The stock of Herc Holdings Inc (NYSE:HRI) is a huge mover today! About 457,095 shares traded hands. Herc Holdings Inc (NYSE:HRI) has risen 22.51% since April 8, 2016 and is uptrending. It has outperformed by 16.86% the S&P500.
The move comes after 9 months positive chart setup for the $1.24 billion company. It was reported on Nov, 10 by Barchart.com. We have $59.11 PT which if reached, will make NYSE:HRI worth $694.40 million more.
Analysts await Herc Holdings Inc (NYSE:HRI) to report earnings on November, 14. They expect $0.22 earnings per share, down 97.01% or $7.13 from last year’s $7.35 per share. HRI’s profit will be $7.20M for 43.06 P/E if the $0.22 EPS becomes a reality. After $0.20 actual earnings per share reported by Herc Holdings Inc for the previous quarter, Wall Street now forecasts 10.00% EPS growth.
According to Zacks Investment Research, “Herc Holdings, Inc. through its subsidiary Herc Rentals Inc. provides equipment rental suppliers primarily in North America. The company is a full-line equipment-rental supplier in commercial and residential construction, industrial and manufacturing, refineries and petrochemicals, civil infrastructure, automotive, government and municipalities, energy, remediation, emergency response, facilities, entertainment and agriculture. The equipment rental business is supported by ProSolutions (Tm). Herc Holdings Inc., formerly known as Hertz Global Holdings, Inc., is based in Bonita Springs, United States.”
More recent Herc Holdings Inc (NYSE:HRI) news were published by: Prnewswire.com which released: “Board of Directors for Herc Holdings Inc. Set Following Separation from Hertz …” on June 06, 2016. Also Marketwatch.com published the news titled: “/quotes/zigman/3870025/realtime” on November 02, 2011. Businesswire.com‘s news article titled: “Herc Rentals Completes Separation from Hertz Car Rental Business; Becomes an …” with publication date: July 01, 2016 was also an interesting one.
HRI Company Profile
Hertz Global Holdings, Inc., formerly Hertz Rental Car Holding Company, Inc., operates car rental business. The Firm operates the Hertz, Dollar, Thrifty and Firefly car rental brands in approximately 9,980 corporate and licensee locations throughout approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand.
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