Herc Holdings Inc (HRI) with a beta value of 1.83 appears to be a promising investment opportunity.

A new trading day began on Friday, with Herc Holdings Inc (NYSE: HRI) stock price up 9.45% from the previous day of trading, before settling in for the closing price of $118.54. HRI’s price has ranged from $96.18 to $246.88 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 35.31%. Meanwhile, its annual earnings per share averaged -23.56%. With a float of $32.53 million, this company’s outstanding shares have now reached $33.20 million.

Herc Holdings Inc (HRI) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Rental & Leasing Services Industry. The insider ownership of Herc Holdings Inc is 2.12%, while institutional ownership is 102.09%. 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) Recent Fiscal highlights

In its latest quarterly report, released on 9/30/2024, the company reported earnings of 4.35 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.51 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -23.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.67% 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

Here are Herc Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.14.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.86, a number that is poised to hit 3.16 in the next quarter and is forecasted to reach 12.31 in one year’s time.

Technical Analysis of Herc Holdings Inc (HRI)

Compared to the last year’s volume of 0.52 million, its volume of 0.47 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 69.92%.

During the past 100 days, Herc Holdings Inc’s (HRI) raw stochastic average was set at 58.82%, which indicates a significant decrease from 96.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.76 in the past 14 days, which was lower than the 6.48 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $127.74, while its 200-day Moving Average is $156.20. Nevertheless, the first resistance level for the watch stands at $134.29 in the near term. At $138.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $147.14. If the price goes on to break the first support level at $121.44, it is likely to go to the next support level at $113.15. Now, if the price goes above the second support level, the third support stands at $108.59.

Herc Holdings Inc (NYSE: HRI) Key Stats

With a market capitalization of 4.31 billion, the company has a total of 33,237K Shares Outstanding. Currently, annual sales are 3,568 M while annual income is 211,000 K. The company’s previous quarter sales were 1,002 M while its latest quarter income was -35,000 K.

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