Top Wall Street Forecasters Revamp Hertz Global Expectations Ahead Of Q1 Earnings

Benzinga
05-12

Hertz Global Holdings, Inc (NASDAQ:HTZ) will release earnings results for the first quarter, after the closing bell on Monday, May 12.

Analysts expect the Estero, Florida-based company to report quarterly losses at 98 cents per share, versus year-ago losses of $1.28 per share in the year-ago period. Hertz Global projects to report quarterly revenue at $2.01 billion, compared to $2.08 billion a year earlier, according to data from Benzinga Pro.

Pershing Square revealed in a regulatory filing last month that the firm purchased 12.71 million shares of Hertz as of Dec. 31, representing a stake of approximately 4.1%.

Hertz Global shares gained 7.7% to close at $6.72 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings </em></a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Morgan Stanley analyst Adam Jonas maintained an Equal-Weight rating and cut the price target from $8 to $7 on Aug. 6, 2024. This analyst has an accuracy rate of 63%.
  • Susquehanna analyst Christopher Stathoulopoulos maintained a Neutral rating and slashed the price target from $5 to $4 on Aug. 6, 2024. This analyst has an accuracy rate of 76%.
  • Oppenheimer analyst Ian Zaffino maintained a Perform rating on July 5, 2024. This analyst has an accuracy rate of 61%.

Considering buying HTZ stock? Here’s what analysts think:

Read This Next:

  • Top 3 Industrials Stocks That May Collapse In May

Photo via Shutterstock

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10