U.S. auto rental company Hertz Global Holdings Inc reported a bigger-than-expected quarterly loss and revenue below estimates, hit by lower pricing in the United States.
The Mosaic Company (NYSE:MOS) closed at $23.54 a share in the latest session and the stock value rose nearly -19.03% since the beginning of this year.
The results missed Wall Street expectations. On average, equities research analysts anticipate that Hertz Global Holdings will post $0.66 earnings per share for the current fiscal year.
The company has mean EPS estimate of 1.23 reported by 10 number of analyst for the quarter ending May 8, 2017.
Hertz shares have dropped 31 percent since the beginning of the year. Hertz Global Holdings has a 12-month low of $14.32 and a 12-month high of $53.14. The stock of Hertz Global Holdings, Inc (NYSE:HTZ) has "Neutral" rating given on Friday, August 26 by Macquarie Research.
Hertz Global Holdings Incorporated (NYSE:HTZ) had an increase of 35.87% in short interest. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. GSA Capital Partners LLP now owns 17,284 shares of the transportation company's stock worth $373,000 after buying an additional 2,340 shares during the last quarter.
HTZ stock's price is now -71.81% down from its 52-week high and +4.61% up from its 52-week low. The average volume of a stock suggests the liquidity of a particular company. In the trailing twelve months, gross profit margin was 44.40% and net profit margin of the company was 3.20%. Rental pricing per day fell 2.8 percent in the US and 3.9 percent in its worldwide business thanks to overheated competition. Market Capitalization if basically the market value of the company's shares outstanding. EPS long term mean growth rate estimated by 2 analysts is at 4.2%, whereas, the high and low Long term growth rate estimated at 13 and -4.6.
A calculated and well-grounded move was made by the CFO of Telenav Inc, Mr. Michael Strambi, yesterday, when he sold amount company shares - 10,000, totalling $86,998 United States dollars, based on $8.7 for share. The company's stock had a trading volume of 7,590,317 shares. Institutional investors and hedge funds own 91.26% of the company's stock. (HTZ) is 1.24 Billion. Finally, Credit Agricole S A purchased a new position in Hertz Global Holdings during the fourth quarter valued at $341,000.
Hertz Global Holdings, Inc (NYSE:HTZ) traded down 0.47% on Monday, reaching $14.91. The company's revenue was down.9% on a year-over-year basis.
Hertz Global Holdings, Inc (NYSE:HTZ) has been given a $16.00 price target by Deutsche Bank AG in a research report issued on Tuesday.
02/28/2017 - Hertz Global Holdings, Inc had its " rating reiterated by analysts at Morgan Stanley. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & worldwide trademark and copyright legislation. Nokomis Ltd Liability Company has invested 6.87% in Telenav Inc (NASDAQ:TNAV). It operates through four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental and All Other Operations.