On Tuesday, Herc Holdings Inc (NYSE: HRI) opened lower -5.77% from the last session, before settling in for the closing price of $119.50. Price fluctuations for HRI have ranged from $110.64 to $246.88 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 13.23% annually for the last half of the decade. Company’s average yearly earnings per share was noted 1.12% at the time writing. With a float of $28.07 million, this company’s outstanding shares have now reached $28.40 million.
In an organization with 7600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 33.37%, operating margin of 17.43%, and the pretax margin is 8.62%.
Herc Holdings Inc (HRI) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Rental & Leasing Services industry is another important factor to consider. The insider ownership of Herc Holdings Inc is 1.44%, while institutional ownership is 98.43%. The most recent insider transaction that took place on Nov 25 ’24, was worth 911,788. Before that another transaction happened on Nov 06 ’24, when Company’s President & CEO sold 45,816 for $237.41, making the entire transaction worth $10,877,199. This insider now owns 167,566 shares in total.
Herc Holdings Inc (HRI) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.72 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.02% during the next five years compared to 35.31% growth over the previous five years of trading.
Herc Holdings Inc (NYSE: HRI) Trading Performance Indicators
Check out the current performance indicators for Herc Holdings Inc (HRI). In the past quarter, the stock posted a quick ratio of 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.90. Likewise, its price to free cash flow for the trailing twelve months is 200.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.41, a number that is poised to hit 2.24 in the next quarter and is forecasted to reach 15.17 in one year’s time.
Technical Analysis of Herc Holdings Inc (HRI)
Let’s dig in a bit further. During the last 5-days, its volume was 0.61 million. That was better than the volume of 0.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.84%. Additionally, its Average True Range was 9.55.
During the past 100 days, Herc Holdings Inc’s (HRI) raw stochastic average was set at 2.22%, which indicates a significant decrease from 7.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.04% in the past 14 days, which was higher than the 49.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $156.96, while its 200-day Moving Average is $168.83. However, in the short run, Herc Holdings Inc’s stock first resistance to watch stands at $123.19. Second resistance stands at $133.78. The third major resistance level sits at $140.48. If the price goes on to break the first support level at $105.90, it is likely to go to the next support level at $99.20. The third support level lies at $88.61 if the price breaches the second support level.
Herc Holdings Inc (NYSE: HRI) Key Stats
There are currently 28,484K shares outstanding in the company with a market cap of 3.21 billion. Presently, the company’s annual sales total 3,568 M according to its annual income of 211,000 K. Last quarter, the company’s sales amounted to 951,000 K and its income totaled -46,000 K.
