Can Herc Holdings Inc’s (HRI) hike of 7.17% in a week be considered a lucky break?

Shaun Noe

On Tuesday, Herc Holdings Inc (NYSE: HRI) opened higher 4.02% from the last session, before settling in for the closing price of $133.28. Price fluctuations for HRI have ranged from $96.18 to $246.88 over the past 52 weeks.

Annual sales at Industrials sector company grew by 35.31% over the past five years. Company’s average yearly earnings per share was noted -38.66% at the time writing. With a float of $32.53 million, this company’s outstanding shares have now reached $33.20 million.

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 2.12%, while institutional ownership is 101.80%. 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

If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 3.58 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 3.94) by -0.36. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.84 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -38.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.03% 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 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.86, a number that is poised to hit 1.86 in the next quarter and is forecasted to reach 8.93 in one year’s time.

Technical Analysis of Herc Holdings Inc (HRI)

Herc Holdings Inc (NYSE: HRI) saw its 5-day average volume 0.52 million, a positive change from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 87.65%.

During the past 100 days, Herc Holdings Inc’s (HRI) raw stochastic average was set at 67.10%, which indicates a significant decrease from 82.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.99 in the past 14 days, which was higher than the 5.89 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $126.92, while its 200-day Moving Average is $137.16. Nevertheless, the first resistance level for the watch stands at $143.22 in the near term. At $147.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $152.26. If the price goes on to break the first support level at $134.18, it is likely to go to the next support level at $129.72. The third support level lies at $125.14 if the price breaches the second support level.

Herc Holdings Inc (NYSE: HRI) Key Stats

There are currently 33,237K shares outstanding in the company with a market cap of 4.61 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 1,002 M and its income totaled -35,000 K.

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