Profit Margin of 0.237, with a return on assets of 0.0612 and a Return on Equity of 0.733.

The current share price of HTZ is 8.7 as of 2023-12-11, with a trailing P/E ratio of 5.78, and a forward P/E ratio of 7.1. The price to sales ratio for the trailing twelve months is 0.617, with a price to book ratio of 1.938. The company has an EV/Revenue of 2.207, and an EV/EBITDA of 5.92.

The 52-week high for HTZ is 24.35 and the 52-week low is 14.49. The 50-day moving average is 16.61 and the 200-day moving average is 17.94. There are 322.4 million shares outstanding, with no dividend per share or dividend date. The analyst target price is 25.2.

In terms of historic company performance, HTZ’s revenue for the trailing twelve months is $8.69 billion, with a gross profit of $3.18 billion. The diluted EPS for the trailing twelve months is 3.24, with a quarterly earnings growth YoY of 0.172, and a quarterly revenue growth YoY of 0.044.

Overall, Hertz Global Holdings Inc. is a strong company with a stable share price. The current trading price of 8.7 is slightly below the 52-week high of 24.35, but still well above the 52-week low of 14.49. The analyst target price of 25.2 is well above the current trading price, meaning there is potential for the stock to increase in value over the coming months.

Symbol: HTZ
AssetType: Common Stock
Name: Hertz Global Holdings Inc
Description: Hertz Global Holdings, Inc. is a car rental company. The company is headquartered in Estero, Florida.
CIK: 1657853
Exchange: NASDAQ
Currency: USD
Country: USA
FiscalYearEnd: December
LatestQuarter: 2022-12-31
MarketCapitalization: 6041926000
EBITDA: 2211000000
PERatio: 5.78
PEGRatio: None
BookValue: 8.18
DividendPerShare: 0
DividendYield: 0
EPS: 3.24
RevenuePerShareTTM: 22.92
ProfitMargin: 0.237
OperatingMarginTTM: 0.238
ReturnOnAssetsTTM: 0.0612
ReturnOnEquityTTM: 0.733
RevenueTTM: 8685000000
GrossProfitTTM: 3176000000
DilutedEPSTTM: 3.24
QuarterlyEarningsGrowthYOY: 0.172
QuarterlyRevenueGrowthYOY: 0.044
AnalystTargetPrice: 25.2
TrailingPE: 5.78
ForwardPE: 7.1
PriceToSalesRatioTTM: 0.617
PriceToBookRatio: 1.938
EVToRevenue: 2.207
Beta: None
52WeekHigh: 24.35
52WeekLow: 14.49
50DayMovingAverage: 16.61
200DayMovingAverage: 17.94
SharesOutstanding: 322408000
DividendDate: None
ExDividendDate: None

Date Symbol Prediction Model Accuracy Price Target Analyst Target
2023-12-11 HTZ STRONGBUY 0.7 8.7 25.2

More AI Trading NASDAQ Tue, 12 Dec buys

You must be logged in to view this content. Log In No account? Register  for Free.  

AI Trading NASDAQ Tue, 12 Dec sells

You must be logged in to view this content. Log In No account? Register  for Free.  

Back-testing and model summaries

You must be logged in to view this content. Log In No account? Register  for Free.  

Thanks for subscribing and happy investing!

The Third Perspective Team