Herc Holdings Inc. (NYSE:HRI) has been assigned an average broker rating score of 3.00 (Hold) from the three brokers that cover the stock, Zacks Investment Research reports. Three equities research analysts have rated the stock with a hold recommendation. Herc Holdings’ rating score has declined by 20% in the last three months as a result of various analysts’ upgrades and downgrades.
Brokers have set a twelve-month consensus target price of $34.00 for the company and are forecasting that the company will post $0.02 earnings per share for the current quarter, according to Zacks. Zacks has also given Herc Holdings an industry rank of 243 out of 265 based on the ratings given to its competitors.
A number of equities research analysts recently issued reports on HRI shares. Zacks Investment Research upgraded shares of Herc Holdings from a “strong sell” rating to a “hold” rating in a report on Monday, October 17th. Barclays PLC set a $33.00 price target on shares of Herc Holdings and gave the company a “hold” rating in a report on Tuesday, November 8th.
Herc Holdings (NYSE:HRI) traded down 0.83% during trading on Monday, hitting $39.61. The stock had a trading volume of 96,106 shares. The company has a market cap of $1.12 billion, a PE ratio of 16.33 and a beta of 2.21. Herc Holdings has a 52 week low of $20.85 and a 52 week high of $48.54. The stock has a 50-day moving average price of $33.23 and a 200-day moving average price of $32.47.
Herc Holdings (NYSE:HRI) last issued its quarterly earnings data on Tuesday, November 8th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.41 by $0.30. The business earned $403.60 million during the quarter, compared to the consensus estimate of $410.37 million. Herc Holdings had a negative return on equity of 1.81% and a net margin of 0.25%. The company’s revenue for the quarter was down 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.69 earnings per share. Equities analysts predict that Herc Holdings will post ($0.05) EPS for the current year.
Herc Holdings Company Profile
Herc Holdings Inc is an equipment rental supplier. The Company operates approximately 280 branches, of which approximately 270 are in the United States and Canada. It supplies equipment to the markets, including commercial and residential construction, industrial and manufacturing, refineries and petrochemicals, civil infrastructure, automotive, government and municipalities, energy, remediation, emergency response, facilities, entertainment and agriculture.