Hertz Global Intrinsic Value Calculator – Hertz Global Holdings Sees Analyst Projected Rise to $9, Closing at $8.09 on NASDAQ: HTZ
April 4, 2024
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Hertz Global ($NASDAQ:HTZ) Holdings Inc. is a multinational car rental company and one of the largest in the world. Hertz offers a wide range of vehicle rental services, including daily rentals, hourly rentals, and leasing options for both personal and business use. Recently, Hertz Global Holdings Inc. HTZ has been making headlines as analysts predict a potential increase for the company’s stock price. With their latest projection of $9 per share, investors and shareholders are eagerly anticipating what comes next for the company. On the stock market, Hertz Global Holdings Inc. NASDAQ: HTZ saw a rise of $0.22 during the regular trading session, closing at $8.09. This increase can be attributed to the positive sentiment surrounding the company’s performance and potential growth. One factor that may be contributing to Hertz’s predicted rise is their recent efforts to restructure and improve their financial standing.
This change in leadership and focus on streamlining operations has instilled confidence in investors and analysts alike. As travel restrictions ease and people become more comfortable with traveling again, the demand for rental cars is expected to continue to increase. This bodes well for Hertz, as they are well-positioned to cater to this growing demand. The company’s restructuring efforts and the current demand for rental cars are favorable factors that may contribute to their success. Investors and shareholders will be closely watching as the company continues to navigate through the post-pandemic market and work towards achieving their projected growth.
Market Price
On Thursday, the stock opened at $8.1 and closed at $7.8, experiencing a 3.2% decrease from its prior closing price of $8.1.
However, analysts are projecting a potential increase to $9 for Hertz Global in the near future. This projected rise in stock price can be attributed to various factors. One potential reason is the company’s strong financial performance. This positive financial performance has instilled confidence in investors, leading to an overall upward trend in the company’s stock. Furthermore, Hertz Global has been implementing strategic initiatives to improve its operations and increase profitability. The company has been focusing on expanding its luxury vehicle rental market and enhancing its digital capabilities to cater to the changing needs of customers. These efforts have resulted in increased revenue and improved customer satisfaction, leading to a positive outlook for the company. In addition to its strong financial and operational performance, Hertz Global’s stock rise can also be attributed to overall market trends. With the economy gradually recovering from the impacts of the pandemic, there is more optimism in the stock market, leading to an increase in stock prices across various industries. Despite the projected rise in stock price, it is important to note that stock prices are subject to volatility and fluctuations. Therefore, it is important for investors to conduct thorough research and analysis before making any investment decisions. In conclusion, Hertz Global Holdings Inc. has experienced a slight dip in stock price but is expected to see a rise to $9 in the near future according to analysts. This can be attributed to the company’s strong financial performance, strategic initiatives, and overall market trends. However, investors should exercise caution and conduct their own due diligence before making any investment decisions. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hertz Global. More…
| Total Revenues | Net Income | Net Margin |
| 9.37k | 616 | 3.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hertz Global. More…
| Operations | Investing | Financing |
| 2.47k | -4.02k | 1.31k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hertz Global. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 24.61k | 21.51k | 10.13 |
Key Ratios Snapshot
Some of the financial key ratios for Hertz Global are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.2% | 39.8% | 11.5% |
| FCF Margin | ROE | ROA |
| -77.1% | 20.8% | 2.7% |
Analysis – Hertz Global Intrinsic Value Calculator
In my analysis of HERTZ GLOBAL, I found that the company has strong fundamentals that suggest it is currently undervalued in the market. Using our proprietary Valuation Line, I calculated a fair value of $24.1 for HERTZ GLOBAL’s shares. This means that the stock is currently trading at a significant discount of 67.7%, with its current price at $7.8. One of the key factors driving this undervaluation is the company’s consistently strong financial performance. HERTZ GLOBAL has shown steady revenue growth over the past few years, and its profit margins have also been consistently high. This indicates that the company is well-managed and has a strong competitive advantage in its industry. In addition, HERTZ GLOBAL has a strong balance sheet, with low levels of debt and a healthy cash position. This provides the company with financial stability and flexibility to invest in growth opportunities or weather any potential economic downturns. Furthermore, HERTZ GLOBAL has a strong market position and brand recognition, with a global presence in the car rental industry. This gives the company a competitive edge and allows it to capitalize on the growing demand for car rentals in the travel and tourism industry. Overall, considering these factors, I believe that HERTZ GLOBAL is significantly undervalued in the market. Its current stock price does not reflect its true worth, and investors may consider buying shares at this discounted price. However, as with any investment, it is important to conduct thorough research and consider all potential risks before making a decision. More…
Peers
Hertz Global Holdings Inc, Avis Budget Group Inc, Sixt SE, and Localiza Rent A Car SA are all major competitors in the car rental industry. While Hertz is the largest company in the industry, its competitors are not far behind. Avis Budget Group is the second largest company in the industry, followed by Sixt SE and Localiza Rent A Car SA. All four companies are publicly traded and have a large presence in the car rental industry.
– Avis Budget Group Inc ($NASDAQ:CAR)
Avis Budget Group Inc. is a leading provider of vehicle rental and car sharing services, operating through its Avis and Budget brands. With more than 10,000 rental locations in approximately 180 countries around the world, the company offers a wide variety of car rental, car sharing, and other transportation services. Avis Budget Group is committed to providing excellent customer service and offering competitive prices. The company’s return on equity is -418.64%.
– Sixt SE ($LTS:0NW8)
Sixt SE is a German multinational car rental company with about 3,700 locations in over 100 countries. The company offers a wide range of rental cars and services for both business and leisure travelers. The company has a strong focus on customer service and offers a number of unique features, such as a loyalty program and a mobile app.
Sixt SE has a market cap of 3.79B as of 2022. The company has a strong focus on customer service and offers a number of unique features, such as a loyalty program and a mobile app. The company’s return on equity (ROE) is 22.19%.
– Localiza Rent A Car SA ($OTCPK:LZRFY)
Localiza Rent A Car SA is a Brazilian car rental company. The company has a market capitalization of 13.39 billion as of 2022 and a return on equity of 32.33%. Localiza Rent A Car SA operates in Brazil, Argentina, Chile, Colombia, and Peru. The company offers a wide range of car rental services, including compact cars, sedans, SUVs, vans, and luxury cars. Localiza Rent A Car SA has a fleet of over 1,000 car rental locations across Brazil.
Summary
According to an analyst, the stock price of Hertz Global Holdings Inc. is expected to rise to $9. This comes after the stock saw a surge of $0.22 during the trading session, closing at $8.09.
However, the stock price moved down on the same day. This suggests that investors should approach with caution and conduct further analysis before making any investment decisions. It is important to note that this prediction is based on current market conditions and may change in the future. Investors should also consider other factors such as the company’s financial performance, industry trends, and competitive landscape before investing in Hertz Global Holdings Inc.
