Herc Holdings Inc. (NYSE:HRI) – Equities research analysts at Northcoast Research raised their Q4 2017 earnings per share (EPS) estimates for shares of Herc Holdings in a note issued to investors on Thursday. Northcoast Research analyst J. Healy now anticipates that the transportation company will post earnings per share of $0.41 for the quarter, up from their previous forecast of $0.40.

A number of other equities research analysts have also recently commented on HRI. Zacks Investment Research cut shares of Herc Holdings from a “hold” rating to a “strong sell” rating in a report on Thursday, August 10th. ValuEngine raised shares of Herc Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Herc Holdings currently has a consensus rating of “Hold” and an average price target of $45.71.

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Shares of Herc Holdings (NYSE HRI) opened at $55.50 on Friday. The company has a debt-to-equity ratio of 8.29, a quick ratio of 0.85 and a current ratio of 0.91. Herc Holdings has a 1-year low of $33.27 and a 1-year high of $57.64.

Herc Holdings (NYSE:HRI) last posted its quarterly earnings results on Wednesday, November 8th. The transportation company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.23. The company had revenue of $457.60 million for the quarter, compared to analysts’ expectations of $422.31 million. Herc Holdings had a negative net margin of 4.08% and a negative return on equity of 6.64%. Herc Holdings’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.11 EPS.

A number of hedge funds have recently modified their holdings of the business. SG Capital Management LLC bought a new stake in Herc Holdings during the 3rd quarter valued at $4,358,000. American International Group Inc. raised its holdings in Herc Holdings by 8.1% during the 3rd quarter. American International Group Inc. now owns 16,243 shares of the transportation company’s stock valued at $798,000 after acquiring an additional 1,215 shares during the period. SG Americas Securities LLC raised its holdings in Herc Holdings by 12.1% during the 3rd quarter. SG Americas Securities LLC now owns 11,180 shares of the transportation company’s stock valued at $549,000 after acquiring an additional 1,208 shares during the period. Cambridge Investment Research Advisors Inc. bought a new stake in Herc Holdings during the 3rd quarter valued at $641,000. Finally, Gabelli Funds LLC raised its holdings in Herc Holdings by 0.3% during the 3rd quarter. Gabelli Funds LLC now owns 1,254,609 shares of the transportation company’s stock valued at $61,639,000 after acquiring an additional 3,300 shares during the period.

Herc Holdings Company Profile

Hertz Global Holdings, Inc (Hertz Global) is a holding company. The Company owns Rental Car Intermediate Holdings, LLC, which owns Hertz Corporation (Hertz), Hertz Global’s primary operating company. The Company operates through three segments. The U.S. Car Rental (U.S. RAC) segment is engaged in the rental of vehicles, such as cars, crossovers and light trucks, as well as ancillary products and services, in the United States.

Earnings History and Estimates for Herc Holdings (NYSE:HRI)

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