Drilling Down Into Hertz Global Holdings, Inc. (HTZ)

Hertz Global Holdings, Inc. (HTZ) is an interesting player in the Services space, with a focus on Rental & Leasing Services. The stock has been active on the tape, currently trading at $24.30, up from yesterday’s close by 5.24%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Hertz Global Holdings, Inc. (HTZ) currently trades with a market capitalization of $2.03 Billion. That value represents a market adjusting for revenues that have been growing by 13.38 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$8.09 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of -$0.61 on a per share basis this quarter. Perhaps, that suggests something about why 3.91% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Hertz Global Holdings, Inc. recorded a 52-week high of $27.27. It is now trading 2.97% off that level. The stock is trading $21.25 its 50-day moving average by -3.05%. The stock carved out a 52-week low down at $8.52.

In recent action, Hertz Global Holdings, Inc. (HTZ) has made a move of +11.98% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 21.04, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 27.50% with $82.95 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of HTZ.

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